Prime Minister Narendra Modi on Wednesday said that with more than 1.25 lakh startups and 110 unicorns, India has emerged as the world's third largest startup ecosystem and is preparing a roadmap to become a developed nation with the right decisions.
Startups will play a pivotal role in making India the 3rd largest global economy. pic.twitter.com/kpcMXXo5cx
— Narendra Modi (@narendramodi) March 20, 2024
'Startup Mahakumbh' is being organized at Pragati Maidan in the country's capital Delhi. In which businessmen from 20 countries are also included. After listening to PM Modi's speech on the third day of this Mahakumbh, the representatives of 20 countries present in the world are also surprised. Prime Minister Narendra Modi on Wednesday said that with more than 1.25 lakh startups and 110 unicorns, India has emerged as the world's third largest startup ecosystem and is preparing a roadmap to become a developed nation with the right decisions.
third largest economy
Addressing the 'Startup Mahakumbh' program here, Prime Minister Modi said that India's startup ecosystem is no longer limited to just metro cities, it has now become a social culture. On this occasion, Modi promised that in his third term he will make India the third largest economy in the world. He said that startups will play a big role in the progress of India. He said that the Startup India initiative gave a platform to innovative ideas and connected entrepreneurs and enterprises with funding.
I urge the youth to leverage the opportunities in the world of AI, semiconductors and more. pic.twitter.com/pvNV8o10Ad
Women are in charge of startups
Throwing light on the changing mindset of the people, Modi said that the youth of India have chosen the path of becoming job creators instead of job seekers. He said that more than 45 percent of Indian startups are headed by women. The Prime Minister said that India has democratized technology, hence the principle of haves and have-nots cannot work in this field. Modi said that the Rs 1 lakh crore fund announced for research and innovation in the interim budget will help emerging sectors.
100 times bigger program
According to the information, this program will include more than 2 thousand startups, more than one thousand investors, 300 incubators, three thousand conference delegates, representatives from more than 20 countries, future entrepreneurs from all Indian states, more than 50 unicorns and more than 50 thousand businessmen. There is news of joining. This event is said to be 100 times bigger than any previous event.
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