In sync with Prime Minister Narendra Modi’s “Startup India, Standup India” initiative, chief minister Devendra Fadnavis assured small businessmen and venture investors that he would take the necessary
In sync with Prime Minister Narendra Modi’s “Startup India, Standup India” initiative, chief minister Devendra Fadnavis assured small businessmen and venture investors that he would take the necessary steps to make Mumbai and Maharashtra the capital of startups. While inaugurating a seed investment and innovation platform on Saturday, Mr Fadnavis said, “You have given me a mission. In the coming days, we will make Maharashtra and Mumbai the capital of startups.”
He said that the blueprint of “Startup India, Standup India” unveiled on Saturday, would be the government’s New Year gift to the entrepreneurship landscape in the country. “It is said that nothing is more powerful than an idea whose time has come. But what if a powerful idea is not supported by a powerful ecosystem The idea goes elsewhere. That’s what we have been experiencing,” he said. “I think aspiring Indian youth is so powerful, and they just need a little bit of handholding to transform their ideas into reality. The blueprint of Mr Modi's ‘Startup India, Standup India’ would be the government’s New Year gift to the entrepreneurship landscape,-" he added.
The CM observed that world over, Indians have contributed to building some very successful startups but they had to go to Silicon Valley or Singapore because India lacked the infrastructure and ecosystem. “We need to create ecosystems at more places, and the Prime Minister understands we are a youthful country. Compared to China, Silicon Valley or Singapore, we account for only 10 per cent of startups, but we are one of the most youthful startup nations,-" he said.
Referring to the immense energy and potential of entrepreneurs, he said that as a fast-developing nation, we have a great demand for innovation. “This is an immense energy we have, which needs a channel. We have a nation of more than one billion people embracing technology. If we develop an ecosystem to shape this power, the journey towards being a developed nation will be accelerated more,-" he said. Mr Fadnavis further said there is tremendous opportunity for startups while developing smart cities in the country.
