‘I think people severely underestimate India': US founder praises India's booming startup scene
A US businesswoman and author Codie Sanchez has shared a post praising India, saying that it is "severely underestimated " as a business powerhouse. Taking to X (formerly Twitter), Codie added that she is planning a trip to India.
Codie tweeted, "I'm planning an Indian tour... I think people severely underestimate India as a business powerhouse. 1) Past = It's only call centres. Now = millions speak fluent English. 2) Past: IT back office for the world. Now = tons of engineers with complex skills. 3. Past: Copycat Indian startups. Now = Billion-dollar native creative startups."
Codie concluded her note, "Functioning democracy. Rule of law. Intellectual property rights. Entrepreneurial attitude. All ingredients for the next startup innovation hub." The Entrepreneur on a journey page asked, "This tour, will it be in India, or in the north Dallas suburbs?" She replied, "lol real ones know."
A woman wrote, "I'd love to join & my family would be happy to host you with factory tours in Morbi, Gujarat, massive export town. India is amazing. Despite its reputation, it is truly the future in terms of business." Codie responded, "Thank you I have never been to those parts of India!" A tweet read, "Definitely visit factories in India. The startup world will be easily accessible, but get into as many factories as possible."
A person wrote, "Totally agree! India's transformation is incredible. From innovation hubs to startup unicorns, the potential is massive. Excited for your tour—bet you'll find it eye-opening!" "As someone from India, I feel this shift every day. It's not just talent, but it's hunger, creativity, and a new wave of builders who aren't just following trends, but setting them. The world's watching now," wrote another person.
An X user said, "It's crazy how fast things have changed, India's emerging as a major global business force." A comment read, "Good luck with the tour. You will experience many different versions of India. So let's see what you come back with." A person said, "India is going to become the new China for the USA. We move a lot over to them. They copy and replicate. Their economy will grow. Millions will come out of poverty. Hopefully, this time, we do it smartly so we don't build up our next strategic competitor. Maybe that's inevitable."
Currently based in Texas, Codie studied at Arizona State University and then did her MBA from Georgetown University. She has worked for several companies such as Vanguard, Goldman Sachs, State Street and First Trust, among others. She is the founder of Contrarian Thinking. Codie also has her own podcast channel, Big Deal.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
22 minutes ago
- Business Standard
Saudi Arabia aims at 25% of leisure travellers from India by 2030
The West Asian country's global vision is to attract 150 million tourists annually, generating 10 per cent of its gross domestic product (GDP) Surajeet Das Gupta Listen to This Article Saudi Arabia expects to attract over 7.5 million Indian visitors by 2030 under its ambitious 'Vision 2030' program, as it sets its eyes on not just religious but also on leisure travellers. It's a substantial three-fold jump from last year's number. The West Asian country's global vision is to attract 150 million tourists annually, generating 10 per cent of its gross domestic product (GDP). But, this time around, there is also a big and discernible difference in their strategy-- sure Indians would continue to go to the country for religious purposes and work. Saudi Arabia is now focusing on wooing
Economic Times
23 minutes ago
- Economic Times
India's FY26 GDP growth to slide to 6.2 pc: Nomura
India's real GDP growth in FY26 will slide further to 6.2 per cent in FY26 from 6.5 per cent in FY25, a Japanese brokerage said on Monday. In a research report, Nomura said there is a "divergence" between the growth in GST collections and across other high-frequency growth indicators like auto sales and bank credit growth. As per the official data released last week, the real GDP growth came down to 6.5 per cent in FY25 from 9.2 per cent in FY24. The RBI sees growth sustaining at 6.5 per cent, the official data showed. "Our baseline view assumes GDP growth moderates to 6.2 per cent in FY26 from 6.5 per cent in FY25," Nomura said in its report. The Japanese brokerage revised its March 2026 Nifty target to 26,140 points, up from the previous level of 24,970 points, on the macroeconomic trends and also sought to temper concerns on valuations. "The Indian equity markets have been resilient in the recent past despite corporate earnings estimate cuts and global uncertainties," Nomura said. "We think positive domestic macros, as reflected in the significant fall in yields and the relatively lower beta of Indian equities underpinned by consistent domestic flows, are supporting market valuation," the report said. American brokerage peer Bofa Securities, however, made a cautious note about equity market valuations and said that they seem to be "full" in the near term. The brokerage, however, said it expects India to continue being the top country to deliver a high number of stock compounders and pointed out nine structural themes aiding it, including rapid infrastructure creation, productivity gains, digitisation and financialisation. Nomura said it prefers domestic-focused sectors against exporters given the global uncertainties, and also expects the investment cycle to get delayed because of the global uncertainties. Consumption stocks have underperformed during the market correction since the peak in September 2024, it said, adding that the current macro environment marked by low inflation, interest rate cuts and income tax cuts presents tailwinds to consumption.
Economic Times
24 minutes ago
- Economic Times
Aviation hub-bub, now, bridge the gulf
India has embarked on a much overdue expansion of international air carriage capacity, and is justified in not expanding bilateral agreements with countries in West Asia. Aviation hubs in the region rely on international travel from India. They have benefited from the lack of long-range wide-bodied aircraft operated by Indian airlines. This situation is changing, with Air India and IndiGo placing orders for around 1,000 jetliners with Boeing and Airbus. But deliveries will be spread out, and adequate capacity on international routes will take time to build. It is to be expected that West Asian carriers will seek expanded bilateral agreements and that Indian airlines will oppose the demand. Allowing more inventory would work in favour of Gulf carriers that enjoy a significant fuel price advantage. The Gulf carriers argue, as some voices have in the ongoing IATA AGM in Delhi, that it may not be in the interest of Indian travellers if their capacities are stranded while Indian airlines build their fleets. They have a point in that supply constraints could affect market growth. The fare dynamics, however, do not call for government intervention. Indian airlines have soaked up most of the aircraft available on lease while they wait for deliveries. They need to match Gulf carriers on price, volume and service quality. Gaining market share on the West Asia route is vital to India's ambition of having its own aviation hub. It's pitting the rising number of Indian passengers - expected to drive international air travel growth in the coming decade - against West Asia's, which serves as an obvious transit point among Asia, Europe and Africa. Capacity addition across India's aviation value chain has been remarkably rapid in recent years. While most of it is directed at increasing domestic air travel, market dynamics also require a strong international presence as well. The country is correcting its chronic overdependence on foreign airlines to ferry Indian passengers and needn't heed the resultant heartburn.
