Indian Youth, Entrepreneurs Focused On Solving Real Problems; Startup India Now A Revolution: PM Modi

India is the third largest startup ecosystem in the world, with the startup tally now surpassing 2 lakh.

The Startup India momentum is accelerating, with unicorns launching IPOs and creating jobs, he said.

Indian youth is focused on solving real problems, and the Startup India mission has become a revolution, according to the PM.

Youth in tier-2 and 3 cities, even those in rural areas, are setting up their own ventures, Modi said.

Today, 45 per cent of startups have either one woman director or partner, he added.

Risk-taking, which was discouraged, has become mainstream, he observed, lauding India’s startup founders for their “impressive” confidence and ambitions.

“Those risk-taking ideas that were earlier considered fringe, have now become fashion,” he said, adding that the country’s youth does not want to work in comfort zones. (PTI)