CII and MeitY Tie-up - Corporate to Guide, Invest in Indian Startups and Foreign Startups to Explore Indian Market
Yesterday, Confederation of Indian Industry (CII) has signed a 3-year MoU� with the Ministry of Electronics and Information Technology (MeitY)� to strengthen the startup ecosystem in the country. According to the agreement, startups in electronics and IT sector, being incubated by MeitY, will be brought under the
- According to the agreement, startups in electronics and IT sector, being incubated by MeitY, will be brought under the scope of CII’s Corporate-Start-up Business Connect Platform which will help them connect with industry for mutual benefits and gaining access to international markets.
- Additionally, the MeitY Startup Hub and CII will together by inviting other countries to come and explore the Indian market on very easy and affordable terms.
- Similar soft-landing opportunities will also be created for Indian startups in other countries.
- The platform was launched in view of central Government’s vision of nurturing entrepreneurship under the Startup India Initiative.