Indian startups make a swash at Viva Tech 2022
Last year, Indian Prime Minister Narendra Modi delivered the keynote speech at the Viva Technology conference. He said India is the ideal destination for startups to flourish at Europe’s biggest startup and tech event.
For this year’s conference, the government of India has selected 15 Indian startups and companies to showcase indigenously developed tech products.
India’s Minister of Railways, Communications and Electronics & Information Technology, Ashwini Vaishnaw, led the Indian delegation at the ongoing conference. Indian ambassador to France, Jawed Ashraf, and over 100 Indian government officials, CEOs and digital experts have also joined him.
India has been announced as the ‘Country of the year’ at Viva Tech 2022. This comes after PM Narendra Modi’s participation in 2021. France and India are natural partners to develop the technologies of the future, said MeitY Startup Hub.
“India is a leading force in terms of technological innovation. Thanks to its population, know-how and expertise, many companies today are run by Indian executives, and a lot of disruptive technologies today come from the Indian startup environment.
“I believe VivaTech organisers wanted to put forward India’s strong know-how and expertise. In a time when the world is changing, India’s leadership is needed to ensure the world is more balanced between Western and Eastern countries,” Nicolas Babin, International Thought Leader in digital innovation, said.
According to the Economic Survey 2021-22, India is the third-largest startup ecosystem in the world, after the US and China. India has more than 61,400 startups to date. The government of India recognised over 14,000 new startups in 2021-22 alone.
