India’s startup growth to pave way to developed nation by 2047: PM Modi
9 months ago

India’s startup growth to pave way to developed nation by 2047: PM Modi

Live Mint  

India has emerged as the world's third-largest startup ecosystem, a development that Prime Minister Narendra Modi believes will chart the country's course towards becoming a developed nation by 2047. In the field of Intellectual Property Rights, India is moving towards becoming the leading country among the top countries.” The Startup Mahakumbh was organized in collaboration with various entities, including Assocham, Nasscom, Bootstrap Incubation and Advisory Foundation, TiE, and the Indian Venture and Alternate Capital Association, with support from the DPIIT, MeitY Startup Hub, and Invest India. The government has been proactive in promoting startup investments through the Bharat Startup Ecosystem Registry, a component of the StartUp India programme, designed to connect and assist the varied stakeholders within India's startup landscape. DPIIT-recognized startups are eligible for various incentives under multiple schemes, including the Fund of Funds for Startups, Startup India Seed Fund Scheme, and Credit Guarantee Scheme for Startups.

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