New Delhi: With greater than 1.59 lakh start-ups identified by the Department for Promotion of Industry and Internal Trade (DPIIT) since January 15, India has actually securely developed itself as the third-largest start-up ecological community worldwide, the federal government claimed onWednesday
From 2016 to October 31, 2024, identified start-ups have actually apparently developed over 16.6 lakh straight tasks, dramatically adding to work generation. The IT solutions sector leads with 2.04 lakh tasks, adhered to by medical care and lifesciences with 1.47 lakh tasks, and specialist and business solutions with around 94,000 tasks, the Ministry of Commerce and Industry claimed in a declaration.
On January 16, India marks 9 years of ‘Startup India’, a transformative trip that started in 2016. Designated as ‘National Startup Day’, this celebration commemorates the country’s strides in cultivating a durable and comprehensive business ecological community.
Major centers like Bengaluru, Hyderabad, Mumbai, and Delhi- NCR have actually led this change, while smaller sized cities have actually progressively added to the country’s business energy. Startups in fintech, edtech, health-tech, and shopping have actually dealt with neighborhood difficulties and got international acknowledgment.
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“The number of DPIIT-recognised startups has grown from around 500 in 2016 to 1,59,157 as of January 15, 2025. As of October 31, 2024, a total of 73,151 recognised startups include at least one woman director, showcasing the rise of women entrepreneurs in India,” according to the federal government information.
The DPIIT introduced the Bharat Startup Knowledge Access Registry (BHASKAR) system in September in 2014. This innovative effort, component of the Startup India program, intends to streamline and improve communications within India’s business ecological community.
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‘Startup Mahakumbh 2024’ saw amazing involvement, with 48,000 participants, 1,300 exhibitors, and international delegations from 14 nations, highlighting its expanding importance in shaping India’s business landscape.
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The is prepared to occur on Startup Mahakumbh 7-8, 2025, in March, claimed the New Delhi.Ministry
