Indian Economy
Who are the top five richest entrepreneurs in India according to Forbes?
According to Forbes, India's top five richest entrepreneurs begin with Mukesh Ambani of Reliance Industries at number one with $116 billion, leading in oil, gas, and retail. Gautama Dani holds the second position with $84 billion in infrastructure and energy, while Shiv Nadar, founder of tech giant ACL, ranks third with $36.9 billion. Completing the list are Savitri Jindal and family at fourth place with $33.5 billion from their steel and infrastructure business, and Dilip Shangvi of Sun Pharma at fifth with $26.7 billion. These business leaders represent the pinnacle of entrepreneurial success in India's dynamic economy.
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Acb King TV
00:00 - 00:46
Why does India need more local investment in entrepreneurship?
According to Nithin Kamath, 90% of venture capital in India (approximately $70 billion over the past decade) comes from foreign sources, resulting in 90% of wealth creation happening outside India. For India to become inclusively rich, wealth must remain within the country. No nation in history has ever prospered when its wealth creation occurs elsewhere. This requires more Indians backing Indian entrepreneurs, which would ensure economic benefits stay local and drive inclusive growth across the country.
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INKtalks
10:40 - 11:37
What is the scale and focus of Blackstone's investments in India?
Blackstone has established itself as the largest private market investor in India, having invested over $15 billion in the country over 15 years, with a remarkable $6 billion invested just in the last year alone, indicating an accelerating pace. Technology has emerged as Blackstone's single largest area of investment in India, spanning both private equity investments in companies like Telenet, Task, and IBS Software, and real estate holdings. In the real estate sector, Blackstone has become India's largest commercial landlord, owning 120 million square feet of property including a majority of IT parks, with major technology companies like IBM and Cognizant as tenants.
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IIT Bombay Official Channel
06:08 - 07:13
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.
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Think School
01:42 - 02:00
What will it take to drive more sustainable funding to India?
According to John Doerr, India must invest in five critical areas to drive sustainable funding. First, financial incentives need to be enhanced. Second, government R&D investment must increase. Third, venture capital needs to play a more significant role in India's sustainability landscape. Fourth and largest is project finance to fund major initiatives. Fifth is philanthropic investing, which is particularly important for catalyzing change. Doerr's plan calls for increasing global government subsidies for sustainability from $120 billion to $600 billion, creating a foundation for meaningful climate action in India.
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Environmental Defense Fund
19:40 - 20:54
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.
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Think School
17:01 - 18:22