- Government Support: Prime Minister Narendra Modi reaffirms the government’s commitment to providing a conducive environment for startups to flourish.
- Meritocracy Over Surnames: PM Modi emphasizes the importance of hard work over surnames, stating that one’s journey and dedication are what truly matter in today’s India.
- Startup Initiatives: Initiatives like Atal Innovation Mission, Start-up India, Stand-Up India, and Digital India are lauded for their role in transforming the Indian economy and fostering innovation.
- Recognition of Entrepreneurs: PM Modi appreciates the contributions of entrepreneurs like Deepinder Goyal (Zomato CEO), Abhiraj Bhal (Founder of Urban Company), Sunil Vachhani (Chairman of Dixon Technologies), and Rohan Verma (CEO of Map My India), recognizing their efforts in driving innovation and growth.
- Startup Ecosystem Growth: India’s startup ecosystem has witnessed remarkable growth, with the number of unicorns increasing from four in 2015 to 130 in 2024, alongside over 1.25 lakh startups.
- Future Endeavors: The government pledges to continue its efforts in supporting and transforming crucial sectors like space and geospatial technology.
Prime Minister Narendra Modi has reiterated the government’s commitment to fostering a conducive environment for startups to thrive, emphasizing the importance of hard work over surnames. In a series of social media posts, PM Modi expressed pride in the youthful energy prevalent across the nation, particularly in tier-2 and 3 cities.
“Our government actively encourages startups and wealth creation,” stated PM Modi, highlighting the pivotal role of innovation and entrepreneurship in driving economic growth.
During the ‘Vishesh Sampark Abhiyan’ event in New Delhi, innovators and technocrats lauded initiatives such as Atal Innovation Mission, Start-up India, Stand-Up India, and Digital India for catalyzing a transformation in the Indian economy. Union Ministers Hardeep Singh Puri and Rajeev Chandrashekhar engaged with participants, affirming the government’s commitment to supporting the startup ecosystem.
PM Modi commended Zomato CEO Deepinder Goyal, emphasizing that in today’s India, “one’s surname doesn’t matter. What matters is hard work.” This sentiment underscores the meritocratic ethos driving the entrepreneurial landscape, inspiring countless youngsters to pursue their dreams.
Furthermore, PM Modi extended encouragement to Abhiraj Bhal, Founder of Urban Company, acknowledging the positive impact of the ‘Startup India’ initiative in fostering innovation and growth. He also praised Sunil Vachhani, Chairman of Dixon Technologies, for the remarkable transformation witnessed in India’s mobile phone and electronics industry, attributing it to the nation’s potential and proactive measures undertaken in recent years.
India’s startup ecosystem has witnessed significant growth, with the number of unicorns soaring from four in 2015 to 130 in 2024. With over 1.25 lakh startups, India continues to emerge as a hub of innovation and entrepreneurship.
PM Modi also recognized the contributions of Rohan Verma, CEO of Map My India, reaffirming the government’s commitment to driving transformation in crucial sectors like space and geospatial technology.
The Prime Minister’s words of encouragement serve as a testament to the government’s unwavering support for startups and its vision of building a vibrant ecosystem conducive to innovation, growth, and socioeconomic development.
The Entrepreneur Today Desk