SME Times News Bureau | 15 Jan, 2021
Commerce and Industry Minister Piyush Goyal said
that Indian startup ecosystem has made big progress in the last five years
since the launch of Startup India.
Inaugurating the two day ‘Prarambh’, Startup
India International Summit begin in New Delhi, the Minister said that the
partnership among the BIMSTEC countries in the sector will take startups to the
forefront of new India, new world, new neighbourhood in the new
normal.
The Summit is a demonstration of neighbourhood
first policy which will booster partnership among the member countries, he
said, adding that this will usher in a new beginning, showcasing various
aspects of the startup world.
Goyal said startups have ideas, show enthusiasm
and come up with innovations, and hence timing of the Summit during this
pandemic is perfect.
He expressed the hope that the Summit will mark a
beginning of a new journey towards new horizon, with hope and
encouragement.
“Growing beyond Government to Government and
business to business collaborations, this Summit will ensure startup to startup
collaboration, with exchange of ideas and young minds working together collectively
to solve problems and assuring prosperity and growth in the region.”, he added.
Goyal expressed happiness that youngsters of
today show entrepreneurship inclination who are no more the job seekers but
have become job creators.
India has over 41,000 startups registered with
the Government but there are many more who are working at the grassroots level
and doing a good work.
The Minister said that he has been asking the
Indian capital to encourage and support the Indian startups at an early stage,
but now would request Indian investors and capital to look towards the BIMSTEC
startups also to mentor and support them.
The Minister expressed the hope that India along
with all the BIMSTEC countries will certainly experience unprecedented growth
in the post Covid pandemic world and start a global area of development.
He said that Prime Minister Narendra Modi’s
encouragement to our startups and efforts to create an ecosystem full of
innovation, invention and enterprise, will surely work like a battery where a
positive attitude and tremendous ability powers the future of startups.
He said skill development is another important
area which would play a very important role in boosting the entrepreneurship
spirit and giving confidence to our entrepreneurs.
He said that he would like to encourage Indian
investors to work towards greater engagement so that we can truly demonstrate
to the world our commitment to make startups the pillar, on which future
economic development will prosper.
He also expressed the hope that the collective
commitment demonstrated by BIMSTEC nations will surely encourage startups in
all other countries.
He said there is a huge potential in the
collaboration because we will see new ideas prospering and young minds working
together to come up with new ideas, new innovations, new inventions.
Startup to startup collaboration has a huge potential because with this new
idea will prosper and young minds will come together to work collectively.