GES reflects US-India economic, security partnership: Ivanka
Women make up the majority of the 1,500 entrepreneurs selected to attend the three-day Global Entrepreneurship Summit (GES), this year
Hosting the Global Entrepreneurship Summit (GES) for the first time in India reflects the growing economic and security partnership between the United States of America (USA) and India, Ivanka Trump, the daughter of US President Donald Trump and his Advisor, said on Tuesday. The three-day event is being co-hosted in the southern city by the US and India.
"This is the first time India has hosted the Global Entrepreneurship Summit. It is a symbol of the strengthened friendship between our two peoples, and the growing economic and security partnership between our two nations," Trump said in her address at the inaugural session of the GES. "As President Trump said earlier this year: India has a true friend in the White House," she noted, without specifying the recent pronouncements of the US administration, favourable to India in the area of security, diplomacy and cooperation. Complimenting India for being one of the fastest growing economies globally, lifting millions out of poverty and for the progress achieved in science and technology, Trump said: "The people of India inspire us all. The people of India have lifted more than 130 million citizens out of poverty. All of you are helping India's middle class reach its goal of becoming 500 million people by 2030. Its wonderful to be in this ancient city brimming with transformative technology," she said referring to Hyderabad. "Now, your tech centers may even outshine your world famous biryani," she added.
Trump noted that the Hyderabad-based start-up incubator T-Hub's "brand new facility is set to open next year and will become the largest incubator in Asia". Referring to the theme of the the 8th GES -- Women First, Prosperity For All -- Trump said this is the "key to our future". "I am proud that for the first time ever, women make up the majority of the 1,500 entrepreneurs selected to attend," she said.
The US State Department and other American agencies in partnership with India's NITI Aayog are organising the GES, which seeks to create an environment that empowers innovators, particularly women, to take their ideas to the next level.