Courtesy of Rest of World, an article on Meesho, an app successfully taking on Amazon and Walmart with its focus on cheaper goods for small-town consumers: In 2022, Meesho was the most-downloaded shopping app in the world with over 500 million downloads. Its home page offers a variety of unbranded products including jeans, kurtas, shoes, and smart watches […]
Read more »Courtesy of The Financial Times, commentary warning that – without reform – India will be unable to capitalize on the country’s economic potential: Last year on the 75th anniversary of its independence from British rule, India’s prime minister, Narendra Modi, urged the nation to “dominate the world”. India’s rising role in the global economy is […]
Read more »Courtesy of The Financial Times, interesting commentary on India’s economy, through the lens of two of its most famous products – cricket and Bollywood: India’s economy has as much entrenched rust as it has entrepreneurial dynamism. And no two industries illustrate these contradictions more clearly than its most iconic entertainments, Bollywood and cricket. Facing the […]
Read more »What ‘s harder to get into than Harvard? Try IIT, the elite group of Indian engineering schools that accepts just 1.8% of applicants. (Harvard’s rate? 4%) Not only has IIT produced Silicon Valley leaders like Google’s Sundar Pichai and VC Vinod Khosla, more than *half* of India’s 100+ unicorns were founded by IIT alums. Courtesy […]
Read more »Courtesy of The Diplomat, a report that – while China and Russia are keen to expand BRICS into a coalition to counter the U.S. – Brazil and India are reluctant: The 15th summit of the BRICS group (composed of Brazil, Russia, India, China and South Africa), will take place in Johannesburg, South Africa, from August 22-24 […]
Read more »Courtesy of Nikkei Asia, a report on Apple’s plans to move at least 20% of iPhone production to India as it accelerates away from China: Kevin, a senior manager at an iPhone assembly plant in the Indian city of Chennai, gets up before sunrise at his dormitory. He clocks in for work before 6 a.m., […]
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