'Don't you dare leave India': Zerodha's Nithin Kamath shares one golden advice he gives to youngsters and why

Zerodha is India's largest retail stockbroker company.

The pioneering startup was founded in 2010 by two brothers Nithin and Nikhil Kamath, who are celebrated as one of the most successful entrepreneurs in the country.For most successful people, moving out of India once they reach the capability to do so is the ideal way forward.

However, for the Kamath brothers this move was a strict no.

When asked about life advice he would like to give young students, Zerodha co-founder Nithin Kamath said a statement that many would consider bizarre."My golden life advice to kids: Do whatever the hell you want but don't you dare leave India," he said.

In a LinkedIn post, the 46-year-old entrepreneur said whenever students ask him for advice he tells them to stay in India.

As per him, the reason is not just about preventing brain drain or fulfilling an obligation towards the nation."Whenever students ask me for advice, I say, stay in India.

Not just because we need to avoid the brain drain or that there's an obligation to the country, but because India will most likely have the best opportunities in future," he wrote.He pointed out India's young population as one of its biggest strengths.

Referring to economist Shruti Rajagopalan's observations, he noted that one in five people below the age of 25 globally belongs to India."Globally, one in five people below 25 is from India. 47% of Indians, about 650 million, are below the age of 25.

This group of young Indians has some unique characteristics," he wrote, describing them as educated digital natives with global ambitions.Build a future locallyAs per Kamath, this will not just be profitable for the youth but also the country.

In a post, he said that wealth needs to be created locally if India wants inclusive growth."I've said this earlier: for India to grow inclusively, wealth has to be created locally.

Today, much of the success of homegrown startups goes to investors outside India," he wrote.Moreover, he said the decision was fruitful for the people as well. "Staying in India and incorporating at home also saves the future hassle of paying huge taxes to flip back.

Also, the growing local pools of capital, ever-improving regulations, and the growth of IPO markets have made India a much more attractive destination than it ever was."India going globalKamath's remark comes at a time when India is emerging as one of the world's fastest-growing major economies.

From a thriving startup ecosystem to expanding digital infrastructure and rising investment in sectors such as AI, aerospace and more, the country has major potential for founders and investors both.Recently, many founders who had earlier set up base across the globe have returned to the country, recounting its potential.

Shyamal Anadkat, an Indian-origin man who led the Applied Evals team at OpenAI for four years recently revealed that he quit his job earlier this year and moved back to India.

He said he felt deeply connected to the Indian ecosystem and had been in touch with researchers, engineers and thinkers to figure out the steps ahead.He acknowledged that moving back to India felt like a "counterintuitive choice" but he no longer thought that was "true." He said what was missing in India was not the talent or the opportunities but the lack of a belief that institutions of global consequence could be built in the country. “And more importantly, the ambition and the will to pursue ideas that seem impossibly large at first.

This may be a once-in-a-generation opportunity,” he added.Anadkat, like Kamath, highlighted India's growing potential to influence the global future and economy ahead.Get the latest movie news, reviews, and celebrity updates.

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