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India Marks 10 Years of Startup India With Deep-Tech Pivot and Corporate–Startup Push

Recent $51 billion in FDI underscores investor confidence in India’s startup-led manufacturing push.

Overview

  • Prime Minister Narendra Modi will address National Startup Day on Friday as DPIIT stages the 10th‑anniversary event with 75 Grand Challenges and 20 National Startup Awards.
  • DPIIT Secretary Amardeep Singh Bhatia said the government is nudging large companies to sign MoUs, outsource problems to startups, and integrate their solutions into supply chains.
  • Officials signaled a next‑phase focus on deep tech and AI, targeting customised solutions for industry to lower manufacturing costs and build a high‑tech ecosystem.
  • India counts over 200,000 DPIIT‑recognised startups that have created about 2.1 million jobs, with significant participation from tier‑2 and tier‑3 cities.
  • Delhi’s ‘Campus to Market’ Startup Yuva Festival awarded equity‑free grants to student ventures and outlined a proposed ₹325 crore, five‑year startup policy aiming to enable 5,000 startups by 2035.