Former Shark at Shark Tank India Ashneer Grover once dubbed people like Mark Zuckerberg and Nikhil Kamath as “exceptionally brilliant.” Their jigra (guts) to follow their instincts and not go the conventional routes of entrepreneurship has not only garnered them billions besides fame but also a legacy. Zerodha’s billionaire co-founder Nikhil Kamath is one of the youngest self-made wealthiest and most charitable people in India. For Nikhil, India is a land of opportunity, and the time is ripe for the hundreds of Mohan Bhargavs abroad with a fancy degree from a fancy US college to come back and do their slice of ‘Swades.’ In his recent tweet, Nikhil attaches two infographics that indicate India as the place to be in this decade. He emphatically writes
For an entrepreneur, the opportunity is here.”
To my many friends who have graduated from fancy colleges in the #US, working there, considering moving back home to start something. All indications point to #India being ‘the place’ to be this decade; from a relative standpoint, for an #entrepreneur, the opportunity is here… pic.twitter.com/BJqS8pLkq2
— Nikhil Kamath (@nikhilkamathcio) April 13, 2023
See Also: “Exceptionally Brilliant People”, Ashneer Grover Applauds Dropout Founders Like Mark Zuckerberg And Nikhil Kamath
Let’s take a peek at the infographics. The first one is from Bloomberg, showcasing the recession possibilities globally in 2023. The UK tails the chart with a whopping 75%, followed by New Zealand with 70% and the US with 65%. Most developed nations are in the red zone, however, India’s recession possibilities are the lowest at zilch, leading the overall chart!
The second infographic is World Output Projection for FY23. Again, the UK is in the red zone with -0.3%, followed by Germany’s -0.1%, and South Africa’s 0.1%, while India leads the chart with 5.9% growth projections. India is followed by China at 5.2%, and Indonesia at 5.0%.
See Also: Top Tips From Zerodha’s Nikhil Kamath That Can Make You A Successful Billionaire Investor Like Him