India invites BRICS nations to boost startup cooperation
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New Delhi: India has invited all BRICS member countries to enhance cooperation in the startup sector to promote innovation, the commerce and industry ministry said Monday.It was suggested by India at the 9th BRICS Industry Ministers' meeting on May 21 at Brasilia. BRICS is an intergovernmental organisation comprising 10 countries-Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the UAE.India will assume the BRICS presidency in 2026.India launched the BRICS Startup Knowledge Hub on January 31, 2025, under the aegis of the BRICS Start-Up Forum.This is the first-of-its-kind dedicated platform for BRICS nations, aimed at enhancing cross-border collaboration and strengthening startup ecosystems across member countries.
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