You are here: Home » News-ANI » Business
Business Standard

CES 2020 - India Tech Park to promote Indian startups globally


Silicon Valley-based venture capitalist, Asha Jadeja Motwani has announced the launch of India Tech Park at CES 2020, the largest and most influential technology event worldwide, which is going to be held in Las Vegas from January 7 to 10.

India Tech Park is a platform for Indian startups working towards a sustainable future utilizing technological innovation and creating products that tackle pressing global problems.

The purpose of the first ever India Tech Park is to showcase India's blooming consumer electronic systems startups globally and provide them exposure to the international startup ecosystem. The startups chosen are driven by responsible young entrepreneurs with sensitivity to climate, water, and sustainable food practices.

"The startup ecosystem in India is still evolving. The promise shown by Indian startups is incredible. Buoyed by bold, fresh economic policies and reduced red tape, Indian startups can truly lead the world and can contribute to the goal of a USD 5 trillion economy by 2025 and even overshoot it to reach a USD 10 trillion economy if nurtured and supported well," said Asha Jadeja Motwani, Founder of Motwani Jadeja Foundation.

"The government has taken a lot of initiatives to provide a push to the startup culture in the country but the international exposure to the enterprising startups is still relatively low. Indian policymakers need to be part of the macroeconomic world and talk in global terms to compete in the world economy," she added.

"At the time, when connectivity and reach are no longer problems, the government must take a stride forward and push the startups to get the global exposure which would benefit the country as a whole and India Tech Park is igniting the spark," she further added.

Few of the startups promoted by India Tech Park in CES 2020 are - Calamus, Hyper Lychee, Wagr, Altifarm, Strom Motors, and Stempedia.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, December 31 2019. 16:25 IST