MissionFocus on India’s self-reliance Launched in 2021 with a financial outlay of Rs 76,000 crore, the SemiconIndia program is structured to promote the domestic semiconductor industrythrough incentives and strategic partnerships. India’s Semiconductor marketwill be approximately $38 billion in 2023. The industry is estimated to grow$109 billion by 2030. The Government of India has implemented several initiatives to promote domesticsemiconductor manufacturing and rapid expansion of the industry so that thecountry can reduce its dependence on the import of semiconductors. The India Semiconductor Mission (ISM) aims to build a sustainable semiconductorand display ecosystem which will position India as a leader in electronicsmanufacturing and design. Guided by international...
Read MoreCategory: entrepreneur
Winners of the National Startup Awards 2021: 46 Startups, one incubator and accelerator.
Startup India is about realising millions of dreams, said Piyush Goyal. Presenting the National Startup Awards 2021, the Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, said the Startup Mission was a symbol of self-reliant and self-confident India. Be it a fisherman’s son from Chennai or a boatman’s daughter from Kashmir, they all want to bring prosperity to their families and their people, and therefore are thinking bigger and bolder, said Goyal. Prime Minister Modi believes in the potential of Startups to contribute significantly to the growth of the nation during the Amritkaal, the next 25 years. He recognises innovation as the strongest pillar to make India ‘Aatmanirbhar’ Goyal pointed out. According to him, Prime Minist...
Read MoreOpportunities for educated housewives Many educated women, housewives at present, depend on the income of a single bread-earner at home. Many of them, financially average or wealthy, are capable of having a professional life and career. But they face many hassles in taking up full-time engagements because of their priority to family matters. The pandemic has brought in some positive changes in society. Work-from-home (WFH) using high-end technology has become the order of the day for men and women. Educated women, fully engaged in household affairs and unable to pursue their professional aspirations, can now fulfil their dreams in the changing environment. Each of them can add value to their own family’s wealth by providing a professional touch of management to the...
Read MoreCentral govt wants Venture capital to tap Startups in small towns
While chairing the 4th Roundtable with Global Venture Capital Funds, organised by the Department for Promotion of Industry and Internal Trade (DPIIT), Piyush Goyal, Union Minister of Commerce and Industry, invited the VCs to explore new sectors for investing in ventures at Tier 2 and 3 cities. The government has already taken several steps to support the Startups. India is home to over 61,000 recognised Startups across 55 industries, with 45 per cent of them emerging from Tier 2 and 3 cities. Around 45% of them have at least one woman director, a testimony of diversity, spread and inclusivity of the Indian Startup ecosystem. The government has undertaken 49 regulatory reforms to enhance Ease Of Doing Business, Ease Of Raising Capital and Reduce the Compliance Burden. Over 75 V...
Read MoreFree training in financial markets and Investment management by experts Many educated women, housewives at present, depend on the income of a single bread-earner at home. Many of them, financially average or wealthy, are capable of having a professional life and career. But they face many hassles in taking up full-time engagements because of their priority to family matters. The pandemic has brought in some positive changes in society. Work-from-home (WFH) using high-end technology has become the order of the day for men and women. Educated women, fully engaged in household affairs and unable to pursue their professional aspirations, can now fulfil their dreams in the changing environment. Each of them can add value to their own family's wealth by providing a professional touch ...
Read More