STARTUPS IN INDIA: A NEW ERA OR NEED OF THE DAY?

Subhash is a Six Sigma Black Belt Mechanical Engineer with demonstrated experience of more than two decades in the industry having skilled in various fields like manufacturing, quality and R&D

- Subhash Shukla

It’s a known fact that one of the biggest challenges India is facing is providing employment to the youth, especially demanding millennials who are not ready to compromise. And why would & why should they?

Who can fulfill this need? Government? Large industrial giants? Big businesses? Certainly not. As evident these bodies are struggling to sustain themselves and working the very best to reduce their manpower. Is there anyone else?? The right answer is Startups. Ola Cabs, Paytm, Swiggy, Zomato are the popular ones to name a few.

While most of the economy is down in dumps, Indian startups are surprisingly flourishing.

The startup wave in India is getting stronger by the day and state-level policies and initiatives are making a huge difference to boost the tech ecosystems at a regional level. The Startup India policy in the central government is piloting the direction of the overall tech industry, but at the same time, each state has its own policies to attend to areas that need the most attention. Such is the case with Andhra Pradesh too.

Andhra Pradesh (AP) has recently had to adapt to the changes in the region after its bifurcation. As stated by the Andhra Pradesh innovation society, a big challenge lies ahead in rebuilding the state from scratch. The Sunrise State of Andhra Pradesh is making rapid progress in all developmental dimensions. Continuing its steady progress, the State envisions its transformation into an innovation-driven society and this can be largely done by promoting and recognizing innovative products/solutions that address societal problems.