Updated By: LatestGKGS Desk
Flipkart Sachin Bansal, Ola Bhavish Aggarwal favor Make for India
Flipkart and Ola startup founders Sachin Bansal and Bhavish Aggarwal supports Make for India nationalist campaign
The famous entrepreneurs Flipkart’s Sachin Bansal and Ola’s Bhavish Aggarwal has urged the government to make policies that would support Nationalism.
Sachin Bansal wanted to urge foreign companies to invest in Indian Companies but do not conduct business in India like Amazon and Uber did.
Sachin Bansal stated that Capital plays a major role and not innovation, the Indian industries are lacking out due to capital and the markets are being distorted due to capital.
Flipkart and Ola facing threat for their Number 1 position from Amazon and Uber
The entrepreneurs say that capital inflow is quite important and the foreign companies are burning cash in a price war.
Aamzon and Uber have claimed a significant market even if they have entered the market late.
Both the entrepreneurs also claimed that the dominance of American companies will impact the high-value jobs in India.
Companies Ola and Flipkart are trying hard to raise the capital from the market at their existing valuations so they have urged PM for investments under ‘Make in India’.
