MSME Promotion Council Vice Chairman Dr C Suresh Kumar has welcomed the statement of Union Minister of Commerce and Industry ‘Piyush Goyal’ announcing the formation of Brics startup forum.

Dr Kumar said that the forum would provide a platform for startups from the Brics countries to collaborate and share knowledge. He added that it would also help to create a conducive environment for startups to grow and scale up.

“The Brics startup forum is a timely initiative and will be of great benefit to startups from the member countries,” Dr Kumar said. “I am confident that the forum will help to boost innovation and entrepreneurship in the Brics region.”

The Brics countries are Brazil, Russia, India, China, and South Africa. They are home to some of the fastest growing economies in the world and have a large pool of talented entrepreneurs. The Brics startup forum will provide a platform for these entrepreneurs to connect with each other and share their ideas.

The forum is expected to be launched in the coming months. It will be co-hosted by India and Russia.