“The booming gig segment has come a long way” – 20 quotes on Indian business trends

Launched in 2014, StoryBites is a weekly feature of YourStory, with notable quotes in our articles from last week (see previous edition here). Share these 25 gems and ideas for the week of July 18-24 with your colleagues and networks, and come back to the original articles for more information. See our special compilation of quotes related to India’s coronavirus responses here.

India already has products for the masses, but when it comes to high-end snacks, aside from the likes of Doritos and Cornitos, there is a real absence of a brand with multiple product offerings. – Chirag Gupta, popcorn 4700 BC.

Plant-based meats have a wide scope of acceptability in India, especially among the growing flexitarian population. – Sandeep Devgan, Shaka Harry

Typically, the festive quarter accounts for 25% of annual sales for all retailers, including online marketplaces. In India, the numbers can go up to 40%, due to the wedding season, in addition to the festivities. – Arvind Singhal, Technopak Advisors

Bengaluru has become India’s biggest innovation hotspot and is home to some of the region’s brightest tech talent. – Anand Purushothaman, AppViewX

Coimbatore is a preferred choice as the city is home to some of India’s leading educational institutions and has become a key talent hub for tech professionals. – Mahesh Zurale, Accenture

India’s $3.5 billion export GDP of creative products comes from a handful of production hubs like Panipat, Moradabad, Saharanpur, Jaipur and Tirupur. – Maneet Gohil, Lal10

When we go to a Tier II or Tier III city, we realize that people don’t have any alternative opportunities at all. – Ramya Venkataraman, CENTA

In India, agriculture employs about 80% of rural women, so empowering them with knowledge and skills can lead to a paradigm shift towards economic growth in rural areas. – Pearl Tiwari, Ambuja Cement Foundation

India has thousands of students seeking government jobs and the number of applicants is increasing year by year. But, the price of coaching centers can be high. – Nirmal Gehlot, course of Utkarsh

In India, unlike Western countries, families are an important part of our coming-out journeys. LGBTIA+ people cannot be fully themselves without some form of open and proud support. – Varun Abraham, Quciberry

India’s digitalization story revolves around durable solutions address problem statements that call for frugality, scale, and profitability. – Ajai Garg, MeitY

To protect Indian cyberspace, we need more security solutions or products in a timely manner as the trend of cyber attacks changes from day to day. – Ajay Kumar Sood, government. from India

The country’s young people yearn to own top-quality products smart watches of global brands, but budget remains a limiting factor. – Aayushi Kishore, Fire Boltt

So far, India influencer marketing The ecosystem has been skewed towards mega and celebrity influencers who partner with top brands for large-scale campaigns. – Sagar Pushp, ClanConnect.ai

More inclusive policy needs to be led by the government for startups and first generation entrepreneurs to flourish [ihe alco-beverage industry]. -Tage Rita, Naara Aaba

Innovation is essential to promote the country’s resilience and autonomy. The index indicates the decentralization of innovation in all Indian states. – Neeraj Sinha, NITI Aayog

This is the perfect time for me to invest and work closely with founders who are preparing the next billion dollar opportunity in India. – Shanti Mohan, Propell

We need to regulate the supply and consumption of electricity in Indian homes. It is not only about supply, but also about consumption. – Pranesh Chaudhary, Zunpulse

India’s energy industry is also slowly shifting to renewables and with it, companies will too. – Surya Jain, Aupulent

A new space policy covering various areas of space activities is being developed. – Jitendra Singh, Minister of State

Science-based businesses need to be globally competitive, they cannot compete in a regional market like other sectors just because the science-based market is very open and borderless. – Taslimarif Saiyed, C-CAMP

There are very few parts of the world that are as vibrant and dynamic as India is today. – Sandeep Barasia, Delhivery

The booming gig segment has come a long way and brought economic benefits of productivity and employment to the Indian economy. – Prashant Janadri, Taskmo

YourStory also published the pocketbook “Proverbs and quotes for entrepreneurs: a world of inspiration for startups” as a creative and motivational guide for innovators (downloadable as apps here: Apple, android).

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