‘India has been ranked as the top innovation destination in Asia’ – 25 quotes from Indian startup journeys

From IT services to product innovation, witness the memorable journey of Indian entrepreneurship in these excerpts and stories! StoryBites is a weekly feature from YourStory, featuring notable quotable quotes in our articles of this past week (see the previous post here). Share these 25 gems and insights from the week of January 8-14 with your colleagues and networks, and check back to the original articles for more insights. This is our third edition of Storybites for 2017 – do make it a habit to read this column each week and YourStory each day!

India is known for its diversity and this diversity will be reflected in the field of its digital growth as well. - Saurabh Kumar, IRS

India has been ranked as the top innovation destination in Asia and second in the world for new innovation centres. - Priyank Kharge, Karnataka IT Minister

The diaspora has contributed USD 69 bn to Indian economy; it represents the best of Indian ethos, culture and values. - Prime Minister Narendra Modi

If the diaspora cannot be our investors, they can be our goodwill ambassadors across the world. - RV Deshpande, Karnataka Industries Minister

Skill shortage is a global challenge. - Rema Subramanian, Ankur Capital

The time is now to bring the intelligence of the smartphone and other connected hardware to the car. - Greg Moran, ZoomCar

We will be consuming AI in the future like we consume oxygen without knowing and paying much attention. - Arijit Mazumdar, Artifacia

Machine learning technologies have the potential to augment and extend the reach of data analytics. - Adrian McDermott, ZenDesk

Organisations will have no choice but to leverage big data analytics to its full capacity to make 2017 a success. - Suvro Banerjee, Fuzzy Logix

The prospects of e-commerce in India will continue to be a challenge from a profits point of view. - K. Vaitheeswaran

The Indian fintech software market is forecast to touch $2.4 billion by 2020 from the current $1.2 billion. - ASSOCHAM

India’s e-commerce startups spend as much as 30 per cent of their net income on logistics. - Technopak

The level of threats increases with every stage of digitisation and automation. - Amit Phadnis, Cisco

Technology alone is not enough — a secure ecosystem is very important. - Ashok Chandak, NXP Semiconductors

For any category to grow, discounting models are not the way forward. - Arjun Basu, DooKeys

Advertising is still where it was three years ago — still struggling with poor engagement. – Sanchit Khera

There is a lot of comfort in working with a friend who you have known for years. - Radeesh Shetty and Gaurav Rai, Purple Turtles

Don’t be discouraged by anyone, as long as you’re confident in yourself and just keep doing what you’re doing. - Manny Gutierrez

A lot of people feel deeply stuck in their lives. But the way out begins when you accept what you really want: reinvention. – James Altucher

In this country, if you don’t scream and yell then nobody gives a damn. - Arnab Goswami, The Republic

Miss Moti might look plump and ordinary, but on the inside, she could be extraordinary and a gem of a person. - Kripa Joshi

Sex has been over-hyped, but lovemaking is the purest and rawest form of spiritualism. - Bhairavi Sharma, ‘ Mind Cuffed’

When the powerful use their position to bully others, we all lose. – Meryl Streep

Democracy can buckle when we give in to fear. – Barack Obama

Educate and raise the masses, and thus alone a nation is possible. - Swami Vivekananda

YourStory has also published the pocketbook ‘Proverbs and Quotes for Entrepreneurs: A World of Inspiration for Startups’ as a creative and motivational guide for innovators (downloadable as apps here: Apple, Android).