Indian minister calls for strengthening global startup ecosystem | Business

Indian Trade and Industry Minister Piyush Goyal. (Source: File)

On January 28, India’s Trade and Industry Minister Piyush Goyal called for the establishment of an international network of advisors, investors and entrepreneurs to strengthen the global startup ecosystem.

Speaking at the opening session of the Team Kick-off Conference Startup20 of the G20 in Hyderabad, Minister Piyush Goyal said that the new network should support and inspire startups, and act as a group to facilitate the exchange of ideas, best practices and opportunities. funding mechanism as well as promoting cooperation in research and development activities.

[Thúc đẩy hoàn thiện hệ sinh thái khởi nghiệp đổi mới sáng tạo]

Minister Piyush Goyal said that supporting innovation should not only be the role of individual countries but must be the collective responsibility of countries around the world.

Countries must nurture a global effort to incubate startup ecosystems in every corner of the world, thereby creating a global startup ecosystem that is inclusive, supportive and sustainable to solve tackle global challenges.

Also according to the Minister Piyush GoyalIndia is proud to highlight the advancements and potentials of startup ecosystem as the host country of this year’s G20 summit.

He noted that the first Startup20 Team was established under President of G20 of India, as part of India’s particular focus on innovation.

Ngoc Thuy (VNA/Vietnam+)

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