A naukri.com initiative
Inc42
6d
334
Image Credit: Inc42
Trump 2.0: What’s In Store For The Indian Startup Ecosystem?
- After Trump's landslide victory in US Presidential Elections, Indian Startup ecosystem is looking for relations with India's new administration.
- In the past four years, Indian Startup ecosystem and domestic business landscape have grown exponentially.
- Key factor behind this growth has been capital from US-based hedge funds, VCs and private equity players.
- US Federal Reserve adopting low interest rates fiscal policy in 2021 led to several major US investors backing Indian startups.
- Investors are optimistic about India seeing growth once again under Donald Trump's Presidency.
- According to a report by the Associated Press, Trump will be looking to extend his 2017 tax overhaul along with changing the corporate income tax rate to 15% from the current 21%.
- Indian markets are approaching a stage of maturity and the Indian public markets have largely been on a bull run in recent months.
- Trump's emphasis on a US-first philosophy for the economy and moving away from Chinese imports could spur the China+1 strategy that India has been receiving investments for manufacturing.
- Indian VCs expect more investments in manufacturing, electronics systems and chemicals industries.
- Trump's anti-renewable energy sentiment could benefit Indian Startups prioritizing innovation in critical areas such as manufacturing, industrial technology, and infrastructure.
Read Full Article
20 Likes
For uninterrupted reading, download the app