Abstract:
Co- founder and chairman Emeritus of Infosys once told about India’s
environment in the early 1980's as "extremely business-unfriendly". Slow
bureaucracy and long-winded procedures meant just getting the basic technology
required to run a company was a battle. He recalls waiting a year to get a
telephone connection and three years for a licence to import a computer. Still he
dared to start his company along with his six friends by taking a loan of Rs
10000/- from his wife.
Now come to year 2019, Kalyani Shinde, an engineering graduate and DISQ
fellow, registered her company Godaam Innovations using Udyog Aadhaar and
within the span of six months she was able to get investment of Rs 1.5 cr. from
different Impact Investors. This indicates India’s “extremely business-friendly”
environment.
Description:
Fourteenth Biennial Conference on Entrepreneurship/ Edited by Rajeev Sharma, Sunil Shukla, Amit Kumar Dwivedi & Ganapathi Batthini
