India-US Bilateral Knowledge Sharing Platform Launched

NEW DELHI, (IANS) – To help Micro, Small, and Medium Enterprises and startups integrate better in the global supply chain, the India-US CEO Forum’s Working Group 7  on May 27 launched the bilateral knowledge-sharing platform between India and the US.

The ‘Nihit Knowledge Platform’ will also boost jobs, said the forum on entrepreneurship, inclusive growth and promoting small businesses, in partnership with United Services Institute and CyberPeace Foundation.

The event also saw the launch of ‘Prakshepan’, a hackathon for MSMEs and startups with a prize pool and mentorship of over Rs 1 crore.

The ‘Prakshepan’ hackathon will identify, mentor, and accelerate startups that contribute to enhancing the relationship between India and the US.

With the aim of improving bilateral trade between India and the US, the forum brings together top businesses from both nations under the guidance of the Ministry of Commerce and the Department of Commerce from India and the US, respectively.