Chandrasekhar wants robust ecosystem of startups for Next-Gen innovation
India and Trinidad and Tobago have agreed to cooperate in the areas of digital transformation by means of capacity building, training programmes, exchange of best practices, exchange of public officials and experts, development of pilot or demo solutions among others.
This was announced by Ministry of Electronics and IT on 17 Aug, a follow up to a Memorandum of Understanding (MoU) singed by the two countries on sharing of INDIA STACK — a collection of open APIs and digital public goods that aim to facilitate identity, data, and payment services on a large scale.
This collaboration comes after Minister of State for Skill Development & Entrepreneurship and Electronics & IT, Rajeev Chandrasekhar, met with Trinidad and Tobago’s Minister of Digital Transformation, Senator Hassel Bacchus, last week (ending 12 Aug).
During the meeting, they discussed mutual cooperation in the fields of IT, emerging technologies, and the India stack.
Highlighting the significance of the India Stack offerings, Minister Chandrasekhar said, “It shall create a robust ecosystem of startups, developers & system integrators working around it on Next-Gen innovation.”
Since June 2023, India has already signed MoUs with countries namely Armenia, Sierra Leone, Suriname, and Antigua & Barbuda to share India Stack while many countries like Mauritius, Saudi Arabia have shown interest and are at an advanced stage of finalizing cooperation on IndiaStack.
A similar MoU was signed with Papua New Guinea also last month, showcasing the growing interest and acceptance of the initiative on a global scale. The UPI which is also a part of India Stack, has been accepted in France, UAE, Singapore and Sri Lanka. Fiinews.com
