boAt Co-Founder Aman Gupta Says ‘Make in India’ Helped Company Become Second-Largest Audio Brand Globally
Gupta, who is a popular Shark Tank India personality, said that now, 70 per cent of the company’s products are now being made in the country.
New Delhi, March 8: Aman Gupta, co-founder of homegrown wearable and audio brand boAT, on Friday said that with the help of initiatives like 'Make in India', they have become the the second largest audio brand globally, as Prime Minister Narendra Modi congratulated him at the first National Creators' Award. Gupta, who was awarded as 'Celebrity Creator of the Year' at a packed Bharat Mandapam here, said that he aims to sell Indian products globally in the same way as people line up to buy Big Tech products in the country. Elon Musk’s X Is Hiring Engineers To Help Integrate xAI’s Models Into Social Media Platform.
"When we started in 2016 when 'Startup India' was unveiled, people did not take us seriously. Seven years later, we have become the world’s second largest audio brand," he said to a cheering applause. Gupta, who is a popular Shark Tank India personality, said that now, 70 per cent of the company’s products are now being made in the country. Indian Women Capable of Learning AI Skills and Play Far Better Role, Says Arundhati Bhattacharya, CEO of Salesforce India.
"I wish that a good tech brand goes out to other parts of the world and is appreciated the way we look at global brands," he added. India true wearable stereo (TWS) shipments grew 34 per cent (year-on-year) in 2023 and boAt led the market with 39 per cent YoY growth. boAt took the lead for the fourth consecutive year driven by affordable new launches and domestic manufacturing.
(The above story first appeared on LatestLY on Mar 08, 2024 02:05 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).