Breaking Silos: Union Minister Advocates Synergy for India's Development

Union Minister Jitendra Singh emphasized the need for collaboration between government, industry, and academia to drive India's growth. At IIM Mumbai, he highlighted the role of innovation and entrepreneurship, particularly in tech startups, as critical to achieving rapid development. The minister urged tapping into broader entrepreneurial potential beyond traditional sectors.

Union Minister Jitendra Singh has emphasized the critical need for collaboration between government, industry, and academia to achieve India's ambitious development goals, asserting that the era of working in isolation is over.

Speaking at the inauguration of a cutting-edge Incubation Centre at IIM Mumbai, Singh described synergy between public and private sectors as essential, not optional. The minister highlighted that the integration of academia, industry, and government is imperative for India's rapid growth, reiterating the redundancy of siloed operations.

Singh cited impressive growth in India's startup ecosystem, which has surged from 350 startups in 2014 to over 1.5 lakh projected by 2025, emphasizing that startup success isn't confined to IT specialists with elite degrees but thrives on innovation across various sectors.

(With inputs from agencies.)