Struggling days Couple of decades ago on 1991 Indian government faced a massive economic crises. Thus, they had to liberalize the economy and in result foreign investments rose enormously before that license raj was established which resulted in few public sector getting the license for trading in steel, telco, and other profiting sectors all this changed after liberalization. Few Indian private player started to sprung up, although service based but it was a start.

Startup ecosystems Current scenario is several product based companies are starting to grow like Phonepe, Paytm, Razorpay, swiggy, zomato, inmobi and many more all this because of internet the single most thing which we take for granted it can ruin or it can save your life all depends on you how you choose to use it. Recently a Indian Saas company named freshworks became the first indian Saas company to be listed on NASDAQ.

Government's role The Indian government played a crucial part in providing the infrastructure for the private players to start their game. They enrolled UPI (Unified Payments Interface). it is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into one hood. It further gave a platform to startups like Phonepe. when Jio enrolled its free internet scheme there was a internet boom in the country. suddenly everyone could afford internet be it poor / middle income / rich everyone witnessed and extracted the "Jio sim card" as they could youngsters were using it form movies to porn and from education to entertainment there was a information blast all of a sudden. Mobile phones were cheaper than ever before so every merchant had it thus further startups like KhataBook emerged, the startup provides business owners and managers with digitizing their bookkeeping and credit balance records.

Asian Nation If we compare India with other neighbouring countries like Pakistan and china. we were way behind even in recent history of 2010. Pakistan had 8% of internet penetration rate and China had a whopping 34.3% penetration rate whereas India was 7.5%, Fast forward to 2k18 India and Pakistan grew steadily in terms of internet where Pakistan was 15% and India was 20% China on the other hand reached 60% but within a year India's stats doubled up now it had 41% ,China 64% and Pakistan on its steady rate of 17%. India has all the baseline set for it to grow at a immense rate.

Flipside Although it seems India is moving towards great prosperity but there is a catch to it despite the demographic dividend leaning towards us we will be not able to leverage it until females start participating in working culture there is a great amount of gap in participation of women in labour market only 6% percent of Indian women work. despite having MBA degrees and post-grads. they don't participate in working. We have to understand that women's participation is crucial to a nations growth. No nation in this world has been prosperous like this unless you are Saudi Arabia. we don't have oil like them to compensate.

Conclusion I can't predict what future holds for us but let's just work hard and make our nation prosper upgrade our skill's contribute to our economy and make our coming generation's live's better.