Boom Time for Bold Indopreneurs

 

I have been surfing the web for many years now and I have seen various web industries growing online. And it is fascinating experience to see many great companies making new normals. Here are few of these successful companies who brought new meanings to cyber space and changed the way we use the internet.

○ Google - Changed the way people search the web
○ Yahoo-First portal attracting millions of users
○ E-Bay - Buy/Sell/Bid, who knew people would like that..
○ Amazon- Started with selling books and now almost everything
○ MSN - Portal/Search, Email, Video
○ Myspace - Online social space, fastest growing industry today

Now let's talk about India for a moment. India, with 350,000 new engineers a year, is outdoing the US, a study suggests. According to another report, there were 39 million Internet users in India in 2005, a 54% year on year increase. The number of Internet users could exceed 100 million by 2007, making India the second-largest Internet market in Asia after China. In addition, there were more than 100,000 Internet cafes in India in 2005. Many experts believe that India will be the most important online market in the world in 10 years, not China. And many of the companies listed above already have a platform ready for India.

Apart from few Indian companies like Rediff.com, Kosmix.com, Shaadi.com, Blogeverywhere.com and Sulekha.com, there is hardly any global name which comes to my mind. I always wonder WHY? Well I strongly believe that India has the brain and the man power to create one. Then may be the policy makers are not making it conducive. May be someone can answer that for me.

But I think Indian market has great potential. The place is full of small businesses and diverse culture. All one needs is a big idea. Google's big mantra is to get users and not the money, the money will follow. And considering Indian population one can attract great number of users. The place is a cultural paradise. She has very distinctive art, the music, the travel, the products, the science, the culture and so much more to offer.

Let's wait and see who is next Badshah(King) of India's online market. The game is on and we need more players like Sabeer Bhatia for Web 2.0...

References -
TECH TALK: India Needs More Entrepreneurs: Start-up!
TECH TALK: India Needs More Entrepreneurs: Why?
TECH TALK: India Needs More Entrepreneurs: How?
TECH TALK: India Needs More Entrepreneurs: A Personal View
TECH TALK: India Needs More Entrepreneurs: My Dreams
Spreading the Indian mantra overseas 
Creating Indian Entrepreneurs by Rajat Gupta

Imerging Giants
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