Think Big! Start Small! – India : Challenges or Opportunities?

– Almost 88% of Indian Economy is unorganized
– The companies, big or small, that we want to work for constitute only 12% of the economy
– Over 70% of Indian population is non-urban and reasonable chunk is well-off
– Majority is still looking for basic amenities and services
– In 2009, The number of work Visas issued to foreigners to work in India is more than number of Visas Indians applied for, to work abroad!!
– Over 30,000 Korean children are studying in Indian Schools under South Korean Government’s Focused program –> to conquer the 88% of the economy!!

So what are the implications?

– India is a vast nation with immense possibilities
– High potential to organize the unorganized
– The world is heading to India to take advantage of this vast potential
– Mukesh Ambani recently said, “There will be over a dozen companies as big as Reliance in 2025, many of those are yet to start their entrepreneurial journey!”; “India will create 20million jobs every year”;

Indian Universities do not cater to a couple of million, where will the rest come from? Watch this youtube video…

– Indian economy has grown leaps and bounds in the last two decades due to a great deal of entrepreneurial activity in IT/ITES sectors. The next two decades will see such huge activities in a range of small and medium enterprises, organizing the unorganized.
– The real opportunity with the statistics that we have, is in the space of entrepreneurship and nowhere. Are you game for it?