Key Points
Indian entrepreneurs and investors must focus on startups and technologies that serve the most pressing needs of the world to ensure continued investments into India and prevent funding winters, Nivruti Rai, managing director of Invest India said..
And I do see a gap in the tech in areas where the world is investing a lot in - whether it is their startups or their R&D," Rai said at the Mint India Investment Summit 2024..
Similarly, today, India needs to leverage connectivity, battery technology and data storage for use cases that generate better economics and a better quality of life to attract capital in the long run, she explained..
Rai recalls that when she was given the charge at Invest India, the brief given to her was simple bring investment, improve trade, and drive research and development. ..
Sharing an anecdote on the government enabling ease of doing business, she said on a recent visit to the US, a company made a case to her that a certain policy was leading to a big opportunity loss for India..
