Date: October 31, 2015
- However, one common fundamental pain point highlighted by the manufacturing startups is lack of funding and venture capital enthusiasm for manufacturing startups India.
Nearly 20 manufacturing startups are showcasing their wares at CeBIT with support from STPI.
- Like any manufacturer, manufacturing startups have to bear the expenses of power, machines, building and others to name a few.
- “Everybody brags and exaggerates funding for software and e-commerce startups while ignoring manufacturing and hardware startups.
- The heart and soul of aMake in India’ and ‘Digital India’ is manufacturing… just check how much of funding trickled down to manufacturing startups,” questioned a hardware startup founder who did not wish to identify himself.
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