Indian startups are not disruptive enough compared to global companies: Ratan Tata


The Economic Times reports:
MUMBAI: India's internet ecosystem may be booming but domes tic startups still have some distance to cover as far as disruptive businesses go. That's the word from one of India's most successful corporate leaders and investors Ratan Tata. "I don't think we have as ma ny really disruptive startups in India as we do overseas," said Tata, speaking at an event organised by venture capital firm IDG Ventures India. The reason, Tata believes, is not so much talent as is the lack of an encouraging ecosystem.
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