‘India’ ready to become a global leader in innovation and technology based development: Piyush Goyal


New Delhi:
Union Commerce and Industry Minister Piyush Goyal has said that India will emerge as a global leader in innovation and technology based development. He appreciated the work of startups during the walk-through at the ‘Startup Mahakumbh’ program.

The Union Minister said that any person can look at the world class quality work, can experience technology on energy efficiency, looking at the defense equipment being created by new startups and can feel how ‘Fintech’ is becoming a source of empowerment for the common citizen.

The Union Minister said, “This is the foundation on which India will enter the world of innovation. We will make our presence on the global stage. I am very satisfied with the works of young startups.” Youth India ‘is desperate to move forward and is ready to leave his mark in the world. “

In the second edition of ‘Startup Mahakumbh’, 10 thematic pavilions were organized, in which AI, Dippec and Cyber ​​Security, Healthtech and Biotech, Agritech, Climate Tech, Incubator and Accelerator, D2C, Finntech, Gaming and Sports, B2B and Sports, B2B and Principal Manufacture Major industries like mobility were included.

The Union Minister visited many exhibitions showing ground braking innovation in climate tech, biotech, AI and deptack and many other areas, including intelligent air purifiers and EV tractors to AI-Driven platform and cutting-ease for defense applications for functional brain mapping.

‘Startup Mahakumbh’ included over 3,000 startups, over 1,000 investors and incubators as well as more than 10,000 representatives from more than 50 countries, leading to a great opportunity to introduce their businesses for startups, make investors relationships and gain significant funding.

An important moment in India’s Fintech visit was seen with the launch of India Fintech Foundation, including G20 Sherpa Amitabh Kant, DPIIT Joint Secretary Sanjeev Singh and former Deputy Governor NS Vishwanathan of the Reserve Bank of India (RBI) NS Vishwanathan.


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