New Delhi: Commerce and Industry Minister Piyush Goyal on Friday pitched for collaboration between startups in India and the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) countries, saying it would lead to growth and prosperity in the neighborhood.
He asked Indian investors to engage with the BIMSTEC nations with investments, mentoring and support to foster the larger ecosystem for startups in the region.
“There is a huge potential in the collaboration because we will see new ideas prospering and young minds working together to come up with new ideas, new innovations, new inventions,” Goyal said.
“Startup to startup collaboration has a huge potential because with this new idea will prosper and young minds will come together to work collectively.”
Goyal was inaugurating the Startup India International Summit, Prarambh, in which startups from seven BIMSTEC countries — Bangladesh, Bhutan, Myanmar, Nepal, Sri Lanka and Thailand, India– are taking part.
The minister said that he had been asking the Indian capital to encourage and support the Indian startups at an early stage, but now would request Indian investors and capital to look towards the BIMSTEC startups also to mentor and support them.
