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Prime Minister of India interacts with Startups

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NEW DELHI: The Prime Minister Narendra Modi interacted with Startups today via video conferencing. The Startups gave presentations to the Prime Minister on six themes viz. Growing from Roots; Nudging the DNA; From Local to Global; Technology of Future; Building Champions in Manufacturing; and Sustainable Development.

More than 150 startups were divided into six working groups for the purpose of these presentations. For each theme, there were presentations by two Startup representatives, who spoke on behalf of all the startups selected for that particular theme.

During their presentation, the startup representatives thanked the Prime Minister for the opportunity to provide such a platform to share their ideas, and praised his vision and support to the startup ecosystem. They shared ideas and inputs on a variety of sectors and areas including robust data collection mechanism in agriculture; making India preferred agri business hub; boosting healthcare through use of technology; tackling issue of mental health; promoting travel and tourism through innovations like virtual tours; ed-tech and job identification; space sector; connecting offline retail market with digital commerce; increasing manufacturing efficiency; defence exports; promoting green sustainable products and sustainable means of transport, among others.

Union Ministers Piyush Goyal, Dr Mansukh Mandaviya, Ashwini Vaisnaw, Sarbananda Sonowal,Parshottam Rupala, G. Kishan Reddy, Pashupati Kumar Paras, Dr Jitendra Singh, Som Parkash were among those present on the occasion.

Speaking after the presentations, the Prime Minister said that organization of this Start Up India Innovation week is all the more important in this year of Azadi Ka Amrit Mahotsav as the role of the Start Ups will be critical when Indian freedom reaches its centenary year. “I congratulate all the start-ups of the country, all the innovative youth, who are raising the flag of India in the world of start-ups. For this culture of start-ups to reach the far-flung parts of the country, it has been decided to celebrate January 16 as National Start-up Day”, the Prime Minister announced.

Recalling the concept of the current decade as the ‘techade’ of India, the Prime Minister listed three important aspects of the massive changes that the government is making in this decade to strengthen the innovation, entrepreneurship and start-up ecosystem. First, to liberate entrepreneurship and innovation from the web of government processes, bureaucratic silos. Second, creating an institutional mechanism to promote innovation. And third, handholding of young innovators and young enterprises.

He listed programmes like Startup India and Standup India as part of the efforts. Measures like removing problems of ‘angel tax’, simplification of tax procedure, arranging for government funding, allowing self certification of 9 labour and 3 environment laws and removal of more than 25 thousand compliances have taken the process further. Startup runway on the Government e-Marketplace (GeM) platform is facilitating the provision of startup services to the government.

The Prime Minister said the Government’s effort is to institutionalize innovation in the country by creating attraction for innovation among students since childhood. More than 9000 Atal Tinkering Labs are giving children a chance to innovate in schools and work on new ideas. He added that whether it is new drone rules, or new space policy, the priority of the government is to provide opportunities for innovation to as many youth as possible. Our government has simplified the rules related to IPR registration too, he added.

The Prime Minister noted the exponential rise in the indicators of innovation. He said that in the year 2013-14, 4000 patents were approved, last year, more than 28 thousand patents were granted. In the year 2013-14, where about 70000 trademarks were registered, in 2020-21 more than 2.5 lakh trademarks have been registered. In the year 2013-14, where only 4000 copyrights were granted, last year their number has crossed 16000. The Prime Minister pointed out that India’s campaign for innovation has resulted in improvement of India’s ranking in Global innovation index where India stood at 81 rank but now India stands at 46 rank in the index.

Shri Modi informed that startups of India are working with 55 separate industries and the number of startups has increased from less than 500 five years ago to more than 60 thousand today.

The Prime Minister said “Our Start-ups are changing the rules of the game. That’s why I believe Start-ups are going to be the backbone of new India.” The Prime Minister noted that last year, 42 unicorns came up in the country. These companies worth thousands of crores of rupees are the hallmark of self-reliant and self-confident India. “Today India is rapidly moving towards hitting the century of the unicorns. I believe the golden era of India’s start-ups is starting now”, he added.

The Prime Minister underlined the role of empowerment by entrepreneurship in addressing the problems of development and regional-gender disparities. He mentioned that today, there is at least one startup in each of the 625 districts of the country and more than half of the startups are from tier 2 and tier 3 cities. These are converting ideas from ordinary poor families into businesses and lakhs of young Indians are getting employment.

Shri Narendra Modi singled out India’s diversity as a key strength and keystone of India’s global identity. He said that Indian unicorns and startups are the messenger of this diversity. The Prime Minister said start-ups from India can easily reach other countries of the world. So “don’t just keep your dreams local, make them global. Remember this mantra- let’s Innovate for India, innovate from India”, he exhorted the innovators.

The Prime Minister suggested many areas where the startup ecosystem can play a major role. He said that extra space on the PM GatiShakti National Master Plan can be used for EV charging infrastructure. Similarly, areas like defence manufacturing, chip manufacturing offer many possibilities. He dwelled on the drone sector and said that many investors have been investing in drone startups after the new drone policy. Army, Navy and Air Force have given 500 crore rupee worth orders to drone startups. In urban planning, the Prime Minister touched upon ‘walk to work concepts’, integrated industrial estates and smart mobility as potential areas.

The Prime Minister remarked that the millennials today are the cornerstone of both the prosperity of their families and the self-reliance of the nation. ‘From rural economy to Industry 4.0, both our needs and our potential are limitless. Investment on research and development related to future technology is the priority of the government today”, he said.

Referring to the future prospects, the Prime Minister said that as of now only half of our population is online, therefore future possibilities are immense and he appealed to the start- ups to move towards villages also. “Whether it is mobile internet, broadband connectivity or physical connectivity, aspirations of villages are rising and rural and semi-urban areas are waiting for a new wave of expansion”, he said.

The Prime Minister told the startups that this is a new era of innovation i.e. ideas, industry and investment and their labor, enterprise, wealth creation and job creation should be for India. “I am standing with you, the government is with you and the entire country is standing with you”, he concluded.

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Optiemus Infracom joins hands with Corning International

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NEW DELHI: Domestic contract manufacturer Optiemus Infracom has entered into a joint venture with US-based speciality glassmaker Corning International to set up India’s first manufacturing facility for producing high-quality finished cover glass parts for the mobile consumer electronics industry.

The collaboration between both the companies will help expand India’s electronics manufacturing ecosystem, as the Indian government strengthens its Make in India initiative. As a part of the joint venture, the companies strategically aim to set up a world-class manufacturing facility in India, powered by cutting-edge technologies and processes.

Driven by a shared commitment to innovation and technological excellence, this collaboration will pave the way for the manufacturing of “Made in India” finished cover glass parts for use in mobile consumer electronic devices, and other cover glass applications, to meet the needs of next-generation mobile consumer electronic devices.

The joint venture signifies a powerful synergy between Optiemus’s deep domestic industry and manufacturing knowledge of electronics and telecom market and Corning’s globally-acclaimed expertise in advanced glass technology. By combining these strengths, the joint venture aspires to not only establish cover glass manufacturing capabilities and capacity in India, but also to contribute significantly to the creation of jobs and skill development within India’s thriving technology sector, the companies said in a statement.

Ashok Kumar Gupta, Chairman, Optiemus Infracom, said, “It is a matter of great pride for us to actively contribute to the growing manufacturing ecosystem in the country. With this joint venture, initiated in line with the vision of Hon’ble Prime Minister of India of ‘Make in India’ programme and the “Atmanirbhar Bharat” initiative, we are committed to make available world-class high-quality products for global and local brands.”

“Embarking on this new journey, we intend to emerge as one of the top manufacturers of finished cover glass parts for use in mobile consumer electronic devices in the next five years. Our collective expertise in innovation, design, and manufacturing, will provide holistic solutions for the brands,” Gupta added.

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MediaTek Catch-up with Tech: Infinix Zero 30 5G with Dimensity 8020 launched

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NEW DELHI: Chipset maker MediaTek, which claims to power more than two billion connected devices every year, hosted ‘Catch-up with Tech’ in collaboration with handset brand Infinix on August 28 to share insightful and engaging conversations about the new-age smartphones and innovative technologies powering everyday lives.

The meet-up threw the spotlight on the MediaTek Dimensity Auto, Satellite solutions and Generative AI along with an extensive showcase of newly-launched Infinix Zero 30 5G powered by MediaTek Dimensity 8020, Infinix GT 10 Pro powered by MediaTek Dimensity 8050, and Infinix QLED TV powered by MediaTek.

In terms of specs, the Infinix Zero 30 5G is tailored for young storytellers and creators, featuring the first-ever smartphone to deliver 4K 60fps video recording from its 108 MP OIS rear camera and ultra-high resolution 50MP front camera. The Zero 30 series powered by MediaTek Dimensity 8020 is said to be a game changer for the front camera vlogging experience along with being the slimmest curved AMOLED smartphone in the segment with glass and a vegan leather back panel. It also claims to be one of the most premium-looking devices in the segment.

The event witnessed a panel discussion moderated by Anuj Sidharth, Deputy Director Marketing & Corporate Communications, MediaTek and included expert panelists from Infinix, MediaTek and two renowned professional photographers.

“With the fifth edition of Catch-up with Tech, we aim to bring consumers closer to the technology and enable them to make informed buying decisions based on their diverse needs. In collaboration with Infinix, this meet-up is in-line with MediaTek’s vision of technology democratization and making innovative technology accessible to everyone,” said Anku Jain, Managing Director, MediaTek India. “The MediaTek Dimensity 8020 in Infinix Zero 30 5G brings faster displays, brilliant cameras and ultra-fast performance. Further, MediaTek Imagiq technologies enrich the capture experience by combining dedicated AI, imaging processors and accelerators to provide incredible results,” he added.

Anish Kapoor, CEO, Infinix Mobile India, said, “Featuring India’s first 50MP 4K 60 fps video recording, Infinix Zero 30 5G is primed to redefine smartphone imaging capabilities, setting a new standard for the creators and vlogging enthusiasts. Our collaboration with MediaTek has played a pivotal role in shaping our exceptional smartphone portfolio, and the Zero 30 5G stands as evidence of our unwavering commitment to innovation and delivering unmatched experiences to our users. The display and design of the device represent a leap forward in smartphone technology. As Infinix Zero 30 5G hits the shelves, we are positive that our customers will find this new offering as exhilarating as we do, further empowering creators to capture their story like never before.”

Radhakrishnan Chakyat, a photography evangelist, founder and host of Pixel Viilage, said, “Infinix Zero 30 5G smartphone powered by MediaTek Dimensity 8020 chipset has amazing hardware features, an excellent camera, dual-view video mode and is primed for optimal content creation and saves a tremendous amount of editing time.”

Aarzoo Khurana, a wildlife photographer, said, “Over the last few days, I clicked various pictures and recorded a few videos with the newly-launched Infinix Zero 30 5G powered by MediaTek Dimensity 8020, and the experience has been truly inspiring. Infinix’s smartphone’s OIS feature helps content creators click shake-free pictures and the front camera, which is extremely sharp and detailed, enables content creators to click countless selfies.”

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Ampverse joins hands with DMI Finance

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NEW DELHI:Ampverse, a leading ecosystem of gaming communities and IPs in Asia, has teamed up with DMI Finance, India’s leading non-banking financial company, to fuel the growth of esports in India.

The two companies will co-develop and launch a series of esports intellectual properties (IP) and data-driven products and services for gamers in India. The first IP being launched is College Rivals.

The unveiling of the launch video of College Rivals by Ampverse DMI offers an intriguing glimpse into the forthcoming excitement that awaits the gaming community. Gaming enthusiasts can expect a fusion of high-energy esports tournaments, mentorship from accomplished professional players, appearances by influential gaming figures, and numerous other exciting elements as the launch of College Rivals draws near.

College Rivals aims to foster a sense of unity among college students through thrilling esports competitions, characterised by vibrant tournaments, influencer engagements, musical interludes, and intensive training camps that aim to propel players to the zenith of Indian esports excellence. The overarching objective of this initiative is to nurture emerging gaming talent within India, cultivating a spirited and inclusive college community.

The collegiate IP – College Rivals will be travelling across various cities like Delhi, Bangalore, Hyderabad, Pune and Mumbai to handpick top-tier players from each location, and later concluding its journey to host the highly anticipated ‘Grand Finale’ event in Mumbai in early 2024. Here, champions from the six featured games will be celebrated, bringing India’s largest esports talent hunt close with unparalleled excitement for participants, according to the press statement.

Charlie Baillie, CSO, Ampverse, shared his excitement about this new venture, “I’m proud to announce the launch of the first collaboration from Ampverse DMI in India, guided by a shared vision to both nurture and unlock the vast potential of the nation’s rapidly growing esports and gaming sector. Extensive strategic efforts from both DMI and Ampverse teams have culminated in our exciting first new venture, dedicated to providing exceptional gaming experiences and a platform to identify the best talent within the Indian college esports community.”

Shivashish Chatterjee, Co-founder and Joint Managing Director of DMI Finance, shares, “We are thrilled to launch College Rivals as the first product of DMI’s partnership with Ampverse. We firmly believe that esports is a significant part of the future of both competitive and spectator sports in India. The journey of esports to the mainstream of competition and entertainment promises to be exhilarating, and DMI is committed to supporting this evolution to the fullest extent.”

Ampverse DMI also unveiled the Gaming Truck – an ingenious and immersive gaming experience primed to embark on a captivating journey across the campuses of Delhi’s colleges. This gaming truck is a hub of excitement, boasting an array of gaming stations paired with a dynamic DJ setup, promising an enthralling entertainment encounter for all in attendance, the companies said in a statement. The Gaming Truck will be travelling 5,000 kilometres, charting its course through five pivotal cities – Delhi, Mumbai, Bangalore, Pune, and Hyderabad as a part of its journey.

With College Rivals, both participants and spectators alike can anticipate an array of activities, and the exhilarating presence of some of their cherished gaming influencers.

 

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