Don't depend on govt procurement, explore domestic, export markets: Kant
India's G-20 sherpa Amitabh Kant on Wednesday asked startups not to get "dependent" on government procurements but instead focus on the opportunities presented by the domestic and export markets.
Speaking at a youth conference organised by IMC Chamber of Commerce, Kant also asked men to change their attitudes towards women and transfer wealth in the name of women to address the issue of gender disparity.
Both the Union and many state governments have a positive outlook on helping startups on procurements from startups. The government e-marketplace (GEM) has a dedicated 'startup runway' showcasing startups' offerings, while there in many cases, there are relaxations in rules to accommodate buying from startups.
"I am personally against governments getting into too much of startups...the dynamism of startups should be in the marketplace. the startups should not get themselves too dependent on govt procurement," Kant said.
He said the startups should focus on the large domestic market