What do Chinese Apps ban mean to the Indian tech ecosystem?
Nawaz Gaffoor
Co Founder & CEO at Seller Square | Transforming D2C Brands | E-commerce Growth Strategies | Maximising ROI
What does it take to build a great app?
1. Talent
2. Money
3. Large Audience.
The great apps from the US and China are great because they had a large audience. Every app from the US could address 300+ Million English speaking audiences at home and Chinese apps had a Billion+ Chinese speaking audiences. So money flowed and they always had world-class talent. The difference is US apps/tech won because they had to be good right from the start, while the Chinese apps/tech grew without competition as others were shut out by the Government. The Chinese apps/tech eventually grew so well and sometimes better than the US ones by the function of the large home audience. A large audience gives invaluable realtime data to improve the app.
This is also one of the reasons why apps with home advantage will become extremely popular and powerful.
India has got talent and access to money and a large audience. This is an advantage that very few countries have.
We had our lost decades and didn't participate in computing, OS, Internet revolutions. To miss the mobile revolution would be an utter national loss. The Government of India banning 59 Chinese apps was opportunistic. I would assume this was something that the Government wanted to do for a while to give an incubation period for the Indian tech ecosystem and they found a reason and a favorable global mood to do it. I still hope this is an exception and not a norm.
Now is our moment, to build a world-class tech. We already have a fertile ecosystem. All that was needed was a little pull. The ban on apps by the Government couldn't have come at a more opportune time. We can already see the traction, Indian alternatives to Chinese apps hitting millions of downloads. Now the challenge is to make this a sustained competitive advantage by rapidly improving and innovating the product.