Digitally savvy citizens of Middle East are highly adaptive to innovative technologies. In their endeavour to move away from oil dependency with high per capita income, the Middle Eastern economies are showing high interest to investment in start-ups, driven by innovations that would touch their daily lives.
They are convinced that this would open a great opportunity to the young population with a renewed focus on entrepreneurship, diversity, and inclusivity.
It is here that India stands a bright chance to take India’s strategic interest to the next level. India can develop innovation, lead collaborations/ participations with Middle East to create an ecosystem of venture funds for scaling up Indian start-ups in Middle East.
The session on ‘Future of India-Middle East partnership in Entrepreneurship and Start-ups’ would spotlight and draw on the leadership vision from the industry leaders from Middle East and India on their vision for reimagining start-ups and entrepreneurship ecosystem between India and economies of Middle East.
The author is Secretary General, FICCI
**This blog is a part of the ‘FICCI LEADS 2021: Reimagine the World’ series.