Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Dynamite News
Dynamite News
Business
DN Bureau

SCO Summit 2022: Ready to share India's Startup experience with SCO members, says PM Modi

PM Narendra Modi speaking at SCO summit 2022

Samarkand: Prime Minister Narendra Modi on Friday said India is ready to share its experience of Startups and Innovation with other SCO member countries and added that his government is making progress in making India a manufacturing hub.

"We are making progress on making India a manufacturing hub. India's young and talented workforce makes us naturally competitive.

Read also: Govt again revises limit for paid up capital of "small companies" for ease of doing business

"India's economy is expected to grow at 7.5 per cent this year, which will be the highest among the world's major economies," the Prime Minister said addressing the SCO Summit in Uzbekistan here.

"There are over 70,000 start-ups in India today, of which over 100 are unicorns."

"This experience of ours can be of use to many other SCO members as well. For this purpose, we are ready to share our experience with the member countries of SCO by establishing a new Special Working Group on Startups and Innovation," Modi said.

We are supporting innovation in every sector, he added.

Read also: India stocks bearish for 3rd day over monetary policy tightening worries

The Prime Minister began his address by heartily congratulating Uzbekistan President Shavkat Mirziyoyev for his "effective leadership of the SCO" in this year's challenging global and regional environment.

The SCO Summit got underway here on Friday with the participation of leaders of eight Member States, -- India, China, Russia, Pakistan, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. (UNI)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.