India To Emerge As Global Leader In Innovation, Tech-Driven Growth: Piyush Goyal
Key Points
India would emerge as a global leader in innovation and technology-driven growth, Union Minister for Commerce and Industry, Piyush Goyal, has said.
New Delhi, Apr 5: India would emerge as a global leader in innovation and technology-driven growth, Union Minister for Commerce and Industry, Piyush Goyal, has said. The minister, who hailed the work of startups during a walk-through at the 'Startup Mahakumbh’ event here, said that one can see the work of world-class quality, experience the technologies created on energy efficiency, powering electronics, see the defence equipment that young startups are creating, and realise how fintech is becoming a source of empowerment for the common citizen.
“This is the base – the foundation — on which India will foray in a very big way into the world of innovation. We will make our presence felt on the global stage. I go back extremely satisfied with the work done with our young startups. Young India is raring to go. And they are ready to capture the world,” Goyal said.
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✨The second edition of Startup Mahakumbh featured 10 thematic pavilions covering key industries such as AI, DeepTech and Cybersecurity, HealthTech and BioTech, AgriTech, Climate Tech, Incubators & Accelerators, D2C, FinTech, Gaming and Sports, B2B and Precision Manufacturing, Defence and Space Tech, and Mobility.
Goyal visited a number of exhibits showcasing groundbreaking innovations in Climate Tech, BioTech, AI, and DeepTech and more, ranging from intelligent air purifiers and EV tractors to AI-driven platforms for functional brain mapping and cutting-edge manufacturing drones for defence applications.
The ‘Startup Mahakumbh’ featured over 3,000 startups, 1,000+ investors and incubators, and 10,000+ delegates from 50+ countries, making it a prime opportunity for startups to pitch their businesses, build investor relationships, and secure crucial funding.
A landmark moment in India's fintech journey with the launch of the India Fintech Foundation was also witnessed in the presence of G20 Sherpa Amitabh Kant; Sanjiv Singh, Joint Secretary, DPIIT; and NS Vishwanathan, former deputy governor of the Reserve Bank of India (RBI).
(IANS)