India Has World's Third Largest Startup Ecosystem; Proper Choices Have Been Taken At Proper Time: PM Modi

Prime Minister Narendra Modi visits a stall throughout the inauguration of Begin-up Mahakumbh on the Bharat Mandapam, in New Delhi

NEW DELHI, Mar 20: India has emerged because the world’s third largest startup ecosystem with over 1.25 lakh startups and 110 unicorns, and is charting a roadmap for turning into a developed nation with proper choices taken on the proper time, Prime Minister Narendra Modi stated on Wednesday.
Talking on the Startup Mahakumbh occasion, Modi stated India’s startup ecosystem will not be restricted to metro cities, it has now grow to be a social tradition.
Modi vowed that he’ll make India the world’s third largest financial system in his third time period, and asserted that startups will play a giant function in India’s progress.
The Startup India initiative gave platform to revolutionary concepts, and related entrepreneurs and ventures to funding, he stated.
India’s youth has chosen the trail of being job creator quite than job seeker, Modi stated, highlighting the altering mindset of individuals.
He stated ladies are main greater than 45 per cent of Indian startups. India has democratised know-how, and due to this fact the ‘haves and have-nots’ concept cannot work right here.
The Rs 1 lakh crore fund introduced for analysis and innovation in interim funds will assist the dawn sectors, Modi stated. (Companies)