Indian Startups Poised to Conquer Global Markets, Says Amitabh Kant
In a fervent backing of Indian ingenuity, Amitabh Kant, G20 Sherpa and the former CEO of NITI Aayog, championed the advancements and potential of Indian startups at the recent Startup Mahakumbh 2025. Acknowledging the impressive strides made by startups, Kant believes they are well-situated to shake the global landscape, rivaling countries like China in cutting-edge domains.
A Tale of Innovation and Progress
During the Startup Mahakumbh event, Kant’s comments stood in response to Piyush Goyal’s earlier discourse highlighting the divergent trajectories of Indian and Chinese startups. According to Business Today, Goyal emphasized the vibrant presence of Indian startups in the digital economy through breakthroughs in services like food delivery and influencer-driven platforms, carving out a niche distinct from the heavy-tech focus of Chinese enterprises.
Embracing Disruption with Pioneering Technology
Amitabh Kant, in an emphatic speech, envisioned a transformative era brimming with disruptive innovation. He urged Indian startups to delve into sectors such as AI, electric vehicles, and the circular economy with vigor unmatched. “This age is replete with disruption,” he stated, challenging India to make quantum leaps in burgeoning fields like space tech and cleantech.
The Vision for Deep Tech Leadership
Amid shifting global economic currents, Kant also addressed the critical role of patient capital in deep tech industries. With technologies like blockchain and AI being longer-term investments, he pointed to the need for dedicated and resilient financial backing to sustain these ventures against high US tariffs and global supply chain disruptions.
Cultural Integrity in Technological Imprints
Kant further emphasized on Indian startups building AI models that resonate with indigenous perspectives, cautioning against over-reliance on Western frameworks. Such an approach, he suggested, not only safeguards India’s cultural essence but bolsters its standing as a forward-thinking civilization. Through carefully nurtured innovation, Kant believes Indian startups can redefine their role in the international arena.
India stands at the cusp of a new age of invention and discovery. Under the guidance of leaders like Kant and Goyal, and the relentless energy of its startups, the future seems nothing short of promising.