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    Startup India Transforms Into a National Movement, Says Prime Minister Modi

    2 days ago

    Prime Minister Narendra Modi on Friday said that India’s youth and entrepreneurs are increasingly focused on solving real-world problems, adding that the Startup India initiative has evolved into a nationwide revolution over the past decade.

    Addressing a mega event in New Delhi to mark 10 years of the Startup India programme, the Prime Minister highlighted the rapid transformation of India’s entrepreneurial ecosystem, noting that the country has emerged as the third-largest startup ecosystem globally.

    From a Few Startups to a Global Ecosystem

    Prime Minister Modi recalled that when Startup India was launched in 2016, the country had only a handful of recognised startups. In contrast, India today has over two lakh registered startups, including more than 125 active unicorns, reflecting the scale and maturity of the ecosystem.

    He said the growth of startups has not only driven innovation but has also significantly contributed to job creation, economic resilience, and self-reliance.

    “The momentum of Startup India is accelerating. Our startups are launching IPOs, attracting global investment, and creating large-scale employment,” the Prime Minister said.

    Youth Driving Problem-Solving Innovation

    Emphasising the changing mindset of India’s youth, Mr. Modi said young entrepreneurs are no longer confined to traditional career paths and are instead building ventures aimed at addressing practical challenges in sectors such as technology, healthcare, agriculture, education, and sustainability.

    He pointed out that risk-taking, once discouraged, has now become mainstream, with young founders showing confidence, ambition, and global vision.

    “Earlier, risk-taking ideas were seen as fringe. Today, they have become fashionable,” he remarked, adding that India’s youth no longer wants to remain in comfort zones.

    Rise of Startups Beyond Metro Cities

    The Prime Minister highlighted that the startup revolution is no longer limited to major metropolitan cities. Entrepreneurs from tier-2 and tier-3 cities, as well as rural areas, are increasingly launching startups and competing at national and international levels.

    According to him, improved digital connectivity, access to funding, government support, and simplified regulations have enabled talent from smaller towns to participate in India’s innovation-driven growth story.

    “This decentralisation of entrepreneurship is strengthening the country’s economic foundation,” he said.

    Strong Participation of Women Entrepreneurs

    Prime Minister Modi also underscored the growing role of women in India’s startup ecosystem. He stated that around 45% of startups today have at least one woman director or partner, reflecting improved gender inclusion in entrepreneurship.

    He credited this progress to policy support, changing social attitudes, and increasing access to education and funding for women founders.

    “The leadership of women is adding new strength and perspective to India’s startup journey,” he said.

    Startups Powering a Self-Reliant Economy

    Describing startups as key drivers of India’s vision of Atmanirbhar Bharat (self-reliant India), the Prime Minister said innovation-led enterprises are helping the country reduce dependence on imports, boost exports, and strengthen domestic manufacturing and services.

    He added that Indian startups are not just serving domestic needs but are also gaining recognition in global markets through cutting-edge solutions and technology-driven products.

    Government’s Continued Support

    The Prime Minister reaffirmed the government’s commitment to strengthening the startup ecosystem through policy reforms, funding access, incubation support, and ease of doing business.

    Over the past decade, initiatives such as tax incentives, startup-friendly regulations, digital infrastructure expansion, and public procurement support have played a key role in encouraging entrepreneurship.

    Looking Ahead

    As Startup India enters its second decade, the Prime Minister expressed confidence that India’s entrepreneurs will play a decisive role in shaping the country’s future economy.

    “With innovation, enterprise, and determination, our startups will take India to new heights,” he said.

    The event concluded with discussions on innovation, technology, and the roadmap for sustaining India’s leadership in the global startup landscape.

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