This document discusses how India can become a $10 trillion economy by 2030 through technology entrepreneurship and the growth of its startup ecosystem. It notes that India currently has the 3rd largest startup ecosystem in the world with 19,400 startups. If the ecosystem continues growing at 270% over 6 years, it could create $500 billion in market value and employ over 3.5 million people by 2030. This growth will be accelerated by initiatives like Digital India that are building digital infrastructure and opening government data through APIs, fueling innovation and problem solving across sectors to help propel India to its economic goals.

1. INDIA AT 2030 - HOW TECH
ENTREPRENEURSHIP WILL CREATE A
$10 TRILLION ECONOMY
T V MOHANDAS PAI

2. India is ready to retake its place as a
top 3 economy in the world by 2030.
“

3. INDIA AT A GLANCE

4. INDIA – KEY ECONOMIC INDICATORS 2016 VS. 1991
25 YEARS’ SNAPSHOT POST-LIBERALISATION

5. INDIA’S GDP GROWTH % - LAST 10 YEARS
REGAINING GROWTH MOMENTUM
Expected GDP growth rate for 2016-17 is 7.5%

6. INDIA – GDP PROJECTIONS
India needs to grow at 8% CAGR to be a $10 Tril economy by 2035
China’s GDP grew at an average of 9.9% p.a. from 1979 to 2011

7. THE WORLD IS CHANGING

8. INDIA & CHINA AT A GLANCE - CHINA HAS GROWN FASTER

9. TRENDS IN INFLATION (CPI)

10. SPEND ON SUBSIDY
FINALLY SEEMS TO BE GETTING UNDER CONTROL
With strong reforms and the use of JAM (Jan Dhan, Aadhar, and
Mobile), subsidy leakage will be reduced

11. INDIA HAS A STRONG INDUSTRIAL BASE

12. WE HAVE A YOUNG POPULATION

13. WE WILL CONTINUE TO HAVE A YOUNG POPULATION
We are NOT an aging country!

14. HIGHER EDUCATION (HE) INFRASTRUCTURE IN INDIA
GROWTH IS ABOUT PEOPLE, WE HAVE INCREASED ACCESS IN HE

15. WE HAVE ADEQUATE SAVINGS FOR INVESTMENT AND GROWTH

16. GDP BY SECTOR IN 2014 : INDIA VS CHINA
WE HAVE VERY DIFFERENT PATTERNS

17. INFRASTRUCTURE INVESTMENT
INDIA IS SPENDING MUCH BELOW ITS NEED AND CHINA, WAY ABOVE

18. INFRASTRUCTURE INVESTMENT
CHINA’S SPEND IS OVER TWICE THE RATE OF INDIA, ON A MUCH HIGHER GDP BASE IN THE LAST 20 YEARS
18

19. The Startup Ecosystem will help create a
$10 Trillion GDP economy in India by
2030.“

20. S
3rdLargest startup
ecosystem in the World
19,400
startups
270%growth in 6 years
$80 BilValue Created

21. INDIAN STARTUPS AT A GLANCE
IndianStartupEcosystem
3rd Largest Startup Ecosystem in the world + Fastest Growing
19,400 startups in India at present.
Indian startups raised $3.5 Bil funding in the first half of 2015 and
$4.5 Bil in second half of 2015. Total investment in 10 years has
crossed $50 Bil.
Indian startups raised $3.5 Bil across 815 deals in Q1, Q2 &
Q3 in 2016, against $7.3 Bil that was invested across 639
deals during the same period in 2015
76.4% of startups that have raised funding in 2016 YTD are
concentrated in Bengaluru, Mumbai and NCR-Delhi region.

22. NEW FLYWHEEL RAMPING UP
1998 - SW Services took
off
2015 - Startups take off
Result in 2016:
- $175 Bil revenue
- $110 Bil exports
- 4.25 Mil People Employed
10 year Projection: Fireflies
lighting up the sky!
- 100,000 Startups
- Employment: 3.5 Mil
- $500+ Bil in Market Value
- #2 after US
- 30 Mil SMEs lifted

23. STARTUP LANDSCAPE BY CITY
19,400 Startups in India
Mostly concentrated in
Bangalore (31.44%), Delhi
(20%), Mumbai (13%) and
Chennai (10%)
Bangalore strong in B2C

25. STARTUP VALUATIONS

26. B2C VALUATIONS
$9 bn
$6.5 bn
$5 bn
$5 bn
$1 bn

29. STARTUP VALUATIONS
22%
12%
9% 8%
46%
16%
13% 12%
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
50%
NASDAQ SEHK NSE BSE
Technologyasapercentageofoverall
Set to grow dramatically in coming years
No. of companies Market Cap

30. USE OF DIGITAL PLATFORMS

31. Startups looklike?
So whatwill the futureof

33. AADHAAR – ZERO TO 1 BIL IN 5.5 YEARS
942M
600M
300M
100M
50M

34. THE EVOLUTION OF THE INDIA STACK – BUILT ON JAM
2010 2011 2012 2013 2014 2015 2016
AEP
S
Aadhaar
Authentication
APB
Aadhaar
eKyc
eSign
UPI
Consent
Architecture
Digilocker
GSTN
950 M
1005 M
196 M
Aadhaar
Mobile
JDY
2009
944 M
600 M
100 M
Source: Ericsson Mobility Report, PMJDY, Aadhaar Web
Sites

35. ACCELERATED BY REGULATORY INNOVATION
Source: News Reports
BANK
LIBERALIZATION
1969 1980
199
3 2001 2014
2015
+14
+6
+10
+2 +2
+2145 Years 14 Banks in 3Months
Ushering in a new
ERA of
DIFFERENTIATED
BANKING
BANK
NATIONALIZATION

36. PRESENCE-LESS LAYER Aadhaar Authentication
Unique digital biometric identity with
open access of nearly a Billion users
CONSENT LAYER Open Personal Data Store
Provides a modern privacy data sharing
framework
PAPERLESS LAYER
Aadhaar e-KYC,
E-sign, Digital Locker
Rapidly growing base of paperless
systems with billions of artifacts
CASHLESS LAYER IMPS, AEPS, APB, and UPI
Game changing electronic payment
systems and transition to cashless
economy
COMMERCE
(GSTn)
CREDIT
(RBI)
INVESTMENTS
(SEBI)
OTHERS
INDIASTACK
SKILLS
JAM Jan Dhan + Aadhaar + Mobile

37. WE WILL GO FROM DATA POOR TO DATA RICH NATION
IN 5 YEARS!
Digital
Identity
Paperless
Process
Commerce
Payment
Social
Machine
Intelligence &
Automation

38. TO INCREASE MARKET SIZE BY 10X TO 50X,
THE COST OF DOING BUSINESS MUST BE
BROUGHT DOWN!

39. Need a
loan
Sees
loan
offers
Accepts
best offer
Receives
loan
Gets
paid
digitally
Repays
loan
Agrees to
share
data
Data
sharing
norms &
tech
Credit
marketplace
app
Credit
market
-place
paperless
contract
Transaction
a/c & app
Payment
app
Payment
app
Aadhaar/
eKYC
digi
locker
API for
loan
offers
eSign
Digilocker
UPI
auth
orization
api
UPI
UPI
Credit without
friction will bring
millions into the
formal economy!
Paperless instant
credit markets
based on
digital exhaust

40. ● Digitize their supply chains
● Increase consumption of digital
infrastructure - payments, logistics, etc.
● Leave digital footprints for service
providers, and customers alike.
● Digitize their customers
● The best aggregators use these digital
footprints to enhance their services!
NEW AGE PLATFORMS ARE DIGITIZING THEIR ECOSYSTEMS
Customers
Platforms
Service
Providers
Product
Providers
Partners

42. Jobs /
Provider
Jobs = Service
Providers
×

43. Only 6,500
Employees
1.5 Mil
Cars &
Drivers
New Age Platforms
Create a few, high-value jobs
that can be leveraged to enable service
providers.
Service Providers
Large number of service providers
Each service provider creates multiple jobs

44. 10,000 Hospitals
200,000 Doctors,
Labs, etc.
1.5 Mil Cars
0.25 Mil Cars 100,000+
Merchants
5,000
Employees
6,500
Employees
8,000
Employees
4,500
Employees
100,000+
Merchants
Logistics,
Support
23,000
Employees

45. ACCELERATING CHANGE!
1. Bharat embracing Smartphones
- Stayzilla sells more hotel rooms than
MakeMyTrip
- Newshunt is bigger than Times of
India in readership
Aadhaar: open digital biometric identity
Paperless: E-sign, Digi-Locker and eKYC
Payment layer: IMPS and UPI
Country commercial transaction layer: GSTn
Open Privacy Consent Network: Dec launch
2. Open API “India Stack”
- Aadhaar is 900 Mil – Bhamashah
huge opp.
- IMPS bigger than Visa/MC
- GSTn will see 3 Bil invoices/month
- India will have largest e-sign user
base by Dec 2016
- Democratized innovation

46. India Stack as
Digital Infrastructure
Regulatory
Policy
Market Making Policy
via Challenge Grants
100s of Experiments
- Low barriers to entry
- Level playing field
- Aligned to national issues
- Rapid success/failure cycle
A robust
foundation to
enable innovative
solutions to
India’s hard
problems
Innovative Solutions to
India’s Hard Problems
- Commercially Viable
- Far reaching consumer impact
- Reinforces experimentation

47. India is optimizing to empower problem
solvers. Startups will be the force multiplier to
catapult the country into a $10 Trillion
economy by 2030.
“