Everything Mekin Maheshwari said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Maheshwari: SMEs provide only 21% of India's non-farm employment
“Only like only about 21% of it is employed by what you would call small and medium enterprises.
most of the people are running what you would call a single entrepreneurship or what I call solopreneur.
And then there is some employment at the large enterprise …”
Maheshwari: 20% to 40% of Indian MSMEs face existential COVID threats
“And these sectors will see the kind of damage that you just talked about, right? Like almost 20 to 40% of them facing very dire situations, right? And surviving itself might be a large issue.”
Maheshwari: India needs much larger COVID relief packages relative to GDP
“When I compare our relief packages compared to rest of the countries globally I think as a percentage of GDP, we need to do a lot more.”
Maheshwari: Macroeconomic conditions do not heavily determine early-stage startup success
“The impact of macro factors on very small enterprises and very small new innovative enterprises is reasonably small to start with. Right. We were, so while the economic situation was probably not not very amenable, macro factors like internet penetration in In…”
Maheshwari: 75% of advisors warned me against joining Flipkart in 2009
“The VCs and advisors I had spoken to before joining Flipkart and 75% of them had advised against it believe that Indian consumers would probably not be able to trust online commerce.”
Maheshwari: Complete replacement of physical schools by online learning is far off
“And I think the number of those exceptions will increase for schooling to be replaced is a long, long way off.”
Maheshwari: Startups must treat layoffs as an absolute last resort during COVID
“My advice to people is that this is a time to back people. So let, let retrenchment or finding people will be The absolute last option because this is not a market where anybody is going to be able to go out and find a job. So figure out other ways and other m…”
Maheshwari: India faces social crisis unless small enterprises create more jobs
“And we were both, we were all three very clear that if India does not build an ecosystem where a large number of our people start to create healthy enterprises enterprises that can create jobs for five plus people we will be facing a very large challenge both …”
Maheshwari: 95% of employed Indian workers are in the unorganized sector
“95% of the workers, people who are employed are in the unorganized sector.”
Maheshwari: Restoring supply will be the bottleneck even if demand rebounds
“So even if demand were to come back very sharply after the lockdown, creating supply back is going to be a challenge and The measures that government can take to ease those to enable people to enable transport to work very well, raw material to be available, b…”
Maheshwari: India's COVID migrant displacement is reversible, but will take time
“Is it reversible? I think it is reversible. Will it take time? I do think it might take time.”
Maheshwari: India will likely face a glut of protective masks within weeks
“It's very likely that we may like China, we may have a glut of masks in, in a few weeks from now.”
Maheshwari's Udyam reaches 750,000 Delhi students with daily entrepreneurship curriculum
“So in Delhi, we are the curriculum we've helped the government create is the first period every day for grades nine to 12. Students about seven and a half lakh students experience this.”
Maheshwari: SMEs employ 85% of China's workforce compared to India's 21%
“And when you compare this globally, in China, for example, 85% of the workforce is employed by this middle.
Even in Bangladesh, close to 60% of the workforce is employed by this middle.”
Maheshwari: MSMEs generate ~30% of Indian GDP and employ 100M+ people
“Close to 30% of the GDP comes from the MSME sector. And it employs about over a hundred million people, right?”