Jignesh Shah is a maverick entrepreneur who defied
convention and competition to create institutions such as MCX, Singapore
Mercantile Exchange, Dubai Gold and Commodity Exchange, IEX. These have been
bought by global investors such as the NYSE Group and the Government of UAE.
Talking about his future plans, Jignesh Shah said
that this time he wants to focus on the start-up ecosystem, since he believes
that startup ecosystem wouldn’t be restricted to any exchange or marketplace at
all. He said his focus will be more on nurturing and inspiring entrepreneurs on
varied scales including agriculture, genetics and robotics in which he would
play the role of a mentor because he feels that it will be a diverse structure
with an understanding of entrepreneurship.
Shah is known for his innovative zeal,
entrepreneurial aggression, and a distinct vision which can scale up markets,
be it start-ups or any other industry with the focus on creating huge
employment and value for all stakeholders.
We created 10 lakh jobs through our exchanges
during a period of ten years (2003-2013). But entrepreneurship is 100-times
bigger opportunity than what I had in the exchange space and it won't be wrong
to say that we can create minimum 1 crore jobs and up to 10 crore jobs in the
next 10 years through this start-up ecosystem," he said.
Asked to explain what kind of 'ecosystem' he wishes
to create and what areas those startups would work in, 52-year-old Shah, who
hails from Gujarat and started his career as an engineer before setting up
Financial Technologies in his early 20s, said it would not be limited to the
areas of technology and financial markets.
"It can be in agriculture, which attracts me
the most today, it can be in genetics and it can be in robotics also. There
won't be any constraints," he said.
Also Read : Modi assurance & Jignesh Shah’s vision unite as India dreams big
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