How has Startup India transformed the country's entrepreneurial ecosystem since its launch?
Since its 2016 launch, Startup India has transformed the country into the world's third-largest startup ecosystem with over 1.59 lakh recognized startups. This initiative has created more than 16.6 lakh jobs, shifting India from job seekers to job creators, with cities like Bengaluru, Hyderabad, and NCR leading innovation hubs. The program's success is driven by comprehensive support mechanisms including funding assistance, tax benefits, and sector-specific policies in agriculture and biotechnology. Women entrepreneurs have made significant inroads with over 73,000 startups having at least one woman director, while programs like Startup Mahakum further strengthen the ecosystem through collaboration and growth opportunities.
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Celebrating 9 Years of Startup India: Growth in Innovation and Job Creation
Channel IAM-English·6 months ago