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India Has Tech Potential, but R&D and Red Tape Persist
Rajan Anandan and Saurabh Srivastava believe India could become a much bigger force in technology.
They say the country has more people starting companies and more money available at home.
They also point to funding for deep technology.
India’s large market could help new technology businesses grow.
But the country still faces challenges.
The article says it needs to spend more on research and development.
It also says rules and regulations can make progress harder.
The entrepreneurs and investors say addressing these issues could help India’s next technology boom.
Entrepreneurs and investors Rajan Anandan and Saurabh Srivastava say India has the foundations to expand its technology sector.
They point to a growing pool of founders, domestic capital and deep-tech funding.
They say India’s market opportunity can help drive a new technology boom.
They identify low research and development spending as a hurdle.
They also say regulatory hurdles need to be reduced.
- Who
- Entrepreneurs and investors Rajan Anandan and Saurabh Srivastava.
- What
- They say India has the potential to grow into a global technology powerhouse, but must increase R&D spending and reduce regulatory hurdles.
- Where
- India.
- When
- Why
- A growing pool of founders, domestic capital, deep-tech funding and market opportunity could support technology growth, while R&D and regulatory barriers remain obstacles.
Key facts
- People quoted
- Rajan Anandan and Saurabh Srivastava
- Opportunity
- A growing pool of founders, domestic capital and deep-tech funding
- Market factor
- India’s market opportunity
- Identified hurdle
- Insufficient research and development spending
- Identified hurdle
- Regulatory hurdles
Sources
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