Relevance of foresightedness in Startups: Understanding problems & finding solutions in the era of Industry 4.0: A perspective &view point specially relevant in Indian Context

Abstract

Opening up of a large number of Startup in India in last couple of years, have setup a new dimension of development which is fueling the creativity and imagination of our young generation. Technology innovations seem key driver of this emerging platform. The eventual success and failure of this new mode of development shall be largely depends upon our ability to understand & exploit emerging supply-demand domains affecting different phase of life. An insight into how the industry and business sector has undergone changes under the influence of technology at consumer level over last few decades need to be analyzed in great details to understand and predict the likely behavior in future so that all these possibilities may be exploited by our startups.