NASSCOM & DIPP ally to launch event for Startup India

Business Economy
(Last Updated On: February 8, 2016)

Following the Prime Minister declaration of Start up India, Stand up India;, NASSCOM 10,000 Start-up Program is co-opting with Department of Industrial Policy and Promotion, Government of India, along with other partners to host Startup India; event on January 16, 2016. The event will be addressed by Hon;ble Prime Minister Narendra Modi, Sh. Amitabh Kant, Secretary, DIPP, Smt. Nirmala Sitharaman, MoS, Commerce and Industry, and Sh. Arun Jaitley, Union Minister of Finance and Corporate Affairs. The event will also see participation from some of the most influential start-up CEOs from across the world.

According to a NASSCOM report titled Start-up India-Momentous- Rise of the Indian Start-up Ecosystem;, India has emerged as the youngest start-up nation in the world with over 72% of founders being less than 35 years old. The country hasa presence of more than 4,200 startups, making itthe3rdlargest start up baseworldwide.

NASSCOM has also partnered with various State Governments to launch the Start-up warehouses across major and emerging cities. In order to foster innovation and support entrepreneurship, NASSCOM has been closely partnering the Government in various entrepreneurship led initiatives. In line with the Prime Ministers vision of making India the hub for cyber-security related research, training and products, NASSCOM earlier last year created the Cyber Security Task Force. Further, in partnership with TiE Silicon Valley, and IIM Ahmedabad CIIE India, NASSCOM also hosted the first India- U.S. Startup Konnect in the Silicon Valley in September 2015. And now, going in line with their vision, NASSCOM is yet again supporting Government largest startup programme for the country. The aim of the initiative is to make India the largest start-up hub in the world which will further help drive the country economy towards better results.

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