India Proposes Dedicated Township for Startups
India Proposes Dedicated Township for Startups
India Proposes Dedicated Township for Startups
News summary

Commerce and Industry Minister Piyush Goyal proposed the creation of a dedicated township for startups in India, inspired by Silicon Valley, during the launch of the Bharat Startup Knowledge Access Registry (BHASKAR). He envisions this township as a hub for entrepreneurs, innovators, and disruptors, spanning 200 to 500 acres, where resources, mentorship, and collaboration can flourish. Goyal emphasized the need for Indian startups to aspire for international success and suggested that participating in official delegation visits could enhance their global exposure. The initiative aligns with the National Industrial Corridor Development Programme, which aims to develop smart cities across India. Goyal's vision seeks to provide a structured ecosystem that supports startups from diverse backgrounds and helps them connect with necessary resources. This initiative is part of a broader goal to position India as a global innovation hub.

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