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The IBM Institute for Business Value engaged Oxford Economics to survey Indian executives, including about 600 startup entrepreneurs, 100 venture capitalists, 100 government leaders, 500 leaders of established companies, and 22 leaders in higher education.
Our survey results revealed that startups can exploit a range of attributes and advantages unique to India. More than three-fourths (76%) of Indian executives pointed to India's economic openness as a major business advantage, while 60% identified India's skilled workforce. And 57% said that India's large domestic market provides significant advantages.