Startup India a revolution, says PM

Gujarat, Arunachal, Goa have strongest ecosystems for budding firms: DPIIT

- UDISHA SRIVASTAV

Narendra Modi Prime Minister (at an event to mark National Startup Day in New Delhi)

(PHOTO: PTI)

‘The country’s startup ecosystem transitions into a mature phase as the Startup India Mission marks ten years of its launch, a journey increasingly defined by successful initial public offerings (IPOs) and a shift towards sustainable, long-term business models.

Speaking at Bharat Mandapam, Prime Minister Narendra Modi on Friday described the Startup India Mission as a revolution that transformed the country’s entrepreneurial landscape over the past decade.

“In just 10 years, the Startup India Mission has turned into a revolution. India is currently the third largest startup ecosystem in the world. Ten years ago, the country had less than 500 startups but now, the count has grown to more than 200,000 startups. In 2014, there were just four unicorns but now there are over 125 active unicorns.”

PM urged startups to focus on artificial intelligence (AI)-led innovations.

The country’s IPO market scaled to a record high in calendar year 2025.