‘Don’t you dare leave India’: Zerodha co-founder Nithin Kamath’s advice to students goes viral

A statement by Zerodha co-founder Nithin Kamath is going viral on social media where he says that young Indians should build their careers at home and not look for opportunities abroad.Says the 46-year-old businessman, “My golden life advice to kids is do whatever you want, but don’t you dare leave India.”In a LinkedIn post, Kamath had said that whenever students ask him for advice, he tells them to stay in India. According to him, the reason is not just to avoid brain drain or fulfill an obligation to the country.“Whenever students ask me for advice, I say stay in India. Not just because we need to avoid brain drain or because there is an obligation to the country, but because India will probably have the best opportunities in the future,” he wrote.Kamath pointed to India’s young population as one of the country’s major strengths. Referring to the observations of economist Shruti Rajagopalan, he pointed out that one in five people under the age of 25 worldwide is from India.“Globally, one in five people under the age of 25 are from India. 47% of Indians, about 650 million, are under the age of 25. This group of young Indians has unique characteristics,” he wrote, describing them as educated digital natives with global ambitions.

.

Kamath has also argued that construction companies in India benefit the country in the long run. In a post, he said wealth must be created locally if India wants inclusive growth.“I’ve said it before: for India to grow inclusively, wealth must be created locally. Today, much of the success of homegrown startups goes to investors outside India,” he wrote.He also highlighted practical reasons for entrepreneurs to stay and build in India. “Staying in India and incorporating at home also saves the future hassle of paying huge taxes to move back. Also, growing local capital pools, ever-improving regulations and growing IPO markets have made India a much more attractive destination than ever before.”The post is going viral at a time when the United States is preparing to make significant changes to its immigration rules for international students. Right now, under the “Duration of Status” (D/S) system, students can stay in the US as long as they continue to study and follow visa rules. There is no fixed end date for your stay. Under the proposed new rule, students would only be allowed to stay for a set amount of time, likely up to four years in most cases.