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Ashish Gupta, Director of SERENIA co-working spaces points out that in the last decade, the contours of ‘urban India’ have changed and blotted outside its well-known ‘metro’ cities. Businesses have opened their eyes to the fact that there is more to India than Delhi and Mumbai! According to a report by Boston Consulting Group (BCG), the population in tier II-IV will increase 4.5 times by 2025, while their spending on FMCG will be around 104bn USD by the same year.
He further explained that these days startups are emerging from cities such as Jaipur, Bhubaneswar, Pune and Ahmedabad. “This is largely due to the availability of talent, state government initiatives, local investor confidence and infrastructure support.
ENTREPRENEUR STAFF
Senior Correspondent, Entrepreneur India
Palmiva
Ashish Gupta, Director of SERENIA co-working spaces points out that in the last decade, the contours of ‘urban India’ have changed and blotted outside its well-known ‘metro’ cities. Businesses have opened their eyes to the fact that there is more to India than Delhi and Mumbai! According to a report by Boston Consulting Group (BCG), the population in tier II-IV will increase 4.5 times by 2025, while their spending on FMCG will be around 104bn USD by the same year.
He further explained that these days startups are emerging from cities such as Jaipur, Bhubaneswar, Pune and Ahmedabad. “This is largely due to the availability of talent, state government initiatives, local investor confidence and infrastructure support.
ENTREPRENEUR STAFF
Senior Correspondent, Entrepreneur India
Palmiva
Ashish Gupta, Director of SERENIA co-working spaces points out that in the last decade, the contours of ‘urban India’ have changed and blotted outside its well-known ‘metro’ cities. Businesses have opened their eyes to the fact that there is more to India than Delhi and Mumbai! According to a report by Boston Consulting Group (BCG), the population in tier II-IV will increase 4.5 times by 2025, while their spending on FMCG will be around 104bn USD by the same year.
He further explained that these days startups are emerging from cities such as Jaipur, Bhubaneswar, Pune and Ahmedabad. “This is largely due to the availability of talent, state government initiatives, local investor confidence and infrastructure support.
ENTREPRENEUR STAFF
Senior Correspondent, Entrepreneur India
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