Get All Access for $5/mo

Raise Money And Keep That Money In Your Bank Need more initiatives in Make in India, only then manufacturing will become feasibly cheaper, say Aarin Capital's Chairman.

By Sneha Banerjee

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

World Wide Web

Entrepreneur India caught up with Mohandas Pai, Chairman of Aarin Capital to know more about Make In India, StartUp India initiative and what future holds for investors. Here are some excerpts.

There's a lot of talk about allowing valuation. As an investor what would you suggest entrepreneurs who are going to raise funds?

See valuation is a function between the buyer and the seller. The people who want to invest, suggest a price, and depending upon the supply and demand the price will be set. There will also be negotiations. My advice to everyone would be, raise money and keep the money in your bank, and don't be deterred by cash because if you're gaining money and losing cash you're going to run dry.

How do you see Make in India and Startup India doing?

Startup India will do well no doubt about that. But Make in India will be much more difficult, because of the added restrictions and regulations, the supply chain costs are very high. Make in India has started a program to reduce cost of business. Supply chain cost in India is 14 per cent of their GDP, China is 6 per cent and America is 5 per cent. We need more initiatives in that area only then will manufacturing become feasibly cheaper.

Have you seen any impact on the manufacturing sector post Startup India initiate?

Yes, I think the manufacturing sector is experiencing positive growth, they are looking for investment, and even though they are struggling right now they will do well. I think it's positive because of the efforts by the current government.

Do you see any particular domain benefitting from this Make in India campaign?

I think the growth will be across the board to all.

Sneha Banerjee

Entrepreneur Staff

Former Staff, Entrepreneur India

She used to write for Entrepreneur India from Bangalore and other cities in South India. 

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

News and Trends

Huddle Ventures Fund II Oversubscribed at INR 100 Cr

With an average USD 500k entry check and follow-on investments of up to USD 1 million per firm, the Gurugram-based firm hopes to make 20 investments from Fund II.

News and Trends

Palette Brands, Clapingo, and Finsall Raise Early-Stage Funding

Here are the Indian startups that announced early-stage funding rounds.

Science & Technology

Why We Shouldn't Fear AI in Education (and How to Use It Effectively)

Facing resistance to new technologies in the educational process is nothing new, and AI is no exception. Yet, this powerful tool is set to overcome these challenges and revolutionize education, preparing students and professionals for a future of unparalleled efficiency and personalized learning.

Business News

Y Combinator Helped Launch Reddit, Airbnb and Dropbox. Here's What I Learned From Its Free Startup School.

The famed startup accelerator offers a free course on building a business — and answers five pressing questions for founders.