The Global Organization of People of Indian Origin (GOPIO) has announced plans to build a global network to support young entrepreneurs in India. The initiative will offer incubation assistance from experienced leaders of the Indian diaspora.
GOPIO’s international president, Prakash Shah, shared that the organization also plans to create an international fund to invest in 'unicorn' companies—startups recently formed but already valued at over US $1 billion on the Bombay Stock Exchange.
Shah mentioned, “India will soon become an Economic and a Military Superpower and the diaspora Indians would like to play a major role in helping India achieve its rightful place in the world.”
GOPIO announced the formation of new chapters in Mumbai and Gujarat for both GOPIO and the GOPIO Chamber of Commerce and Industry (GCCI).
Shah also spoke about the upcoming GOPIO Convention, which will be held from Mar.28 to Mar.30 in Brisbane, Australia. The theme of the convention is "The Diaspora Role in Shaping Future Technologies." A second track of the event will focus on topics relevant to the Indian diaspora.
Prakash Shah, a founding member of GOPIO, was honored at a ceremony on Mar.15 at the Garware Club House in Mumbai. He was recognized for his leadership and contributions.
Shah had previously been appointed by President Clinton to the Board of the Southern Africa Fund, serving for ten years as chairman of its Investment Committee. He also served as chairman of the New Jersey Development Authority under Governors Florio and Whitman.
Raj Purohit, a GOPIO advisor, former Maharashtra Cabinet Minister, and current Vice President of Maharashtra BJP (Bhartiya Janta Party), presented the citation and praised Shah for his commitment and global vision.
At the event, Shah also recalled GOPIO’s early days in 1989, when a week-long convention in New York City brought together prominent U.S. political leaders. He remembered the support of the late President Cheddi Jagan of Guyana, who personally endorsed the creation of GOPIO at that time.
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