Zoho's Sridhar Vembu emphasizes a crucial shift in mindset for Indian entrepreneurs, urging them to prioritize research and development (R&D) to foster the growth of substantial enterprises.
Drawing parallels with both Western and East Asian successes, he highlights the significance of investing in specialized metallurgy, essential for manufacturing items like nail clippers and dental instruments.
Vembu's insight underscores the need for India to elevate its focus beyond commodity steel and embrace the development of specialized alloys. This strategic shift, he suggests, is pivotal for Indian businesses to compete on a global scale and potentially build billion-dollar ventures.