New Delhi: Prime Minister Narendra Modi on Saturday said with 42 new Indian startup joining ‘Unicorn club’ last year, India quickly moved towards the century.
By approaching 80 startups with an assessment of more than $ 1 billion, India is home to the third largest unicorn number, with several more sets to enter the next legal league for the coming months because investors pursue profitable bets.
The government estimates that annual funding at Startup India has more than three times than around $ 11 billion to $ 36 billion in a year.
“Our startup changes the rules of the game.
That is why I believe the startup will be the new Indian backbone …
The golden era of Startup India from now on,” said PM when handling India’s initial Indian Startup Innovation.
He told the startup to expand their footprint throughout the world, while also asking them to “innovate for India, innovating from India” and registered outside the area ranging from city planning, defense and Gati Shakti as an area that can help contribute to the economic way of the main way.
He also announced that January 16, when the Indian Startup Mission was launched in 2016, here will be celebrated as the National Startup Day.
In addition to promoting entrepreneurship, the government also sees new companies as the creator of the main job.
Modi also interacts with startup, which makes presentations at six themes – growing from roots, encouraging DNA, from local to global, future technology, building champions in manufacturing, and sustainable development.
Modi said the government focused on three aspects – freeing entrepreneurship and innovation from government process networks, bureaucratic silos; Create an institutional mechanism for promoting innovation and holding innovators and young companies.
Trade and Minister of Industry Piyush are truly urgent startup to suggest how to reduce the burden of regulations to further provide encouragement.
“I was given to understand that 2021 had also seen more than 1,000 transactions with a total fund of $ 23 billion in the first nine months …
this shows our startup strength,” said Goyal.