India’s Startup Revolution: From Outsourcing Hub to Global Innovation Leader

FICCI's 2023 publication features insights from MIF leadership on India's emergence as a global startup and innovation hub.

An overhead shot of a collaborative business meeting with four professionals sitting around a table, each with laptops and notebooks. They are engaged in discussion, writing notes, and brainstorming ideas

Over the past decade, India has witness a startup revolution. The landscape has dramatically evolved, shifting from an outsourcing hub to a global centre for innovation and entrepreneurship. While the 90s and early 2000s were dominated by service-oriented tech giants, recent years have witnessed a surge of successful startups across various sectors.

In FICCI’s annual publication for 2023, insights from Suranjana Ghosh, Head of Marico Innovation Foundation (MIF), and Amit Chandra, Honorary Chairperson of MIF’s Governing Council, are featured in the article titled ‘India as a Startup & Innovation Hub,’ offering a deep dive into India’s burgeoning startup ecosystem. The key takeaway: a focus on sustainability, technological innovation, and collaboration between public and private sectors is positioning India as a key component of the world’s growth engine.

Featured in @ficci_india 's annual publication, this article is a deep dive into insights shared by @SuranjanaG, Head, MIF & #AmitChandra, Hon. Chairperson, Governing Council, MIF about how India today is the world's growth engine. Click here to read: https://t.co/D1AQhfvVi8 pic.twitter.com/8NG7RRvo0g

— Marico Innovation Foundation (@MIF_India) January 10, 2024