India's Start-Ups Growing Fast, Unicorns Being Churned Out: PM Modi
NDTV
India has the world's third largest ecosystem in this area and in just eight to ten days a start-up takes the shape of a unicorn, PM Modi said.
Prime Minister Narendra Modi on Friday said the number of start-ups in the country has grown to 70,000 from a mere 300 to 400 in 2014, and start-ups are turning into unicorns very quickly.
He was speaking after launching the Madhya Pradesh government's 'Start-up Policy 2022' and a start-up portal through video link in the presence of young entrepreneurs here.
"You must remember that in 2014, when my government came to power, there were 300-400 start-ups in the country.....But in eight years' time, the situation has totally changed and now there are 70,000 recognised start-ups in the country," PM Modi said.
India has the world's third largest ecosystem in this area and in just eight to ten days a start-up takes the shape of a unicorn, he said.
