Why china could but not India..!? sridhar Vembu's question..!!

Sridhar Vembu, the CEO of India's famous ZOHO company, has been continuously expressing his views on the indian economy and industrial development through social media. In that regard, he has published an article comparing india and china in the category of large-scale technology companies. sridhar Vembu, CEO of ZOHO, has urged india to build $100 billion revenue technology companies. sridhar Vembu has posted about this on the X page. He asked indian companies not to focus on market valuation but to focus on revenue. sridhar Vembu mentioned that many global technology companies have emerged in china in the last 20 years and requested india to create such companies to advance its economic development.
Can india create $100 billion (not in revenue) tech companies? We need more such institutions if we want to uplift the people. china has many such world-champion companies. In the last 20 years, sridhar Vembu has mentioned that china has created them in his X site post. sridhar Vembu said that if we want to get to this place, our indian companies should stop focusing on market valuation. This would not have been possible if we had not stopped focusing on market valuation, he said. He said this is only possible with capable visionaries who are ready for the long haul and can balance their long-term goals with covering their costs in the short term. He noted that if companies focus too much on valuation, they will lose focus on the long term. sridhar Vembu also said that stock bubbles are diverting us from our goals.

He pointed out that company management is starting to focus on share price instead of focusing on improving company valuation in the short term. Shridhar Vembu gave this answer to the question of why ZOHO did not issue an IPO and listed in the stock market when potentially growing companies made their IPO and converted their company into a public company and listed in the stock market.
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Sowmiya Sriram

11/11/2024 10:36 PM