Calling Europe 'cut, copy, paste,' Zerodha CEO Nithin Kamath says he is amazed at how India came together

Zerodha founder Nithin Kamath recently took to social media to reflect on his travels across Europe, where he observed a striking uniformity in culture and lifestyle across the continent. In contrast, he highlighted India's incredible diversity and even noting how this plays a crucial role in shaping Zerodha's marketing strategies.?

"I recently returned from visiting several countries in Europe. Everything feels like a cut, copy, and paste with very small differences," shared 45-year-old billionaire Nithin Kamath.?

In stark contrast, he described India as more akin to a continent than a single country.

"The diversity in terms of languages, food, culture, etc., between the 28 states and within each state is nuts," he said. "Every time I think of this, I am amazed at how the country actually came together."

Kamath has long reflected on the challenges posed by this diversity. Last year, he shared similar thoughts, emphasising that India's complexity, as "many countries in one," makes building products or services far more challenging.?

He pointed out that catering solely to English-speaking, affluent Indians ignores the vast majority of the population.?

"'India has 140 crore people, and if X% can become customers because of Y% in a developed country,' is a dangerous line of thinking for founders and investors," he had warned. “What works in one state or region may not work in another."

Recently, Kamath had also compared India and the U.S., discussing the difference in attitudes toward success in both the countries.

In India, he observed, there's often skepticism about wealth, with people thinking, "There must be something wrong with how they earned it."?

He attributed this mindset to India's socialist roots, contrasting it with the U.S., which he described as a "pure-bred capitalist society."

Nithin Kamath had also recently also commented on Delhi's worsening air quality, with the AQI reaching hazardous levels.?

He proposed linking property prices to air and water quality as a solution to pollution.?

Kamath had suggested on X: "Maybe a property price discount for the quality of air and water is the solution. If economics accounted for this, maybe we would all figure this out. Essentially the air and water quality determines the rate for the property."

How did people respond?

The comments section quickly sparked a debate.?

While many agreed with Kamath's perspective, others criticised it as overly "idealistic."

One user said, "Well, we do have uniformity in air pollution, bad roads, and garbage-filled streets."

Another pointed out that diversity isn't unique to India, citing Singapore as an example of a country where multiple races coexist peacefully.?

"In India," they added, "common people are often treated like trash."

What's your opinion on this?

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