175 attend CII north region startup conclave

Tribune News Service

Chandigarh, January 23

Spurring startups in rural India will create huge employment opportunities,” said VP Singh Badnore, Governor of Punjab and UT Administrator, at the CII’s Northern Region Startup Conclave in Chandigarh today.

“The startup culture, innovation and technology should necessarily percolate to our villages towards realising Prime Minister’s vision of making India a $5 trillion economy by 2024-25,” said Badnore.

“Chandigarh can become a model startup hub, inspiring other cities by incorporating requisite policy changes and by leveraging its existing institutions of national importance and facilitating the industry and academic interface,” added Badnore.

Brigadier PP Singh, VSM, Vice-Chairman, Make Indian Army, highlighted opportunities for startups to work with the Indian defence sector.

JM Balamurugan, Principal Secretary to Governor, Government of Punjab, said, “The UT Administration will soon launch the Chandigarh Innovation Circle (CIC), a not-for-profit organisation, which will bring academic institutions, industries, administration and the government on one platform to boost economic and technological growth in the region.”

In his address, Dr Dinesh Dua, Chairman, CII NR Committee on Entrepreneurship and Startups, and CEO, Nectar Lifesciences, said, “Digitisation is the main reason behind growth and multiplication of startups in our country.”

In his welcome remarks, Sarvjeet Singh Virk, Chairman, CII, Chandigarh, and managing director, Finvasia Group, said, “We have to understand opportunities and challenges in the startup ecosystem to vitalise its progress and leverage its full potential in boosting the nation’s GDP.”