TiE to host its largest global summit in Dubai
MANAMA, 5 hours, 0 minutes ago The Dubai chapter of The Indus Entrepreneurs (TiE) has announced that it will host the largest ever TiE Global Summit (TGS2021) for the first time in Dubai, UAE in December 2021. A total of over 2000 entrepreneurs, investors, world leaders, successful celebrities are expected to attend the summit, along with TiE chapters from the US, Europe, Africa, India, APAC. The proceedings of TGS2021 started with the ceremonial lighting of the Flame of Entrepreneurship in Silicon Valley, the birthplace of TiE, and will go on a worldwide journey through more than 40 TiE Chapters marking major milestones and initiatives across the globe.
Synopsis
There have been many factors that aided the growth of Chinese SMEs, including strong cultural advantages and a sharp focus. India too can replicate a similar model to accelerate MSME growth.
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In order to activate the growth cycle then for SMEs in India, it would be imperative to have more cities and towns where ecosystems exist to amp up the sector.
Each year there are about five million SMEs more in China representing a 10% year-over-year growth rate, projects database company Statista. Contributing over 60% to the GDP and accounting for 80% of jobs in China, the number of SMEs in the country is estimated to be over 38 million.
Synopsis
One of the mantras to build a flourishing business involves having a loyal investor.
Successful entrepreneurs are the new economy boosters. The important thing to remember is that behind most successful startups is an investor who believed in the idea and nurtured the venture throughout. In fact, many times it is the investors who help the startups to make a stellar debut in the market and give them the much-needed exposure.
Take Sanjeev Bikhchandani, for example, the founder of Info Edge has been credited with finding
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Billionaire Gautam Adani predicts sensex at 6,00,000 by 2050 PTI
New Delhi: Billionaire Gautam Adani has said India is at a dramatic inflexion point from where its economy will grow to ten times by 2050 with the nation having several trillion-dollar companies and cheapest power from renewable energy.
In his talk on ‘Incredible India and the opportunities ahead for India’ at the TiE Global Summit, Adani saw India’s GDP rising to USD 28 trillion by 2050 from the current USD 2.8 trillion, stock market valuation swelling to USD 30 trillion and a USD 10 trillion retail market. Plus the nation will be home to one in every three middle-class people in the world.