Will PM Modi Engage with India's Thriving Startup Scene?
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Synopsis
Join us as we explore Prime Minister Modi's upcoming interaction with India's thriving startup community. Celebrating a decade of the ‘Startup India’ initiative, this event highlights the nation's commitment to fostering innovation and entrepreneurship that is reshaping the economic landscape.
Key Takeaways
- PM Modi to engage with startup community on Jan 15.
- Celebrating 10 years of the ‘Startup India’ initiative.
- Over 200,000 startups recognized in India.
- Initiative contributes to 2.1 million jobs created.
- Focus on leveraging AI for societal benefits.
New Delhi, Jan 15 (NationPress) Prime Minister Narendra Modi is poised to take part in a significant event in the capital this Friday, commemorating a decade of the ‘Startup India’ initiative, as announced on Thursday.
The ‘Startup India’ program was inaugurated on January 16, 2016, by the Prime Minister as a groundbreaking national effort aimed to foster innovation, encourage entrepreneurship, and facilitate investment-led growth, with the aim of transforming India into a hub of job creators instead of job seekers.
As per a statement from the Prime Minister's Office (PMO), PM Modi will connect with members of India's dynamic startup ecosystem.
Representatives from select startups will provide insights from their entrepreneurial experiences. The Prime Minister is also scheduled to deliver a keynote address during this event, the statement further indicated.
During this period, India's startup ecosystem has experienced remarkable growth, with over 200,000 startups recognized nationwide.
These ventures have emerged as crucial engines of job creation, fostering innovation-driven economic growth and strengthening domestic value chains in various sectors.
The ‘Startup India’ initiative has become a fundamental aspect of India's economic and innovation framework.
It has reinforced institutional structures, broadened access to capital and mentorship, and created a supportive environment for startups to develop and expand across different sectors and regions, as noted in the statement.
Last week, PM Modi urged startups to harness AI for the benefit of society. While presiding over a roundtable discussion with Indian AI startups at his residence at 7, Lok Kalyan Marg, the Prime Minister encouraged them to make AI affordable, inclusive, and transparent.
The government reports a consistent surge in the startup ecosystem, with the Department for Promotion of Industry and Internal Trade (DPIIT) registering a total of 201,335 startups eligible for incentives under the ‘Startup India’ initiative, which have collectively generated over 2.1 million jobs across the nation.
Domestic patent applications by Indian innovators surged by 425% from 2014 to 2024, and India's position in the Global Innovation Index has improved to 38th in the GII 2025 rankings.
Point of View
I believe this event marks a pivotal moment for India's entrepreneurial landscape. PM Modi’s direct engagement with startups underscores the government’s commitment to fostering a robust ecosystem that prioritizes innovation and job creation. It is essential for the nation to continue supporting these initiatives to maintain momentum in economic growth.
NationPress
15/01/2026
Frequently Asked Questions
What is the 'Startup India' initiative?
The 'Startup India' initiative, launched by Prime Minister Modi in 2016, aims to promote entrepreneurship, foster innovation, and create a conducive environment for startups in India.
How many startups are recognized under 'Startup India'?
Currently, there are over 200,000 startups recognized under the 'Startup India' initiative, contributing significantly to job creation and economic growth.
What role does AI play in the startup ecosystem?
AI is seen as a pivotal technology that can enhance various sectors, and PM Modi has encouraged startups to make it accessible and beneficial for society.
What impact has 'Startup India' had on job creation?
The initiative has led to the creation of more than 2.1 million jobs across the country, highlighting its significant impact on employment.
How has India performed in the Global Innovation Index?
India's rank in the Global Innovation Index has improved to 38th in the GII 2025 rankings, reflecting the growth of its innovation landscape.
