Looking at creating a fund for agritech startups, says Piyush Goyal
Zee News
Technology and innovation will be the key driving force for India and its economy, he said.
New Delhi: The government is looking at creating a fund for agritech startups, Commerce and Industry Minister Piyush Goyal said on Sunday.
The government is looking at significant participation of startups in defence R&D as huge opportunities are there in drones, defence and technical textile sectors for entrepreneurs, the minister said at a webinar.
Technology and innovation will be the key driving force for India and its economy, he said.
"We are looking at significant participation of startups in defence R&D. We are looking at creating a fund for agritech startups," Goyal said.
India has the third largest startup ecosystem in India with over 65,000 registered startups in just five years.
