Saturday, October 1, 2022

India recognized as ‘country of the year’ by Europe’s Vivatech

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Vivatech 2020, Europe’s biggest start-up conference has recognized India as the “country of the year.”

It is a tremendous honour for India to be named “country of the year” in Vivatech 2020. This is due to the global contribution of Indian start-ups. This is how Indian start-ups are recognised, said, Mr. Ashwini Vaishnaw, Minister of Railways, Communications, Electronics and Information Technology.

The combination of billions of smartphones, billions of bank accounts with billions-plus digital identities help in enabling the creation of novel use cases for technology development in India, said Mr. Vaishnaw while inaugurating the India pavilion at the Vivatech technology exhibition.

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The Indian start-up ecosystem is rapidly expanding and has over 100 unicorns, demonstrating the scale and recognition of Indian ecosystems. The objective of participating in Vivatech is to showcase Indian start-ups are solving global problems and innovating for the world, said Mr. Chintan Vaishnav, Mission Director, Atal Innovation Mission.

Around 65 start-ups from India are participating in Vivatech 2022 with government support.

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