‘The age of quick commerce has arrived in India’ – 25 quotes on the India business opportunity
From connectivity to commerce, witness the business trends in India through these quotes, excerpts and stories!
Launched in 2014, StoryBites is a weekly feature from YourStory, featuring notable quotable quotes in our articles of this past week (see the previous edition here). Share these 25 gems and insights from the week of March 21-27 with your colleagues and networks, and check back to the original articles for more insights. See also our special compilation of quotes related to India’s coronavirus responses here.
See also our pick of Top Quotes of 2021 on Entrepreneurship, Investment, Digital Transformation, Storytelling, The India Opportunity, Pandemic Resilience, Failure Recovery, Design, and Art.
The Indian student population base is growing consistently. The future of student housing is going to be driven by technology and building a strong community. - Ajay Gupta, Capital Foods
India’s booming edtech market, which saw multiple startups and increased funding during the pandemic, is expecting further boost on the back of growth in higher education and lifelong learning segments. - Abhishek Gupta, Redseer
Tablets are a big opportunity in India. If you look at just education, there are 25 crore students. - Ajai Chowdhry, HCL
The Engineering, Telecom, and Healthcare sectors are on the verge of an Industry 4.0 transformation. There is a shift from a central industrial control system to one where smart products and processes are at the heart of their operations. - Sunil C, TeamLease
When each and every Indian is vocal for local, it does not take long for the local to become global. - PM Modi
The finance teams in most large or mid-market companies across the world are not comfortable wiring money into an Indian bank account. - Dhruvil Sanghvi, LogiNext
The future healthcare workforce of India needs a futuristic training methodology and an alignment among visionary entities for rapid scaling up. - Sabarish Chandrasekaran, MedisimVR
The time is ripe for ready-to-drink cocktails to take the Indian market by storm, and we love the product and brand that Nitesh and the team are building. - Kushal Bhagia, FirstCheque
Street-foods carry a wider appeal compared to burgers, pizzas, or momos, but still there is no big brand or chain trying to uplift them in an organized segment. - Gaurav Gupta, MOPP Foods
India is among the top three seafood producing countries and yet the sector is largely unorganised. - Nilesh Kothari, Trifecta Capital
In spite of a dramatic surge in internet usage in India, a large numbers of artisans, craftsmen, local vendors, and retailers are still unaware of online business models or are finding it difficult to conduct business through digital media. - Prateek B Singh, ShoppingKart24
The development of infrastructure and support for folk artistes, however, has not been anywhere near on a scale that is required to reach wider domestic or international markets. - Sonya Mazumdar, EarthSync
The discourse has now changed from that of welfare or dole to making women really count as active participants in the nation's growth, and not just for their family. - Rashmi Singh, IAS
The burgeoning demand for skilled talent in the banking and finance industry (BFSI) today is clearer than ever, and we expect these numbers to grow further given the vast innovations in the space. - Sekhar Garisa, Monster.com
Quality of the founders is even getting better because they are coming back as second time founders. - Sarita Raichura, Blume Ventures
Refurbished two-wheelers with manufacturer-like warranty are the most value-for-money entry point into personal mobility. - Hemir Doshi, BeepKart
Battery swapping has emerged as the catalyst that will catapult EVs into the popular category. - Varun Goenka, Chargeup
Improving good transportation is very critical in a country where a lot of mechanisms and regulations are being put in place to reduce the number of accidents. - Venkat Nathan, Nesh LIVE
Supply Chain Visibility (SCV) is a critical yet underserved problem faced by Indian businesses and fleet owners. - Dinesh Agarwal, IndiaMART
There is immense potential for social impact in the waste management and sanitation sector in India, however, there are evident gaps in terms of financial support and personalized professional mentorship arising as roadblocks. - Mohammad Azhar, Villgro
There is a dire need for reducing usage of materials that take the longest to decompose, and cause enormous harm to the planet and its creatures. - Shivani Singh, Peepal Farm Products
We are essentially riding on this wave of exploding retail investor participation right now in India, which is mostly due to young millennials and Gen Z. - Smriti Tomar, Stack
In the era of doing business, a lot must be done to uplift the nation's real estate sector, which is a key driver for the economy. - Dhaval Ajmera, Ajmera Group
With all the progress that we have made, e-commerce is still under 10 percent in India. This implies that there is a whole ecosystem out there that is underserved. - Sujith Nair, Beckn Foundation
The age of quick commerce has arrived in India and we are witnessing that in the grocery and food category. - Anshul Goenka, QuickShift
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).
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