Startups Like India’s Money But Want More Government Action

Technology startups in India are getting a financial boost from the government, but entrepreneurs say that more could be done to support growth in the industry.

Sanchit Gogia, Chief Analyst & CEO at Greyhound Research, called the government’s planned tax cut “a win-win situation” for both multi-national companies and startups in India.

“This will be a growth driver for startups and will help promote entrepreneurship in the country and create more jobs,” he said. “From the MNCs’ point of view, this will add more opportunities for them to invest in India and create more demand for their services.”

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