Shiv Nadar University Hosts GTIPA Summit 2024, Exploring India’s Emerging Global Innovation Influence

The GTIPA Summit 2024 included global leaders from over 35 countries including founders and investors joining the 'India: The Innovation Hub for Tomorrow' theme. 

Shiv Nadar University hosted the GTIPA Summit 2024 in partnership with the Global Trade and Innovation Policy Alliance (GTIPA) at the premises. The GTIPA was held for the very first time in India where global policymakers, industry leaders, and academic experts gathered to provide information on global trade innovation policy and sustainable economic growth. 

Abhay Karandikar, Secretary of the Department of Science and Technology (DST), Ministry of Science and Technology, Government of India, shared valuable insights into India’s rapidly expanding innovation ecosystem and highlighted the rise of over 10,000 deep-tech startups across fields such as artificial intelligence, clean energy, and biotechnology, many of which are translating academic research into commercial success. 

Montek Singh Ahluwalia, former Deputy Chairman of the Planning Commission of India shared his delight about the event saying “Innovation is driven by creative destruction—the need to replace outdated systems with more efficient ones. India’s strength in software and emerging sectors like drones offers a unique opportunity to build globally competitive products. However, for India to lead, we must foster a more open trade regime that enables startups to thrive, focusing not just on growth but on profitability and long-term sustainability. Institutions like Shiv Nadar University play a crucial role in nurturing talent and fostering the kind of innovation that will shape the industries of the future.”

The theme of the event was 'India: The Innovation Hub for Tomorrow'. Leaders from over 35 countries including the US, UK, and Asia Pacific joined the event including diplomats, bureaucrats, industry CEOs, startup founders, and investors. Key discussions included India’s growing role in global semiconductor supply chains and regional innovation ecosystems driving national growth.

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