Kapil Sharma’s brand-new cafe attracted curiosity rather than celebration. Why?

Kapil Sharma and his wife, Ginni Chatrath, started a new chapter, opening their very first cafe, “The Kaps Cafe,” in Surrey, Canada. While the achievement is widely celebrated on social media and among friends, the decision to pursue it abroad instead of in their own country invites curious minds.

Kapil Sharma with his wife, Ginni Chatrath and the Kap's Cafe (source: Instagram)

Indian comedian and television host Kapil Sharma announced a new beginning of a new chapter in his successful journey by posting on social media. With a stunning visual of his cafe on Instagram with the caption, “The wait is over. The doors are open…” Kapil Sharma and his wife, Ginni Chatrath, announced the opening of his first cafe, “The Kaps Cafe,” in Surrey, Canada.

The opening of The Kaps Cafe has sparked a wave of excitement and congratulations across social media. Fans and friends have praised the couple’s bold step and entrepreneurial spirit. Photos and videos of the cafe’s warm interiors, welcoming vibe, and unique branding are already making the rounds on social media. But the question is why Canada? Why did Kapil and Ginni choose Canada, not India, one of the largest economies in the world? The question sparks discussion again about why everyone is choosing a foreign land instead of their own country for everything from education to investment and business ventures. Let's break down the grounds briefly.

Why Canada, not India?

While the celebration is widespread, the decision to open the cafe in Canada rather than India has triggered curiosity plus questions. Kapil Sharma is hugely popular and has a massive fan base across India; the natural assumption might have been for his first food venture to be located in Mumbai, Delhi, or his hometown, Amritsar. But he chose Canada. 

Why Canada is a lucrative destination for Indian entrepreneurs

Cultural and Social Advantage

Canada is known for its multicultural society, and Indians form one of the largest and most vibrant immigrant communities in the country. This creates a strong sense of familiarity and comfort for newcomers from India. Cities like Toronto, Brampton, Vancouver, and Surrey have thriving Indian populations, making the transition smoother both socially and culturally.

Thriving Start-up Ecosystem

Canada offers excellent conditions for launching a start-up. Waterloo, for instance, has the highest number of start-ups. Entrepreneurs benefit from economic freedom, low startup costs, government support, and skilled talent, and access to the US market is another factor that helps to promote it as a perfect destination for start-ups.

Stable and Developed Economy

Canada’s strong, well-managed economy, ranked 9th globally with a GDP of $1.88 trillion, offers low tax rates and trade freedom, reducing business risks.

High Quality of Life

Canada offers an exceptional quality of life, with clean cities, a strong healthcare system, and a work-life balance blending with modern infrastructure. Canada ranks high on the OECD Better Life Index.

Start-up Visa Program

The most important thing is visa programs, Canada’s Start-up Visa provides permanent residency to qualified entrepreneurs with innovative business ideas that create jobs and can compete globally. No previous management experience is required; you just need a solid business plan, language proficiency, and financial readiness.

Attractive Tax Structure

Canada addresses one of the major concerns for entrepreneurs, its competitive and relatively low tax rates. Canada’s corporate tax rate (28%) is lower than both the US (40%) and India (35%), for foreign companies, where the corporate tax rate for domestic companies in India is 25%. This makes it ideal for profitability and growth, with a foreign location close to the US.

Conclusion

All these factors push entrepreneurs to choose foreign locations instead of India. But that is not something to celebrate. India is losing its brilliant minds due to some economic structures that don't allow entrepreneurs to thrive. 

India's startup ecosystem sees a massive surge in shutdowns in 2023-24, over 28,000. New startup launches have also significantly declined, with only 125 till March, says Financial Express, and it’s a matter of further discussion by the government and responsible bodies. If this keeps going on, we, as one of the largest economies in the world, can lose a hefty amount to straighten out our economy.