Overview
- DPIIT secretary Amardeep Singh Bhatia said the government is nudging large companies to work with startups by outsourcing problems and integrating their solutions into supply chains, with several MoUs already in place.
- He reported $51 billion in FDI over the past six months, citing strong interest in manufacturing-linked investment.
- India now counts more than 200,000 DPIIT-recognised startups that have created about 2.1 million jobs, with 120 unicorns valued above $1 billion.
- Friday’s programme will feature National Startup Awards and the launch of 75 Grand Challenges, with the prime minister scheduled to interact with founders.
- In Delhi, the Campus-to-Market Startup Yuva Festival issued equity-free grants to top student ventures and previewed a proposed ₹325 crore startup policy targeting 5,000 startups by 2035.