In this episode of SparX, Mukesh Bansal sits down with economist and policy thinker Neelkanth Mishra to unpack why he believes this is the true golden age of Indian entrepreneurship.

They talk about:

• Falling cost of capital and a stronger banking system expanding access to debt and equity.

• Massive domestic flows via SIPs, EPFO, and insurance fueling startups and exits.

• Policy shifts in GST, decriminalization, and state reforms that slowly ease doing business.

• The next wave beyond internet startups: fintech, precision manufacturing, hardware, semiconductors, and data centers.

• The next wave of entrepreneurship beyond internet companies: fintech, precision manufacturing, hardware, semiconductors, data centers, and chip design.

• Aadhaar’s evolution into a trust and KYC layer, and how lower unit costs in finance, education, and health can break vicious economic cycles.

• Navigating big tech power, US–China tensions, and political noise while staying focused on India’s long runway from $4T to $20T GDP.

If you’re interested in where India’s economy is really headed, how policy and infrastructure shape founder opportunities, or what it takes to build in the middle of geopolitical churn, this conversation with Neelkanth offers rare clarity, realism, and optimism.