Startup boom propels India to global top three: Jitendra Singh

Startup boom propels India to global top three: Jitendra Singh



Union Minister Jitendra Singh on Friday said India has witnessed a transformational rise in entrepreneurship, with the number of startups growing to over two lakh, making the country the third-largest in the startup ecosystem.

“Today, the results speak for themselves. In just a few years, we have grown from 350-400 startups to more than two lakh, and India now ranks third in the world. This reflects how far we have come and how much we have achieved,” Singh said while addressing a startup camp organised by the Indian Institute of Integrative Medicine in Jammu.

Singh said that this also points out that children had talent and the capacity to do things, but they were not channelised in a particular direction.

Highlighting Doda as the birthplace of the purple revolution as part of the Startup India movement, the minister said the initiative has earned nationwide recognition and is now being celebrated across the country.

“From Uttarakhand and Himachal Pradesh to Arunachal Pradesh and as far as Nagaland, all Himalayan states are virtually part of this celebration,” he said.

Singh said the region has emerged as a new centre of entrepreneurship for the youth, with agriculture at its core.