ENA Sectors 2024-03-18 18:13:45 <p><span style="font-size:14px"><strong>New Delhi, Mar 18 (KNN)</strong> India is striving to elevate its global innovation ranking, with the forthcoming Start-up Mahakumbh poised to play a pivotal role in this endeavour, as stated by RK Singh, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT).</span></p> <p><span style="font-size:14px">Scheduled to commence on Monday, the three-day event aims to galvanise innovation and entrepreneurship across the nation.</span></p> <p><span style="font-size:14px">Singh articulated, India currently stands at 40 in terms of innovation, and our objective is to ascend from this position. We envision Start-up Mahakumbh not just as a significant event but as an annual affair, fostering the growth of India's start up ecosystem. </span></p> <p><span style="font-size:14px">The event aims to unite innovators nationwide, aspiring to transform it into the largest global gathering of its kind.</span></p> <p><span style="font-size:14px">Start-up Mahakumbh will encompass ten key focus areas, ranging from artificial intelligence and software-as-a-service to agritech, biotech, and pharmaceuticals, among others.</span></p> <p><span style="font-size:14px">Notably, it anticipates the participation of over 40 unicorn start-ups, valued at over USD 1 billion each, including renowned companies like Lenskart, Boat, and Oyo.</span></p> <p><span style="font-size:14px">Furthermore, the event will feature insights from industry stalwarts like Mithun Sacheti, Founder, CaratLane, who successfully transitioned the Omni channel jewellery retailer to Titan Company within a decade. Sacheti is set to share his experiences during the event, contributing to its enriching discourse.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 37078 https://knnindia.co.in/news/newsdetails/sectors/india-aims-to-boost-global-innovation-ranking-with-start-up-mahakumbh 2024-03-18 18:13:45 knnindia.co.in