Indian Business
Who is Satish Kumar and what business did he build?
Satish Kumar is one of the most underrated entrepreneurs in India who built the successful dairy brand Milky Mist. Despite beginning with humble origins, he transformed a small family milk business into a major player in India's competitive dairy industry. Today, Milky Mist has achieved remarkable success, generating approximately 2000 crores worth of dairy products sold across India. Kumar's journey represents a compelling case of entrepreneurial vision and determination in a market dominated by established giants.
Watch clip answer (00:18m)Why are we seeing a rise of Indian-origin CEOs in the global business landscape?
According to Laxman Narasimhan, the rise of Indian-origin CEOs can be attributed to several factors. India builds resilience, flexibility, and adaptability in its people, essential qualities for CEOs who must find solutions even in imperfect situations. Indian leaders demonstrate a remarkable ability to bring people together and build strong teams around a vision. Indian-origin leaders like Satya Nadella and Sundar Pichai possess humble personalities yet attract large teams to their visions. The combination of these leadership qualities developed in India with the opportunities provided in Western markets creates successful global executives. This trend extends beyond tech, with pioneers like Indra Nooyi breaking barriers and serving as role models for the next generation of Indian business leaders.
Watch clip answer (02:46m)What has Startup India achieved in its 9 years since launching?
Since its 2016 launch, Startup India has transformed the nation into the world's third-largest startup ecosystem with over 1.59 lakh recognized startups and more than 100 unicorn cities, including Bengaluru, Hyderabad, and Delhi NCR. The initiative has created over 16.6 lakh jobs, shifting India from job seekers to job creators, with women entrepreneurs leading 73,000+ startups. The success is powered by government support through funding, tax benefits, and strategic policies in agriculture and biotechnology. Programs like Bhaskar and events such as Startup Mahakum continue to strengthen the ecosystem, establishing India as a global hub for innovation where startups in fintech, edtech, healthtech, and e-commerce solve local problems while gaining international recognition.
Watch clip answer (01:01m)What initiatives has the Indian government implemented to support MSMEs and startups?
The Indian government has improved loan access for MSMEs and startups by increasing loan guarantees from 5 to 10 crore rupees for MSMEs and from 10 to 20 crore rupees for startups. With these guarantees, the government backs these loans by covering bank losses if businesses can't repay, making banks more willing to lend to small businesses. This initiative unlocks an additional 1.5 trillion rupees in credit over the next five years, significantly benefiting the 4.5 crore MSMEs that contribute 29% to India's GDP and 50% of exports.
Watch clip answer (01:20m)How has the Indian startup ecosystem evolved over the past nine years under Startup India?
Over nine years, India's startup landscape has transformed dramatically - growing from just 500 startups to an impressive 159,000 registered startups today. The ecosystem now boasts over 110 unicorns across diverse sectors like Fintech, HealthTech, and EdTech that are challenging traditional norms and making India a global innovation hub. India has risen to become the world's third-largest startup ecosystem after the US and China, with major cities like Bangalore, Delhi, and Mumbai ranked among the top 20 global startup hubs. Government initiatives have provided crucial support through funding schemes, tax exemptions, and procurement opportunities, with startups securing over 1,800 crore rupees in government contracts.
Watch clip answer (09:53m)Who are Raghav and Divya, and what makes their entrepreneurial journey unique?
Raghav and Divya are co-founders of Rameshwaram Cafe who have uniquely positioned themselves in the Indian culinary industry. They are not only business partners but also life partners, which adds a special dimension to their entrepreneurial journey. Divya, a CA and IIM Ahmedabad graduate, brings strong academic credentials while maintaining deep religious convictions, even performing vows at a Durga temple to find a good life partner. Their partnership represents a blend of business acumen and personal connection that contributes to their success in elevating South Indian cuisine and advancing India's growth story as featured entrepreneurs on 'Stories from Bharat.'
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