Prime Minister Narendra Modi will interact with more than 150 startups from various sectors on January 15 via video conference with the objective of understanding how startups can contribute to national needs through innovation.
According to a communique from the Prime Minister’s Office (PMO), startups from various sectors such as enterprise systems, space, security, fintech, environment, agriculture and health will participate in this interaction.
Startup firms representing industry 4.0 – a term used for the current trend of automation and data exchange in manufacturing technologies, including cyber-physical systems, the Internet of things, cloud computing and cognitive computing – will also participate in the interaction.
The participating startups have been divided into six working groups – growing from roots, nudging the DNA, from local to global, technology of the future, building champions in manufacturing, and sustainable development.
Each group will make a presentation before Modi on the allotted theme during the interaction. The presentations and the interaction will help in understanding the current status of startups in the country and throw light on their future.
As a part of the ongoing ‘Azadi ka Amrit Mahotsav’, a week-long event, ‘Celebrating Innovation Ecosystem’, is being hosted by the department of promotion of industry and internal trade (DPIIT) under the Union ministry of commerce and industry from January 10 to January 16, 2022.
The event marks the sixth anniversary of Startup India, a flagship initiative launched by the Centre in January 2016 under the DPIIT aimed at building a strong ecosystem conducive for the growth of startup businesses and to drive sustainable economic growth. The initiative also aimed at generating large scale employment opportunities. Through Startup India, the government aims to empower the startups to grow through innovation and design.
"The Prime Minister has been a firm believer in the potential of startups to contribute significantly to the growth of the nation. This was reflected in the launch of the flagship initiative Startup India in 2016. The government has worked on providing an enabling atmosphere for boosting the growth and development of Startups,” the communique from the PMO stated.