NEW DELHI: Union Minister of Commerce and Industry, Piyush Goyal participated in the BRICS Industry Ministers’ meetingon August 7. Goyal announced that India will be launching the BRICS Startup Forum in 2023 with the goal of facilitating collaboration and sharing best practices among startups, investors, incubators, and aspiring entrepreneurs.
Goyal, while highlighting the transformation that has taken place in India, also commented on the expanding Startup India initiative that has led to the creation of nearly 100,000 startups in the country. The Minister focused on “Transforming Production Systems” and the support India can offer to other BRICS members and the wider international community.
Piyush Goyal reiterated India’s commitment to “Vasudhaiva Kutumbakam” (The World Is One Family) which underscores India’s commitment to being a responsible global citizen and working towards a more inclusive, tolerant and interconnected world.