Partnership with New South Wales to enhance Indian startup ecosystem

New South Wales Premier Gladys Berejiklian on Monday announced a two-year USD 1.58 million partnership with India to enhance the country's startup, technology, and advanced manufacturing sectors.

Berejiklian made the announcement in Mumbai at accelerator Zone Startups and said it will allow NSW entrepreneurs and technology businesses to access new markets, talent and knowledge.

The funds will be used to send NSW young entrepreneurs and startups to India to learn from the country's best and brightest, to support commercial connections between startups in NSW and India and on fostering collaboration on advanced technology projects.

"NSW is Australia's startup and technology capital and this partnership will ensure our industries grow alongside one of the world's most dynamic technology markets," said Berejiklian.

On a related note, Premier Berejiklian is in India on a trade mission between April 16 and 19. (ANI)