Friday, November 22, 2024

American entrepreneur Balaji Srinivasan lauded by PM Modi

“I love your optimism and will add – the people of India are trendsetters and trailblazers when it comes to innovation. We welcome the world to invest in our nation. India won’t disappoint.”

— PM Modi on social media platform X

PRAVASISAMWAD.COM

Renowned American entrepreneur and investor, Balaji S Srinivasan, received accolades from Prime Minister Narendra Modi on November 26, as the Prime Minister expressed appreciation for Srinivasan’s positive outlook on the investment landscape in India, according to a report by livemint.com.

Responding to Srinivasan’s optimistic views on investing in India, PM Modi took to the social media platform X, stating, “I love your optimism and will add – the people of India are trendsetters and trailblazers when it comes to innovation. We welcome the world to invest in our nation. India won’t disappoint.”

Srinivasan had earlier shared on X his inclination towards investing in India and its people, citing the growth potential in Bharat. In his post, he likened India to a startup, acknowledging that, like any growing startup, the country might have flaws but still holds immense promise. “If you see a startup growing, does that mean it doesn’t have any flaws? That it’s the best in the world? That you’re going to use it for everything right away? No, of course not. But you might start using it, and putting money into it, and talking about it to your friends. And that’s how I think about India — an ancient civilization that’s simultaneously like a startup country,” wrote Srinivasan.

In a comprehensive reflection, Srinivasan highlighted one of India’s significant strengths—the diaspora. He noted that Indians possess a unique willingness and ability to relocate globally, distinguishing them from Westerners who are often unwilling to move due to a perceived “First World” mindset

The entrepreneur’s post was prompted by a social media user who labeled him the ‘biggest cheerleader of India who does not stay in India.’ Srinivasan addressed the comment by emphasizing the importance of being an international investor seeking talent globally, dismissing the notion that physical presence is a prerequisite for investment. “It’s not about being a ‘cheerleader’ who has to ‘stay’ in a place to invest in it – imagine if every business had to be funded solely by neighbours down the street. Instead, it’s about being an international investor looking for the best talent around the world – and finding quite a lot of it in India,” he responded.

In a comprehensive reflection, Srinivasan highlighted one of India’s significant strengths—the diaspora. He noted that Indians possess a unique willingness and ability to relocate globally, distinguishing them from Westerners who are often unwilling to move due to a perceived “First World” mindset. Additionally, Srinivasan pointed out that the Chinese face increasing restrictions on mobility, limiting their ability to move freely. Overall, his assessment celebrated India’s global talent pool and positioned it as a promising destination for international investment.

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