India Emerged As "2nd Biggest Startup Hub In World": PM's Praise For IITs

PM Modi In Kanpur: Addressing the 54th convocation ceremony of IIT Kanpur, Prime Minister Narendra Modi said, "In this 75th year of independence, we have over 75 unicorns, over 50,000 start-ups. Of these, 10,000 have come only in the last 6 months."

Prime Minister Narendra Modi on Tuesday said that India has emerged as the second biggest startup hub in the world, and this has been achieved majorly with the help of students from the Indian Institutes of Technology (IITs).

Addressing the 54th convocation ceremony of IIT Kanpur, the Prime Minister said, "In this 75th year of independence, we have over 75 unicorns, over 50,000 start-ups. Of these, 10,000 have come only in the last 6 months. India has emerged to be the second biggest startup hub in the world, and this feat has been achieved majorly with the help of students from IITs."

PM Modi said IIT Kanpur's contribution in developing 5G technology has been recognised globally.

The Prime Minister said when India will celebrate its 100th year of independence, it will include the contribution of all the students who are present here today.