As of January 31, 2026, a total of 2,12,283 entities have been recognised as “startups” by the Department for Promotion of Industry and Internal Trade (DPIIT), he said in a written reply to the Lok Sabha.
Citing the Ministry of Corporate Affairs, he said as many as “6,789 recognised startups are categorized as closed (i.e dissolved/struck-off)”.
A maximum number of 875 startups that are closed are from the IT services sector. It was followed by 553 from healthcare and life sciences, 491 from education, 320 from food and beverages, and 301 from agriculture.
He added that startup closures that occur are generally influenced by factors such as the viability of the business model, alignment with market demands, domestic and global economic conditions, the nature of products and services developed, the ability to attract funding, and other business-specific considerations.
In a separate reply, the minister said in January, smartphones worth USD 2.56 billion were exported.
During April-December 2025, these exports were USD 21.37 billion, out of which the contribution of Maharashtra was USD 594 million.
In another reply, he said on date, 142 Quality Control Orders (QCOs) covering 721 products have been notified by ministries under the BIS Act, 2016.
“The government has been periodically reviewing the implementation of QCOs and Omnibus Technical Regulations (OTRs) notified by various ministries/departments to ensure that the objectives of ensuring product quality, safety and reliability are achieved without causing undue disruption to industry or supply chains,” he added.