Modi Govt Transforms Startup Scene: 2 Lakh Startups, Half from Small Cities

Union Minister Jitendra Singh announced that India's recognized startups have skyrocketed from around 400 before 2014 to over 2 lakh today. He highlighted a significant shift, with nearly 50% of these new startups emerging from Tier-2 and Tier-3 cities, breaking the perception that entrepreneurship was confined to metros. Prime Minister Narendra Modi, celebrating 10 years of the Startup India Mission, declared it a revolution that has made India the world's third-largest startup ecosystem. The event also featured young entrepreneurs showcasing ventures in healthcare and agriculture, illustrating the scheme's broad impact.

Key Points: India's Startup Boom: 2 Lakh Startups, 50% from Tier-2/3 Cities

  • Startups surged from 400 to 2+ lakh since 2014
  • 50% of new startups from Tier-2 & Tier-3 cities
  • Robust ecosystem built by govt schemes
  • India now world's 3rd largest startup ecosystem
  • Focus on women-led and agri-tech innovation
2 min read

Modi govt changed Startup landscape, half of new firms from small cities: Union Minister Jitendra Singh

Union Minister Jitendra Singh reveals India's startup count soared from 400 to over 2 lakh since 2014, with half emerging from smaller cities.

Modi govt changed Startup landscape, half of new firms from small cities: Union Minister Jitendra Singh
"Today, nearly half of the startups in the country are coming from smaller cities, many of which are being led by women. - Jitendra Singh"

Jammu, Jan 16

Union MoS for Science and Technology Jitendra Singh on Friday said that while India had around 400 startups before 2014, the number of recognised startups has now crossed 2 lakhs, with nearly 50 per cent emerging from Tier-2 and Tier-3 cities.

Speaking to reporters here, Singh said there was once a perception that startups could only be launched in metropolitan cities, but the Narendra Modi-led government has successfully changed that mindset. "Today, nearly half of the startups in the country are coming from smaller cities, many of which are being led by women," he said.

He added that the government has built a robust startup ecosystem through multiple schemes, encouraging young people to look beyond government jobs and explore income-generating opportunities where significant growth prospects exist.

At the event, a young entrepreneur from Udhampur said he had launched a startup in the healthcare sector, focusing on heart health. "We have launched a health supplement at this programme that will help address nutritional deficiencies among people," he said.

Meanwhile, a female student said the programme provided valuable insights into starting a startup. She added that she is currently working on an app aimed at improving rice varieties in the agriculture sector.

Earlier, addressing a gathering at Bharat Mandapam in the national capital on the completion of 10 years of the Startup India Mission, Prime Minister Narendra Modi said, "Today, we are celebrating the milestone of 10 years of Startup India. This 10-year journey is not just the story of a successful government scheme, but the journey of millions of dreams like yours."

Praising the contributions of young innovators, the Prime Minister said, "I commend all our young innovators who dared to dream new dreams."

Reflecting on the past decade, PM Modi said, "Recall the situation 10 years ago, when there was little scope for individual effort and innovation. We challenged those circumstances, launched Startup India, gave our youth an open sky, and today the results are before us. In just 10 years, Startup India has become a revolution. India is now the world's third-largest startup ecosystem."

- IANS

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Reader Comments

P
Priya S
As a woman from a small town who started a digital marketing firm, I can relate. The support and visibility for women entrepreneurs have definitely improved. However, access to early-stage mentorship and patient capital outside metros is still a challenge that needs more focus.
R
Rohit P
The numbers are impressive, no doubt. From 400 to 2 lakh is a massive jump. But we must also talk about sustainability. How many of these are surviving beyond 3-5 years? The government should now focus on helping these startups scale and become profitable, not just on counting new registrations.
S
Sarah B
Working with startups in India from the US, the change in energy is palpable. The focus on sectors like healthcare and agriculture from smaller cities is brilliant. It solves real, local problems with global potential. Keep going!
V
Vikram M
This shift is crucial for balanced regional development. When youth in Udhampur or Indore don't have to migrate for opportunity, it strengthens the entire social fabric. Jai Hind! 🙏 The next step should be better rail/air connectivity for these emerging hubs.
K
Karthik V
While the initiative is good, on the ground, the paperwork and compliance for a small startup are still a nightmare. Simplify that further, and you'll see even more participation. The spirit is willing, but the bureaucratic process is often a dampener.

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