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India Surprises • India is India Startup Report

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India Surprises • India is “Made in China” - India import an incredible amount of good from China, despite its ultra-low wage. Nearly all products sold are manufactured in China and later shipped to India. Why? Efficiency, infrastructure and short term vision by the manufacturers. Indians in general prefer to be “traders” than to be “makers”. • Unusually high interest rate - India‟s nominal interest rate is ~10%. Why risk it at a startup? - Real-estate, gold investments and traditional cash-flow businesses are much more appealing to most investors. • Few returnees - India has a lower returnee rate in comparison to China. This could be because the living condition is not yet good enough to attract the top talents back to India. 1.65M outJoin us: @WorldStartupRpt © 2013 All Rights Reserved

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