India’s startup founders should focus on creating institutions, not just valuations: PM Modi
Team Udayavani, Feb 17, 2021, 2:27 PM IST
Mumbai: Prime Minister Narendra Modi on Wednesday urged India’s startup founders to think how to create institutions and not focus on valuations alone.
Addressing the Nasscom Technology and Leadership Forum here, Modi said that startups should not restrict themselves only to valuations on exit strategies. They should think of creating an institution that can outlive this century by creating world class products that will set the global benchmark of excellence.
The Prime Minister further said the large population of the country is the IT industry’s biggest strength as people are eager to adopt newer solutions.
IT industry’s corporate social responsibility (CSR) efforts to develop lateral thinking in rural kids can prove to be a gamechanger for India, Modi noted.
The country is not short of ideas, he said, adding that it needs mentors to help turn ideas into reality.
The IT industry will have to develop solutions for societal good which leverage on the wide optical fiber cable (OFC) network we are laying across the country, Modi said.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Gang providing bank accounts to cyber fraudsters to launder money busted in Surat; 4 held
Haryana Shiv Sena leader claims he received threat call from Bishnoi gang
Maharashtra Assembly Elections 2024 | Congress in clutches of urban naxals, became puppet of people with divisive agenda: J P Nadda
Even if Indira Gandhi returns from heaven, Article 370 will not be restored: Amit Shah
Jharkhand Assembly Elections 2024 | EC orders suspension of IPS officer posted as observer for dereliction of duty
MUST WATCH
Latest Additions
Gang providing bank accounts to cyber fraudsters to launder money busted in Surat; 4 held
World Diabetes Day: One-fourth of people living with diabetes in 2022 are in India, Lancet study estimates
CM Siddaramaiah says no decision taken on 4 per cent Muslim reservation in govt tenders
Haryana Shiv Sena leader claims he received threat call from Bishnoi gang
Vitla: Tree falls on truck, blocks Mani-Mysuru State Highway
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.