India's Startup Surge: A Revolutionary Ecosystem
India's Prime Minister Modi highlights the growth of the Startup India mission into a nationwide revolution. It expanded from four startups in 2014 to over 125 unicorns today. The initiative encourages risk-taking and entrepreneurship, especially among youth and women, even in rural areas.
- Country:
- India
Prime Minister Narendra Modi underscored the explosive growth of India's startup ecosystem, a movement catalyzed by the 10-year-old Startup India mission.
From just four startups in 2014, the initiative has burgeoned to over 125 unicorns, making India the third-largest startup hub globally, with over 2 lakh active enterprises.
The Startup India mission is notable for encouraging risk-taking and entrepreneurship, especially among the youth and women, fostering new ventures even in tier-2, tier-3 cities and rural areas.
(With inputs from agencies.)
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