[pradeep89]

Well, I am not IITian , not even frequent commentor on HN ,I seriously think , it's the software culture that need to change . People need to change their attitude play safe. We understand working on start up idea is like walking on the edge of a cliff and you don't know when you will fall but if you have 'the drive'/guts , no body can stop us from being successful. One factor that you could think of ( may be not applicable to IITian ) the service industries are killing most of the talent in india, most of us are happy with what they are getting paid and they don't want to take the risk. And working on a startup in India is far more difficult than doing the same in US, you take example of funding , it's not as easy as US to raise funds for startup in India We can list down lot of these factors, it's true that this situation would change in few years, let's hope for the good