Industry should support startups in order for them to reach their full potential: Amit Shah

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Union Home Minister (HM) Amit Shah on Thursday (August 4) urged the country’s startups and industry to work together to leverage their full potential.

“Industry should back startups. Startups can not leverage their full potential in isolation. We already have 100 unicorns. But, if startups and industry work together, then, we will get benefits manifold,” Shah said. Addressing the third edition of Sankalp Se Siddhi conference in Bengaluru, Shah called on the industry to back startups. “India’s industry should not think about increasing its speed but about changing its scale and if scale is to be changed, then the thrust has to be given to R&D” Shah stated.

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Industry should support startups in order for them to reach their full potential: Amit Shah

Union Home Minister (HM) Amit Shah on Thursday (August 4) urged the country’s startups and industry to work together to leverage their full potential.

“Industry should back startups. Startups can not leverage their full potential in isolation. We already have 100 unicorns. But, if startups and industry work together, then, we will get benefits manifold,” Shah said. Addressing the third edition of Sankalp Se Siddhi conference in Bengaluru, Shah called on the industry to back startups. “India’s industry should not think about increasing its speed but about changing its scale and if scale is to be changed, then the thrust has to be given to R&D” Shah stated.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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