Asia’s High-Growth Companies

Asia's hidden high-growth companies reach for the sky
https://asia.nikkei.com/Spotlight/The-Big-Story/Asia-s-hidden-high-growth-companies-reach-for-the-sky
“In India, meanwhile, high-growth companies are benefiting from the digital push that the country has seen in the past few years, aided by smartphone penetration. India's total smartphone user base is expected to grow to 829 million by 2022 from 500 million at the end of 2019, according to the India Cellular and Electronics Association.
Indian businesses are also helped by the country's demographics: About 65% of the country's population of over 1.3 billion is below 35 years of age. Fifty percent fall roughly into the "Generation Z" category -- below the age of 25. Many are keen to become entrepreneurs or to be employed as part of the current startup ecosystem, which is receiving a slew of incentives from the government of Narendra Modi in the form of speedy clearances and tax benefits”.