Prime Minister Narendra
Modi will interact with startups and address ‘Prarambh: Startup India
International Summit’ through video conferencing this evening. The
two-day Summit is being organized by the Department for Promotion of
Industry and Internal Trade, Ministry of Commerce and Industry. It is
being organised as a follow up of the announcement made by the Prime
Minister at the fourth Bay of Bengal Initiative for Multi-Sectoral
Technical and Economic Cooperation (BIMSTEC) Summit held in Kathmandu in
August 2018 wherein India committed to host the BIMSTEC Startup
Conclave.
The virtual summit will bring together speakers from around the world
and India, facilitate discussions on technologies, innovation, robust
policies, and initiatives, enable government and international
organisations to share their views and set on fire the minds of young
Indian entrepreneurs, driving them to solve the problems and challenges
that matter, not just for India but also for the entire world.
The Summit marks the fifth anniversary of
the Startup India initiative, launched by the Prime Minister on 16th
January, 2016. With participation from over 25 countries and more than
200 global speakers, the summit will be the largest startup confluence
organised by the Government of India since the launch of the Startup
India initiative. In addition to deliberating on good practices from
best of the ecosystems across the world, the sessions of the Summit are
designed to showcase the spread and depth of entrepreneurship based on
innovation in India. The objective is to focus attention of global
capital for startups in India, mobilize domestic capital, provide
opportunities for accessing international markets to our startups and
evolve enabling policy provisions.
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{ With input from news agency language)
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