[_tw9j]

Relative to what? India has 1.34 billion people. If other countries put a million self selected students to compete with each other in a dog fight, I am sure the resulting 50k might have good chance of being similar.

Startup ecosystem is booming on foreign investment especially from china. Local investment is still dire.

[wobbly_bush]

How does this reply contribute to the discussion?

[searchableguy]

> He got his degree from IIT, a tier 1 college in India.

Students from IIT in India are filtered from millions of students. They only take about 10-15k students every year and the rest are in NIT and other relevant institutions (around 50k). About 1 million self selected students participate in jee-mains every year. I only meant to highlight that OP's friend may be biased compared to the common situation here.

Here is the article for chinese investment in top Indian startups - https://www.vccircle.com/here-s-a-snapshot-of-key-chinese-in...

With government trying to shut down foreign investment, I don't see investment opportunities in India increasing.