India has painted itself as the third fastest emerging startup nation right after the US and China. A momentous rise in technological and innovation along with pragmatic policy execution have accelerated the growth process in the current industry.
The government, realizing the need to create meaningful global connections by local players, is firm to bring out the best in the country’s young population by introducing new policies that support potential startups with finance, guidance and a robust network of incubators and work on cutting-edge technologies.
The three-day VGSTS 2018 summit hosted from October 11-13, 2018 provided a platform for innovators, founders, and Aspiring Entrepreneurs from all over the country, to participate, pitch in ideas and build their network with industry experts and prominent entrepreneurs. The summit primarily focussed on creating solutions to prevalent issues in areas like – Fintech, Manufacturing, Agritech, Mobility, Women-centric solutions, Healthtech, Maritime and Military Intelligence among others.
Over ninety speakers from various countries and domains with expertise in a wide array on critical matters came together to support aspiring founders and struggling entrepreneurs.
The event provided attendees to interact, share insights and construct new relationships with corporate leaders, incubators, Technology experts and prominent personalities.
The key highlight of the convention being the theme of this year - ‘Experience the Next’, shed light on information and technology (IT) industry’s capability to create a revolution and act as a catalyst in transforming India’s entrepreneurship space.
The information and technology (IT) industry in the country is worth $167 billion and is expected to touch $1 trillion digital economy in the coming years.
The TISS sessions constituted of a remarkable number of women panellists like Debjani Ghosh, President-NASSCOM, Preeti Vyas chairwoman and Founder-VYAS GiannettiI Creative, Divya C Bhatt, Business Head- Asia, Africa and Middle East, L&T Technology Services and more.
The Government of Gujarat further plans to aid 2000 startups by 2021.