Union Minister of Commerce and Industry Piyush Goyal is on a six-day visit to San Francisco and Los Angeles. During this, he highlighted Prime Minister Narendra Modi's Startup India initiative and urged the Indian diaspora to increase their reach to global markets.
Speaking at a lunch engagement with 'Indiaspora', he said, when PM Modi launched the 'Startup India Initiative' in 2016, it was a recognition of the growing importance of innovation by young talent experimenting with new ideas, and creating new solutions. was coming with
He said that the diaspora has an important role to play in this journey as they identify and finance talent, new ideas, and innovation.
He added that India has a very vibrant startup ecosystem and a lot of the ideas that were developed in India feature a large domestic market and may not engage with the world as much as they could.
We need more opportunities for our Indian startup ideas. We need more opportunities for our Indian startup ideas to be able to reach global markets.
There can be no better place than Silicon Valley to go global in our thoughts. We believe that innovation and research and development will lead the way forward.
Goyal stressed that the Indian government also recognizes the need for international engagement for expansion and told the Indian diaspora, we are trying to bring together the capabilities and capabilities of offshore and India.
The Indian minister further said that it aims to move from policy paralysis to more active engagement with people on the ground, to make policy certainty and predictability more effective, and align regulatory processes with what is happening in more developed economies. to align.
Goyal said technology and transparency have taken over in a big way to bring integrity to the system in India and change the way government works.
He said the 'Amrit Kaal' by 2047 will be the defining period of India's journey towards becoming a developed nation and bringing prosperity to every person living in India.
Talking about interactions with the diaspora in the US, he said, “These kinds of engagements give rise to many new ideas and I am taking a lot with me from investors here that are encouraging innovations in India. This will help in expediting the deployment of capital.
The Indian diaspora has a unique position as the ties between India and abroad are strong.
We look forward to this continued effort and engagement to connect India and the United States in terms of trade and people-to-people contacts, Goyal said.
The Union Commerce and Industry Minister further said that he is taking back a large amount of new energy from his US visit.
It was heartening to see the bond of diaspora with the motherland and love for the country and its people, he said. The Indian community here, being very innovative and professional, has maintained the Indian culture and value system keeping the spirit of India alive.
Also Read: Udaan: India's goal to send satellites in space at a low cost, now it costs Rs 12 lakh per kg
Cyclone Montha: Cyclone Montha begins to wreak havoc, heavy rains lash Kerala and Tamil Nadu; an Orange alert is issued
Cyclone Montha has begun to make landfall, bringing heavy rain to the coastal areas of Tamil Nadu and Kerala. The Meteorological Department has issued an orange alert for heavy rain in the districts
Modi, Jinping, and Shahbaz will meet at SCO Summit, what are its implications, will the mystery of the China border dispute be solved?
Modi-Jinping-Shahbaz: For the first time since the Russia-Ukraine war, Russian President Vladimir Putin, Chinese President Xi Jinping, Pakistan's Prime Minister Shahbaz Sharif, and Prime Minister
Hackers demanded a ransom of ₹ 200 crores from Delhi AIIMS: Said- make payment in cryptocurrency; Delhi Police rejected the claim
Those who hacked the server of the country's largest government hospital AIIMS Delhi have demanded Rs 200 crore. Hackers have asked to make payments in cryptocurrency. News agency ANI has claimed this
Chandrayaan-3: This mission of Chandrayaan-3 is very special for India, all eyes are on soft landing of 'Vikram' lander
Chandrayaan 3 Launch Today: Chanda Mama Door Ke... Chanda Mama Aa Jana... Since childhood, we have been hearing many such poems and stories of Chanda Mama from our grandmothers. Then we could not even
Know how strong Team India is from Rohit-Pant's coach: Both said - India will play the semi-finals, and Shami can surprise
Team India has not been able to become a champion even once after 2007 in the T20 World Cup, the biggest tournament of the shortest format of cricket. Indian cricket fans have high hopes for the
H1N1: Swine flu cases highest in four states including Delhi, with more than 500 new cases in the country, six deaths in January
The spread of swine flu or H1N1 virus infection has increased rapidly in eight states of the country. The situation is serious in Delhi, Karnataka, Kerala and Tamil Nadu. These states have reported
America returned 307 antiquities to India, smuggled after theft
Antiquities Returns: The heritage stolen from India years ago has now returned to the country. She had reached America through smuggling. After 15 years of investigation, the US has finally returned
GATE 2023 Result: IIT Kanpur declared GATE results, see this link for results, responses, and final answer key
Indian Institute of Technology (IIT), Kanpur has announced the results of the Graduate Aptitude Test in Engineering (GATE) 2023. The GATE 2023 result was announced by the institute on the evening of
IPL 2025: After the defeat, BCCI gave a blow to Lucknow and Pant, imposed a fine of Rs 30 lakh for slow over rate
Lucknow Super Giants and its captain Rishabh Pant have suffered another setback after their defeat against Royal Challengers Bangalore (RCB). The Board of Control for Cricket in India (BCCI) has fined
Amitabh Bachchan: Posters galore outside Jalsa, crowds of people gathered, fans made Big B's birthday memorable
Hindi film industry's megastar Amitabh Bachchan has turned 82 today. Even at this age, he is active in the film world. The actor outshines the new generation of youth in terms of fitness. Recently, he
