Overview
- DPIIT will host the January 16 event featuring the launch of 75 Grand Challenges, 20 National Startup Awards, and more than 3,000 participation requests.
- India now counts over 200,000 DPIIT-recognised startups that have created more than 2.1 million jobs, with about 80 new recognitions daily and over half based in tier-2 and tier-3 cities.
- Several MoUs have been signed to deepen corporate–startup collaboration, with companies encouraged to outsource problem-solving to startups and integrate them into supply chains to cut costs.
- India drew $51 billion in FDI over the past six months, which the government portrays as sustained investor confidence and support for manufacturing investment.
- The program highlights deep tech and AI as priority areas, with initiatives linking R&D labs to startups and funding support through schemes such as the Fund of Funds, Seed Fund, and Credit Guarantee.