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You’ve not researched carefully there are. Zoho is a market leader amongst saas startups.

Your opinion on TCS is flawed. TCS & Infosys are the reason for IT revolution in India. If these two companies didn't start IT services we wouldn't have got Flipkarts & Zomatos. To answer your question, India's lack of focus on R&D is the main reason. The root of it is half baked colleges of our country

Its because we dont have a leading mindset. We have a following mindset. We dont take initiatives setting a standard. We want others to start something, analyze the initiative with fear and then copy them. We are a people governed by fear. But the nation is starting to change and evolve

Per capita ratio bangladesh se kum aur khwab China se bade. Yahi kahani hai indians ki. 🇮🇳 Lehrao jhanda bolo jai hind and move on. 😂

I feel like after the independence the government at that time did not put emphasis on that mindset but hindered the books in order to put this slave mindset on how we were only conquered and colonized rather than the true ruler and growth mindset

We dont have enviroment,like USA.

Because we’re an underdeveloped country, we can’t unfortunately pay the highest salaries to retain those talent. I see it coming in the next 20 years.

Brain drain

Because Money.