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Chandigarh could become the next big startup hub, says Saumil Kohli
With the fast-paced growth of Indian startups, we can now see several metro cities are flourishing. Many of these startups are on the stage of building, whereas the others have already been established.
Several years from now, we can see that India will be grown into a full-fledged startup hub welcoming all sorts of entrepreneurship skills. This wasn’t the concern a few decades back. People were still skeptical than to start their businesses, probably something different than the conventional ones. Later, the people started to take up startups seriously, looking at their benefits, and it became popular.
Metro cities in India like Delhi, Mumbai, Chandigarh, Bangalore, etc., are home grounds for the startups. These cities contribute at least 70% of the total startups in India. Due to the location of several prominent education institutions in these cities, more youth live here, which in turn contributes to such a large number of startups being here.
The emergence of startups in Chandigarh.
The emergence of eight startups in 2018 has proven that the Indian ecosystem is gaining momentum. With so many government efforts pushing young talent to do business, the nation has seen many unexpected things happen to solve real problems over the years.
With Bengaluru rushing to become the country’s first country, regions such as Delhi-NCR, Mumbai, and Gujarat are set to take over. Contrary to popular belief in Punjab, known as a business community, it lacks space. The state has registered more than 140 startups with the Department of Policy and Industry (DIPP) since August 2018. The number is increasing every day.
Being the center of the Punjab and Haryana, Chandigarh, in particular, enjoys some attention from small business owners who want to enter the world of origin. The recently launched 2018 Launch by DIPP, the city was ranked among the startups. However, the potential for regional growth is acknowledged.
Saumil Kohli, an IT professional from Chandigarh, says, “Not only the government of states like Delhi, Bengaluru, and such metro cities have taken steps in ensuring the proper implementation of startup plans in the states, but the Punjab government has also ensured the budding entrepreneurs for startups.” Recently the Punjab government has announced the construction of 10 startup incubators in the state and promised to fund 1000 startups in the coming times.
“Chandigarh is still the favorite choice of entrepreneurs for establishing a startup, Mohali is also gaining popularity. It has been declared as the IT hub, and in the coming years, we can see Mohali competing with Bengaluru in terms of IT firms. WizIQ, Edurev to Jumbo Basket and Pumpkart, Mohali has already started to build some amazing startups and several coworking spaces have also come up in the city”, Saumil adds further.
The emergence of startups in Chandigarh.
The Tricity – Mohali and Panchkula, Chandigarh is emerging as the center of the IT sector in modern India. This popular ‘Tricity’ is home to many international products that thrive in modern-day India.
Saumil Kohli, an IT professional from Chandigarh, says, “As software and IT service companies are already gaining the public’s attention, young entrepreneurs/women are expected to enter the industry, determined to establish a strong first base in Chandigarh.”
Startups and Chandigarh can be talked about simultaneously due to the long-term regional encounter with the businessman. For example, Flipkart’s Binny Bansal’s belonged to Chandigarh, which influenced and encouraged several other young entrepreneurs to pursue their dream business.
“Chandigarh shares its boundaries to Punjab, Haryana, and Himachal Pradesh, attracting many investors from these states. The availability of a growing number of enthusiastic and talented people is also willing to try new opportunities and roles, serving as one of the biggest benefits the city sees.”, says Saumil.
Chandigarh’s education industry has undergone a major transformation, which has proven successful and successful adoption at the regional level. Success speaks for the city leading to new education investment investors invading the region by starting an education business.
Therefore, Chandigarh has great potential to become the country’s next startup hub. The road is probably not so simple that it comes with several challenges that need to be addressed before it can be achieved as a product.
Saira Munsif Masters in chemistry and education from hazara University. I’m a professional articles and blogs writer, have written dozens of content on different topics and worked with professionals all over the glob. Feel free to contact me for any assistance. [email protected]
