What do entrepreneurs want for the new year?

When you open a book in 2024, you’ll be greeted by 365 blank pages. Each page is waiting to be filled with stories of resilience, innovation, and success in the Indian startup ecosystem. The start of a new year marks the beginning of a new chapter and brings with it a new and optimistic outlook after the challenges faced by entrepreneurs over the past year. Despite the challenges faced in 2023, an unyielding entrepreneurial spirit prevails, creating a backdrop of hope on the road to 2024. As we stand on the threshold of possibility, startup leaders are articulating their hopes and aspirations for the year ahead and contributing their unique perspectives to the world. A promising canvas for the future.

Let’s see what entrepreneurs want for the new year 2024.

Policy reforms aimed at expanding investment

Prasad Sreeram, Cogos CEO and Co-Founder

“In 2024, my focus will expand beyond innovation and growth. I am particularly focused on policies that can address the lack of progress in the current funding environment and increase domestic and international investment in startups. “We look forward to government support, especially in innovative and deep areas.” “Together with technology companies addressing India’s challenges, we will contribute first-class work and foster meaningful collaboration. , we aim to pave the way for a future where startups thrive and create positive change. Here’s to a year full of unparalleled opportunities and impactful progress!”

A skills revolution in the blue-collar workforce

Puneet Dhiman, CEO and Founder, Chaabi.ai

“The blue-collar workforce training sector is poised for explosive growth as the Indian government and key industries commit billions of dollars to upskilling and upskilling initiatives in 2024. At Chaabi, we partner with both government and industry to close the skills gap and help India We are committed to playing a key role in this skills revolution by empowering the blue-collar workforce for the future. ”

Call for a supportive regulatory environment

Dr. Rohit Ghazibie, Founder, LEO1

“As we enter a new year, entrepreneurs around the world share a common desire for a regulatory environment that fosters innovation, embraces sustainability, and fosters business growth. is to enact policies that foster dynamic, collaborative ecosystems and enable startups and businesses to flourish. We want streamlined processes that facilitate the development of digital infrastructure. May the new year bring positive changes to government policy, reflecting a collaborative understanding of industry needs. We want a future where connectivity and accessibility are prioritized. Together, we envision a regulatory landscape that allows businesses to grow, contribute to economic progress, and build a better, more sustainable world. Sho.”

Focus on real-world problem solving and reverse migration

Saurabh Gupta, Founder, Verismart

“The expectation from industry is to focus on solving real-world problems, rather than simply leveraging technology and AI to survive. Build companies based on real-world problems that will plague the future of India. Also, India’s landscape is truly vast. Instead of targeting just the top 8% of the population, new entrepreneurs are creating businesses at scale. We need to focus on building products that can solve problems.Government policies should try to bring back Indian-origin companies that have moved to other regions due to strict policies in the last decade. is supposed to be a decade of reverse migration for India. The policy shall be leveraged to use pioneer technology without tendering position, because in government sector tenders and GEM portal tenders, the eligibility of tendering Because despite the mention of standards and experience relaxation, very few sectors follow them. With each step in the implementation of the policy, the government’s sandbox is also enabled, making it easier for startups and organizations to build. and remain compliant at the same time.”

Looking ahead to 2024, the aspirations of Indian entrepreneurs reflect a collective vision for a more collaborative ecosystem. From policy reforms to boost investment and revolutionize the skills of the blue-collar workforce, to demanding a supportive regulatory environment and focusing on solving real-world problems with an eye toward reverse migration, these entrepreneurs , optimistic about positive changes in society. The new year may impact the startup landscape in India. The entrepreneurial community is looking forward to a year full of promise and progress, and the stage is set for collaboration, innovation, and growth.

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