Prime Minister Modi celebrates decade of Startup India movement

Key facts

• Prime Minister Narendra Modi celebrated the tenth anniversary of the Startup India Movement on National Startup Day.
• He congratulated stakeholders and highlighted the courage, spirit of innovation and entrepreneurial zeal of India’s youth powering India’s rise in the global startup ecosystem.
• Modi emphasized reforms creating a conducive atmosphere for startups to venture into areas like space and defence.
• He noted Indian startups are contributing to Atmanirbhar Bharat by turning youth into problem solvers.
• The Prime Minister acknowledged the role of mentors, incubators, investors and academic institutions in supporting startups.
• Startup India was launched on 16 January 2016 to nurture innovation and promote entrepreneurship.
• Over the past decade more than 2,00,000 startups have been recognised across India, driving employment and innovation-led economic growth.