TEAM Congratulates Prime Minister Shri Narendra Modi On His Successful Visit To The United States of America Calling It A Defining Moment For India’s Tech Sector
Tech Entrepreneurs Association of Mumbai (TEAM) congratulates Prime Minister Shri Narendra Modi on his successful visit to the United States of America. The visit which received a grand welcome has set the stage for unlocking the potential and growing the technology sector in India.
India’s technology sector has seen significant growth and is a key contributor to the country’s GDP and employment opportunities. The Indo-US partnership announcements made by the Prime Minister and US President Joe Biden are both historic in nature and tectonic in scale. These announcements will accelerate and give scale to India’s vision of a USD 1 trillion Digital Economy. The commitment from both the administrations to promote policies and adapt regulations to enable greater sharing and co-development will set the stage for the future of technology. Partnerships signed during the visit will shape the future of critical technologies such as OpenRAN wireless systems, semiconductors, artificial intelligence, and high-performance computing.
Commenting on the same, a TEAM spokesperson said, “India is at the forefront of developing technology innovations and deploying the same to improve lives and livelihood. The Prime Minister’s visit is a landmark development in unlocking tech opportunities and advancement of India’s Techade.”
Home to over 15,000 startups in India, Maharashtra has been at the forefront of enabling policies for the technology sector. Mumbai alone comprises about 25 per cent of India’s unicorns. To propel this growth further, over 35 Mumbai tech startup founders joined forces to form TEAM in 2022.
TEAM and its members congratulate Shri Narendra Modi and thank him wholeheartedly for his policies, vision and, unrelenting hard work which is leading to expanding opportunities for the country and onwards to the ultimate mission of seeing India as a developed nation.
About TEAM: – Tech Entrepreneurs Association of Mumbai (TEAM) is a non-profit, independent industry Association formed with the mission of advancing the tech startup ecosystem of Mumbai. Formed by 35 of the city’s most successful tech startup founders, TEAM is on a mission to promote Mumbai as the hub for tech entrepreneurship. Its members include founders from Mumbai-based startups including Nykaa, Pharmeasy, Upgrad, Upstox, Good Glamm Group, Zepto, Pepperfry, Infibeam Avenues, Pine Labs, BillDesk, Clevertap, Loginext, Rebel Foods and Purplle, among others. TEAM provides resources, networking opportunities and support to tech startups in the city. It is the voice for advocating policies and engaging with the Government to help Mumbai’s startup ecosystem thrive. With the aim to drive innovation and unleash the full potential, TEAM helps Mumbai’s tech enterprises synergize, collaborate and support to break barriers and achieve greater things.
