PM Modi at Startup Mahakumbh: Prime Minister Narendra Modi addressed entrepreneurs and all stakeholders at the 'Startup Mahakumbh' on March 20 (Wednesday). The Prime Minister said that India's strides in the world of startups have been phenomenal in the last few years.
PM Narendra Modi inspected the 'Startup Mahakumbh' exhibition at Bharat Mandapam.
At the 'Startup Mahakumbh', Prime Minister Narendra Modi said, "Today when the country is working on the road map of a Viksit Bhart 2047, I feel that this Startup Mahakumbh is of great importance. In the last decade, we have seen how India has made its mark in the IT and software sector. Now, we are seeing the trend of innovation and start-up culture in India. We are seeing it continuously growing and that is why it means a lot for all you friends from the startup world to be in this Mahakumbh."
Prime Minister Narendra Modi said, "Start-up toh bohot log launch karte hain, aur politics mein toh zyada. Baar baar launch karna padta hai. Aap mein aur unme fark yeh hai ki aap log prayogsheel hote hain, ek agar launch nahi hua to turant doosre par chale jaate hain."
PM Modi said, "Your team is organising such a big event (Mahakumbh) here. Generally, the businessman's mind thinks that it is the election year, let it be, we will see (organise something like this) once the elections are over and a new government will be formed. But you are organising such a big program even after the elections have been declared. This means that you know what is going to happen in the next 5 years?."Today, the energy & vibe is amazing. Strolling along the stalls and watching your inventions, I could feel the vibe that India's future holds many Unicorns and Decacorns. For promoting startups, India made the right decisions at the right time. If today India has emerged as a new hope, a new strength for the global start-up space, then there has been a well-thought-out vision behind it. India has taken the right decisions at the right time and started work on start-ups at the right time."
Key pointers by PM Modi
- India has democratised technology, therefore 'haves and have-nots' theory can not work here
- Women leading more than 45 per cent of Indian startups
- India has more than 1.25 lakh startups, 110 unicorns
- India's youth has chosen path of being job creator rather than job seeker, said PM Modi on startup ecosystem's changing mindset
- Startup India initiative gave platform to innovative ideas, connected them to funding
- Rs 1 lakh crore fund announced for research and innovation in interim budget; will help sunrise sectors
In a post on X, PM Modi said, "At 10:30 AM tomorrow, I will be speaking at the Startup Mahakumbh, a forum which brings together stakeholders from the world of Startups, innovators, and upcoming entrepreneurs. India's strides in the world of Startups have been phenomenal in the last few years."
Know about Startup Mahakhumbh 2024
Startup Mahakhumbh 2024 commenced at Bharat Mandapam in New Delhi on March 18. According to the Ministry of Electronics and IT, with the resounding theme of 'Bharat Innovates,' the event aims to serve as a catalyst for innovation, networking, and growth opportunities across various sectors.
The confluence of stakeholders and experts is expected to help further develop emerging sectors like DeepTech, AgriTech, BioTech, MedTech, AI, Gaming, etc, the Commerce Ministry said on Tuesday.
"The event, designed to foster innovation and entrepreneurship across India, witnessed an unparalleled level of participation from leading investors, innovators and aspiring entrepreneurs. The event is hosting over 2000 startups, 1000+ investors, 100+ unicorns, 300+ incubators & accelerators, 3,000+ conference delegates, 10+ country delegations, 3000+ future entrepreneurs and 50,000+ business visitors from across the country. The event has witnessed vibrant discussions on way forward and networking between all the stakeholders," the ministry said.
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