Indian startups are Reverse Flipping.
Many startups incorporate in countries like Singapore, Mauritius, the US (primarily for SaaS), or the Cayman Islands for several reasons:
- Ease of doing business
- Tax incentives
- Better funding opportunities
Indian Government in a aggressive mood.
Hope the central and north indian states catch up with this instead of playing the regular religious caste politics.
SSKM Kolkata is set to become the 1st Government hospital in West Bengal to introduce robotic surgery. UK based Cambridge Medical Research has secured the tender to supply robots worth ₹6.5 cr. Hope more government hospitals follow suit.
Source :
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