Indian startup ecosystem is mature, set to bolster Indian economy: AWS’ Kumara Raghavan

NEW DELHI: The Indian startup ecosystem is mature, with multiple tailwinds that are poised to escalate India to become the third largest economy in the world, said AWS’ Kumara Raghavan.

In a conversation with PTI, Raghavan, Head, Startups, Amazon Web Services (AWS) India, and South Asia, discussed the vibrant Indian startup scene, noting its strength and innovation potential.

“We are the 5th largest economy, we are trending towards becoming the 3rd largest… factors that will contribute to it are labor addition, infrastructure growth, and efficiency improvements, where technologies like GenAI will play their part, a large developer ecosystem, the ability to build products in the country and serviced all over the world, then there are regulatory tailwinds as well,” he said.