Amid Exodus Of Indian Startups, FM Sitharaman Says Ready To Address Issues

Amid Exodus Of Indian Startups, FM Sitharaman Says Ready To Address Issues

SUMMARY

I would think continuous engagement with the startups is what is going to help them to remain and do better within India: FM Sitharaman

She said that the government’s doors are open for startups and that they are ready to address the issues

FM’s comments come at a time when a growing number of Indian startups have either departed from the country or are mulling moving their base to Dubai or Singapore

Commenting on the growing startup exodus from the country, Finance Minister (FM) Nirmala Sitharaman said that the government is ready to engage with startups to address issues facing the ecosystem. 

“So I would think continuous engagement with the startups is what is going to help them to, one, remain and, second, do better within India. But, if there are temptations for which they would want to go outside, we need to understand how much we can entertain and serve on those courses. Not all of them are possible but equally, we can try,” said Sitharaman.

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