Unicorn Startups Doubled Due To India's Talent Pool: PM Modi Inaugurates Bengaluru Tech Summit

PM Modi said that the number of unicorn startups in the country have also doubled due to India's talent pool.

PM Modi at Bengaluru Tech Summit

Source : ANI

New Delhi: Prime Minister Narendra Modi on Wednesday inaugurated the Bengaluru Tech Summit virtually and said that India's talent pool has helped the country to jump on 40th position on the Global Innovation Index where we earlier ranked at 81 in 2015. He also said that the number of unicorn startups in the country have also doubled due to India's talent pool, reported news agency ANI. 

Terming Bengaluru as "home of technology", PM Modi said that the city was "number one on India's Innovation Index" and that "it is an inclusive and innovative city." 

India jumped 40th rank in global innovation index this year. In 2015 we were ranked 81. The number of unicorn startups in India has doubled, we are now the 3rd largest in world. This is due to India's talent pool: PM Modi via a pre-recorded message at Bengaluru Tech Summit pic.twitter.com/yRzN5xhDmn

— ANI (@ANI) November 16, 2022

In his pre-recorded message, Modi said that the country is using "technology as a weapon against poverty". 

"During the pandemic, low data costs helped poor students attend online classes. Else students would have been deprived of education for 2 whole years. India is using technology as a weapon against poverty," he said. 

"Your investments & our innovation can do wonders. Your trust & our tech talent can make things happen. I invite you all to work with us as we lead the world in solving its problems," he added.