Union Minister of Commerce and Industry and Textiles, Piyush Goyal has said that the vision and efforts of the Government have turned India into the 3rd largest start-up ecosystem in the world.
India is respected and valued across the world as a centre of technology. The journey of Atmanirbhar Bharat is powered by technology and innovation which is helping the youth become job creators rather than job seekers.
He stated that over 90,000 start-ups registered with the Department for Promotion of Industry and Internal Trade (DPIIT) have created a million jobs directly and many more indirectly.
Also Read: Textiles and Apparel sector has 1362 recognized start-ups
In his keynote address at the Valedictory Session of the Annual E-Summit Consortium 2023 of Visvesvaraya National Institute of Technology (VNIT), Nagpur, through virtual mode the minister appreciated the start-ups for providing solutions that are simple but highly effective for people and businesses; this improves ease of doing business and ease of living.
He said that the government is working for the convergence of academia, industry and investors.
The Minister highlighted the achievements of the government in good governance, e-governance, a whole-of-government approach to working, a circular economy, renewable energy, climate change, and more.
He said that digital connectivity and urbanisation in smaller towns and cities is being undertaken to enable youth to work in hybrid mode catering to the demand of Indian technical and managerial talent across the world.