A country’s culture and background (a predictor of course) pretty much decides the direction of the growth in this modern world. India is a risk-averse country and people are not ready to take risks. The younger generation is coming out being more entrepreneurial but still it lacks the big impact on the society. I only wish that the politics and government policies become more open to embrace the modern infrastructure and standard of living. This will hopefully encourage the brain drain and helps smart people to stay back and for Indian origin people elsewhere in the world to go back to India. I am hopeful!
Below is a wonderful study and results on the Startups in India.