Lauding Indian Startups for demonstrating high energy & enthusiasm to give many timely & cost-effective solutions, Union Commerce and Industry Minister Piyush Goyal has said that Futuristic vision combined with decisiveness has provided India with a solid Startup ecosystem.
Goyal further said that Startups have demonstrated their ability to convert this severe adversity into a great potential of the future. He also said that Young firms in India have reacted fast & very flexibly to COVID pandemic by sharing best practices & knowledge, engaging corporates & investors, Monetising & mobilising capital, Setting up incubators, and Providing exposure & scale.
He said that through these, innovative ideas of startups will get larger engagement. Besides, Goyal said that India recognised some very interesting Startups in the first-ever national Startup award programme.