Since the inception of startup league, many tech giants have grown multiple folds. This emerging culture and growth did not stop in spite of tough fight from foreign firms. Flourishing the country with varied entrepreneurs in product and service based industries, giants like Flipkart, Ola, Housing, Grophers and Swiggy are struggling hard to compete with their foreign competitors. All of us are under the impression that Uber should be banned from India to help domestic industries grow like China. But we are not close to reality if we are thinking in that way and also not fair.
Over a couple of months, Twitter was fanned by the debate of nationalism. Yes! you might be wondering how this is related at all. According to the source, people are against Uber and Amazon as they are foreign companies with big fat wallets and they should be banned to help domestic companies. But people are missing the most important fact here. Ola and Flipkart have got so much investment from foreign investors that major chunk of its share belongs to non-Indians. To add to this, The CEO of a company is an employee. He can be fired any moment like Rahul Yadav of Housing.com. By that logic, Innovation should be given priority rather than nationalism.
Recently, Travis Kalanick (CEO of Uber) took jibe at Ola's Bhavish Aggarwal remark that the Indian government should favor local companies.
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