SME Times News Bureau | 10 Oct, 2018
India-Africa
relationship heralded a new paradigm using tech-led innovations from India to
create socio-economic impact development in Africa, said industry body FICCI on
Tuesday.
Speaking
about a pilot project- India-Rwanda Innovation Growth Programme, that was
celebrated with awards to 11 enterprises that matched with 14 Rwandan
enterprises, the industry body said this, adding that Indian Prime Minister Narendra
Modi wants to share Indian technology for shared prosperity (in Africa).
Addressing
the ceremony, Ernest Rwamucyo, High Commissioner of Rwanda to
India said, "Testimonies from Rwandan entrepreneurs and their
respective Indian counterparts are giving us confidence that the IRIGP launched
one year ago is working and that companies from both sides are going towards perfect matches"
The
bilateral initiative is being led by the Department of Science and Technology
(DST), Govt. of India with the Federation of Indian Chambers of
Commerce and Industry (FICCI)and the National Industrial Research Agency
(NIRDA), Rwanda serving as the implementation partners.
IRIGP
drew exceptional response in both countries, with over 230 applications from
Indian startups, and over 300 Expression of Interests (EOIs) from Rwandan enterprises.
Then, best Indian technologies were matched with appropriate Rwandan
enterprises, selected by technical and business experts based on a multitude of
criteria.
Harkesh Mittal, Adviser, Member Secretary, National Science &
Technology Entrepreneurship Development Board (NSTEDB), DST, Govt. of
India said, "Having successfully demonstrated impact in India, I am confident that these Indian
technologies are ready to be scaled and replicated in Rwanda in partnership
with Rwandan industry ".
Prior
to the awards ceremony, the Rwandan enterprises visited their Indian
counterparts across India over a 3-day period, undergoing hands-on training and
exposure to the Indian partner?s on ground operations.