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Startup Boost, Not App Comeback: India Engages Alibaba.com for Global Market Access
Startup India Alibaba Partnership: The Indian government has partnered with Chinese giant Alibaba.com to boost exports. While apps like TikTok remain blocked, this government move to provide startups with a global market has become a topic of discussion. This has raised questions about whether this will pave the way for TikTok's return. Learn more...
The Indian government has formed a limited partnership with the Chinese business-to-business online marketplace Alibaba.com to connect startups and small businesses with the global market. This partnership is a part of the Indian government’s initiative called Startup India. The restrictions on consumer apps introduced in 2020 still persist, and there is no news of the return of TikTok.
This partnership is not directly for consumers. Alibaba.com is a B2B (Business to Business) platform, which means that more than 50 million active buyers are connected with suppliers across 200 countries. The government's aim is to promote the international market for Indian startups and MSMEs. It has also been clearly mentioned that the aim of this move is to increase exports. It has nothing to do with the return of consumer apps.
Following the India-China tensions in the Galwan Valley in 2020, the Indian government banned several Chinese apps for national security reasons. These included TikTok, PUBG Mobile, and AliExpress. Today, this collaboration is being seen not as a relaxation of that strict policy, but as a limited and controlled business engagement.
