Overview
- Marking National Startup Day in New Delhi, the prime minister urged founders to pursue new ideas with higher product quality and a stronger emphasis on AI, manufacturing and research.
- He described Startup India as a revolution that lifted the country to the world’s third-largest startup ecosystem from fewer than 500 startups in 2014.
- Government support was credited by award-winning founders, who cited schemes such as the Startup India Fund Scheme and NIDHI Prayas Yojana and recounted direct, detailed interactions with him at Bharat Mandapam.
- Arunachal Pradesh Chief Minister Pema Khandu highlighted over two lakh DPIIT-recognised startups and more than 21 lakh jobs created.
- Modi noted entrepreneurship spreading to tier-2 and tier-3 towns and rural areas, with 45 percent of startups having at least one woman director or partner.