“Gujarat approves 184 start-ups, plans to promote 2,000 new enterprises with investment of Rs.7,000-cr by 2021,” says Vijay Rupani

Posted on 11, Oct 2018

Gujarat Chief Minister Vijay Rupani inaugurated the 3-day Vibrant Gujarat Start-up and Technology Summit-2018 here today.

Delivering his inaugural address, he dubbed it as the biggest summit of its kind with 40 global leaders providing guidance in day-to-day challenges. He said that Gujarat led in announcing Start-up Policy, having approved 184 start-ups, backed by over 60 universities and 1,000 educational institutes to benefit lakhs of students. Gujarat now plans to promote 2,000 new enterprises in the state with an investment of Rs.7,000-crore by 2021. The market value of Indian start-up sector is estimated to be USD 20 billion.

He recalled it was Prime Minister Narendra Modi’s initiative to give importance to Make in India and Start-up India models, providing an opportunity through simplification, handholding, funding support and incentive partnership between industry and academia.

Mr. Rupani called on youth start-ups to upgrade technology with changing times through determination, innovation and exchange of ideas. He exuded confidence that democratic dividend would usher in a start-up revolution, making India Global Guru.

Canada’s Consul and Trade Commissioner in Mumbai Chad Hensler wished the summit would strengthen economic relation between Canada and Gujarat.

Nasscom President Debjani Ghosh said that business acumen is in the DNA of Gujarati people. She said they would lead the country by encouraging new talents by combining new ideas and innovations with technology.

Tech Mahindra CEO C.P. Gurnani said that Gujarat has the potential to be the new start-up capital of India.

Gujarat Chief Secretary J.N. Singh said the present Start-up and Technology Summit linked to Eco System assumes special significance. He said the Summit would provide a platform for NextGen new ideas and innovative solutions for various sectors like agriculture, health and education. He said that one-third of entries for the Rs.3-crore prizes announced by the Gujarat Government came from Gujarat alone. Gujarat is capable of contributing to one-tenth of development in IT Sector.

A MoU was signed between Yes Bank and GIDC Gujarat Government for providing incentive to entrepreneurs.

The dignitaries released a coffee table book on “Agrim Gujarati’ and ‘Startup Gujarat’ and a Indo-Swiss block chain developed by Swiss-based Technology Group.

Those present on the occasion included GESIA IT Associations’ Vivek Ogra, Sweden Consul General

Those present on the occasion included GESIA IT Association’s Vivek Ogra, Sweden Consul General in Mumbai Ulrika Sundberg, Gujarat’s Additional Chief Secretary for Finance Arvind Agrawal, Chief Minister’s Principal Secretary M.K. Das, GIDC Vice-Chairman & MD D. Thara, Industries Commissioner Mamta Verma, officers and entrepreneurs from different parts of the country.

The e-Mitra Robot delivered the welcome address.

Ficci Gujarat State Council Chairman Rajiv Vatupal proposed a vote of thanks.

Source: Information Department, Gujarat