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SHIV DIXIT

CHAIRMAN - BITE INDU... • 4m

Of course not ! I’m talking about government support to break the monopoly of foreign apps. In 2020, when Modi ji banned 300+ Chinese apps, Indian developers got a massive boost in revenue, growth, and opportunities. Many entrepreneurs even built unicorns after this. However, China responded aggressively, recovering its losses through manufacturing dominance. In the end, while India disrupted the monopoly of some apps, it strained its relationship with China. Interestingly, only a few Indian entrepreneurs fully capitalized on that opportunity, as foreign entrepreneurs stepped in to fill most of the gaps same goes for manufacturing even if government now banned all the products from China then Indian entrepreneurs are not able to compete with price's and foreign companies will grab the opportunity again .

0 replies3 likes

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