ENA Sectors 2024-03-20 18:26:34 <p><span style="font-size:14px"><strong>New Delhi, Mar 20 (KNN)</strong> Prime Minister Narendra Modi, speaking at the Start-up Mahakumbh event on Wednesday, celebrated India's ascension as the world's third-largest start-up ecosystem, boasting a remarkable tally of over 1.25 lakh start-ups and 110 unicorns.</span></p> <p><span style="font-size:14px">Highlighting the significant employment contribution of these start-ups, he noted that they engage more than 12 lakh individuals, while also acknowledging India's registration of over 12,000 patents.</span></p> <p><span style="font-size:14px">He further stated that this growth is not confined to metro cities, but has permeated as a social culture nationwide. India's start-up ecosystem is flourishing at an unprecedented rate, driven by the youth. This is not limited to metro cities, it has now become a social culture, Prime Minister Modi said.</span></p> <p><span style="font-size:14px">Emphasising that this growth transcends metropolitan boundaries, Prime Minister Modi underscored its evolution into a nationwide social phenomenon.</span></p> <p><span style="font-size:14px"> India's start-up ecosystem is flourishing at an unprecedented rate, propelled by the youth. This phenomenon isn't confined to urban centres, it has become ingrained in our social fabric, he stated.</span></p> <p><span style="font-size:14px">Reflecting on India's start-up landscape, the Prime Minister observed a shift in mind set among Indians, transitioning from being mere job seekers to aspiring job creators.</span></p> <p><span style="font-size:14px">He envisioned that attendees of the event would not only witness the start-ups of today but also envision the unicorns and decacorns of tomorrow.</span></p> <p><span style="font-size:14px">Expressing his enthusiasm, Prime Minister Modi remarked, Today, the energy and vibe are incredible! As I walked through the stalls and witnessed your innovations, I could sense that India's future holds numerous unicorns and decacorns. </span></p> <p><span style="font-size:14px">Accompanied by Union Minister Piyush Goyal, Prime Minister Modi inaugurated the Startup Mahakumbh at the Bharat Mandapam.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 37110 https://knnindia.co.in/news/newsdetails/sectors/pm-modi-hails-indias-startup-ecosystem-highlights-growth-innovation 2024-03-20 18:26:34 knnindia.co.in