Raghuram Rajan says young India has a 'Virat Kohli mentality'

Raghuram Rajan says young India has a ‘Virat Kohli mentality’

Raghuram Rajan, former Governor of the Reserve Bank of India, stated on Wednesday that a large number of young Indians are going abroad to set up their businesses because they are not happy in India. He noted that the young Indians has a “Virat Kohli mentality” and they move to places where they find access to the final markets much easier.

“They want to actually expand more globally. I think there is a young India that has a Virat Kohli mentality. I’m second to none in the world,” Rajan noted when asked about a lot of Indian innovators are now going to Singapore or to Silicon Valley.

The economist noted that there is need to focus on improving the human capital and enhancing their skill sets.

“We need to ask what is it that forces them to go outside of India to set up rather than stay inside India? But what is really heartwarming is talking to some of these entrepreneurs and seeing their desire to change the world and increasingly many of them are not happy staying in India,” Rajan said in Washington.