TiE Global Summit pitches for multi-city model to boost startup growth in Andhra Pradesh
1 month, 2 weeks ago

TiE Global Summit pitches for multi-city model to boost startup growth in Andhra Pradesh

New Indian Express  

VIJAYAWADA: Murali Bukkapatnam, based in the USA, made history as the first entrepreneur from the Telugu States to be elected Chair of The Indus Entrepreneurs Global Board of Trustees. Explaining the activities of TiE, which operates in 16 countries and drives $50 billion in investments while mentoring startups, Murali emphasised TiE’s efforts to extend beyond major cities, focusing on Tier 2 and 3 cities, with TiE Vizag aiming to become a prominent startup hub through robust investor networks and mentorship. Top institutions like Andhra University, IIM Vizag, and GITAM provide a steady pipeline of skilled talent while emerging sectors such as luxury tourism, marine biotech, and aquaculture show significant promise. Discussing the State’s startup potential, Murali identified Andhra Pradesh’s strengths in agriculture, marine, and manufacturing. He also drew parallels between resources available in Japan and Andhra Pradesh, emphasising that Andhra’s Araku coffee has global potential and Rishikonda Beach could become a luxury tourism hub.

History of this topic

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