India as the 5th largest economy in the world.

India took over its once ruler UK as the 5th largest economy in the world. The last time the Indian GDP had been larger than Britain was in the early 1700s, before British rule in India had begun! 
 
But what does this news mean for start-up founders?

💡A signal to global investors.
Such news is definitely going to have a global impact and will draw more attention from the venture capitalists around the world towards India.

💡Increased credibility for Indian start-ups abroad.
The Indian brand becomes all the more credible as the economy climbs up the global rankings. Indian start-ups are posed to be taken more seriously than ever before.

💡Encouraging talent to build in India.
Rising GDP and a booming economy provides more opportunity and incentive for the sharpest minds to build their ventures in India.

Overtaking the UK was predicted back in 2018. Yet, there’s way more in line for India. 

The IMF predicts that India will become a $5 Trillion economy by 2026 and it will be interesting to analyse how the Indian start-up ecosystem would contribute to that milestone. 
 
India might have a million problems, but with a force of a billion minds, we can solve anything!

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