MoS calls for sustainable Start-ups with indigenous innovation
By TIOL News Service
NEW DELHI, MAY 12, 2022: MoS, Dr Jitendra Singh, today laid stress on building Sustainable Start-ups with indigenous innovation. He said, for Start-ups to remain sustainable, innovation has to become a dynamic process.
Speaking at the inaugural event of "Iconic 75 Industry Connect ('i' Connect)" at Jorhat, Assam, Dr Jitendra Singh said, the innovative Start-ups by the young entrepreneurs have to shoulder responsibility for the next 25 years of glorious journey, when we celebrate 100 years of India's Independence as a frontline nation in the world. He said, the aim of industry connect is to explore globally benchmarked technologies and products for making the country self-sustaining and self-generating. He said, while our research establishments are well equipped and competent to develop the world class technologies and products in laboratories, there is a gap in terms of taking these to market and ultimately to the society for the benefit of common women and men of the country.
Dr Jitendra Singh said, research and industry share a reciprocal relationship to thrive and grow and he urged the industry to have an equal stake in R&D through meaningful investment for making and taking the world class products from laboratories to market. He also underlined the need for Brand building of the products to carve a niche in Indian and world markets.
Referring to Prime Minister Narendra Modi's vision of Government-Industry Connect, Dr Jitendra Singh said, the iconic 75 Industry Connect ('i'-connect) events are aimed at forging partnership with industry in 10 thematic /focus areas. He said, this is the consolidate efforts of DSIR/CSIR, DBT, DST, MoES and other scientific departments of the Government of India to reach out to industry. Coming together of several scientific departments for the cause of science is a phenomenon seldom seen before and the "Team Sprit" is the key mantra of the Government, the Minister added.
Dr Jitendra Singh said, the reason to start the series of industry i-Connect from Jorhat in Assam stems from Prime Minister's high priority for the development of the North-Eastern Region. He reminded that in 2014 itself, Modi had made it clear that the priority of the government is to bring the underdeveloped regions of North-East, J&K and other Hill states and Island territories at par with developed region of the country. The Minister expressed hope that N-E region as a land of unexplored potential will become destination of future Start-ups, entrepreneurship and new investment, due to its rich bio-diversity and huge bamboo resources.