Indian Defence Ecosystem in Nutshell:
No Money for R&D -> killing indigenous efforts -> 100x Delay -> Panic Buying -> expensive Import -> No money for R&D
Do you think if the world stops buring money on wars and instead spend it on R&D and Inventions, it would be better?
Like America's Military Budget is 44 Times of the NASA's Budget.
15 replies10 likes
Arcane
âââââ âąÂ 8m
Interesting changes are happening in India's defence sector.
Some things to note:
đčThe Nifty India Defence Index has skyrocketed by 179.3% over the past year!
đčFY 2023-24: Highest ever production at âč1.27 lakh crore
đčMassive growth: 16.7% year
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5 replies13 likes
Chamarti Sreekar
Passionate about Pos... âąÂ 1m
India has slashed import duties on fully built electric vehicles (EVs) to 15%, down from the previous 70-100%, in a bid to attract global manufacturers like Tesla.
To qualify for the reduced tariff, companies must commit at least $500 million in inv
Corporates take big risks and have money. Then why startups exist?
1. Corporates hate UNCERTAINTY: They take risk by building scenarios & models, so avoids whats uncertain
2. Less data: Before AirBnB they cudnt model market size of ppl renting beds
Decode This Rockefeller Quote to Join the Top 1%
âHe who works all day has no time to make money.â -Â John D Rockefeller
This quote holds the key to unlocking true wealth. Those who truly understand its meaning have the potential to rise above the
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4 replies2 likes
abhishek sahu
Hey I am on Medial âąÂ 5d
i have a startup idea and I have done all kinds of R &D, this startup will definitely grow. but I don't have any kind of knowledge about app development. what to do, also I don't have money to invest in app development. what to do, I am searching who
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0 replies2 likes
Vikas Acharya
Building WelBe| Entr... âąÂ 1m
Spacetech startup Sisir Radar raises $1.5 Mn in seed round
Spacetech startup Sisir Radar, which builds Synthetic Aperture Radar (SAR), has raised $1.5 million in its seed round led by Shastra VC. The round also saw participation by Riverwalk Holding
India is a tech powerhouse, so why donât we have our own Bose or Teenage Engineering?
Weâre great at making budget-friendly gadgets, but where are the premium, world-class brands?
The problem isnât talentâitâs how we think and invest.
Barely any
đ€Before Hating Venture Funded Startup Read thisđ
Most of them are actually creating a market,
Instead of entering some market.
So isn't that they are doing something that we don't need?
Noâ
Do people before iPhone era ever wonder they need it?
N
I am from Tripura, I want to start a Manufacturing Unit of Household cleaning products.
Reasons Why :
âą There is no Local Brand in the state yet.
âą Profit Margins of existing Brands are lower.
âą A local brand can provide a valu