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Startup India Turns Revolution in 10 Years, Says PM Modi on National Startup Day

Prime Minister Narendra Modi declared the Startup India initiative a revolution, celebrating its 10th anniversary on National Startup Day. He highlighted India's emergence as the world's third-largest startup ecosystem, crediting the program with unlocking youth potential. The Prime Minister emphasized the growing inclusivity, noting that nearly half of recognized startups have at least one woman leader. He framed the decade as a journey of countless dreams becoming reality, shifting the nation's focus towards creating job creators.

Key Points: PM Modi: Startup India a Revolution, 3rd Largest Ecosystem

  • Startup India marks 10-year milestone
  • India is world's 3rd largest startup ecosystem
  • Over 45% of startups have a woman leader
  • India ranks 2nd in women-led startup funding
  • Initiative launched to create job creators
2 min read

"Startup India mission has become revolution in just 10 years": PM Modi on National Startup Day

PM Modi marks 10 years of Startup India, hails it as a revolution, highlights women's role, and notes India's rank as 3rd largest startup ecosystem.

"In just 10 years, the Startup India mission has become a revolution. - PM Narendra Modi"

New Delhi, January 16

Prime Minister Narendra Modi on Friday said that the Startup India initiative has turned into a major revolution over the past decade, helping India emerge as the world's third-largest startup ecosystem.

Addressing a programme marking a decade of the Startup India initiative on National Startup Day at Bharat Mandapam, PM Modi said, "Remember, what the situation was like 10 years ago... There was no scope for individual effort and innovation at all. We challenged those circumstances, we launched Startup India, and we gave the youth an open sky, and today the result is in front of us. In just 10 years, the Startup India mission has become a revolution. India is today the world's third-largest startup ecosystem."

The Prime Minister praised young innovators on the completion of 10 years of the Startup India initiative, calling the journey a celebration of thousands of dreams turning into reality.

"To our young innovators, who have shown the courage to dream new dreams, I deeply appreciate each and every one of you. Today, we are celebrating the milestone of 10 years of Startup India. This 10-year journey is not just the story of a government initiative's success; it is the journey of thousands and lakhs of dreams like yours. It is the journey of countless dreams coming to life," he said.

He highlighted the growing role of women in India's startup ecosystem, noting that nearly half of recognised startups have at least one woman leader and that India ranks second globally in women-led startup funding.

"Currently, over 45 per cent of recognized startups in India have at least one female director or partner. In terms of women-led startup funding, India boasts the second-largest ecosystem in the world. This growing inclusivity within the startup sector is enhancing the country's potential. Today, India sees its future in the ongoing startup revolution," PM Modi said.

Startup India was launched on January 16, 2016, by the Prime Minister as a national programme to nurture innovation, promote entrepreneurship and enable investment-driven growth, with the objective of making India a nation of job creators rather than job seekers.

- ANI

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P
Priya S
The focus on women-led startups is the most heartening part. I'm part of a women-run agri-tech startup, and seeing that nearly half have women leaders is powerful. It's changing the narrative for young girls across India. More power to all the women entrepreneurs!
V
Vikram M
While the growth in numbers is impressive, we must not ignore the high failure rate. Many startups in tier-2 cities still struggle with funding and mentorship. The initiative is great, but the support needs to reach beyond metros and established hubs.
S
Sarah B
Working with Indian startups from the US, the energy is palpable. The talent pool here is incredible. Becoming the 3rd largest ecosystem is no small feat. Congrats to all the innovators!
R
Rohit P
From 'jugaad' to genuine innovation! This shift is what makes me proud. My cousin left his safe job to start a drone company for agriculture. It's risky, but that's the new India - believing in our own ideas. Jai Hind!
K
Karthik V
The real test will be sustainability. Can these startups create lasting value and solve India's core problems in healthcare, education, and logistics? The revolution has begun, but the marathon is ahead. Wishing all founders the very best.

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