How focusing on startups can spur development in Tier II and III cities

Quick Summary:

India has about 65% plus population under the age of thirty-five.

The demographic dividend which is expected to persist till the mid-2050s, will be an engine for economic growth if decent job opportunities are shaped up in all parts of India and not just the large cities.

If a venture capital ecosystem does not exist and startups have to move to other cities, the governments can step in and create that VC ecosystem by strategic investments.

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Article Details

Author / Journalist: Prasad Unnikrishnan

Category: StartupsEconomyBusiness

Markets: IndiaChinaNorwaySpain

Topics: Growth Firms Innovation Economic Ecosystem India City Large Development Local Startups

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-05 @ 01:50:00 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 1374 words

Reading Time: 8 minutes read

Sentences: 70 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 21923745

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 6 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 1 days ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

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