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Tuesday, January 07, 2025 | 05:33 PM ISTEN Hindi

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Can start-ups really impact the economy?

At least in India, most of them are unstable and unsustainable. Let them be until they grow up

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R Gopalakrishnan
My answer is “no” if we refer to e-commerce type of start-ups and the time horizon is 10 years. For sure, technology can and will impact, for example, India’s health care and education access issues in the long run. Important folks in business and administration assert that current start-ups are India’s hope to stimulate employment and spur national economic growth; their view appears persuasive. Most likely, the emperor is wearing no clothes. Digital technologies are disruptive and important, they could build a great future. However, it is unwise to expect nascent start-ups to shift the national needle in the immediate
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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