It is true that India Innovation Hub and DSO have partnered together to help startups grow.
Dubai Silicon Oasis (DSO), the integrated free zone technology park and India Innovation Hub will aim to work together to support startups from across the region. On 17 January, Dr. Aman Puri, Consul General of India in Dubai and Deputy Commissioner-General for India at Expo 2020 Dubai toured the Dubai Technology Entrepreneur Campus (Dtec) and discussed collaboration opportunities between DSO, Dtec, and India Innovation Hub at the India Pavilion in Expo 2020 Dubai.
Potential partnerships
Dr. Puri said, “The Government of India and the UAE are committed to working together to foster innovation between the two countries and contribute towards a sustainable world. India has emerged as an innovation hub with the world’s third-largest startup ecosystem with 42 Indian startups joining the Unicorn Club in 2021. The UAE is a global hub for expats and global businesses, which provides immense business opportunities for Indian talent.”
Dr. Puri toured Dtec and discussed partnership opportunities between DSO, Dtec, and India Innovation Hub. Dr. Puri’s delegation included six Indian startups that focus on travel and tourism. Their ideas were presented for potential incubation at DSO.
Long-Standing relations
“UAE and India share deeply rooted bilateral relations and have been key trading partners for centuries. In the last few weeks of 2021, both nations concluded negotiations for a bilateral trade agreement that aims to boost non-oil trade to at least $100 billion over the next five years. In contribution to this ambitious plan, we aim to be a key enabler and incubator for startups and entrepreneurs, from all over the world, looking to expand into the region.
“In contribution to this ambitious plan, we aim to be a key enabler and incubator for start-ups and entrepreneurs, from all over the world, looking to expand into the region. Providing world-class facilities to streamline business set-up and operations, DSO is home to more than 1,000 companies from more than 75 countries,” said Dr. Juma Al Matrooshi, Director General, DSO.
Showcasing startups
Over the course of Expo 2020 Dubai, the India Innovation Hub has hosted over 190 Indian startups. Through a series of interactions with organizations including DSO, Dtec, TiE Dubai, the Hub has provided opportunities for Indian companies to interact with investors and their global counterparts for further networking and partnership.
The Indian Pavilion at Expo 2020 Dubai has previously showcased opportunities within the country, such as investment opportunities in the petroleum and fintech sectors.
Thus, such is how strategic planning is undertaken by both to leverage the functioning of startups.
