India's Manufacturing Policy Failed To Meet The InnovationsTop Stories

September 13, 2021 08:35
India's Manufacturing Policy Failed To Meet The Innovations

(Image source from: auto.economictimes.indiatimes.com)

BillDesk, an online payment firm started operations in the country and the response has been tremendous. The value of the acquisition and the offers made the platform widely popular. BillDesk has three co-founders and they met a financial service firm recently. The online payments were in infancy when BillDesk was started. Two decades of sustained effort is the result of their success. They waited for the initial funding that came from the public sector financial entities. Later, they expanded their business through global capital. BillDesk will now make its entry into other countries after a large multinational firm is ready to take it over.

This will provide more capital for the growth of BillDesk. There are a lot of ways to pool up money and it is through work experience and the graph of success. The digital world in the future will provide the best routes to Indian entrepreneurs. The new technologies and profitable innovations are larger than software. Several coronavirus vaccines are made in India and this is an example that India is growing in the field of life sciences. Indians have excelled in most of the fields over these years and the nation is emerging as a superpower. Professional management and the ability to hire the best resources are key to any success.

India's policy approaches for manufacturing failed badly after which several establishing firms looked for foreign firms to expand their business. One should have global knowledge to tackle different types of people and to deal with various businesses. It's time for the Indian policymakers to figure out about how to benefit the youth and place them in the Indian firms instead of opening doors for foreign firms.

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