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Indian state of economy –

In 2013 when I started this blog and now in 2022, in these 10 years the country has changed so much. The value of rupee has devalued OR state of Economy has improved, not sure but now Crore rupees (10000000 INR), ie 1 million GBP is not a big amount in india and high net worth is 1000 crores ie 1000 million or 10 billion..

in these 10 years even if I had saved 100k it would have doubled if I kept in bank or any investments, but here we are talking of having got multiplied 100 or 1000 times.. have u read that in 2020 the number of startups that became Unicorns were in 20 or so, but in 2021 this number is 200 plus and in 2022 not sure.. at macro level sensex may have increased like doubled or so, but at ground level things are much much different.

any company or startup you read about is 100 crores plus, just today learnt about his wireless headphone company boat again 1500 crore plus.., set to launch 2000 crore IPO.. any company from india you have heard of means its valuation is in 1000 crore plus ie unicorn .. this is insane if you ask me.. how can we get so big and insane valuations.. is it all hyped up and once FII funding is gone we will fall back to ground zero..

Its not the case as you see, it is just that its not value of rupee , its the value of money that has gone like this.. any startup worth mentioning anywhere be in US or china or singapore is a unicorn and being a unicorn is no longer a big acheivement

like being 100cr blockbuster movie is not an achievement any more, baahubali has shown that 1000cr is possible and almost every big film is 100cr plus film in making costs itself.. the range has changed and with that our thoughts should change too and our ideas too

should be happy with india growing and with the fact that indian companies and economy is growing almost 10 x faster than western counterparts be it UK or Europe where it is negative rates…



This post first appeared on Ravi Borra | My Opinions And Learnings, please read the originial post: here

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Indian state of economy –

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