For the first time, India is becoming an innovation leader and it can be the startup capital of the world, said John Chambers, founder, JC2 Ventures and chairman emeritus at Cisco.

"It is remarkable how your leaders and Prime Minister Narendra Modi is executing the things," Chambers said. Modi and his team are blowing away the hurdles in areas such as how small companies can grow bigger and are making progress."

“I learned the hard way that market transitions are what you have to focus on. While I always like to talk about the good transitions, it is also how you handle your setbacks.”

On handling market disruptions, Chambers said they were as much a product of how we handled the disruptions or the disasters as they were the successes.

“It is market transitions, it is learning from experience. If I have a talent it might be identifying the market transitions by pattern recognition and then connecting the dots and then building a great team,” Chambers added.

First Published:Nov 1, 2018 7:52 PM IST