Business potential in India is high on start-up eco system, says Jignesh Shah

Jignesh Shah’s dream has always been to make India the ‘Manhattan of the East’ so that Indian businesses trade with international financial centres. His mission has been to harness the benefits of risk management through hedging and trading leading to better price discovery.

Looking at the bright future of the youth, Jignesh Shah created and nurtured a business that made India the world's second largest marketplace in commodities trading and we were on the top in all businesses our exchanges did. He now sees 100 times bigger business potential in the Start-Up ecosystem after having set up 14 exchange companies across 6 continents in a span of 10 years in his earlier stint and feels he can create 10 crore jobs over the next decade for the country’s youth. His journey is more than thrilling, challenging and worth taking inspiration from. At present, Jignesh Shah wants to focus this time on a mentoring role and help youngsters with innovative ideas live their entrepreneurship dreams by providing them a platform for "institutionalisation, globalisation and scaling up" of their ventures.

Jignesh Shah always believed in nurturing and promoting talent, creating jobs and sustainable livelihoods, generating value for stakeholders, creating institutions and, of course, contributing to the state Exchequer.  He looked at Exchanges as the gateways between India and the world. That’s why he set up world class Exchanges in India like Multi Commodity Exchange (MCX), MCX Stock Exchange (MCX-SX) and the Indian Energy Exchange (IEX) as well as international Exchanges in Dubai, Singapore, Bahrain, Mauritius and Botswana. The aim was to make Indian Exchanges globally competitive.