Fall Of Silicon Valley Bank And Its Impact On Worldwide

Silicon Valley Bank’s fall is a stark reminder of how quickly a financial crisis can spiral out of control and have a global impact. From bankruptcy to unfilled orders and liquidity problems, the dramatic decline of an institution that was once so reliable has been truly devastating.

It brought about unprecedented levels of disruption around the world as governments scrambled to find solutions for their affected citizens and companies. Numerous businesses faced tough decisions regarding payment delays and operations continuity, resulting in hugely painful losses for many stakeholders both directly and indirectly affected.

Silicon Valley Bank, known as the 16th largest bank in the world and also plays its part in lending money to the most prominent technology startups, collapsed last 10 March 2023 after defrauding all its investors and depositors. The impact of the Silicon Valley Bank Collapse was that there was a huge recession in the markets across the globe.

The Silicon Valley Bank which is based in California became one of the biggest bank failures after the 2008 financial crisis and barely 2 days after its declaration was made, it saw a sharp drop in deposits resulting in Share sales started to be organised, resulting in both investors and customers jumping off the sinking ship upon hearing the news of the Silicon Valley Bank Collapse.

This profound erosion of confidence in banks and financial institutions puts into perspective our interconnectedness, as what happens in one corner of the world can have lasting ripple effects on another. It also serves as a case study on how institutions must constantly strive to stay ahead with risk management practices that identify potential weaknesses before they become unmanageable.

Silicon Valley Bank

Rated as the 16th largest bank in the United States until the crash, Silicon Valley Bank also known as (SVB) is a regional bank in the US, headquartered in Santa Clara, California.

Incorporated in 1983, SVB was reckoned as quite trendsetting because it was among the back then banks to set focus on start-ups and venture capitalists.

In December 2022, 56% of its loans were to VCs and PEs secured by their limited partners. SVB is held by SVB Financial Group, which has operations in the US across ten countries, including India.

Silicon Valley Bank Collapse

The Silicon Valley Bank UK unit is on the verge of being announced bankrupt, the business has already been closed by the bank and new customers are not being taken by the bank anymore since then.

On 11 March 2023, leaders of about 180 companies presented a letter to Britain’s Chancellor Jeremy Hunt calling for intervention in the aftermath of the Silicon Valley Bank Collapse.

Although it is being said that the UK is just the start in relation to the Silicon Valley Bank Collapse. Silicon Valley Bank also had branches in Canada, Denmark, Germany, India, Israel, and Sweden, and there are frequent warnings that a Silicon Valley Bank failure could wipe out startups across the globe without the existence of a government.

Some of the facts that have become clear regarding the bankruptcy of Silicon Valley Bank:

  • The Silicon Valley bank effected what was shown to be the biggest retail banking failure since the 2008 global financial crisis.
  • Valley Bank was closed on 10 March by US regulators and its deposits were seized. According to Silicon Valley Bank News, the hi-tech lender’s share price plummeted among customers running on deposits.
  • The Silicon Valley Bank Collapse was when the Silicon Valley Bank invested most of its assets in US bonds after earning a massive amount of money by investing in tech startups.
  • And to reduce the rate of inflation, the Federal Reserve Bank manipulated interest rates last year 2022, resulting in bond prices going down.
  • Startup funding has also been reduced in the midst of the covid-19 pandemic, as bank customers have withdrawn massive amounts of money.

How did it fail?

The fall of SVB is rather unique because it’s a case of asset liability management (ALM) mismatch concerns, which show solvency issues for the bank. From the end of 2019 to March 2022, the bank’s deposits of more than $198 billion; growth outstripped the industry by around 37%.

But hit by the pandemic, the deployment opportunities for funds were very limited. Hence, deposits were channelised towards investments where there are two types of instruments which are shorter duration investments classified as available for sale (AFS) and longer duration instruments classified as held to maturity.

Who has been impacted by Silicon Valley Bank’s collapse?

Silicon Valley Bank (SVB) is based in Santa Clara, California, but has its other branches in Canada, China, Denmark, Germany, India, Israel, Sweden, and the UK as well.

The complete extent of exposure and damage has yet to be completely understood, but various governments sprung into action over the weekend to start assessing the situation.

(CA)Canadian bank regulators have seized SVB’s branch to protect creditors, according to a statement released from the country’s financial superintendent, Mr Peter Routledge. Toronto ad tech firm AcuityAds has come up with nearly all of its cash, totalling about $55 million, in SVB.

Over 60 Indian startups backed by US startup accelerator Y Combinator (YC) have over $250,000 tied up in SVB, according to TechCrunch report data, while there are more that have over $1 million. India’s state minister of technology Rajeev Chandrasekhar announced through Tweet that he would meet with startups this week to assess the damage.

(IL) Israeli prime minister Benjamin Netanyahu has sworn to carry out a damage assessment in SVB. Domestic business paper Globes said that SVB’s collapse has been similar to “closing the oxygen pipe” to the Israeli tech industry, which has close ties to Silicon Valley.

(CN)Chinese firms, many in the biotech industry, have been rushing to reassure spooked investors. Among them is BeiGene, one of China’s leading firms researching cancer treatments, which launched around 4% of its cash, or about $175 million, is frozen in SVB.

SVB’s China joint venture, SPD Silicon Valley Bank, declared over that same weekend that its operations are “stable” and “independent.” Meanwhile, other startups firm are seeking banking alternatives.

 According to a Reuters report, around 16 firms in Europe’s tech and life sciences sectors had around $190 million in exposure to SVB. EU (Eupore) analysts say there’s limited risk for the euro zone’s banks, but that hasn’t stopped markets from sliding.

How SVB Crisis opened

On 10 March 2023, the tech and startup-focused lender was ordered to shut down by California regulations. And it was asked to keep it under the management of the Federal Deposit Insurance Corporation. In response to the How SVB Crisis opened, an overnight jolt occurred when SVB shares plunged a whopping 60% in premarket trade.

After this, the depositors started competing to withdraw money from the banks.

Meanwhile, news came out that SVV Financial Group was also in the process of selling itself after its failed fundraising attempt in the market.

But in relation to the Silicon Valley Bank Collapse, there were no advantages of any kind because the deposits went out very quickly. And sooner after it was posted by the FDIC that SVV had been closed down by the California Department of Financial Production and Innovation.

A brief timeline of Silicon Valley Bank’s collapse

  • March 9: SVB’s stock fell 60%, amounting to an $80 billion wipeout

  • March 10: California regulators shut down SVB and place it under the management of the Federal Deposit Insurance Company (FDIC)

  • March 12: US regulators state that by March 13, depositors will have access to their funds, including those above the $250,000 insurance threshold. US treasury secretary Janet Yellen declared SVB will not receive a bailout.

  • March 13: The UK government and Bank of England came up with the facilitated sale of SVB’s UK unit to HSBC.

Impact of Silicon Valley Bank’s collapse on Indian startups

The collapse of Silicon Valley Bank, the biggest vendor in the startup ecosystem, is the possibility to negatively impact the Indian startup scenario as well as it has injected a lot of uncertainty in the sector overnight, industry experts say.

“Hopefully the matter will get resolved soon, but I think it is a big shot for Indian startups,” Ashu Garg, a prominent Silicon Valley-based venture capitalist and early-stage investor for over the last two decades, told Press Trust India in an interview.

The FDIC, in a statement, said as of December 31, 2022, the Silicon Valley Bank had around USD 209.0 billion in total assets and about USD 175.4 billion in total deposits. At the time of closing, the number of residues in excess of the insurance limits was undetermined.

The number of uninsured deposits will be determined once the FDIC obtains extra information from the bank and customers.

“The Silicon Valley Bank has been a real supporter of the Indian startup scene and has provided banking services. Most Indian startups that do business in the US use this bank because it is one of the few institutes willing to work with Indian banks. A lot of the banking institutes do not want to work with an overseas client,” Garg, an alumnus of IIT Delhi, said.

“So, SVB has been able to work with the Indian companies that do not have US employees. So if they (are gone complete), it will be very problematic for the Indian (ventures),” he said in response to a question.

 Over the past various years, SVB has been one of the most preferred choices of banking for startups and the tech industry in Silicon Valley, mainly because of its understanding of the sectors and flexibility in many aspects suiting the startup ecosystem in India.

Given that every third startup in Silicon Valley is founded by Indian Americans, experts feel a significantly large number of these founders would be impacted as early as next week in terms of even making basic payments and giving paychecks to their employees.

Similarly, a huge number of Indian startups which do not have even a staff or an office in the US had opened up their accounts in the Silicon Valley Bank as it let them do so without many regulatory questions and with a client-friendly approach.

The implications of the collapse of SVB on Indian Americans and their companies are very serious about it, Garg said. “The Silicon Valley Bank is the biggest vendor to the startup ecosystem. So now you have all these loan facilities.


The collapse of Silicon Valley Bank is the biggest bank failure in the United States since the global financial crisis. The bank’s vulnerability was the result of having a high proportion of uninsured deposits and a huge proportion of deposits invested in hold-to-maturity securities.

While Asian lenders are being seen as more insulated from direct risk, investors questioned whether a government rescue plan will prevent any more fallout from SVB’s collapse. According to a report from Bloomberg data, the combined market capitalization of the MSCI World Financials Index and MSCI EM Financials Index dropped about $465 billion in three days.

FAQ’s on Silicon Valley Bank:

Must read articles:

International Women’s Day 2023: Everything You Need To Know

International Women’s Day (IWD) is around the corner every year on 8 March. It is widely celebrated to honour the social, economic, and cultural achievements of women in the world. 

International Women’s Day is observed as a global holiday and it is celebrated every year on the same date, which is 8 March. 

The day focuses on important issues such as gender equality, reproductive rights, violence and abuse against women, equal rights for women, and many more. The day is observed to celebrate every woman across the world and take steps toward women’s empowerment.

Every year International Women’s Day (IWD) is celebrated with a different theme. The theme for International Women’s Day 2023 has already been decided and people should plan events based on that theme. 

We should remember all those important women on this day who fought for women’s rights and for society. This day is significant for the growth of our society.

The day is an opportunity to celebrate the achievements made by women around the globe while also highlighting ongoing gender disparities.

On this day, we unite, celebrate and honour the notable accomplishments of sisters from every corner of our planet, who work hard towards effecting positive changes that empower and uplift millions of girls worldwide who continue to face systemic discrimination daily.

International Women’s Day:  History and Significance

On February 28, 1909 the Socialist Party of America established National Women’s Day in New York. Theresa Malkiel, a labour activist, came up with this idea as a way to remember the city-wide demonstrations against garment workers. 

German delegates later that year advocated the notion of a women’s day, though no exact date was decided, taking inspiration from American socialists. 

Women’s rights advocate Clara Zetkin suggested an international women’s day next year at the second International Congress of Working Women in Copenhagen, Denmark, to give women a stronger voice and encourage womanhood to advance their demands for equal rights.

The female attendees, who represented 17 nations and included Finland’s first three female MPs, endorsed it with one accord. The inaugural celebration of International Women’s Day happened in March 1911, and in 1913 the date was set as March 8.

First annual theme of International Women’s Day 

In 1996, the UN declared its first annual theme “Celebrating the Past, Preparing for the Future.” 

In 1977, the UN General Assembly proclaimed March 8 as International Women’s Day in favour of women’s rights and world peace. The United Nations first remarked on International Women’s Day in 1975.

Since then, the UN has celebrated the day by deciding on a theme every year.

This day is noteworthy because it honours women’s accomplishments, and the power of women hood, promotes gender parity and gender equality and raises money for various charities that support women.

The theme for International Women’s Day in 2023

“DigitALL: Innovation and technology for gender equality” is this year’s Women’s Day theme. The theme for the upcoming 67th Session of the Commission on the Status of Women (CSW-67), “Innovation and technological transformation, and education in the digital age for achieving gender equality and the empowerment of all women and girls,” is in line with this.

Importance of International Women’s Day

International Women’s Day has developed into a forum for womanhood and promotes women’s achievements.

It has been used to draw attention to problems like gender-based violence, pay disparities, lack of access to healthcare and education, and underrepresentation of women in society and encourage women and develop women entrepreneurs.

The development of women rights all across the world is one of the most noteworthy accomplishments of International Women’s Day. In many nations, women have gained the right to vote, and legislation protecting them from harassment, violence and discrimination in society has been established. 

With more girls attending school and life-saving medical care than ever before, women have also made significant advancements in education and healthcare.

Poverty, violence, and prejudice based on gender, colour, ethnicity, and sexual orientation are just a few of the substantial obstacles that women currently face on the street. 

Women’s matters have continued to be underrepresented in political and economic decision-making in many parts of the world, and their perspectives are frequently neglected in talks concerning laws that impact their lives.

The celebration of International Women’s Day serves to raise awareness of the need for continual activity and advocacy on behalf of women in society. 

It is a call to action for all people and organisations to join forces to build a society where women are getting their rights, respected, given the opportunity to succeed, and given the power to realise their full potential. 

By observing International Women’s Day, you can keep bringing attention to the problems that women face and spur forward constructive change for future generations.

Whatsapp features for women’s safety

Pick your caller- On WhatsApp you can easily “block and report” an account to WhatsApp anytime. You will no longer be able to get messages or calls from blocked contacts or numbers.

Control over messages- You can set screenshot blocking to prevent other members from taking photos of messages, and other information that they may not want in the public domain to get. This offers an extra layer of security.

Settings for group privacy- The group invite system and privacy settings of WhatsApp permit you to control who can add them to groups. This protects your privacy and prevents people from adding them to groups they don’t want to be a part of.

Control over online information- On WhatsApp, you can also control your online presence or visibility by choosing who can see when you’re online and who can’t. 

Protect the privacy of your WhatsApp account- By activating the Two-Step Verification feature, you can protect yourself in two ways. This is a helpful feature if the phone is hacked or a SIM card is stolen.

Things you can do to celebrate women’s day in school & colleges

  1. Discuss with students the history of International Women’s Day and the purpose of celebrating, and its importance to society.
  2. You ask them to write a special composition, blog or article to celebrate the achievements of women in society and what contributions they have made to education.
  3. Explore statistical information about women in the workforce with your students.  
  4. Ask students to make posters to display on International Women’s Day.
  5. Ask them to share the information that they learn about it with someone you think does not understand the need for an “International Women’s Day.”

5 fundamental rights every Indian woman should know

1) The right to education

As education can empower women and provide them with better opportunities in society. Unfortunately, many girls in India still do not get an education, and there is a significant gap between male and female literacy rates in India.

As of 2021, India recorded a higher nationwide literacy rate among men than women, at respectively 84.4% of the male population and 71.5% of the female population.

2) The right to healthcare

The right to healthcare includes access to basic healthcare services, maternal healthcare, and family planning services for the women in India who often face numerous health challenges, and access to healthcare services can help them address these issues.

3) The right to work

Women should have equal opportunities to earn a livelihood and contribute to the country’s economy. Unfortunately, women in India face many barriers to women entrepreneurs, including discrimination and harassment in the workplace.

4) The right to political participation

As women should have equal opportunities to participate in political matters and be represented in government. Despite some progress in recent years, women are still massively underrepresented in Indian politics.

5) The right to live 

Right to live with dignity and freedom from violence at home and in society. Women in India often face various forms of violence, including domestic violence, sexual harassment, trafficking, etc. Addressing these matters and creating a safe environment for women is crucial.

Lesson to learn from 5 leading women of the world

1. Take Every Chance, Drop Every Fear

  • Arianna Huffington, founder of The Huffington Post and Thrive Global

Take Away from her:

Arianna Huffington built a global brand from scratch she wouldn’t have pulled it off and had allowed her fears to hold her back. If you have a business idea you think might just work, don’t think about the negative outcomes: take initiative and see where it leads you in the race. 

You’ll be able to tweak your business strategy as you go, but unless you hit the road, you’ll be robbing yourself of a chance at the business environment

2. Don’t Be Ashamed to Ask for Directions

  • Oprah Winfrey, actress, book author, producer and host of The Oprah Winfrey Show

Take Away from her:

 You’ll never know all there is to be known about a successful business, but not asking for directions is the safest and easy way to get lost along the way.

You should know how important it is to do industry-related homework in advance and not be ashamed to ask questions and seek help or guidance when you need it from others.

3. Quality Is As Important As Quantity

  • Lailah Gifty Akita, founder of Smart Youth Volunteers Foundation

Take Away from her:

In a world that revolves around quantity, quality is what makes a business stand out in the crowd. Quality takes time, commitment, and long-term investments when it comes to business. Money spent on first-rate office equipment is an investment in employee comfort, well-being, and work motivation and as such has a hand in the quality of both workflow and output of the business. 

4. You’ll Make Mistakes – Learn from Them

  • Sara Blakely, Spanx founder

Take Away from her: 

Sara made mistakes, and she grew from them. Failing is a sign that you’re pushing the limits of your comfort zone and taking risks in every matter; as such, errors are an integral component of the path to success.

 Mistakes are a source of valuable lessons on how you can tweak business strategy and approach to ensure the best results in the long run in the market, so make them – and learn from them, too.

5. Find Your Passion and Go After It

  • Karren Brady, English author, columnist, TV personality and vice-chairman of West Ham United F.C. 

While doing business things gets tougher than usual, it’s the passion for your line of work that will keep you in the right lane and heading for top-notch performance metrics at full speed.

For this reason, the spark is every business woman’s best friend: find your passion beyond fame and money,  which will satisfy your needs and let it guide you on days when the entrepreneurial waters grow murky.


International Women’s Day (IWD) is celebrated on March 8 of every year. Honouring women’s social, economic, and cultural accomplishments in their celebration. 

The day focuses on essential topics like gender equality, women’s equal rights, violence and abuse against women, and the reproductive rights of women worldwide. The day is celebrated to honour all kinds of women across the world.

FAQ’s on Women’s Day 2023:

Must read articles:

Everything You Need to Know About Budget 2023

Discover How Globalization Has Transformed Our World: A Brief History

Globalisation or globalisation is driven by the convergence of cultural and economic systems worldwide. The globalisation of market convergence promotes and in some cases essential increased interaction, integration and interdependence among nations. The more countries and regions of the world become politically, culturally and economically, the more globalised the world becomes.

Globalisation is the process by which ideas, knowledge, information,  goods and services spread worldwide.

In business, the term is used in an economic context to describe integrated economies marked by free trade, the free flow of capital among different countries and easy access to foreign resources, including labour markets, to maximize returns and advantages for the common good.

What is Globalization?

Globalization means the speedup of movements and exchanges (of human beings, products, services, capital, technologies or cultural practices) all over the world. One of the effects of globalization is that it promotes and increases interactions between different countries and populations around the globe.

Examples of globalization in history

In 130 B.C.The Silk Road was a trade route between China and the Mediterranean Sea area. It led to the exchange of not only goods but also culture and knowledge. As merchants grew to understand Chinese culture through their trades, an appreciation for Chinese culture began to flourish well beyond China’s borders. This is the best example of globalization in history.

How did globalization start?

Globalization or globalisation is the process of interaction and integration among people, businesses, and governments worldwide. The term globalization first appeared in the early 20th century and came into popular use in the 1990s to describe the unprecedented international connectivity of the post-Cold War world.

Its origins can be traced back to the 18th and 19th centuries due to advances in transportation and communications technology. This increase in global interactions has caused a growth in international trade and the exchange of ideas, beliefs, and cultures across the world.

Globalisation is primarily an economic process of interaction and integration that is associated with the social and cultural aspects of the nation. However, disputes and international diplomacy are also large parts of the history of globalization, and of modern globalization.

What is the globalization of the market?

Globalization is the ability to produce or sell products and services in global markets in open competition with the world market. There exists comprehensive foreign competition with respect to almost every product across the world.

The globalization of markets has massively increased international competition. While pursuing the strategy of globalization, the business has to face the challenges of managing human, technological, and physical resources in world markets.

Market globalisation is a synergistic term combining the promotion and selling of products and services in an increasingly interdependent and integrated global economy. It makes businesses stateless, without walls, with the internet an integral marketing and cultural tool. Understanding consumer needs within target nations helps formerly ethnocentric companies build a global marketing mix in which product, price, place and promotion are geared toward a specific country’s needs.

Examples of Globalization

1) Economic globalization:

Economic globalization is the development of trade systems operating across national boundaries such as corporations or NGOs. Examples of economic globalization are Free trade agreements, such as the North American Free Trade Agreement and the Trans-Pacific Partnership.

2) Financial globalization:

It can be linked with the rise of a global financial system with international financial exchanges and monetary exchanges such as Stock markets, for example, the financially connected global world.

3) Cultural globalization:

Refers to the interpenetration of cultures which, as a consequence, means nations adopt principles, beliefs, and costumes from other nations, losing their unique culture to a unique, globalized supra-culture; cultural globalization example is the trading of commodities such as coffee or avocados.

4) Political globalization:

The development and the growing influence of international organizations such as the UN or WHO means governmental action takes place at a global level. The creation and existence of the United Nations have been called one of the basic political globalization examples.

Importance of globalisation

Globalization changes the way nations, businesses and people interact with each other. Specifically, it changes the nature of economic activity among nations, expanding trade, opening global supply chains and offering access to natural resources and labour markets.

Globalisation is also changing the way trade and financial exchange and interaction occur among nations and also promoting the cultural exchange of ideas. It removes the barriers set by geographic limitations, political boundaries and political economies.

The era of globalization creates opportunities for nations on an international level. In addition, people coming from other nations to do business and work bring with them their own cultures, which influence and mix with other cultures.

Causes of Globalisation

  • Improved transport making international travel easier. For example, there has been rapid growth in air travel, and shipping enabling greater movement of people and goods on an international level.

  • Containerisation from 1970, there was a quick adoption of the steel transport container. This reduced the price of intermodal transport, making trade cheaper and more efficient.

  • Improved technology makes it easier to communicate and share information across the world.

  • Growth of International companies with a global presence in many different economies.

  • Growth of global trading boost which has reduced national barriers. It reduced tariff barriers which encourage world trade. Often this has occurred through the support of the WTO.

  • Firms exploiting gains from economies of scale to gain expanded specialisation. This is an important feature of the new trade theory.

  • The growth of global media means countries are increasingly interconnected. (e.g. recession in one country affects global trade and invariably causes an economic downturn in major trading partners across the nation.)

  • Improved mobility of capital in the past few decades, there has been a general reduction in capital barriers, making it easier for capital to flow between different nations. This has increased the ability for companies to receive finance. It has also boosted the global interconnectedness of global financial markets.

Impact of Globalization on the Indian Economy

  • Investments and new jobs, local companies supplying raw materials, etc. to these industries have prospered

  • Indian companies gained success through collaborations with foreign companies. With Big Indian MNCs contributing to world trade, India can raise its voice for fairer trade rules at (WTO)World trade organisation.

  • Globalisation has created new opportunities for Indian companies, mainly businesses for IT companies.

  • Exports got increased therefore making trade more favourable.

  • Consumers have the option to choose from a wide range of products- they can have the cheapest, best thing.

Myths about globalization

  • Globalization leads to a reduction in inequality within the nation.

  • People with poor skills will not get jobs due to globalization. Companies will hire people from different countries with good skills.

  • Immigration laws change often, and in some countries, it will become difficult to secure visas for employees that are foreign nationals.

  • Loss of cultural identity begins to lose their distinctive features and will lose global diversity.

  • Lower costs do benefit many employees, but it also creates tough competition that leads some companies to search for cheap labour sources in other countries.

Loss of cultural identity begin to lose their distinctive features and will lose global diversity

Globalisation influences our cultural identity. Technology allows us to eliminate communication boundaries and interact with each other on a global scale. It is speeding up social and cultural processes such that human activities no longer constrain time and space.

The future of globalization

Globalization will connect more consumers to get access to high-quality, trustworthy, innovative products that they could not have had otherwise. Businesses may operate globally, but they’ll need to adapt to regional sources.

The digital economy will change the way goods and services will get developed and delivered in industries. Every business sector will benefit from tourism to higher education to healthcare.

People can work more remotely, they can travel anywhere while they do their jobs, which will have a long-term effect of globalizing the travel industry which can bring more business to different nations.

Globalisation Today

The trend has reversed again in the 21st century, an era of unusual global integration. Changes in technology and international economic policies have reduced many barriers to the free flow of production, services, and capital.

Transport and communications costs have dropped at the same time, and there have also been reductions in tariffs and other barriers to international trade that have opened up the global economy.

The globalisation of the global economy has led to overall growth in international economic activity consequently, the importance of international trade in the world economy has also greatly increased.

In addition to more market-friendly policies and an acceleration of economic growth, a second significant evolution in the forces of globalisation occurred as a result of a range of countries, primarily Asian economies becoming more important economic forces in the international economy.


Globalisation is a term used to describe how trade and technology have made the world a more connected and interdependent place. Globalisation also captures in its scope the economic and social changes that have come between nations.

Globalization is the spread of the flow of financial products, goods, technology, information, and jobs across countries and cultures. In economic terms, it describes an interdependence of nations around the nation fostered through free trade.

FAQ’s on Globalization:

Must read article:

The Fourth Industrial Revolution: What It Means, How To Respond in 2023

In light of the unique, amazing and thrilling nature of the Industrial Revolution, it isn’t surprising that the world’s greatest leaders had difficulty recognizing its impact. Every generation needs a new revolution. 

And the truth of the Fourth Industrial Revolution has an aggressive pace, opposite to a linear pace rather. Revolution has always changed the world and disrupted it. 

So, the Fourth Industrial Revolution is here to change the world and create the future. In no time, this global change took a stand-in in front of all the industry. Although many are scared that the revolution is so unique and amazing that it has the power to ‘robotize’ humans today.

The term “Fourth Industrial Revolution” was first coined by World Economic Forum chairman Klaus Schwab in 2016. It is often associated with Industry 4.0, which focuses on leveraging emerging technologies such as robotics, automation, and artificial intelligence (AI) to create new products and services. 

However, this revolution can potentially change some human workers with robots or machines. This revolution has promised a digital transformation like none seen before, but it also brings immense risk if companies are not able to properly structure themselves for it.

Still, at the same time, it has the power to enable creativity, empathy, and new skills. It has the potential to lift humanity into new talent,  possibilities and skills.

To learn more on this topic, read on below as we cover everything you need to know about the Fourth Industrial Revolution, its effects, and steps each one of us can take to thrive within such technological change.

What is the industrial revolution?

The Industrial Revolution, in modern history, was the process of change from an agricultural and handicraft economy to one dominated by business and machine manufacturing. These technological changes introduced novel ways of operating and living and transformed society.

This process began in Britain within the 18th century and from there unfold to alternative components of the world. Although used earlier by French writers, the term historic period was initially popularized by national economic historian Arnold Joseph Toynbee (1852–83) to explain Britain’s economic development from 1760 to 1840. 

Since Toynbee’s time, the term has been more broadly applied as a process of economic transformation than as an amount of your time in a very specific setting. This explains why some areas, like China and India, failed to begin their initial industrial revolutions till the 20th century, whereas others, such as the U.S. and western Europe, began undergoing “second” industrial revolutions by the late 19th century. 

Third Industrial Revolution in 1969, advances in computing led to machine programming, which opened the door to progressive automation.

What is the fourth industrial revolution?

The concept of the Fourth Industrial Revolution was founded in 2016 by Klaus Schwab, the founder of the World Economic Forum, in a book with a similar name. “The Fourth Industrial Revolution creates a world in which the emergence of virtual and physical systems, emergence of technology and manufacturing cooperate with each other in a flexible way at the global level”. 

The Fourth Industrial Revolution, however, is not only about new tech and connected machines and systems. Its scope is much wider than you think. Co-occurring are waves of further breakthroughs in areas ranging from gene sequencing to nanotechnology, from renewable energies to quantum computing technology. 

In the Revolution, 4IR, or Industry 4.0, conceptualizes rapid change to new technology, industries, and societal patterns and processes in the 21st century due to the rise in interconnectivity and smart automation. 

It is the fusion of these technologies and their interaction across the physical, digital and biological domains that make the Fourth Industrial Revolution fundamentally different from the previous three revolutions. 

Respond to Fourth Industrial Revolution

Humans are responsible for their every path and development. Therefore, everyone is responsible for its evolution and making daily life decisions. Revolutions are always linked to people. It is the people who have the ultimate power to change things according to the changes in society.

Additionally, people can live by their values and culture. After all, that is what separates humans from animals, their willingness to act on their own whims. Adapting to the Fourth Industrial Revolution in an individualistic way is the best way to meet the challenges of the time.

This Revolution may have the huge potential to in a way ‘robotize’ nations across the globe. Still, it’s not the outcome completely, as long as people continuously educate themselves on various technologies and use imagination, understanding, and protection to create a better environment and a new and better collectiveness, based on a shared sense of destiny.

Global leaders are continually pointing out how people must develop skills in order to survive.

In today’s constantly changing world, only those who are well aware of changes can survive high-speed lines of revolution and get the most from it.

Therefore, education is the key to having a great and calm life and a peaceful business experience. Yet, it remains to see how the technology-driven world will develop in years to come and how it will affect the future and coming generations.

How will the Fourth Industrial Revolution affect the future of work?

The fourth industrial revolution will grow in technological advancements in the workplace, leading to continuous employee training to match the development of new machines. Workers have to constantly improve their skills and productivity.

From procurement to sales, the supply chain to telecommunications, the Fourth Industrial Revolution has helped reduce costs. Employees have become liberated from manual tasks to concentrate on higher problem-solving skills with digital technologies.

The 4th Industrial Revolution has impacted every industry with The Economist predicting that 55% of jobs are vulnerable to automation. 

Employees collaborate with automation and artificial intelligence to get work done efficiently and innovatively. Digital tools can range from analytic software and chatbots to robotics with the power to learn and adapt using artificial intelligence, natural language processing and machine learning. 

How will the Fourth Industrial Revolution affect business?

Fourth Industrial Revolution refers to “smart technology” and is connected to production systems designed, predict, and interact with the world to make real-time decisions that support production to selling products. Businesses have increased productivity, energy efficiency, and sustainability.

It also increases productivity by reducing downtime and maintenance costs.

Fourth Industrial Revolution an increase in production line availability by 5 to 15%. It can also give opportunities for energy saving and sustainability through optimisation.

The fourth industrial revolution brought artificial intelligence (AI), machine learning, virtual and augmented reality, 3D printing and the internet of things into reality, making entrepreneur life easier. Designer auto cars are a prime example of this new reality.

What should businesses do to future-proof their workforces?

Future-proof business is a kind of strategy that encourages sustainable models and plans to guarantee a company stays with the trend. It is important to know how to adapt, optimize, and plan for future events.

Customers care about the ethical sourcing of goods and a company’s efforts to combat climate change, and sustainable practices can also save your company energy and money in will help you to stay in the market business. 

Automation is kind of appealing because it can save money and increase efficiency. However, many jobs still need a human touch, no matter what technological advancement brings comes in future. Know where you can save on costs and where you can maximize a workforce’s skills to stay current with new trends.

4th Industrial revolution impact on businesses

Fourth Industrial Revolution has increased human productivity and self-aware products that are capable of sharing information about their health, location, usage level, storage conditions, and many more. The data these smart products share can help you improve everything from product quality and customer service to logistics and R&D.

With new technologies like AI and automation augmenting, doing business has become easier. New roles and responsibilities also lead to more companies employing specialist contractors or remote workers. Due to new technology and changing demands, businesses are becoming more supportive of existing employees wanting to work remotely or have flexibility.

In what ways are technologies driving change?

How Technology Drive Change

The easiest way to understand the Fourth Industrial Revolution is to focus on the technologies driving it. These include the following industries that were affected by the industrial revolution

1) Artificial Intelligence

AI ( Artificial Intelligence) describes computers that can “think” like humans. They can recognize complex ways, process information, draw conclusions, and make recommendations for you. AI is used in many ways, from spotting patterns in huge piles of unstructured data to powering the autocorrect suggestion on your smart devices.

2) Blockchain

Blockchain is a secure, decentralised, and transparent way of recording and sharing data, without relying on third-party involution. The digital currency Bitcoin is the best and most popular blockchain application. However, the technology can be used in other ways, including making supply chains traceable, securing sensitive data anonymously, and combating voter fraud.

3) Faster Computer Processing

New technologies are making computers smarter. They enable computers to process massive amounts of data faster than ever before, while the advent of the cloud has let businesses safely store and access their information from anywhere with internet access.

Quantum computing technologies now in development will eventually make computers millions of times more powerful and smarter. These computers will have the potential to supercharge Artificial intelligence, create highly complex data models in seconds, and speed up the discovery of new materials.

4) Virtual Reality and Augmented Reality

VR offers enveloping digital experiences (using a VR headset) that simulate the real world, while augmented reality (AR) also merges the digital and physical worlds comes in a great example of 4ir technologies.

5) Biotechnology

Biotechnology harnesses cellular and biomolecular methods to develop new technologies and products for various uses, including the development of new pharmaceuticals and materials, more efficient industrial manufacturing processes, and cleaner, more efficient energy sources. 

6) Robotics

Robotics refers to the design, creation, manufacture, and use of robots for personal and professional use. Today we see robot assistants in every home, technological advances have made robots increasingly complex and sophisticated. They are used in industries as wide-ranging as manufacturing, health and safety, and human assistance.

7) The Internet of Things

The IoT describes everyday products from medical wearables that monitor users’ physical condition to cars and tracking devices inserted into parcels connected to the internet and identifiable by other devices. Today businesses can collect customer data from constantly connected products, which lets them better gauge how customers use product marketing campaigns accordingly.

8) 3D printing

3D printing allows manufacturing businesses to print their parts with less tooling, at a lower cost, and faster than via traditional processes. Plus, designs can be customized to ensure a perfect fit according to need.


The Fourth Industrial Revolution is both inclusive and human-centred. This revolution is about much more than just technology; it is an opportunity to unite global communities, build sustainable economies, adapt and modernise, reduce material and social inequalities, and commit to values-based leadership of emerging technologies.

Therefore, the Fourth Industrial Revolution is not a prediction of the future but a call to action which took place. It is a vision for developing, empowering, collaborative, and sustainable foundation for social and economic development, built around shared values of the common good, and human dignity. 

FAQ’s on Fourth Industrial Revolution:

Must read article: 

AI in Healthcare: A Trillion-Dollar Opportunity for India

Artificial Intelligence (AI) is prevalent in the business world and is now applied in healthcare. The rise of data implies the increasing use of Artificial Intelligence (AI) for health care. 

The main area where Artificial Intelligence is being applied is early disease diagnosis, drug design process, drug trials, diabetic retinopathy, cancer treatments, cardiovascular disease, and eye care.

Artificial intelligence for healthcare expenditure in India is expected to reach $11.78 billion by 2025. And also estimated to add $1 trillion to India’s economy by 2035. The huge growth in investment, particularly in AI, is being done for many reasons. 

India has just 64 doctors available per 100,000 people compared to the global standard of 150 doctors per 100,000 people. Primary healthcare in India lacks infrastructure in rural areas. 

This translates to a lack of high-quality diagnostic services in rural India which is home to more than 60% of the population. Even in Urban areas, the impact of technology has been modest.

Online doctor consultations and chatbots for healthcare systems using artificial intelligence received a big hike during the COVID – 19 but the impact has not been as transformational as expected.

Integration of AI in healthcare is not a one-day dream. It requires the government to introduce AI Courses and AI-based curricula in schools and colleges, especially medical and health science colleges.

Leveraging predictive analysis using Artificial Intelligence (AI) for early detection or diagnosis can become an asset in the healthcare industry in India, especially in rural India where there is a lack of basic infrastructure and even healthcare experts.

AI-based technologies can help bridge the gap between supply and demand of healthcare industry growth in India which is expected to become a $372 billion industry this year.

The Role of Artificial Intelligence (AI) in Healthcare

The Role of Artificial Intelligence (AI) in Healthcare

AI expenditure in India increased by over 109% since 2018, making it a $665 million industry. It is estimated to reach $11.78 billion by 2025, adding $1 trillion dollar to India’s economy by 2035. AI is already being integrated into diagnosis and pior detection methods.

NITI Aayog, a public think tank, policy, and program framework for the Indian government has been testing the application and aim here is to integrate AI-based technologies with portable screening devices that can accelerate eye screening and early diagnosis, especially in rural and remote areas growth of the healthcare industry in India is increasing.

AI-based technologies are being tested for cancer research. AI-based tools can use high-quality de-identified pictures to detect biomarkers. Recently the companies that are using, artificial intelligence in India are Tata Medical Center and the Indian Institute of Technology launched India’s first de-identified cancer image bank: the Comprehensive Archive of Imaging.

 Artificial intelligence in the healthcare industry can use public health data to identify risk factors associated with cardiovascular disease. Microsoft’s AI Network for Healthcare and Apollo Hospitals are developing a machine learning model to predict the potential risk of heart attacks using clinical and lab data from around 400,000 patients. 

The AI solution can identify new risk factors and gives a heart risk score to patients without the need for a detailed health check-up.

Predictive analysis uses of AI in healthcare are also used in the drug design process. AI has the potential to accelerate the hit-to-lead stage of early drug discovery and gives accurate results of the drug.

Challenges while integrating AI into Healthcare

The primary requirement to integrate AI in healthcare is public health data, which is also one of the potential risk factors. AI-based tools and technologies require massive amounts of patient data. Fragmented or inaccurate data can increase the risk of artificial intelligence in healthcare inaccurate decisions like inappropriate drug prescriptions or disease detection. Thus, patients must realize how their data is being used to train the AI models and provide accurate data.

The healthcare industry should also realise that the integration of AI in healthcare is just not the end. A high level of automation based on AI could compromise physicians’ ability to detect mistakes in any stage of AI integration and lead to an overreliance on AI-based tools.

Artificial intelligence companies in India should support healthcare decision-making, not be used to automate decision-making. AI-based tools should never be replaced with primary healthcare, but should instead help in giving advanced tools and infrastructure to rural populations.

Major players in the healthcare industry in India

  • Apollo Hospitals Enterprises Ltd.

  • Aster DM Healthcare Ltd.

  • Dr. Lal PathLabs Ltd.

  • Fortis Healthcare Ltd.

  • Healthcare Global Enterprises Ltd. ( HCG)

  • Indraprastha Medical Corporation Ltd. ( Indraprastha Apollo Hospital, Delhi)

  • Narayana Hrudayalaya Ltd.

  • Piramal Enterprises Ltd.

India’s way forward AI 

AI maturity in the healthcare AI market requires critical investments in the capacity of the workforce, data and infrastructure, governance and regulatory mechanisms, design and processes, partnerships and stakeholders as well as innovative business models.

Integrating AI into healthcare systems also requires an understanding of artificial intelligence India curricula for medical and public health students, both academic and practical.

The Indian government will need to make appropriate investments in data infrastructure, such as interoperability, unified EMR and data stewardship. This is very important to build trust and long-term integration of AI into India’s healthcare system.

The Indian government must also invest in and build public-private partnerships across the healthcare industry to facilitate coordination between academia, government, industry, NGOs and organizations. They should scale governance and regulatory mechanisms to offer appropriate oversight for privacy, fairness and transparency.

India is a founding member of the Global Partnership on AI alliance and has thus far adopted a measured approach to the integration of AI, in keeping with ethical and responsible standards of the country. These principles must be applied in practice as the technology scales on a higher level.

Factors leading to the growth of the healthcare industry in India

Factors Leading To The Growth Of The Healthcare Industry In India

1) Affordable

All positive factors boosting the Indian Healthcare industry begin with an increase in government expenditure. In the Union Budget of 2020-21, the government launched an encouraging allocation of USD 9.87 billion towards the healthcare sector while ensuring an increase in healthcare spending to 3% of the GDP by 2022. 

Many Indian hospitals and diagnostic centres have been attracting Foreign Direct Investment in the past few years. The medical space is filled with many opportunities for people, in urban and rural areas. Such things have boosted competition and raised industry standards significantly. 

Medical tourism has been and will keep the leading segment owing to advanced techniques and well-trained medical professionals available in India. 

2) Mobile Health

Mobile Health or MHealth application of artificial intelligence in healthcare is a part of the remote healthcare service sector that caters to people in the comfort of their homes. It also includes tools that can accurately diagnose, track health, and educate health workers and people in general.

MHealth is especially relevant to these times and many companies have already jumped on the MHealth bandwagon, including Consumer Tech and Pharma companies. It helps many companies and medical practitioners to be reached by far-off consumers that reside away from quality hospitals and medical facilities.

Technology fuels the MHealth industry with IoT-backed devices, Remote Patient Monitoring (RPM) and Disease Management applications for patients with long-term conditions such as diabetes, high cholesterol, obesity and more.

3) Focus on Wellness

The lockdown has caused stress levels to rise and in turn affect people’s health for the last 2 years.

This has brought all areas of wellness into focus including emotional, occupational, environmental and social wellness. Companies catering to matters such as post-traumatic stress disorder, insomnia, anxiety and related psychological problems have begun creating apps, networks and modalities to reach out to a wider number of people.

 People witness a rise in fitness experts, nutritionists and alternative therapy practitioners such as yoga and meditation therapists, making the wellness sector a contributor to the Indian Healthcare Industry.

Hence, These are three primary areas of improvement and growth expected from the healthcare sector. The massive scope of healthcare and let multiple players with unique specializations operate within a booming and vital sector, fore-casted to create ripples, globally.


India’s adoption of Artificail intelligence into healthcare can enable it to bridge the imbalance between the increasing rural population and the country’s lack of basic healthcare infrastructure. India can become a front-runner among emerging AI  markets and meet its sustainable development goals soon.

FAQ’s on AI in Healthcare:

Must read article: 

Everything About ISO Certificate- Types of ISO & How to get ISO certification In India

Startup Schemes In India – List Of Government Programs

Are you passionate about starting your own business? Do you wish there was a way for you to get access to the funds, mentorship, and resources you need to succeed? Fund for Startup India is a flagship initiative of the Government of India with the agenda to support startups and entrepreneurs in the country actively. 

The main objective of the government program is to create a robust ecosystem that nurtures and protects innovation, entrepreneurs and startups in India and tries to generate large-scale employment opportunities and lead to the sustainable economic growth of the country.

The Indian government initiative came up with the Aatmanirbhar Bharat mission and the ‘Make in India’ program under which they launched various schemes, with the aim of transforming India into a global business hub.

In India, there are hundreds of government schemes covering every aspect of creating and maintaining a successful business. These are designed to attract new entrepreneurs and help existing ones stay afloat. Whether you’re starting out of college or looking for ways to grow an established company, these programs could be the key to success.

Today, India is the third-largest startup ecosystem worldwide. The country has over 100 unicorns and more than 60,000 startups operating within the country. This success can be partly attributed to the active support provided by the Indian government to startups and entrepreneurs through its various schemes and programs.

The success of small businesses is vital for economic stability and growth. The Government of India has launched several programs and schemes in the past few years that are customized for entrepreneurs and startups. These plans provide funding and other resources such as subsidies, grants, training, incubation centres, mentorships etc.

Here’s a list of some of the most beneficial startup schemes in India for aspiring entrepreneurs.

12 startup schemes in India – A list of government programs

1) The Venture Capital Assistance Scheme

Ministry of Agriculture and Farmers Welfare

Venture Capital Assistance is financial support in the form of an interest-free loan provided by the Small Farmers Agribusiness Consortium (SFAC) to qualifying projects to meet the short-in capital requirement for the implementation of the project.


Help in assisting  agripreneurs to make investments in setting up agribusiness projects 

Provides financial support for preparing bank Detailed Project Reports (DPRs) through the Project Development Facility (PDF).


  • Farmers
  • Producer Groups
  • Partnership/Proprietary Firms
  • Self Help Groups
  • Companies
  • Agripreneurs
  • Units in Agri export zones
  • Agriculture graduates Individually or in groups for setting up agribusiness projects.

2) Support for International Patent Protection in Electronics and & Information Technology (SIP-EIT)

Ministry Of Electronics & Information Technology

SIP-EIT is a scheme to offer financial support to (MSMEs) Ministry of Micro, Small & Medium Enterprises and Technology Startup units for international patent filing to encourage innovation and recognize the value and capabilities of global IP along with capturing growth opportunities in Information and Communication Technology in Education (ICTE) sector. 

Benefits :

  • Financial support is offered for international filing in the Information Communication Technologies and Electronics sector.
  • The Reimbursement limit has been set at a maximum of INR 15 lakhs per invention or 50% of the total charges incurred in filing and processing a patent application.
  • The SEP-EIT scheme can be applied at any stage of international patent filing by the applicant.
  • Eligibility:

    Above 18 years old anyone can apply.

    3) Startup India Seed Fund Scheme

    The Startup India Seed Fund Scheme aims to offer financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialisation. 

    On February 5, 2021, the Government of India made an official announcement about the approval of the scheme. It has been approved for a period of four years and was implemented on April 1, 2021.

    >> How to apply for startup India seed fund.

    Startup India Seed Fund Scheme (SISFS) gives financial assistance to startups for proof of concept, prototype development, product trials, market-entry, and commercialization. 


    Eligible startups can apply for the scheme on the Startup India portal.

    4) MUDRA Yojana

    Launched in 2015, MUDRA Yojana comes under Pradhan Mantri Mudra Yojana (PMMY), a loan scheme provided by banks for individuals, startups, and business owners, across India.

    Under this scheme, a loan amount of up to Rs. 10 lakh is for those who want to start their own business or expand the existing business. The loan amount comes under three categories named Shishu, Kishor, and Tarun.


    • Apex Refinancer.

    • MUDRA Architecture Indigenously Conceived for the Indian context.

    • Inclusion of Last Mile Financiers – a game-changing idea.

    • Help expand Access to finance for micro-enterprises.

    • Lower Cost of Finance.

    • Credit Plus Approach.

    • Mass Entrepreneurship Development and Growth.


    Any Indian Citizen, who is eligible to avail of a loan and has a business plan for income-generating activity,

    5) Qualcomm Semiconductor Mentorship Program (QSMP)

    Qualcomm, the mobile chipset manufacturing company, has partnered with the Centre for Development of Advanced Computing (C-DAC) to conduct the Qualcomm Semiconductor Mentorship Program (QSMP) in 2022 for startups that are working in the Indian semiconductor space sectors. 


    Gives you the opportunity to connect with C-DAC, ISM ( MeitY), DPIIT, Invest India, and other government agencies. 


    Qualcomm Semiconductor mentorship Program is a first-of-its-kind initiative for semiconductor startups in India.

    6) Digital India Bhashini Scheme – Government Scheme of India

    Digital India Bhashini was an initiative that Prime Minister Narendra Modi launched along with a slew of other initiatives like Digital India GENESIS and Indiastack.global, to boost Indian startups, and to provide funds for startups in India as he declared Digital 

    India week 2022 in Gandhinagar on July 4, 2022. 

    The scheme aims to help startups and entrepreneurs with easy access to the internet and digital services in vernacular languages.


    It will empower Indian citizens by connecting them to the Digital Initiatives of the country in their own language, thereby leading to digital inclusion and encouraging startups’ participation.


    Eligible for every citizen of India.

    7) Digital India GENESIS

    Digital India GENESIS is a scheme that Prime minister Narendra Modi launched on July 4, 2022. The “GENESIS” in the scheme helps “Gen-next Support for Innovative Startups”. This will empower national deep-tech startups. The total budget of this programme is disclosed, which is around Rs 750 crore.


    Around 12000 post office branches in rural areas have been linked electronically. The Make in India initiative has offered the electronic manufacturing sector in India. The Digital India plan could boost GDP. 


    Its focus is to offer a one-stop search and discovery portal where users can find schemes that they are eligible for.

    8) India Water Pitch-Pilot-Scale Startup Challenge

    The government of India launched a startup challenge on March 12, 2022, which was declared by Union Minister Hardeep Singh Puri, where selected startups of India will get a grant of Rs 20 lakhs along with support and mentorship from the Ministry Of Housing And Urban Affairs, participate in this startup challenge, which aims to empower as many as 100 startups in the water sector.

    This scheme comes under Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0, Minister Puri declared that this initiative will help the water sector startups and lead them towards growth “through innovation and design that will drive sustainable economic growth and generate employment opportunities in the country.”


    The 100 final chosen start-ups in the India Water Pitch-Pilot-Scale Start-up Challenge will be given a grant amounting to a maximum of Rs. 20 lakhs, in three tranches of Rs. 5 lakh and Rs. 7 lakh.


    All entities are recognised as start-ups by the Department of Promotion of Industry and Internal Trade (DPIIT).

    Start-ups must provide solutions in the above-mentioned thematic areas.

    9) Dairy Processing and Infrastructure Development Fund (DIDF)

    This scheme comes under the agriculture ministry  Narendra Singh Tomar was allocated a total amount of Rs 1.31 lakh crore in the 2021 Budget, which has been increased to Rs 1.32 lakh crore in the Union Budget 2022. 

    A fund consisting of blended capital that will be raised under the co-investment model will be facilitated through NABARD, which will finance the agritech startups and rural enterprises that are relevant to farming sectors and the Finance Minister of India.

    Nirmala Sitharaman further added that the use of ‘Kisan drones’ will see a new encouragement to farming sectors, facilitate effective crop assessment, digitization of land records, and the spraying of insecticides and nutrients required in farming.


    The Scheme envisages providing loan assistance to State Dairy Federations, District Milk Unions, Milk Producers Companies, Multi-State Cooperatives and NDDB subsidiaries across the country who are termed Eligible End Borrowers (EEBs).


    The scheme is available for Milk Unions, State Dairy Federations, Multi-state Milk Cooperatives, Milk Producer Companies and NDDB subsidiaries.

    10) Loan For Rooftop Solar Pv Power Projects

    To build reliance on non-conventional sources of power, the government of India has decided to set up 40,000 MWp of Grid-Interactive Rooftop Solar PV Plants in the coming five years. 

    These rooftop solar PV plants will be set up in residential, commercial, industrial, and institutional sectors in India and shall range from 1 kWp to 500 kWp in terms of capacity only. 

    Such rooftop plants are economically viable since they can produce electricity using solar energy at about INR 7 per kWh without any subsidy requirements. The government also offers a subsidy of 15% on these plants to the associations or individual companies, making the scheme even more lucrative. 


    It is cheaper than the conventional electric supply and government subsidies also help bring the cost down. 

    Low maintenance charges are most rooftop solar systems have a life expectancy of up to 25 years and need only basic maintenance such as regular cleaning and repairs.


    Solar Loan eligibility criteria for salaried, and individuals.

    11) Modified Special Incentive Package Scheme (M-SIPS)

    The government of India has approved a special incentive package to boost large-scale manufacturing in the Electronic System Design and Manufacturing (ESDM) industry. 

    Under M-SIPS, the Indian government will offer a subsidy of 20% on capital investments in special economic zones (SEZs) and 25% on capital investments in non-SEZs for the individual firm. It also offers the reimbursement of CVD/excise on capital equipment for non-SEZ units. Reimbursement of central taxes and duties is also offered for high technology and high capital investment units.


    M-SIPS offers a subsidy to invest in the expenditure of electronic goods manufacturing.


    The applicant is eligible to avail of this scheme if the investment ranges between one crore and 5000 crores based on the type of project.

    12) Samridh program

    The Government of India has launched the MeitY SAMRIDH Scheme and its main objective of the scheme is to provide funding support to startups so that they can become successful. Through this scheme, not only funding support but also skill sets will be offered to the entrepreneurs.


    The SAMRIDH scheme will provide support to selected Accelerators for extending Accelerator Services as defined below to startups and even provide the first round of funding of up to ₹40 lakh (with an average of ₹ 30 Lakh per startup per cohort).


    To start a startup, it is mandatory for the entrepreneurs to be from the country of India.

    13) Aspire

    A Scheme for the promotion of Innovation, creativity, rural industries and entrepreneurship by the government of India and the Ministry of MSME

    It was launched to set up a network of technology centres and to set up incubation centres to accelerate entrepreneurship and also to promote startups for innovation, and creativity in the agro-industry.

    How to apply:

    The application can be sent to the Aspire Scheme Steering Committee of the Ministry of MSME. The Scheme Steering Committee will be responsible for complete policy, coordination, and management support. The Council will be chaired by the Secretary of the Ministry of MSME. And anyone above 18 can apply for the scheme. 


    • Create new jobs and reduce unemployment.

    • Promote entrepreneurship culture in India.

    • Grassroots economic development at the district level.

    • Facilitate innovative business solutions for un-met social needs.


    The applicant has to be more than 18 years old with nationality being an Indian resident. 

    14. Digital India BHASHINI

    ‘Digital India BHASHINI’ seeks to enable easy access to the internet and digital services in Indian languages, which includes voice-based access and helps the creation of content in Indian languages. It was started by Prime Minister Narendra Modi at the inauguration of Digital India Week 1 2022 at Gandhinagar, Gujarat. 

    Digital India BHASHINI, as India’s Artificial Intelligence (AI)-led language translation platform, will enable vast citizen engagement to build multilingual datasets through a crowd-sourcing initiative called Bhasha Daan.


    • It will empower Indian citizens by connecting them to the Digital Initiatives of the country in their own language leading to digital inclusion.

    • It will also encourage the participation of startups.


    It is for every Indian citizen.

    15. Atal Innovation Mission (AIM)

    Atal Innovation Mission (AIM), NITI Aayog is the Government of India’s flagship initiative to boost a culture of innovation and entrepreneurship in India and was started in 2016. 

    Towards this end, AIM has taken a holistic approach to ensure the creation of a problem-solving innovative mindset in schools and creating an ecosystem of entrepreneurship in universities, research institutions, and private and MSME sectors. 

    Today, all AIM initiatives are monitored and managed systematically using real-time MIS systems and dynamic dashboards. AIM is also presently having its programs reviewed by third-party agencies to ensure continuous improvements; this scheme is available for students from grades 6 to 10.


    AIM’s objective is to develop new programmes and policies for fostering innovation in different sectors of the economy, offering platforms and collaboration opportunities for different stakeholders, and developing an umbrella structure to oversee the innovation & entrepreneurship ecosystem of the country.


    Eligible Non-Academic applicants


    The Indian government promotes these schemes to help the present group of startups benefit from them but also motivating the entrepreneurs, startups, and youth from all domains, who tend to be independent, and strong in the world market and lead the vision of Atmanirbhar Bharat. 

    These initiatives have been introduced for the development of the Indian startup ecosystem in the country.


    Must read articles: 

    Dream11 Story – India’s Best Fantasy Gaming App!

    Fantasy sport is what most young people are fans of today. With fantasy sports, sports lovers need not just to enjoy a game by being a spectator, but can also create an imaginary team (of real players) of their own choice and earn rewards or online cash when this fictional team performs well.

    Today because of the mobile and internet revolution, the fantasy gaming industry is booming in India as well. Dream11 was founded back in 2008 by two young founders Harsh Jain and Bhavit Sheth.

    Dream11 is an application that allows you to create imaginary teams of your favourite sport. The catch here is that the users can earn cash based on the match performance of the selected players on their teams.

    Moreover, Dream11 allows its users to play games in categories like cricket, football, kabaddi, National Basketball Association, and many other fun games.

    Dream11 ‘Jab Dream bada ho, toh koi akela nahi hota. Dream Big’

    Dream11 is one of India’s biggest Sports gaming platforms in India and successfully registered more than 140 million in 2021. Sports is a passion for many, and there are many who have very good knowledge of sports. Dream 11 is a platform that lets such sports fan use their knowledge and love for sports and earn profit. The platform has currently grown to over 13 Crore users.

    Dream Sports is a sports technology company whose people include brands including Dream11, FanCode, DreamX, DreamSetGo, and Dream Pay.

    Dream Sports is building a vision of ‘Make Sports Better’ into action by providing a variety of ways for fans to connect personally with the sports they love, including fantasy sports, material, commerce, experiences, and events.

    Dream11: How to register yourself

    For signing up for the Dream11 application you just need to do the registration process of the Dream11 app, then here are a few easy steps that you can follow to sign up:

    How to register yourself for the Dream11?

    • First, you need to download the Dream11 app on your mobile devices through the play store or app store.

    • Next, you need to register on the app with your mobile number or email id and then the OTP will send to you on your email or phone number provided by you.

    • Finally, you can select your match, create your personal team and start playing according to your previous.

    Dream11 – Industry

    The online gaming sector in India has undergone huge changes in the last few years. as Of June 2021  KPMG (Klynveld Peat Marwick Goerdeler) estimated the online gaming market of India to grow at a CAGR of 21% between FY21 and FY25, which will help the gaming industry achieve a size of Rs 29,000 crore.

    Besides, India’s fantasy sports and gaming industry is estimated to be valued at $3.7 billion by 2024 growing at a CAGR of 32%.

    The target audience of Dream11

    The target audience of Dream11 is sports fans and enthusiasts from 20 to 35 years of age. Furthermore, the company has disclosed the maximum transaction on the platform. The future of fantasy sports in India is certainly massive with new players.

    Dream11 – Founders and Team

    1) Harsh Jain (Co-founder and CEO)

    Harsh Jain is a graduate of the University of Pennsylvania and has an MBA degree from Columbia Business School. Before launching Dream11, he launched and led the acquisition of Red Digital (a social media agency) by Gozoop. He is currently the President of the Federation of Indian Fantasy Sports, and also being the Cultural Enforcement Officer (CEO) and Co-founder of Dream11.

    2) Bhavit Sheth (Co-founder and COO)

    Bhavit Sheth is an Engineer with an MBA degree from Bentley University (Boston) and did his Diploma in E-commerce strategies from Harvard. He co-founded Dream11 and is also the COO of the company. And also the Co-founder of Red Digital along with Harsh, which was acquired later on by Gozoop.

    Dream11 – How it Started / Success story?

    Harsh Jain and Bhavit Sheth, both childhood sports enthusiasts, co-founded Dream1. The Indian Premier League (IPL) was the incentive for the new fantasy sports industry to emerge in India. In a country with billions of cricket fans, Harsh and Bhavit thought of creating the company with the belief that sports fantasy leagues would become a profitable service opportunity in the country.

    In 2012, the company started its first freemium service; from there, the real journey started. They also asked out other investors for funding and invited them to join their venture.

    Dream11 – Funding and Investors

    Dream11 has notably raised funding from various famous investors including the Chinese giant, Tencent, which invested $100 million worth of funds through a Series D funding round in September 2018.

    On November 24, 2021, this funding round helped it raise around $840 million.

    On November 25, 2021, the company raised 9 rounds of funding to date to close at $1.62 billion. The last funding round was led by Falcon Edge, DST Global, D1 Capital, Tiger Global, and Redbird Capital, along with participation from TPG and Footpath Ventures.

    Dream11 – Mission and Vision

    The Dream11 vision primarily is to make fantasy sports a part of every sports fan’s life from fans to athletes, teams, and leagues to create an entrepreneur-led virtuous cycle of investment, innovation and wealth creation for all stakeholders in the sports ecosystem.

    Dream11 – Business Model / How does it Work?

    Dream11 does not earn revenue from the company through Google ads or other ad agencies. They make a profit by hosting fantasy games on their website and app. Early they were using Google AdSense, but soon they stopped doing so in order to provide their players with a simple and fast user experience.

    12% of Dream11 players participate in paying contests which go on websites and apps.

    this is important because converting a free player to a paying user is difficult and expensive. Dream11 supports all three types of gaming methods (freemium, premium, and private) which is for fantasy sports players to earn money.

    Dream11 – Revenue Model

    Dream11 generates revenue through entry-level fees from the participants who are taken for the paid contests. When the users earn on their real-time performance of the players, Dream 11 takes its cut, which means their shares account for about 15-20% of the total pool prize.

    Dream11 – Startup Challenges

    Legal challenges, particularly because of its similarity to gambling, which is a largely illegal crime in the country.

    Dream11 started its fantasy sports start-up with only a few thousand dollars, but it quickly expanded its business model and needed a series of angel investor investments.

    But later, the court ruled from their side. Fantasy sport is a game of skill & knowledge rather than chances and probabilities. But still, the game is not allowed in some states of India like Odisha, Assam, Telangana, and Andhra Pradesh.

    Dream11 – Growth and Revenue

    The Dream 11 worth has currently been estimated at around $8 billion, which was confirmed after the recent funding round worth $840 million on November 24, 2021.

    In March 2021 the company had quite a growth of 80% of the growth it showed before the pandemic, as reported.

    Dream11 – Competitors

    Dream11 being number one in its industry, there are around 60 other online gaming platforms operating in the same genre.

    Some of the other market competitors:

    • FanMojo

    • Mobile Premier League

    • Ballebaaz

    • HalaPlay

    • Gaming Monk, etc.

    Dream11 – Awards & Achievements

    • In 2018 dream11 collaborated with International Cricket Council (ICC), The Pro Kabaddi League (PKL), the world basketball League (WBBL), The international hockey Federation (FIH), and the British Basketball League (BBL) and released two new games Kabaddi and hockey the same here.

    • In October 2019 dream11 became the title sponsor of Super Smash domestic T20 tournament cricket by Newzealand cricket for 6 years.

    • Dream11 emerged as an official partner of Indian Premier League CID after funding 2.2 to billion dollars in August 2020.

    • In IPL 2021 dream11 promoted six new campaigns with the tagline ‘Team has to maja hai’ which celebrated the fandom of cricket.


    Dream11 is the world’s most popular fantasy sports platform in India with more than 120 million people participating in fantasy cricket, football, kabaddi, basketball, hockey, volleyball, handball, and baseball and trying their luck in gambling.

    Dream11, a native Indian brand, let Indian sports fan participate in real-life athletic events and demonstrate their sports knowledge to earn cash. Dream11 is the flagship brand of a renowned Sports Technology company in India.

    FAQ’s on Dream11:

    Must read articles:

    Top 10 Made In India Brands

    Swadeshi means ‘from our country’ , one of the first words that emphasize the importance of products that originated from the country. The word has huge importance in its name also because its history is traced down to the national independence movement when Indians boycotted foreign products to encourage domestic products in the country.

    Recently, we are surrounded by an excess of brands, most of which are dominated by brands from around the world. But, India is known for developing its own products, methods & tools for manufacturing almost every kind of product you can think of. Made-in-India products are currently generating a lot of buzz in the country and on an international level.

    Made In India

    For years policymakers of India have been debating how to give an impetus to manufacturing in the country and make India a Global Manufacturing Hub. Narendra Modi the Prime Minister of India, who within a matter of months, launched the ‘Make in India’ campaign to facilitate investment, foster innovation, enhance skill development, protect intellectual property & build best-in-class manufacturing infrastructure.

    This program has helped in reducing unemployment rate in India and increasing employment opportunities. The main aim of this initiative is to develop a domestic manufacturing base in order to reduce dependence on imports and protect national security. Nowadays, industries like electronics, automobiles, steel, chemicals, etc., have got huge growth due to this initiative.

    Check out these 10 Made in India brands

    1) Lakmé

    Industry:  Personal care and Beauty salon

    Founders: J.R.D Tata

    Products: Cosmetics, beauty products, and Salon services


    • Tata Group (1952–1998)
    • Hindustan Unilever (1998–present)

    Lakmé is an Indian cosmetics, beauty products, and Salon services brand, Today it is owned by Hindustan Unilever. The brand was named after the French opera Lakmé, which is the French word for goddess Lakshmi, who is renowned for her beauty.

    It was started in 1952 as a 100% Tata Oil Mills subsidiary. The brand got popular after Prime Minister Jawaharlal Nehru was concerned that Indian women were spending foreign exchange on beauty products and asked JRD Tata to manufacture them in India.

     In 1998, Tata sold its stake in Lakmé to Hindustan Unilever for ₹200 crores.

    Lakmé’s most selling products are coloured cosmetics products such as lipsticks, eyeliners and BB cream. In 2018, it launched its e-commerce platform.

    According to the Brand Trust Report, 2014Lakme was ranked 36th among India’s most trusted brands.

    As of 2021, Lakmé is also working in 485 beauty salons under Lakmé Lever. The company is the title sponsor for Lakme Fashion Week (LFW), a bi-annual fashion week which takes place in Mumbai, India.

    2) Royal Enfield

    Industry: Automotive

    Founders: Albert Eadie and Robert Walker Smith

    Products: Motorcycle

    It is an Indian motorcycle company with factories in Chennai. The company makes the Royal Enfield Bullet and other single-cylinder motorcycles in India. The brand was established in 1955 and is one of the oldest motorcycle companies in the country.

    In 1899, it started manufacturing a quadricycle called the Royal Enfield Quadricycle which was powered by a rear-mounted engine. It was early begun as a brand of the Enfield Cycle Company, a British manufacturing company, then produced the 500 cc bullets.

    It is a leading manufacturing company that manufactures bullets worldwide and was looking to upgrade its IT infrastructure using industry-leading solutions.

    The brand manufacturing plants are in Thiruvottiyur, Chennai, Oragadam Chennai, Sipcot Industrial plant, Chennai and Campana, Argentina.

    The tagline of Royal Enfield is “Jab Bullet Chale Toh Duniya Raasta De ” which is beautiful as it is a motorcycle that enjoys an overpowering presence as people have had to make way for it.

    3) ITC

    Industry: Conglomerate

    Founders: Sanjiv Puri


    1. Consumer goods
    2. Apparel
    3. Education
    4. Hotels and Resorts
    5. Paperboards & Specialty papers
    6. Packaging
    7. Agribusiness
    8. Information
    9. Technology

    Cigarettes Imperial Tobacco Company of India’ also known as ‘ITC Limited ‘is one of India’s largest corporations. ITC has a history of over 110 years and is still successful in ruling the Indian market.

    The company has a very diversified business like fast-moving consumer goods (FMCG), Hotels, Cigarettes, packaging, paper boards and many more. Starting as a cigarette-making company and now running more than 25 huge brands, their journey is just remarkable.

    As of 31.03.2022  ITC is one of India’s foremost private sector companies with a Gross Sales Value of ₹ 90,104 crores and a Net Profit of ₹ 15,058 crores. ITC’s aspiration to be a model in sustainability practices is manifest in its status as the only company in the world, of its size and diversity, to be carbon, water and solid waste recycling positive.

    In addition, ITC’s businesses and value chains create sustainable livelihoods for more than 6 million people who represent the poorest in rural India.

    4) DailyObjects

    Industry: Tech and lifestyle brand

    Founders: Pankaj Garg

    Products: Electronics

    DailyObjects is a brand that manufactures electronic accessories. From amazing mobile cases to earphone holders, along with other lifestyle products such as tote bags, wallets, backpacks,etc.

    Pankaj The founder chose to quit his job and started working with his friend on a startup in 2009 called SalesDekho.com, a portal that listed companies giving discounts in Ahmedabad.

    He later converted the resources of SalesDekho.com into DailyObjects, which was launched in 2012 with a new vision of the brand. Initially, he would sell other brands’ accessories on his platform.

    However, he realised that having your own private label is very important for doing brand business. Finally, in 2014, he removed all brands from his online platform and started manufacturing and selling his own products of DailyObjects.

    5) Cafe Coffee Day

    Industry: Coffeehouse

    Founders: V. G. Siddhartha

    Products: Coffee, Tea, Pastries, Cappuccino, Smoothies

    Cafe Coffee Day (CCD) is an Indian cafe chain owned by Chikmagalur-based Amalgamated Bean Coffee Trading Company in India. This largest producer of Arabica beans in Asia grows coffee in its own estates of 12,000 acres and exports to various countries, including the USA, Europe and Japan.

    The first CCD outlet was established on July 11, 1996, in Bangalore, Karnataka. As of September 2014, there are 1640 outlets across 29 states of India. Cafe Coffee Day has also recently expanded outside India in Karachi, Vienna, Dubai and Prague.

    Today, the company is known for owning the plantations, growing the coffee, making the coffee machines and even making the furniture for its outlets.

    6) Old Monk

    Manufacturer:  Mohan Meakin


    1. Old Monk Supreme Rum
    2. Old Monk Gold Reserve Rum
    3. Old Monk extra special XXX rare Rum
    4. Old Monk Deluxe XXX Rum
    5. Old Monk White Rum

    Old Monk Rum is an iconic vatted Indian dark rum, launched in 1954. It is a dark rum with a distinct vanilla flavour, with an alcohol content of 42.8%. It is produced in Ghaziabad, Uttar Pradesh and has a registered office in Himachal Pradesh.

    This brand doesn’t do any advertising anytime, its popularity depends on word of mouth and the loyalty of customers. However, in 2013 Old Monk lost its rank as the largest-selling dark rum to McDowell’s No.1 Celebration Rum and did a great marketing.

    Old Monk has been the biggest Indian Made Foreign Liquor (IMFL) brand for many years. Old Monk was ranked 5th among Indian spirits brands in Impact International’s 2008 list of “Top 100 Brands At Retail Value” with a retail value of US$240 million.

    7) Bharti Airtel

    Industry: TelecommunicationsFounder: Sunil Mittal(Chairman)


    1. Fixed line telephone
    2. Mobile telephony
    3. Broadband
    4. Satellite television
    5. Payments bank
    6. Digital television
    7. Internet television

    Bharti Airtel Limited, also known as Airtel, is an Indian multinational telecommunications services company it also operates in 18 countries across South Asia and Africa, as well as the Channel Islands. Currently, Airtel offers 4G and 4G+ services all over India and 5G services in selected cities in the country.

    Now the brand offered services include fixed-line broadband, and voice services depending upon the country of operation. Airtel had also rolled out its VoLTE technology. It is the second-largest mobile network operator in the country and the second-largest mobile network operator in the world.

    Airtel was named India’s 2nd most valuable brand in the first-ever brand ranking by Millward Brown and WPP plc and the fourth largest in the world by subscriber base.

    8) Infosys

    Industry: Information technology Consulting OutsourcingFounder: N. R. Narayana Murthy

    Infosys Limited is an Indian multinational information technology company that offers business consulting, information technology and outsourcing services. The company was founded in Pune.

     Infosys is the second-largest Indian IT company and the 602nd largest public company in the world, according to the Forbes Global 2000 ranking.

    In 2021, Infosys became the fourth Indian company to reach $100 billion in market capitalization. Infosys is the third-largest India-based IT services company in 2014 revenues.

    On February 15, 2015, its market capitalization was 2,63,735 crores rupees, making it India’s sixth largest publicly traded company in the world. On March 31, 2014, Infosys had 890 clients in all over 50 countries including the United States, China, Australia, Japan, the Middle East and Europe.

     And keeping in sync with the youth, the brand offers apparel that cater to every fashion occasion of a young professional’s life. Aditya Birla Group’s Madura Fashion and Lifestyle is undertaking the company.

    9) Louis Philippe

    Owner: Madura hadd Fashion & Lifestyle

    Product: Men’s apparel

    Louis Philippe is a premium brand of men’s apparel originating from India.[1] It is a subsidiary of Madura Fashion & Lifestyle and the company also offers various quality designs under the guidance of Deepanshu Ranka and Saksham Jain.

    It is a division of the Aditya Birla Group and was founded in 1989. Named after Louis Philippe, King of France from 1830 to 1848, the brand is one of the largest apparel brands in India, as of 2018.

    10) Amrut Single Malt

    Amrut is a brand of Indian single-malt whisky, manufactured by Amrut Distilleries. It is the first single- whisky to be made in the country. Amrut (अमृत) or Amrit Sanskrit word which can be translated as “nectar of the gods”, “nectar of life”, or “drink of the gods”.

    Amrut Single Malt is an Indian liquor brand that gained an international level. It was credited as the world’s third-best single malt. It hides a fascinating story of the growth of a small liquor business founded in 1948 by Neelakanta Rao Jagdale ambitiously transforming it into a worldwide famed whisky company by 2009. The liquor is distilled and brewed at the Amrut distillery in Bangalore, India.


    Over the past few decades, there has been a trend to boycott Chinese products in India. Our Prime Minister has also given the slogan “Vocal for Local” to the country. It means that Indians should prefer Indian brands only over others international brands.

    India is a country that creates or manufactures the products that are going international today. Indian Brands are no less than other brands across the world. The world looks at India as a vast market for Indian Brands and in this article, we mention the top 10 Made in India brands.


    Must read articles: