Couple of days back, I chatted with Mr. Ashish Sinha, chief editor of pluGGd.in – a popular technology/startup related blog in India about the latest startup directory they were introducing.
I asked Ashish about the percentage of the products based startups of all the startups submitted – and he said its close to 80% ! Whoopie! 🙂
80% of new Indian startups are building products! I hope they are building products for the world – not for some western company. I hope they aren’t into ‘outsourced product development’ – because that’s essentially ‘services’ with a different label. 🙂
I guess years of ranting by software fellas (including yours truly) on why India can’t produce kick-ass products has paid off. We’re building products. Let’s become world’s #1 innovative country! Let’s make the world a better place to live.
Engineering students – you better stop preparing for GRE. The next big thing is here, right in your neighbourhood!
–The Big K–