In a major initiative of India Leadership Conclave’s Annual meet currently in its 7th annual edition debating on a theme Advantage India – It is Now or Never, top guns of the e-commerce & start-up India are set to address the much awaited 7th Annual India Leadership Conclave & Indian Affairs Business Leadership Awards 2016 to be hosted in Mumbai on Friday, 1st July at Hotel Hilton Mumbai, International Airport. The Conclave, widely perceived by the industry leaders as premier leadership meeting point will be attended by more than 300 leaders of the country & is going to set benchmark in leadership empowerment & historic relevance said in a release.
“India today stands on the threshold of a new economic power & the mood of the nation especially the Start-up & Digital India are absolutely electric given the growth & innovations that it set out since last few years,” said Mr. Satya Brahma, the Founder & Chairman of the India Leadership Conclave 2016. “We are in an exciting phase of innovations and creativity. The young Start-up industry specially the mobile revolution is making its mark felt both in India and abroad as a number of innovative start-ups in India such as E-commerce, B2B, Consumer internet, Mobile apps, SaaS are set to receive more funding in the year 2017 -18 that it received between 2010 and 2014.The infusion of VC and PE increased from US$13 million to US$ 1,818 million despite the recent drop in investments . The number of start-up will increase than it is projected and by 2020 there will be 11,500 firms from 3,100 Start-ups in 2014,” added Mr. Brahma. India’s e-commerce players are being duly empowered by the central government’s push specially Prime Minister Narendra Modi’s flagship ‘Make in India’ efforts to push for ‘Start-ups’ and ‘Digital India’. The recent declaration of comprehensive policy framework for patents will be a big step as well.
The Leaders & the entrepreneurs of the Stratup up India who will be addressing the Conclave include Sandeep Agrawal, CEO & Founder, ShopClues & Droom, Vishwas Patel, CEO & Founder,CCAvenue, Ashish Goel, Co-Founder & CEO, Urban Ladder, Dewang Neralla, CEO & Director, Atom Technologies Limited, Shashank Joshi, Managing Director, My Mobile Payments Ltd, Sudarshan Purohit, CEO & Founder, Zenify.in, Probir Roy, Co- Founder & CEO, Paymate, Ketan C. Doshi, MD, Pay Point India, Anirban Poddar, Founder & CEO, ShopHop, Sanna Vohra, Founder & CEO, The Wedding Brigade, Suchi Pandya, CEO & Co-Founder, Pipa+Bela, Arpita Ganesh, Founder & CEO, Buttercups Bras, Shivaarti Bajaj,Founder & CEO, Go Parties, Nilisha Bhimani, Founder & CEO,Stay Fabulous, Gunjan Soni. CMO & Head of International Brands, Myntra, Raka Chakrawarti, Founder & CEO, Gourmetdelight
There will also be big challenge in terms of multiple issues that the country is confronting. India is ranked 130th out of 189 economies on the ease of doing business, 133rd on the ease of trading across borders and 157th on the ease of paying taxes & India is ranked 155th in case of starting a business on an average, Indian businesses need to make 33 tax payments annually with around 243 hours spent to prepare and pay taxes in a year & in contrast, China requires just nine tax payments annually, while the US doesn’t trouble its taxpayers more than 11 times annually for tax payments.
