“While the Indian startup ecosystem witnessed moderate growth the past year amid investor selectivity, it also ranked third globally, with AI, fintech, and consumer tech driving resilient investments. The Government’s push towards homegrown tech and self-reliance is definitely a step in the right direction. However, rising input costs, particularly the increase in RAM prices and other critical hardware components, have added pressure on technology companies and product-led startups.
We are hopeful to see policies that prioritize and support local companies focused on building for India. Greater accessibility and collaboration with government bodies, especially institutions such as MeitY, would enable startups to innovate and scale with confidence. More importantly, it’s about taking decisive steps that encourage entrepreneurship and strengthen the innovation ecosystem driving India’s tech growth.”
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