18September2019

Andaman Chronicle

The Daily Diary of the Islands

Ministry of Commerce & Industry in Association with Industries Directorate Conducts Seminar on ‘Startup India’

Port Blair, July 5: In an effort to mobilize the students and entrepreneurs of these Islands to become Startups leading to increase in employment in these Islands, Directorate of Industries, A&N Administration in association with Invest India Startup Team of Department for Industrial Development and Internal Trade, Ministry of Commerce and Industry, Govt. of India organized a one day seminar on “Startup India” today (5th July 2019) in the Conference Hall of Directorate of Industries, A&N Administration. Shri Indu Shekhar Mishra, Secretary (Ind.), A&N Administration was the chief Guest of the inauguration session. The inauguration session started with planting and watering of plant by the Chief Guest and other dignitaries present in the seminar, symbolizing “Go green, save planet” concept.

The chief guest launched the Andaman and Nicobar Startup Website, which will enable the interested startups to online submit applications for various incentives under A&N Innovation and Startup Policy, it will also help the startups to get a know how about the new initiative of the Administration for development of Startups in these Islands.  

In his address, the chief guest requested the entrepreneurs and students to take up their self employment ventures and provide employment. He also requested the startups to avail the various benefits of Central Government and Andaman and Nicobar Administration for strengthening their startups.

Shri Ajit Anand, Director of Industries, A&N Administration welcomed the Guest and the participating students, startups and entrepreneurs. He informed the gathering about the various initiatives of Directorate of Industries to nurture the seeds of Innovation and Entrepreneurship for building an enabling eco-system in these Islands. He informed that A&N Islands with its Andaman and Nicobar Innovation and Startup Policy has become the first Union Territory to have its Startup Policy. He also informed that the operational guidelines for fiscal incentives under the policy has been notified and uploaded in the National Portal of Startup India and also in the Administration website. He detailed about the various incentives available under the startup Policy.

Shri Nishant Malhotra, Assistant Manager, Invest India gave a wide picture about the seminar and its objective. He also detailed about the various Central Support available for startups.

The inauguration session was followed by technical session, where Shri Aaqib Hussain, Director (I & We), Mr. Anirudh Rastogi, Founder IKIGAI Law, CA Anushk Kapoor, Co founder (Fitdote) and Mrs. Reema Jain, Gugair Advisors, LLP explained the gathering about the various aspects of Startup like Do’s and Don’ts while starting up, 10 mistake startup makes etc. Shri Nishant Malhotra, Assistant Manager, Invest India gave a presentation on Startup India. 

The Seminar was attended by 150 students/startup’s and entrepreneurs. The technical session was followed by a pitching competition wherein Mr Tarun, Ms. Yasmin, Mr. Ujval Lall, Mr. Bikash Barua, Mr Vinod Varma, Mr Sunil Gupta and Mr Shivam Giri pitched their innovative idea. The Announcement of winner of pitching competition shall be declared through twitter handle of Startup India.