Commerce and Industry Minister Piyush Goyal today said that futuristic vision combined with decisiveness has provided India with a solid Startup ecosystem. At the inauguration of 1st Shanghai Cooperation Organisation (SCO) Startup Forum, he said that Youth is our wealth, and in these times of vulnerability and uncertainty, they have responded with agility, adaptability and ability.
Mr Goyal lauded Indian Startups for demonstrating high energy and enthusiasm to give many timely and cost-effective solutions. The Minister pointed out that the hunger for growth is demonstrated by the number of EdTech apps for upscaling and education which have provided free access to content for learning to millions of Indians during the COVID period. Mr. Goyal said that in India, a large number of startups have been founded by women and lauded the initiative of SCO to include several sessions including exclusive discussions to promote women entrepreneurship.