“India will play a vital role in the evolution of the global app ecosystem” – 25 quotes on trends and opportunities in India

Launched in 2014, StoryBites is a weekly feature of YourStory, with notable quotes in our articles from last week (see previous edition here). Share these 25 gems and insights of the week October 10-16 with your colleagues and networks, and come back to the original articles for more. See our special compilation of quotes related to coronavirus responses in India here.

The Indian market offers a myriad of opportunities that come and go dynamically, which is why well-researched, risk-managed quantitative investment strategies can really flourish here. – Sonam Srivastava, Wright Research

Even at the usual pace of business, India will be a $30-32 trillion economy when we celebrate 100 years of independence. – Piyush Goyal, Union Trade and Industry Minister

The RBI’s move has caused disruption among BNPL players, which will impact the market in the short term. However, the overall market growth will continue to increase. – Nikhil Reddy, Global Data

We’ve had a great start to the holiday season this year, driven largely by buoyant consumer confidence and strong demand for credit options such as EMI. -Lizzie Chapman, ZestMoney

As the recent performance of the Indian startup IPO market shows, an IPO at the wrong time can be difficult to overcome. – MobiKwik

India is currently experiencing a downturn in funding which is expected to continue over the next 12-18 months and the effects of the downturn in funding are expected to intensify in the future. – Neha Singh, Tracxn

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Today, more and more parents are looking for high quality natural baby care products. – Rishu Gandhi, Mother Sparsh

Today, plant-based alternatives are relevant for those who have gone vegan and actively understand their food choices. But much of India is still unfamiliar with this category. – Simeran Bhasin, Licious

Physicians are not only facing an increase in forensic cases, they are also increasingly subject to physical violence in the workplace even when they are not at fault. – Nitendra Sesodia, Thieme

It used to be that silver jewelry was associated more with heavy ethnic pieces, but in recent years we have seen minimalist designs crafted in silver, making them affordable for everyday wear. – Chinu Kala, Ribbons

Startups generally do not participate in materials development programs. We must be successful for it to encourage other similar startups to come to India. – Ravi Kumar, Cera Tattva

The renewable energy sector is expected to employ more than one million people by 2030, with new opportunities in infrastructure development, low-carbon manufacturing and other segments. – Siddhi Desai, Navitas Solar

Online cars are thriving in Bangalore because of the value they bring to drivers and passengers, who prefer them because of the upfront price, the lack of haggling, and the security features that come with the app. -Uber

India will have over 200 million workers under gig and formal temporary staff by 2029. – Kusha Kohli, KarmaLife

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The little girl has a serious impact on the sports diaspora. It is inspiring for future generations. – Shishir Hattangadi, MyySports

It is common knowledge that already a little girl, mainly in rural and semi-urban areas, has many difficulties to face. -Justice Sudhanshu Dhulia

Performance stress, where the woman is expected to take the lead in all activities to complete a ritual, can hamper and play with her mental well-being. – Roma Kumar, emotionally

It’s unfair that women have to do all the chores while everyone else is partying. It is particularly difficult for working women. – Shweta Papriwal, JM Financial

There are many start-up and entrepreneurship programs suitable for women [in Kashmir], but also events that offer you spaces where you can exhibit your product. – Malika Shah, Masha by Malika

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A state level committee will be constituted in Madhya Pradesh to provide facilities for contractors from SC, ST communities. – Shivraj Singh Chouhan, Chief Minister of Madhya Pradesh

India’s digital lending market has grown rapidly and facilitated $2.2 billion in digital lending in 2021-22. – Naveen Malpani, Grant Thornton Bharat

The world is looking to India to create UPI, a fintech product that has changed the way Bharat transacts. -Paavan Nanda, WinZO

Especially for higher grades, i.e. 9-12 years old, there is huge potential for penetration through hybrid offline and online models [in education]. – Vamsi Krishna, Vedantu

Rising internet penetration and growing consumer appetite for buying fashion online has shaped India’s fashion e-commerce landscape. – Ayushi Gudwani, FS Life

Influencers know their value. If they’ve seen significant growth in viewership and engagement over the past year, they’re quoting holiday season ads accordingly. – Abdul Saud Siddiqui, Optiminastic Media

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The growing domestic market promises opportunities in e-commerce, logistics, health technologies, web technologies and digital entertainment. – Rahul Nainwal, track incubator

India is well positioned to enter the metaverse in the biggest and most impactful way, and it will be through technology, creativity, culture, and commerce. – Farheen Ahmad, Interality

From leadership in app adoption to emerging as a major global development hub, India will play a vital role in shaping the global app ecosystem over the next decade. -Aditya Swamy, Google Play

YourStory also published the pocketbook “Proverbs and quotes for entrepreneurs: a world of inspiration for startups” as a creative and motivational guide for innovators (downloadable as apps here: Apple, android).