From News Desk
On 16th of Jan the Startup Day is being observed. In current industrial scenario, startups have become extremely important, as more and more people choose to start their own ventures instead of going for a job. The evolving tech scene of the country is helping in this, generating more and more innovative concepts of startup ventures.
The challenge is to keep the startup growing in the initial phases, by increasing clientele and meeting the tech and financial challenges of the particular industrial segment. If a startup survives these initial challenges, it has a fair chance of growing in future and surviving for a long time. There are investors who like to invest in startups and to help in its growth and also gain from its growth. If a startup is fortunate to get such investors, it has a fair chance of success. The large number of startups that shut down are those which don’t get this initial support. There are certain government schemes that help in this matter. But startups of today have a long way to go.
Following are some industry leaders who have commented on this occasion –
“India’s startup ecosystem is pivoting from a phase of rapid experimentation to one of strategic scaling and sovereignty. As AI becomes the bedrock of innovation, mere access to Cloud is no longer enough – startups need high-performance, AI-ready infrastructure that is both indigenous and affordable.
To truly populaise AI, we must decentralise this power. Building robust, GPU-dense infrastructure in Tier 2 cities isn’t just about cost efficiency; it’s about enabling founders to build, train and deploy locally, while competing globally. The next unicorn shouldn’t be limited by the cost of compute or data latency.
The future belongs to those who control their compute. By prioritising sustainable, sovereign and scalable digital infrastructure today, we are laying the foundation for India not just to consume AI, but to lead it.”
–Narendra Sen, Founder & CEO, RackBank & NeevCloud
“National Startup Day is a reminder that India’s startup ecosystem has entered a phase of maturity where impact matters as much as innovation. As the manufacturing ecosystem matures, the focus is shifting from rapid disruption to building platforms that address structural challenges such as fragmented supply chains, limited digital visibility and trust deficits across the manufacturing value chain.
At ideazmeet, our objective has been to strengthen the digital backbone of manufacturing by enabling MSMEs to access global markets through transparent, technology-led collaboration. India’s manufacturers possess the capability and scale to support global demand, but unlocking this potential requires systems that improve discoverability, standardisation, and accountability.
With initiatives such as Make in India, Atmanirbhar Bharat and supply chain diversification gaining momentum, startups play a critical role in executing policy outcomes on the ground. Thoughtfully applied technology can improve sourcing efficiency, enhance compliance and strengthen supply chain resilience.
As India positions itself as a trusted global manufacturing destination, startups that align innovation with policy intent, empower MSMEs and prioritise sustainable growth will drive long-term industrial competitiveness.”–Kshitij Tiwari, Founder and CEO, ideazmeet
”Startup stories in India are most effective when they are based on actual, real-world customer issues. This National Startup Day honors the desire to create solutions that actually enhance millions of Indians’ daily lives.
We weren’t pursuing disruption for its own sake when we founded One800. We were addressing the straightforward but pervasive challenge of consumers not being able to fix their smartphones in a transparent and dependable manner. Even though India is one of the biggest smartphone markets in the world, professional after-sales support is still disjointed, unorganised, and inadequate. That gap offered a chance as well as a challenge.
Startups now have access to amazing technology, but how carefully they use it is what really sets them apart. Live repair streaming, a breakthrough introduction at One800, is used to rebuild customer trust rather than as a gimmick. When purposefully created, transparency may be a potent source of trust.
India’s startup ecosystem is at an inflection point where value creation must go hand in hand with sustainability. A strong ‘Repair, Don’t Replace’ mindset not only helps consumers extend device life and reduce e-waste, but also creates skilled jobs across the repair ecosystem, outcomes that matter as much as scale and valuation.”—Debidutt Acharya, Co-Founder and COO, One800
“On National Startup Day, ask yourself one question – what problem am I brave enough to solve for the next 10 years? India is entering a phase where capital is more selective, technology is more powerful and expectations are higher.
This is not the time for shallow ideas. This is the time for founders with depth who understand customers, economics and long-term value creation.
Great startups are not built by chasing valuations. They are built by earning trust, one decision at a time. To everyone building in India today, this is your moment.”
—Anand Mahurkar, CEO & Founder, Findability Sciences
These comments show that industrial leaders are optimistic about the success of startups, especially if their concepts are aligned with policies and if they succeed in availing of government schemes that are available to them. At the same time, they need to go in tandem with the evolving economy and tech trends that are shaping the present and the future o the industry.
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