New Delhi :India has achieved a landmark milestone, wherein 75000 startups have been recognized in the country, according to Union Minister for Commerce & Industry Piyush Goyal .
These numbers tell the power of a vision. A vision to see innovation & enterprise drive growth, he emphasized.
Department for Promotion of Industry and Internal Trade (DPIIT) has recognized more than 75,000 startups- a milestone which coincides with 75th year of independence.
As India celebrates Azadi ka Amrit Mahotsav, Indian startup ecosystem continues to be fuelled by innovation, enthusiasm, and entrepreneurial spirit.
During Independence Day speech from the Red Fort on 15th August 2015, Prime Minister Narendra Modi had envisioned a new India which taps on the entrepreneurial potential of its people.
On 16th January of the following year, the date which has now been declared as the National Startup Day, a program was initiated to lay out an action plan to build a strong ecosystem for nurturing innovation and startups in the country.
6 years hence, the action plan has successfully guided into making India the 3rd largest ecosystem, official release said.
It is also interesting to note that, while the initial ten thousand startups were recognized in 808 days, the latest ten thousand were achieved in only 156 days.
With more than 80 Startups getting recognized per day- highest rate in the world, the future of the startup culture is very promising and encouraging
