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Indian startup ecosystem is mature, set to bolster Indian economy: AWS' Kumara Raghavan

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Indian startup ecosystem is mature, set to bolster Indian economy: AWS' Kumara Raghavan

The Indian startup ecosystem has been praised for its strength and potential by Kumara Raghavan, Head of Startups at Amazon Web Services India. He highlighted factors such as labor addition, infrastructure growth, and efficiency improvements, along with regulatory tailwinds like Make in India and the Production Linked Incentive scheme, that contribute to India's potential to become the third largest economy in the world. Raghavan also emphasized the maturity of the Indian startup ecosystem, driven by experienced founders and a strong developer community. He mentioned the adoption of AWS' Generative Artificial Intelligence capabilities by various startups to enhance customer experiences and scalability.

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