<ul><li>In the latest ranking of global startup ecosystems by Startupblink, India has dropped 6 places to the 23rd spot.</li><li>Bengaluru dropped three places to have the 14th rank in the top cities with best startup ecosystems ranking, while the national capital Delhi climbed three spots to the 15th rank. </li><li>But India’s results were called disappointing as last year the country had seven cities in the top 100 list but this year only four cities made it top 100.</li></ul>India is home to the third largest startup ecosystem, but in a latest ranking of global startup ecosystems by Startupblink, India has dropped 6 places to the 23rd spot. StartupBlink is a global comprehensive startup ecosystem map and research centre. India’s Silicon Valley Bengaluru dropped three places to have the 14th rank in the top cities with best startup ecosystems ranking, while the national capital Delhi climbed three spots to the 15th rank. Meanwhile, Mumbai held the 22nd rank. Hyderabad lost 21 spots to be ranked 96th. But India’s results were called disappointing as last year the country had seven cities in the top 100 list but this year only four cities made it top 100. A total of 38 cities made it to the world’s top 1000 cities with startup ecosystems. “To improve its rankings, India has to focus on strengthening its top 3 cities and helping more of its 35 other ranked cities to grow faster. The potential is immense, and improving the business score with better regulation and infrastructure would be extremely helpful,” said the report. StartupBlink also called India’s much celebrated jump to the 17th spot in 2019 a “bit premature”. “Some immense infrastructure problems remain in the country, which gravely affects entrepreneurs and their <keyword id="6362513" type="UNKNOWN" weightage="20" keywordseo="startups">startups</keyword>. Internet speed is low compared to most other countries, and power outages are frequent,” said the report. However, the report also remained optimistic saying that India has the potential to regain its strength and position. India is home to over 50,000 startups with 31 unicorns. India also has about 9,300 tech startups alone, while 1,600 are deep tech startups. It also has 335 incubators and accelerators. According to the Nasscom-Zinnov report Indian Tech Start-up Ecosystem, India will see 100 unicorns by 2025 and will create over 1.1 million direct jobs. See Also: <a href="https://www.businessinsider.in/finance/news/india-may-have-to-sell-bpcl-shares-for-less-than-the-best-price-as-the-government-needs-money/articleshow/76057134.cms">India may have to sell BPCL shares for less than the best price⁠ as the government needs money</a> <a href="https://www.businessinsider.in/careers/news/at-least-7-leading-multinationals-are-hiring-data-scientists-during-the-lockdown-in-india/articleshow/76037075.cms">At least 7 leading multinationals are hiring data scientists during the lockdown in India</a>

India drops six places in the ranking for world’s best startup ecosystems⁠— power outages and slow internet speeds get some of the blame

<ul><li>Women in the workforce have been disproportionately affected by the Covid-19 pandemic.</li><li>Amalia Avramov, Group President, <keyword id="215381" type="COMPANY" weightage="20" keywordseo="Amdocs">Amdocs</keyword> writes about a few simple things that can help bring women back to the workforce and also make sure they feel supported.</li></ul>The COVID-19 pandemic has taken its toll on people, organizations, and regions in different ways. But when it comes to the workforce, women have been disproportionately affected. According to a study by McKinsey, women’s jobs have been 180% more vulnerable than men’s due to the weight of unpaid care. According to the report, nearly 2 million women worldwide have taken a leave of absence or left their jobs altogether to effectively balance their at-home responsibilities. This is clearly a problem. In our industry, women already make up too small percentage of the workforce, especially in leadership positions. For India specifically, Zinnov-Intel claims that only 11% of senior leadership roles are comprised of women. This already low representation, combined with COVID-19, put the future workforce at risk. The tech industry must adjust and better champion women whose lifecycles have changed due to these unprecedented times. In 2021, companies will look at how women’s lifestyles have changed due to the pandemic and act accordingly. For example, while COVID-19 may have helped close the gender gap in some ways, it’s causing new stresses in others. On both a large and small scale across so many of our day-to-day tasks, we’ll continue to feel these side effects, and we need to be prepared to handle this future accordingly. Let’s look at how companies and women in tech, like myself, can empower women employees to combat the lasting implications of COVID-19. <cmsannotation type="cmsannotation" annotationid="Being a champion of trust and empathy" text="Being a champion of trust and empathy">Being a champion of trust and empathy</cmsannotation> The past few decades have demonstrated the strength and determination with which women have to break the glass ceiling, while simultaneously performing the lion’s share of childcare responsibilities. However, now is not the time for anyone to try to make it on their own. As managers and executive leaders, we need to show other women they can do it and lift others up based on their own experiences. We need to encourage women and enable empathy not just for themselves, but for each other, so they can progress in both their careers and lives, despite all they’re dealing with on nearly every front. Of course, the conversation about returning to the office is also on everyone’s minds, causing anxiety for many. It's up to executive teams to share long-term plans covering both the emotional and physical aspects of the new normal. Given all the uncertainties, employees aren't expecting their leaders to have all the answers. Still, they expect transparency and a concerted effort to establish a plan that reflects an understanding of the challenges they’re facing. Beyond this, it’s time to pause and rethink our daily interactions with our teams. Acknowledge that people are doing their best, respect boundaries and remember that global organizations are all experiencing varying degrees of lockdown. Flexibility, sensitivity and empathy are critical. <cmsannotation type="cmsannotation" annotationid="Build a healthy flexible ecosystem for employees – both in the office and at home" text="Build a healthy flexible ecosystem for employees – both in the office and at home">Build a healthy flexible ecosystem for employees – both in the office and at home</cmsannotation> One positive point that a remote work experience has brought us all is the same size square on video collaboration tools like Zoom. Now that we are in a mostly virtual environment with what feels like significantly reduced hierarchy in many organizations, we must embrace this new ecosystem and ensure its impact is here to stay. As <keyword id="15935" type="PERSON" weightage="20" keywordseo="Tech-companies">tech companies</keyword> struggle with attracting, retaining and progressing women, we must provide a culture of inclusion and innovation, including the realization and flexibility in our way of working, realizing that there are more responsibilities beyond work. Additionally, we need to ensure those who were forced to leave their roles receive the training and support they need after they return to the workforce. There are many ways to offer a supportive culture, and these changes will not happen overnight. We’ve now had time to prepare for future disruptions, but it's most important to take what we have learned over the past few months and communicate our progress and plans to employees. <cmsannotation type="cmsannotation" annotationid="The importance of digital inclusion" text="The importance of digital inclusion">The importance of digital inclusion</cmsannotation> Remote work has shown us that roles, responsibilities, and requirements for jobs aren’t as uncompromising as we may have thought, leading to a more balanced ecosystem across the board. We need to evolve — flexible working is a must for all genders, as is ongoing training to keep confidence levels high at this disruptive time. As a woman in this industry, I’m confident that the industry will come out stronger from COVID-19’s impact. I believe the workplace's future will put a heightened focus on making women feel comfortable and heard. Regardless of the role you play in this shift, make sure to be positive and an ally to those around you.

How tech companies can combat the implications of COVID-19 on the women workforce

<ul><li>The Indian economy is going through troubled times, which has also impacted hiring. </li><li>However, technology hirings are still pacing up to facilitate the digital transformation. </li><li>Here are a few opportunities in the technical domain.</li></ul>The Indian economy is going through troubled times, which has impacted hiring in a big way. Most of the companies have implemented salary cuts or deferred the appraisal process. However, technology hiring is still inching up to facilitate digital transformation. As per a report by the technology consulting firm Zinnov, 45% of the aggregated GICs (Global In-house Centers) in India halted recruitment for the time being. However, not every company has frozen hiring, and a few such vacancies are listed here. Every week, Business Insider collates interesting vacancies across marquee organisations. This week we bring job openings in the technical domain. Here are a few opportunities: <keyword id="6370971" type="ORGANIZATION" weightage="20" keywordseo="accenture">Accenture</keyword> Position: Tech Solution Architecture Location: Gurgaon Experience: Not Specified Eligibility: Bachelor of Engineering Computer Science, Electronics or Information Technology, MTech in Computer Science or MCA Technology major Accenture is hiring a Tech <keyword id="5588887" type="POSITION" weightage="20" keywordseo="solution-architect">Solution Architect</keyword> for its technology products. The selected hire will be responsible for managing cross functional teams that design, develop, enhance and maintain assets. He should have in-depth knowledge of software engineering to deliver products and softwares to clients. To apply for the job, the candidate must be skilled in python programming, tech solution architecture, and Amazon Web Services (AWS) along with good communication skills. Interested candidates can apply <a href="https://www.linkedin.com/jobs/view/1768408648/">here</a>. Cisco Position: Solutions Architect ACI Location: Gurgaon Experience: Minimum 15 years Eligibility: Experience in technical services delivery areas Cisco is hiring a solutions architect who will be responsible for creating and executing IT transformation. From engaging with customers to strategy and pre-sales processes, the role requires management skills, deep technology leadership, collaboration and customer success. The selected candidate will be able to interact at all levels of the customer organizations from chief executives to the operations staff. The candidate must have working experience in software development with Java, python, C or C++ along with understanding of data interchange requirements and methods such as SYSLOG, SNMP, XML, JSON, REST and SOAP. Interested candidates can apply <a href="https://www.linkedin.com/jobs/view/1827371555/">here</a>. Amazon Position: AWS Solutions Architect Location: Gurgaon Experience: Minimum 10 years Eligibility: Experience in software development, agile methodologies and DevOps Technology platform Amazon Web Services (AWS) is hiring solutions architects for its web services. The candidate will work on technical engagement by defining implementation architectures, responding to RFPs, AWS technologies. He should be a subject matter expert on security services related to customer application. The selected candidate will be required to work on presentations, product demos, sample solutions to increase adoption of Amazon Web Services in Indian organisations. Interested candidates can apply <a href="https://www.linkedin.com/jobs/view/1829504566/">here</a>. Genpact Position: IT Technical Solution Architecture Location: Gurgaon Experience: Not specified Eligibility: Not Specified Genpact is inviting applications for a Technical Architect for IT infrastructure solutioning. The candidate will be required to provide end to end IT solutions in business transitions, new sites, infrastructure and data projects. He will have to work across teams to deliver results through the life cycle of the project (Design, implementation, handover). To apply for the job, the candidate must have an understanding of AWS or Azure Cloud platforms, hybrid cloud and security technologies like Okta, Qradar, Zscaler. Interested candidates can apply <a href="https://www.linkedin.com/jobs/view/1800925228/">here</a>. Freecharge Position: Technical Architect Location: Gurgaon Experience: Minimum 10 years Eligibility: Bachelor’s degree Freecharge, a subsidiary of Axis Bank is looking for a Technical Architect who will work on architectures and designs for new solutions at FreeCharge. The selected candidate will perform code reviews and design reviews. He will work on product development cycles — from inception to production and supporting new requirements, re-architectures. To apply for the job, the candidate must have problem solving skills, JAVA web development experience, system design skills and familiarity with NoSQL databases. Interested candidates can apply <a href="https://www.linkedin.com/jobs/view/1804397928/">here</a>.

Cisco, Accenture, Genpact and others hiring for technology profiles

Internet-of-things (<keyword id="1967280" type="ORGANIZATION" weightage="100" keywordseo="IoT">IoT</keyword>) plays a huge role when it comes to Indian IT firms’ share in market arising from related services; however, the darker side of IoT is that Indians are set to lose about 69,000 jobs by 2021 because of this, says a report by consulting firm Zinnov. 
 
While one can be worried about automation in IT eating up several jobs, the danger that IoT poses is much higher in comparison. The majority of workforce impacted by IoT would be from the unskilled and blue-collar workers. 
 
"Internet-of-things technology will impact 120,000 jobs in the country by 2021. 94,000 jobs will be eliminated, and 25,000 jobs will be created in the five-year period," Hardik Tiwari, engagement lead at Zinnov, told <a href="http://economictimes.indiatimes.com/small-biz/security-tech/technology/forget-automation-this-new-technology-will-make-close-to-70000-jobless-in-india-by-2021/articleshow/53765860.cms">ET</a>. 
 
IoT refers to the addition of sensors and chips to machinery which allows them to the monitored and controlled over the internet. This technology will soon be taking over the jobs of people working in office administration, support staff and maintenance, giving way to IoT product managers, robot co-ordinators, industrial programmers and network engineers. 
 
It was in July that research firm HfS had predicted India's IT services industry losing 6.4 lakh "low-skilled" jobs in next five years because of automation. 
 
However, despite these job losses, Indian firms will only gain from IoT, seeing a rise in the share held in IoT services market. 
 
"There is a lot of demand from service providers for niche internet-for-things players with intellectual property and platforms. This will help increase the industry's market share," Tiwari said. 
 
<a href="http://blog.beautheme.com/wp-content/uploads/2015/12/IoT-Graphic.png">Image source</a>

IoT is going to snatch your job by 2021

According to a recent research - <a href="https://delhi.tie.org/news-and-blog/report/">‘Turbocharging Delhi-NCR Start-up Ecosystem’</a> revealed by TiE Delhi-NCR &amp; Zinnov, Delhi-NCR is currently home to over 7000 startups. NCR is also home to 10 unicorns, with at least 1 new unicorn emerging each year since 2013. These factors, along with the cumulative private market valuation of start-ups currently worth USD 50billion, make Delhi-NCR the largest start-up ecosystem in the country. And giving these startups an opportunity to further grow and scale up their business, TiE Delhi-NCR and <keyword id="71561" type="CITY" weightage="20" keywordseo="Lufthansa">Lufthansa</keyword> are organising the fourth edition of the Start-Up Expo. Here are 5 reasons why you must attend this year’s Start-Up Expo: It’s a <keyword id="6357455" type="UNKNOWN" weightage="20" keywordseo="Funding">funding</keyword> festival! Looking for funding for your start-up? Bag your spot at Start-up Expo 4. Over 100 venture capitalists, angel investors, accelerators and more from all over India will be there looking for promising start-ups. That’s not all! Get the expert view on fund raising at TiE Institute Sessions covering Bootstrapping your Startup Vs Raising Funds, When to Raise Funds &amp; Who to Raise it from as well as Alternate Financing Options for your Venture. Unparalleled mentorship by India’s top business minds This is where you can get that strategic advice you’ve been missing. Start-up Expo offers an unparalleled opportunity to take advantage of the expertise and experience of over 500 mentors. Having built successful ventures themselves, these business experts are now looking to give back by adding value to your venture. Schedule individual mentorship sessions or soak in the knowledge at the group sessions to give your start-up the competitive edge for success. Strong visibility to showcase the value of your venture Since its inception, the Start-Up Expo has been a high-visibility platform that witnesses the convergence of multiple stakeholders from the start-up ecosystem. If you are looking to scale up, it is essential to establish your presence in the hyper-competitive business universe by garnering visibility. This makes the Start-Up Expo the perfect place for you. Here, you can initiate meaningful interactions with successful entrepreneurs, marquee investors, and government stakeholders to realize your potential. Access to high-quality networking and business opportunities The importance of a high-calibre networking opportunity for a start-up cannot be stressed enough. Start-Up Expo 4 is the perfect place to meet and interact with your peers, as well as established business owners and industry veterans. While sharing ideas and insights with the attendees, you might just meet your next customer, co-founder, mentor or investor. Witness the Grand Finale of Elevator Pitch The best of India’s start-ups will be competing live at the Grand Finale of Elevator Pitch. The top three contestants, who have successfully outdone hundreds of participants through multiple stages of the contest, will now pitch live before an eminent jury at the Expo. At stake is an enviable Grand Prize, which includes access to a dedicated mentor for 6 months; a sponsorship to global entrepreneurship programme at Cambridge Ignite; unparalleled access to the Indian Angel Network (IAN) office for an entire week offering a direct connect with angel investors; a Lufthansa Business Class ticket to Europe; as well as a complimentary annual membership to TiE Delhi-NCR. This opportunity to interact and possibly collaborate with India’s leading investors and successful entrepreneurs is available to all aspiring start-ups at absolutely no fee. A wealth of knowledge and a world of opportunities await you at Start-Up Expo 4. Click here to <a href="http://www.lufthansastartupexpo.in/">Register now</a>! Note: Business Insider India is the media partner for the event

Startups in Delhi, head to this expo to gain access to funding and mentorship under one roof

<ul><li>LinkedIn reveals India’s Top 15 Emerging Jobs for 2020; ‘Blockchain Developer’ and ‘AI Specialist’ top the list, Digital Marketing Specialist appears on number 13. </li><li>Bengaluru continues to be the Silicon Valley of India; Hyderabad trails close. </li></ul>LinkedIn has crunched its data set to establish the fastest growing jobs in the Indian talent market. The platform has today unveiled the Top 15 Emerging Jobs in India for 2020 and Blockchain Developer’ and ‘AI Specialist’ top the list, Digital Marketing Specialist appears on number 13. According to a McKinsey Report, India is the second fastest digitizing economy in the world. These technological shifts across sectors are sparking the need for new capability building and giving rise to new job roles. The LinkedIn Emerging Jobs 2020 Report for India highlights 15 roles that are high in demand across industries and the skills needed to procure these jobs. The billions of interactions of LinkedIn’s 62 million members in India have created powerful insights that organizations can use as they plan the future of their workforce. LinkedIn has crunched this data to establish the fastest growing (highest growth frequency over a 5-year period between 2015 and 2019) jobs in the Indian talent market. This year, Blockchain Developer, Artificial Intelligence Specialist, and JavaScript Developer take the Top 3 spots on the Emerging Jobs list for India in 2020. While tech jobs lead the list, non-tech jobs such as Customer Success Specialist, Digital Marketing Specialist and Lead Generation Specialist have also seen significant rise on this year’s list. As demand for tech skills grows, soft skills like team management and customer retention continue to be in demand, which signify the importance of a human touch, despite the rapid digitization of our economy. Here are the Top 15 Emerging Jobs in India in 2020: Blockchain Developer Artificial Intelligence Specialist JavaScript Developer Robotic Process Automation Consultant Back-end Developer Growth Manager Site Reliability Engineer Customer Success Specialist Full Stack Engineer Robotics Engineer (Software) Cybersecurity Specialist Python Developer Digital Marketing Specialist Front-end Engineer Lead Generation Specialist Speaking on the launch of this year’s Emerging Jobs list for India, Ruchee Anand, Head of Talent Solutions and Learning Solutions - India, LinkedIn commented, “This year’s Emerging Jobs report is a window into the changing landscape of the Indian economy. The country is seeing a rise in digital transactions, and therefore industries are ramping up investments in Blockchain. This strong demand for Blockchain tech talent has put ‘Blockchain Developer’ on top of the list. As automation becomes a reality across industries, the ‘AI Specialist’ is the second emerging job on this year’s list. While tech jobs rule the list, it is also interesting to see soft skills such as account management and customer retention become critical, which underscores the importance of human intervention at every level of digitization.” ‘Blockchain Developer’ hits the home run Globally, India is now 6th on the list when it comes to Blockchain patents, as per HardFork. Nearly 50% of Indian states are expressing enthusiasm towards Blockchain adoption as per the NASSCOM Avasant India Blockchain Report 2019; this is encouraging numerous industries to ramp up their investments in Blockchain projects. These projects are also driving a huge demand for Blockchain professionals in India’s public sector-a huge consumer of this technology as enterprises in BFSI and Healthcare also gear up. Bengaluru continues to be the Silicon Valley of India; Hyderabad trails close Tech hub and Silicon Valley of India, Bengaluru is the top talent hub for the creation of these jobs, and as per a report by NASSCOM-Zinnov, Bengaluru is the third largest startup hub in the world. Bengaluru is followed by Hyderabad and Mumbai; Hyderabad’s growing prominence as the next IT hot-spot has made it the second top city in India as a rising hub for tech jobs. ITES industry sees highest demand for these roles The report highlights 19 key industries that are hiring for these emerging jobs, of which Information Technology &amp; Services, Computer Software, and Internet are the top 3 industries, driving the highest demand for these roles in the Indian market. Methodology of the report: The Emerging Jobs analysis is done on all LinkedIn members with a public profile that have held a full-time position within India during the past five years. Once the talent pool has been identified, the share of hiring and Compound Annual Growth Rate of this proportion for each occupation between 2015 and 2019 is calculated, identifying roles with the largest growth. These roles become the Emerging Jobs.

Artificial Intelligence Specialist and Digital Marketing Specialist emerge as one of the high-demanding jobs: LinkedIn Report

India is the third-largest cluster after the US and UK with around 200 AI start-ups according to a 2016 Zinnov Consulting study. In the midst of comments on lack of innovation in the Indian startup ecosystem, some entrepreneurs are finding new paths to utilize previously untapped data, and artificial intelligence -based <keyword id="6362513" type="ORGANIZATION" weightage="20" keywordseo="Startups">startups</keyword> are gaining traction. 

 

 

 <div type="embedgroup"> <div type="Article" hostid="261" msid="59287646" title="Exclusive: Avnish Bajaj, Founder &amp;amp; MD, Matrix Partners India thinks that investing is entrepreneurship on steroids" rank="1.0" kind="RELATED" publishDate="Jun 23, 2017, 7:00 PM" mstype="2" mssubtype="0"></div></div> <keyword id="34" type="PERSON" weightage="20" keywordseo="Manish">Manish</keyword> <keyword id="16058" type="PERSON" weightage="20" keywordseo="singhal">Singhal</keyword>, Founding Partner, Pi Ventures spoke to Business Insider to discuss the scope of the sector, “The need to start an AI-focused fund was felt when I realized that this sector is untapped. The India ecosystem is still very premature with every product start-up still struggling to raise money due to the high-risk nature of these disruptive technology businesses.” Product is king Singhal started investing early into his career as an angel investor for product start-ups and has 13 investments in his own capacity but his tryst with entrepreneurship started in 2013 with LetsVenture which is a platform for entrepreneurs to reach out for resources, whether it came in the form of advice or monetary support.

 

 

 <div type="embedgroup"> <div type="Article" hostid="261" msid="59181977" title="Exclusive: Rajesh Sawhney banks on the people who make up companies with the right product market fit" rank="1.0" kind="RELATED" publishDate="Jun 16, 2017, 8:56 PM" mstype="2" mssubtype="0"></div></div>






 An IIT-Kanpur graduate, Singhal has always been a product-obsessed person working with companies like <keyword id="8555" type="CITY" weightage="20" keywordseo="Tata">Tata</keyword> and <keyword id="11148" type="CITY" weightage="20" keywordseo="Motorola">Motorola</keyword> in India and Slingbox in the U.S. to build innovative technology solutions. Manish also has two video technology patents to his name and becoming an entrepreneur and investor was a natural transition for him. 

 

 

 

 <div type="embedgroup"> <div type="Article" hostid="261" msid="59333689" title="Exclusive: Avnish Bajaj, Founder &amp;amp; MD, Matrix Partners India says that for him, only entrepreneurs matter in a start-up" rank="1.0" kind="RELATED" publishDate="Jun 27, 2017, 2:00 PM" mstype="2" mssubtype="0"></div></div>








 Technology focused “Data is becoming an integral part of whatever we do. Products of the future would be the ones that apply this data well for predictions. Artificial Intelligence and Deep Learning are the best methods to get the insights from the data. We believe that this will be the fundamental technology that will be at the core of everything we do and it will also cause disruption,” says Singhal who believes in the applied side of AI; where you’re solving a real business problem and AI is making a significant difference to what is out there.

Exclusive: Manish Singhal, Founding Partner, pi Ventures’ love for building products transitioned into his investment in start-ups

<keyword id="6360789" type="ORGANIZATION" weightage="80" keywordseo="Modi-Government">Modi government</keyword>'s investment in technology for the year 2014-15 is an estimated $26 billion comprising of investment in digitization, infrastructural improvements, push for manufacturing and technology in healthcare &amp; agriculture, says a report by market research firm Zinnov. 
 The report, which assesses first 100 days of the <keyword id="6360789" type="ORGANIZATION" weightage="80" keywordseo="Modi-Government">Modi government</keyword> and highlights the impacts it has had so far. The new government plans to take digitalization to the next level by implementing the digitalization of agriculture &amp; PDS data, enabling e-governance &amp; m-governance, facilitating the <keyword id="2412665" type="UNKNOWN" weightage="80" keywordseo="National-Rural-Internet-and-Technology-Mission">National Rural Internet and Technology Mission</keyword>, using IT for real time information gathering, and the digitization of all government files, the report states. 
 In the past, the government has engaged multiple MNCs such as <keyword id="10875" type="CITY" weightage="100" keywordseo="IBM">IBM</keyword>, HP and <keyword id="6390344" type="CITY" weightage="80" keywordseo="Cisco">Cisco</keyword> for digitization projects. Digital India, India as the Innovation Hub, Next Gen Infrastructure, Enhance Ease of Doing Business, and Revive Manufacturing - will be executed by a focus on 3S – skill, scale and speed propelled by technology, Zinnov said. 
 
Talent Availability (85,000 Graduates from Top tier Engineering institutes, 1.2 million engineers graduated in 2014) Entrepreneurial Indian mindset (4000+ active technology startups 150 Startup incubators 49 Million SMEs/SMBs operating in India), Strong Democratic Fiber (Well defined electoral processes) and Communication Infrastructure (200 million internet users, 2nd largest number of telecom users) are considered India’s 4 Growth Pillars. 
 
“The stage is all set to create long term sustainable growth and reposition India on the global map with strategies like minimum government, maximum governance; empowering the poor; digital India and relationship building with Asian nations.” said Praveen Bhadada, Senior Director, Zinnov. 
 
Modi’s governance model has a proven track record of being decisive, reform-oriented and business-friendly. The unprecedented mandate and the positive track record have instilled hope for an economic turnaround in citizens and investors, the report said. 
 
Government has defined a 3-pronged strategy to make India an innovation hub. Firstly through enabling skills by the establishment of more premier institutes such as IITs and IIMs and the development of innovation accelerators supported by innovation infrastructure. An innovative ecosystem fosters high quality research. Secondly, giving proximity to customers will accelerate and improve India centric product development. And finally, innovative ecosystem will also allow joint R&amp;D efforts across industries for accentuated product development. MNCs have been leveraging the Indian innovation ecosystem to develop products for the Indian customers. 
 So far, Technology MNCs have played a crucial role in the establishment of next generation infrastructure. The <keyword id="44734" type="ORGANIZATION" weightage="100" keywordseo="Indian-Government">Indian government</keyword> plans to <keyword id="47916" type="UNKNOWN" weightage="80" keywordseo="invest">invest</keyword> $11 billion in the key focus areas to drive the next wave of technology-backed infrastructure growth. The key focus is to create national optical-fibre networks and to build 100 smart cities with high-speed digital highways along with national solar missions and national gas grids.

Government To Create $26 Billion Worth Of Opportunity For Technology Firms

US President-elect <keyword id="6354484" type="PERSON" weightage="100" keywordseo="Donald-Trump">Donald Trump</keyword>, in his 15-point poll agenda, had vowed to give back jobs to Americans. If Trump fulfils his promises, it is going to hit the Indian outsourcing industry. 
 
The Indian outsourcing industry is reliant on North America as the region brings up to 60% of the $82bn software export revenue for the industry. 
 
Zinnov, a consulting firm, stated there will be increased pressure from the US and this will push Indian outsourcing to look for markets elsewhere. 
 
“More serious attempts must be undertaken to enter the next orbit of service delivery, focusing aggressively on value addition through digital transformation, setting up delivery centers in low cost talent pockets in the US, acquiring US based technology services &amp; consulting companies and partnering with startup ecosystem to stay relevant in the US technology business,” it stated. 
 
Meanwhile, this could also spell troubles for the US as curbing the number of visas would cause troubles to the US companies due to the lack of US born employees with adequate skills in STEM. 
 
There is a shortfall of skilled labour within the US- demand-supply gap of 3.5 million Science, Technology, Engineering and Mathematics (STEM) graduates in the US. The number of immigrant STEM graduates was up from 16% or 3.4 million in 2013 to 18% or 5.2 million in 2015. 
 
“It will be imperative though, for IT services providers to focus a lot more aggressively on value addition by moving up the value chain to stay relevant in the US market. Large outsourcers will continue to derive a significant share of revenue from the US market and will attribute the growth to a combination of offshore delivery efficiencies through automation and job creation in the US itself,” it stated.

Here’s how Donald Trump's presidential win will affect Indian outsourcing sector

<a href="http://www.businessinsider.in/searchresult.cms?query=Small+and+medium-sized+businesses+" target="_BLANK￿￿￿￿">Small and medium-sized businesses</a> (SMBs) in India can now promote their work on a self-service advertising platform, launched by <keyword id="6354616" type="CITY" weightage="80" keywordseo="Twitter">Twitter</keyword> on Thursday. 
 
The micro-blogging site has expanded the platform reach of <a href="http://www.businessinsider.in/searchresult.cms?query=Twitter+" target="_BLANK￿￿￿￿">Twitter</a> Ads globally from 33 countries to over 200 countries, according to a statement. 
 It said that SMBs from India to <keyword id="55091" type="COUNTRY" weightage="60" keywordseo="Iceland">Iceland</keyword> could more effectively reach their target audiences on Twitter in 15 languages. In addition, the micro-blogging site also announced the total active advertisers, including SMBs to be approximately 100,000. 
 SMBs face the most challenges and are least resourced to promote the good work they do, said <keyword id="3035187" type="UNKNOWN" weightage="60" keywordseo="Emily-Huo">Emily Huo</keyword>, SMB lead for <a href="http://www.businessinsider.in/searchresult.cms?query=Asia+Pacific" target="_BLANK￿￿￿￿">Asia Pacific</a> at Twitter. 
 
"With the expansion of the Twitter self-service ads platform, we are excited to help SMBs level the playing field with <a href="http://www.businessinsider.in/searchresult.cms?query=digital+advertising+" target="_BLANK￿￿￿￿">digital advertising</a> to increase their sales," Huo said in the statement. 
 There are 51 million SMBs in India, according to research firm Zinnov. Start-ups registered in India are projected to go up a whopping 11,500 by 2020, independent consultancy <keyword id="50041" type="CITY" weightage="80" keywordseo="KPMG">KPMG</keyword> reports. 
 Anyone with a <keyword id="6359222" type="UNKNOWN" weightage="80" keywordseo="small-business">small business</keyword>, from tech start-ups to retail, F&amp;B establishments, and even mom and pop shops, can now use our platform to target and engage in real-time with more than 316 million active Twitter users worldwide and increase sales, as per the statement. 
 
(Image: Indiatimes)

Guess what Twitter is offering to small businesses in India? A self-service ads platform

Soon you will not have to download Paytm, Hotstar and Jabong as mobile applications of these companies will come pre-embedded in smartphones. 
 In a bid to tap larger customer base of handset makers, Paytm, Jabong and Hotstar have inked deals with handset manufacturers like <keyword id="71696" type="COMPANY" weightage="80" keywordseo="Micromax">Micromax</keyword>, Intex, Spice, Microsoft and Karbonn and will come embedded in these. 
 
"Up to 75-80% of our sales come through either our smartphone apps or mobile phones. So, mobile strategy is a vital element of marketing for us, especially android platform," Shankar Nath, Senior Vice-President of Paytm told Economic Times. 
 Paytm has a partnership with <keyword id="10591" type="CITY" weightage="80" keywordseo="Samsung">Samsung</keyword>, Microsoft, Micromax, Lava and Spice for pre-embedding its app on the highest selling models of these handset manufacturers. 
 
The financial daily reported that Paytm app had seen close to 29 million downloads. 
 
Likewise, Jabong has inked deal with Microsoft to pre-bundle its app in some models of the Lumia series. The partnership will help the e-Commerce company reach out to Lumia loyals. 
 
"When an app is already installed on a smartphone, the probability of the consumer using it increases and hence, such tie-ups make sense for us," Praveen Sinha, co-founder of Jabong, told ET. 
 
As per a study by Zinnov, Jabong's transactions through smartphones have increased to up to 50% from 5% about two years ago. As smartphone sales grow about 51% every three months, the mobile commerce market is likely to grow 55% to $19 billion by 2019, from $2 billion now. 
 
"Media consumption pattern of consumers have changed completely. It will continue to change rapidly in the coming future. We are moving towards the era of wireless communications. So this is the new way towards which marketing and advertising is moving," Sandeep Goyal, chairman of Mogae Media, told ET. 
 
Goyal said that the brands were looking towards digital marketing strategies more seriously. 
 
Even Hotstar, the mobile-based application of Star network, has a tie-up with Micromax, Panasonic, Karbonn, Lava and Spice to pre-embed its app on some of their leading models. 
 
The mobile app offers over 35,000 hours of content in seven languages, ranging from movies and television shows to live sports.

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