India

PM Modi to address Startup India International Summit ‘Prarambh’ today

Prime Minister Narendra Modi will address the Start-Up India International Summit ‘Prarambh’ later this evening through video conferencing.

On Friday evening, the PM took to Twitter to announce at 5 PM tomorrow, I would take part in an interaction with those associated with the world of start-ups and address ‘Prarambh: StartUpIndia International Summit.’

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 organized 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 hosting 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 organizations 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 organized by the Government of India since the launch of the Startup India initiative. In addition to deliberating on good practices from the 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 the attention on 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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