Nearly 67 of the 100 unicorns in India came into existence after 2005, a Credit Suisse report says, noting changes in regulatory, business and funding environment.
Now is a good time to integrate the most crucial feature missing in the Indian micro-finance system — running it as a social business, writes Nobel Peace Prize winner Muhammad Yunus.
In a new Carnegie India paper, an IAS officer and a scholar from Chennai lay out policy prescriptions for the government to create conditions and generate employment for India’s youth.
Going through their Instagrams and dissecting their ‘statements’ is not the astute political commentary you think it is—it is time for us to back off from targeting 20-year-olds.
Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.
New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.
A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.
There was a time when Companies were valued on basis of Assets, Revenue, Profits, Value Added. Simply put… you Invest 1Crore, have a Revenue of Rs20 Crore mostly adding Value (no trading, speculation, etc..) have a Before Tax Profit of Rs2 Crore… what is the valuation….???
In the 1980’s all this changed…. intangibles entered the picture…. Trade Marks, Patents, Name, Market Share, Growth Potential, (Arbitrary) Share Prices, etc….etc…. are piled on top of the earlier parameters.. and now what is the Valuation….??? You get the idea
Well compiled and very informative for the casual reader. It is very encouraging to note that our youngsters are capable. A jarring note in this symphony is that entrepreneurship in Industrials is only 2%. 98% of the start ups are in the services sectors. Probably, now, India needs to boost entrepreneurship in the manufacturing sectors. That is not very easy. We must recognize that services sector can’t forever subsist without a robust manufacturing sector. Can we have a supply chain going without supplies?
There are a plethora of niche products (like small HV transformers in the range of 40-100 Kv) which can be handled by our MSMEs. Probably the boost being given to this sector will see more entrepreneur efforts in this sector. MSMEs have to shift to rural areas which will supply the manpower –this will reduce exodus of labour to urban areas. The urban youth, including those who have migrated, fancy being a delivery boy, for Amazon, Flipkart, Swiggy etc. riding a mobike than greese their fingers on the shop floor.
Tail piece: These are some stray thoughts. Hopefully The Pritwill carry an analysis of our manufacturing sector soon.
Well said Col. Manu sectors should be given a push.
It’s not that easy. Its called barriers of doing buissnes. The service industries like swiggy and zato were able to take off since they had acess to an untapped market. Manufacturing is another buissnes entirely , most sectors are already donated by china and they have cracked the global market. The huge economies of scale lets them sell at extremely low prices. This is unlikely to change even if you put high Import duties.
See what is happening in solar panel sector. Every solar developer is scrambling to get their hands on chinese solar panels even with the hike in tarrifs
Dear VKP,
True. Not easy.
So, the biggies create the infrastructure for a product and foster an ecosystem of MSMEs around to support it with making components which go as inputs to the main product. A la the automobile sector. The scales can vary as per requirement and the product. This is but one model.
Besides, have you noticed that a purely Chinese product, unlike the Made in China products for established multi nationals like Apple, Titleist etc. are of low quality.
Tail piece: We can yet do it. More difficult, longer it will sustain.
Regards
If you are REALLY interested in seeing manufacturing and rural India grow and add $1+Trillion/yr to the Economy….. see my videos on YouTube Channel…. zeropollution2050 (one word)…
Thanks Ajay. Very informative video. Opportunities exist. If we have the will we will have a way.
Regards
Dont worry when Congress and the assorted leftists come to power they will be all Nationalised by Rahul G
There was a time when Companies were valued on basis of Assets, Revenue, Profits, Value Added. Simply put… you Invest 1Crore, have a Revenue of Rs20 Crore mostly adding Value (no trading, speculation, etc..) have a Before Tax Profit of Rs2 Crore… what is the valuation….???
In the 1980’s all this changed…. intangibles entered the picture…. Trade Marks, Patents, Name, Market Share, Growth Potential, (Arbitrary) Share Prices, etc….etc…. are piled on top of the earlier parameters.. and now what is the Valuation….??? You get the idea
Because these so called Unicorns are being funded by the unscrupulous US financial sector and FPI’s.
It’s ‘notorious’ a newspaper should spelling right.
We are competing ,becoming fearless and taking risks in a vollatile and diversified mkt. with intelligence and accuracy and indomitable will.
Well compiled and very informative for the casual reader. It is very encouraging to note that our youngsters are capable. A jarring note in this symphony is that entrepreneurship in Industrials is only 2%. 98% of the start ups are in the services sectors. Probably, now, India needs to boost entrepreneurship in the manufacturing sectors. That is not very easy. We must recognize that services sector can’t forever subsist without a robust manufacturing sector. Can we have a supply chain going without supplies?
There are a plethora of niche products (like small HV transformers in the range of 40-100 Kv) which can be handled by our MSMEs. Probably the boost being given to this sector will see more entrepreneur efforts in this sector. MSMEs have to shift to rural areas which will supply the manpower –this will reduce exodus of labour to urban areas. The urban youth, including those who have migrated, fancy being a delivery boy, for Amazon, Flipkart, Swiggy etc. riding a mobike than greese their fingers on the shop floor.
Tail piece: These are some stray thoughts. Hopefully The Pritwill carry an analysis of our manufacturing sector soon.
Well said Col. Manu sectors should be given a push.
It’s not that easy. Its called barriers of doing buissnes. The service industries like swiggy and zato were able to take off since they had acess to an untapped market. Manufacturing is another buissnes entirely , most sectors are already donated by china and they have cracked the global market. The huge economies of scale lets them sell at extremely low prices. This is unlikely to change even if you put high Import duties.
See what is happening in solar panel sector. Every solar developer is scrambling to get their hands on chinese solar panels even with the hike in tarrifs
Dear VKP,
True. Not easy.
So, the biggies create the infrastructure for a product and foster an ecosystem of MSMEs around to support it with making components which go as inputs to the main product. A la the automobile sector. The scales can vary as per requirement and the product. This is but one model.
Besides, have you noticed that a purely Chinese product, unlike the Made in China products for established multi nationals like Apple, Titleist etc. are of low quality.
Tail piece: We can yet do it. More difficult, longer it will sustain.
Regards
If you are REALLY interested in seeing manufacturing and rural India grow and add $1+Trillion/yr to the Economy….. see my videos on YouTube Channel…. zeropollution2050 (one word)…
Thanks Ajay. Very informative video. Opportunities exist. If we have the will we will have a way.
Regards
Dont worry when Congress and the assorted leftists come to power they will be all Nationalised by Rahul G
No dogn yey of people yristinh fiscredited vongis
Commies are extinct world ober.only rss will tule yhe roost
Didn’t the article say most of these companies started after Congress and the assorted leftists came to power in 2004?