India’s startup surge to go beyond metros by 2035
According to a recent report from Tie Bangalore, India's start -up system is expected to expand far beyond metropolitan towns by 2035. Currently, around 70% of Startups is concentrated in larger cities such as Bengaluru, increasing the Court's tensing. The report says that Tier -2 and Tier -3 cities will soon become an innovation hub, which is inspired by local talent and assistant state initiatives. While the Metro start -up magnets will remain, it is likely that more start -up will tap in regional markets and local opportunities. Access to funding, mentoring and technology will play an important role in this change. Experts believe that decentralization of the start-up system will generate more jobs and promote economic growth in semi-urban areas, which will create more balanced entrepreneurial scenario throughout India over the next decade.
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