(The Magazine Plus Editorial): – New Delhi, Delhi November 19, 2021 (Issuewire.com) – ClickBiz.in. Few would say India is a heavyweight when it comes to software development. Since the start of its technological revolution in the 1990s, the country’s IT companies have consolidated their place in the global economy as software powerhouses.
Over the past decade, more and more of these companies have sprung up and transformed the nation’s vastly undereducated population into a savvy, digital one. India is now the world leader in mobile payments according to a recent report by EIU (The Economist Intelligence Unit). Considering that mobiles are the future and that money flows are the lifeblood of the global economy, it doesn’t take too much imagination to see the Indian mobile payment players, notably PayTM backed by Warren Buffet and PhonePe, owned by Walmart, emerge as powerful players. on the international scene.
The real revolution, however, is happening below the visible surface. There are now more Indian companies serving the global community than ever before. Small start-ups run by entrepreneurs are becoming the darling of investors. From agriculture to logistics, these new companies are transforming centuries-old uncompetitive processes into lighter, faster systems.
These disruptions can be seen even in niche industries. Not many people know that India is a big player in the web development and digital marketing industry, especially for small businesses. A quick glance at freelance job websites like Fiverr or Upwork will give you a good idea of ââhow competitive and competent these companies are in their work.
A strong support structure has also emerged in recent years. For example, a company called ClickBiz has offered ready-made premium CMS-based websites to small businesses for free with their discounted hosting service. The company uses the servers of a European company called SiteGround, which is considered one of the major players in web hosting. The annual cost of this discounted accommodation is approximately $ 81 (the equivalent of 6,000). This week of Black Friday, ClickBiz took it a step further and lowered the price to $ 54 (the equivalent of 4,000) by offering a promo code: MYLIFEMYWAY (the code is valid until November 21).
Such initiatives allow even non-tech companies to enter the digital world and reach a wider audience in India. The 2020 and 2021 closures in the country have seen many traditional businesses turn to online retailers such as Amazon and Walmart-owned Flipkart. Recent entrants such as Udaan and Meesho have allowed small units and even home-based businesses to grow into e-commerce businesses.
The Indian government has also launched several initiatives for start-ups like Startup India, SAMRIDH and the I-MADE program. The focus on digital payments has further helped it break through the last mile barrier, allowing it to transfer grants and even Covid stimulus payments directly to beneficiaries’ bank accounts.
Such initiatives, unicorn start-ups, social enterprises like ClickBiz indicate strong and deep-rooted business systems in the country. India has always prided itself on being an ancient civilization. Global rankings and ratings don’t usually put it first in most factors, but the emergence of these lighter, more resilient trading systems indicates that India is likely to meet analysts’ forecasts of becoming one of the three. major players in the global economy over the next two years. decades.