Union minister Rajeev Chandrashekhar highlights key trends for Indian start-ups in Bengaluru

Union Minister Rajeev Chandrasekhar highlighted key trends in the Indian start-up ecosystem at the G20-Digital Innovation Alliance summit in Bengaluru.

Published on: Aug 17, 2023, 14:33:43 IST

ANIPosted by Yamini C S

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Union Minister of State for Electronics and IT Rajeev Chandrasekhar while inaugurating the two-day G20-Digital Innovation Alliance summit being held in Bengaluru spoke about key trends happening in India that are of interest to start-ups.

Union Minister of State for Electronics and IT Rajeev Chandrasekhar. (ANI)

The Minister said the centre of gravity of tech which used to be in a few countries and around a few companies is now moving to open-source systems and younger start-ups are disrupting the normal.

“Three trends are happening that are of interest to start ups today in the innovation economy,” he said.

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“The centre of gravity of tech which used to be in a few countries and centred around a few corporations or few companies is moving to open source systems to younger and younger start-ups that are disrupting the normal and these 2 trends are in-turn capitalising on the broader trend of increased digitization and faster digitization,” he added.

The two-day Digital Innovation Alliance summit, being held on the side-lines of the fourth meeting of the ‘Digital Economy Working Group’ under G20, is being attended by global experts and digital leaders including representatives from other G20 countries.

The Summit is focused on discussions on ‘Digital Public Infrastructure (DPI)’, ‘Security in the Digital Economy’, and ‘Digital Skilling’.

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As part of India’s G20 Presidency, G20 Digital Innovation Alliance (G20-DIA) initiative was launched under MeitY Startup Hub. It recognizes and accelerates the growth of start-ups from all G20 countries and nine invited guest countries in six sectors – Ed-tech, Health-tech, Agri-tech, Fin-tech, Secured Digital Infrastructure, and Circular Economy that are using digital technologies to solve humanity’s most pressing needs.

A total of 174 start-ups from 29 countries are part of the program. These start-ups will pitch to a jury of global leaders at the G20-DIA Summit.

The Summit will culminate on August 18 with an awards ceremony in which 30 start-ups will be honoured in various categories.

ABOUT THE AUTHOR
Yamini C S
Yamini CS is a Senior Content Producer at Hindustan Times with nearly six years of experience in digital journalism. She is part of the India News desk, where she works on a wide range of stories cutting across civic issues, city-based developments, politics, governance, public policy, breaking news, trending topics, and international affairs that have an impact on India. Her role involves tracking fast-moving developments, verifying information from official and on-ground sources, and presenting news in a clear, accessible format for a digital-first audience. A significant part of her work includes handling live blogs during major news events, such as elections, court verdicts, political developments, civic disruptions, protests, weather-related alerts, and unfolding national or international incidents. Through live coverage, she focuses on timely updates to help readers follow complex stories as they evolve. Before moving to the broader India News desk, Yamini was associated with the Bengaluru desk at Hindustan Times, where she extensively covered urban governance, infrastructure, traffic and transport issues, weather events, public grievances, and civic administration in the city. This experience strengthened her grounding in city reporting and sharpened her focus on citizen-centric journalism. She began her career as a correspondent with Reuters after completing a postgraduate diploma in journalism from the Indian Institute of Journalism and New Media. Her early training instilled a strong emphasis on accuracy, sourcing, and news ethics, which continue to shape her reporting style. Outside of work, Yamini enjoys reading across genres, listening to music, and spending time with her family, which help her maintain balance in a fast-paced newsroom environment.Read More

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