WTC Mumbai inks pact with SPTBI to promote global competitiveness in Indian start-ups and MSMEs
Mumbai : MVIRDC World Trade Center Mumbai (WTC Mumbai) has signed a Memorandum of Understanding (MoU) with the Sardar Patel Technology Business Incubator (SPTBI) to promote global competitiveness in Indian start-ups, MSME units, and women entrepreneurs in the country.
Speaking on this occasion, Ms. Rupa Naik, Executive Director, MVIRDC WTC Mumbai remarked, “This MoU has set the framework for developing a globally competitive ecosystem for start-ups, MSMEs, and women entrepreneurs by drawing upon the strengths of both the organizations.”
In his remarks, Prof. Dr. B. N. Chaudhari, Chairperson, Sardar Patel-Technology Business Incubator Bhavan’s Campus pointed out, “In this age of rapid transformation in technology and market dynamics, both the organizations will help start-ups and MSMEs stay relevant by enabling high-powered business networking through trade missions, delegations, international fairs, exhibitions and other trade events.”
It may be recalled that Hon’ble Prime Minister Shri Narendra Modi had in 2021 declared that January 16 would be observed as National Startup Day to celebrate the Indian startup ecosystem.
The year 2023 marks six years of the launch of the Government of India’s flagship Startup India Mission. Now, the government positions ‘Startup India’ as a symbol of Self Reliance and Self Confidence.
WTC Mumbai will leverage its unparallel network of nearly 319 World Trade Centers across 92 countries or regions and its strong ties with diplomatic missions of foreign countries in India to facilitate the exchange of business proposals related to trade, investment and technology transfers. Start-ups incubated at the Sardar Patel Technology Business Incubator stand to benefit from more than 60 trade programs, new age digital exhibition platform wetrade.org and the newly established Center of Excellence at WTC Mumbai.
WTC Mumbai’s flagship programs such as World Trade Week, Global Economic Summit, and its real estate facilities at the premium business center of Mumbai will help start-ups develop new business contacts and gain visibility in the global market.