India aims to reach in top 25 positions at Global Innovation Index: Sanjay Dhotre, MoS, Electronics & Information Technology

Technuter - 25th September 2020

India has climbed 4 spots and has recently been ranked 48th by the World Intellectual Property Organization (WIPO) in the Global Innovation Index 2020 rankings and now aims to be in the top 25 before the next raking stated Mr. Sanjay Dhotre, Minister of State for Electronics and Information Technology at the ASSOCHAM Smartech India 2020 event organized by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) today. The honorable minister stated that the government has come out with several innovations to provide a conducive ecosystem to promote start-ups in the country. “We have one of the largest numbers of start-ups in the world. The Ministry of Electronics and Information Technology is working on several initiatives as a part of the Digital India program to expand this ecosystem,” he said. According to Prabhu, the Information and Communication Technologies (ICT) over a period of time will create value for all the stakeholders, create new job opportunities, and boost the economy. The 4th ICT start-up awards were also announced on the occasion where four companies were felicitated. Signzy Technologies Pvt. Ltd. for enabling truly digital banking for users for making the digital KYC process much smoother was given the first award. The second award was given to IBRUM Technologies for their work in improving the quality of life and respiratory ailments. Into Technologies Pvt. Ltd. was awarded for its work in the field of digital broadcast through innovation. The fourth award was given to Minion Labs India Private Limited for its efforts to reduce the power cost with the help of smart devices.

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