3 ms·
I live in India. Don't own a startup but have been studying the market. A lot of things make India tough: 1. People are taught not to pay - When computers star
by atishay811 14y ago
I live in India. Don't own a startup but have been studying the market. A lot of things make India tough:
1. People are taught not to pay - When computers started proliferating India, it was almost 100% piracy. Apart from OEM bundled Windows it still is. TPB in India is the standard. When you ask consumers for money, they want a physical good because virtual should be free just like it has ever been on TPB. Apps do not sell.
2. Insane justice system - If someone just stole what you did and started selling it, it would take twenty years to to get justice. And that may not even happen if that person is influential.
3. Strange tax laws - The indirect taxation policy has loopholes. People can steal taxes, play bribes and remain a monopoly. It is not everyone's cup of tea, but those that are good at it are very rich in India. A lot of the rest promote leaving India as a good option. Fighting is also not what everyone can do.
Having said all this, a lot of start ups are bubbling in India. Maybe a few years down the line, doing a safe and legal software business would be as profitable in India as in the States even for the middle class.