{"id":17866,"date":"2017-09-15T23:09:28","date_gmt":"2017-09-16T06:09:28","guid":{"rendered":"http:\/\/siliconeer.com\/current\/?p=17866"},"modified":"2017-09-15T23:10:03","modified_gmt":"2017-09-16T06:10:03","slug":"ges-in-hyderabad-to-demonstrate-india-u-s-partnership-ross","status":"publish","type":"post","link":"https:\/\/siliconeer.com\/current\/ges-in-hyderabad-to-demonstrate-india-u-s-partnership-ross\/","title":{"rendered":"GES in Hyderabad to Demonstrate India-U.S. Partnership: Ross"},"content":{"rendered":"

U.S. Commerce Secretary Wilbur Ross (l) delivers remarks as Ivanka Trump looks on during an event at the Eisenhower Executive Office Building, April 4, in Washington, D.C. U.S. President Donald Trump also delivered remarks and answered questions from the audience during a town hall event with CEOs on the American business climate. (Win McNamee\/Getty Images)<\/em><\/p>\n

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The Global Entrepreneurship Summit to be held in Hyderabad this year will be another demonstration on how India and the U.S. can work together to advance the digital economy and entrepreneurial skills of their citizens, Commerce Secretary Wilbur Ross has said. To be hosted jointly by India and the U.S. from November 28-30, the Global Entrepreneurship Summit (GES) will attract world\u2019s top entrepreneurs, particularly women. The American delegation would be led by Ivanka Trump, writes Lalit K. Jha.<\/b><\/p>\n

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\u201cI look forward to showcasing our shared passion for innovation and entrepreneurship through this year\u2019s Global Entrepreneurship Summit,\u201d Ross said Sept. 12.<\/p>\n

\u201cIt will be another demonstration how we can work together to advance the digital economy and the entrepreneurial skills of our citizens. GES 2017 will be an ideal meeting spot for innovators, entrepreneurs and investors from all around the world,\u201d he said.<\/p>\n

Inaugurating the U.S.-India Business Council\u2019s Global Entrepreneurship Conclave \u201cRoad to GES Series,\u201d Ross said the host city Hyderabad was home to a vibrant startup ecosystem, including \u2018T-Hub\u2019 (Telangana Hub), a public-private partnership that is India\u2019s largest startup incubator.<\/p>\n

The theme for this summit is \u201cwomen first prosperity for all\u201d with an emphasis on promoting more women-owned enterprises as drivers of the global economy, he said.<\/p>\n

Noting that Ivanka herself is a talented and successful entrepreneur, Ross said she is also a terrific role model and a passionate advocate for women empowerment.<\/p>\n

Ivanka\u2019s visit to India for GES \u201cepitomizes\u201d the surge of women leaders on the world stage, said Indian Ambassador to the U.S. Navtej Sarna.<\/p>\n

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File photo of Google CEO Sundar Pichai speaking at the 2016 Global Entrepreneurship Summit at Stanford University on June 24, 2016 in Palo Alto, Calif. President Obama joined Silicon Valley leaders on the final day of the Global Entrepreneurship Summit. (Justin Sullivan\/Getty Images)<\/figcaption><\/figure>\n

\u201cThe focus of the summit will be on four key areas: energy and infrastructure, health care and life sciences, financial technology and the digital economy and media and entertainment. This is the first time GES will be hosted in South Asia,\u201d he said.<\/p>\n

Sarna said start-ups in India can create 3.5 million jobs and contribute billions to the economy in 10 years.<\/p>\n

Last year, GES attracted 700 global entrepreneurs and 300 investors. Emerging entrepreneurs will be there to network, pitch, find mentors and most importantly secure capital.<\/p>\n

\u201cThe next step will be a new business, a new industry and possibly the introduction of tomorrow\u2019s world changing technology. All of which will create jobs, most important task for both of our nations,\u201d Ross said.<\/p>\n

GES will help participating U.S. companies better understand how to play a role in India\u2019s new business start-up culture, said Alice Wells, Acting Secretary of State for South and Central Asia.<\/p>\n

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File photo of former President Barack Obama and Google CEO Sundar Pichai taking part in a Google Portal virtual conversation at Stanford University in Palo Alto, Calif. on June 24, 2016. (Mandel Ngan\/AFP\/Getty Images)<\/figcaption><\/figure>\n

\u201cAs we launch the \u2018Road to GES: U.S. Series\u2019 in communities throughout the nation, we aim to share first-hand the best practices of the U.S. start-up ecosystem and the innovation and new perspectives of Indian entrepreneurs that can generate new approaches to 21st<\/sup> century problems and contribute to job growth and prosperity in both our countries,\u201d she said.<\/p>\n

India needs empowered and well-funded entrepreneurs to create the one million new jobs it needs every month to employ its rapidly growing labor force. Entrepreneurship will be a critical part of that job creation, she said.<\/p>\n

\u201cThe easier it becomes to start, scale, exit, and invest in a business in India, the more entrepreneurs will be encouraged to pursue value creation in the Indian market.<\/p>\n

\u201cAnd as the Indian business environment becomes more attractive to India\u2019s entrepreneurs, it will also attract more American investment. Our economies truly do have much to offer each other,\u201d Wells said.<\/p>\n","protected":false},"excerpt":{"rendered":"

U.S. Commerce Secretary Wilbur Ross (l) delivers remarks as Ivanka Trump looks on during an event at the Eisenhower Executive Office Building, April 4, in Washington, D.C. U.S. President Donald Trump also delivered remarks and answered questions from the audience during a town hall event with CEOs on the American business climate. (Win McNamee\/Getty Images)…<\/p>\n

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