PM Modi Hails Startup India For Transforming India Into A Global Startup Hub

He said in an X post on Thursday, "Over the past nine years, this transformative program has empowered countless youngsters, turning their innovative ideas into successful Startups"

He highlighted that the initiative has not only fostered innovation and entrepreneurship but has also played a key role in positioning India as a global leader in the startup space

Source : X

On the ninth anniversary of the 'Startup India' initiative, Prime Minister Narendra Modi praised the programme as a transformative force, highlighting how it has significantly contributed to India's emergence as one of the largest and most dynamic startup ecosystems in the world. 

He highlighted that the initiative has not only fostered innovation and entrepreneurship but has also played a key role in positioning India as a global leader in the startup space.

Describing the programme as "very close to my heart," Prime Minister Modi called it a landmark initiative that has redefined the concepts of innovation, entrepreneurship, and growth. He stressed that 'Startup India' has become a powerful catalyst for youth empowerment, unlocking opportunities and fostering a culture of innovation across the country.

He said in an X post on Thursday, "Over the past nine years, this transformative program has empowered countless youngsters, turning their innovative ideas into successful Startups." 

This success of StartUp India reflects that today’s India is dynamic, confident and future-ready. As we mark this journey, we reaffirm our commitment to continue fostering an entrepreneurial ecosystem that uplifts every dream and contributes to Aatmanirbhar Bharat. I compliment…

— Narendra Modi (@narendramodi) January 16, 2025

He added that just a decade ago, many would have doubted India's ability to thrive in such a system.

The prime minister said that this "transformative" programme has empowered countless young individuals, enabling them to turn their innovative ideas into successful startups. From tech-driven solutions to rural innovations, advancements in healthcare and biotech, to breakthroughs in fintech, edtech, clean energy, and sustainable technologies, Indian startups are addressing global challenges. At the same time, they are creating employment opportunities and contributing to the nation's journey towards self-reliance, he added.

Highlighting his government's dedication to nurturing an entrepreneurial ecosystem that empowers every dream and furthers the vision of 'Aatmanirbhar Bharat,' the prime minister said that his administration has spared no effort in promoting a startup culture. He noted that the government’s policies have been centred on enhancing the "Ease of Doing Business," providing greater access to resources, and, most importantly, offering support at every critical stage of a startup's journey.

He said, "We are actively promoting innovation and incubation centres so that our youngsters become risk-takers. I have personally been regularly interacting with upcoming startups." This success of startup India reflects that today’s India is dynamic, confident and future-ready, he asserted.

Modi said, "I compliment every youngster in the startup world and urge more youngsters to pursue this. It’s my assurance you won’t be disappointed."