PM modi inaugurates Start-up Mahakumbh at Bharat Mandapam, New Delhi

“This is indeed a Mahakumbh in its truest form creating an unprecedented energy and vibe”

“Any Indian visiting the Start-up Mahakumbh will witness the unicorns and decacorns of the future”

“Startup has become a social culture and no one can stop a social culture”

“More than 45 percent start-ups in the country are women-led”

“I believe that Indian solutions for global applications will become a helping hand for many nations in the world”

Report manpreet singh

Raipur chhattisgarh VISHESH : The Prime Minister, Shri Narendra Modi inaugurated the Start-up Mahakumbh at Bharat Mandapam, New Delhi today. He also took a walkthrough of the exhibition showcased on the occasion.

Addressing the gathering, the Prime Minister highlighted the importance of Start-up Mahakumbh and emphasized the country’s roadmap of working to become a Viksit Bharat by 2047. The Prime Minister highlighted India’s making a mark in the IT and software sector in the last few decades and underlined the emerging trends of innovation and start-up culture. Therefore, the Prime Minister said, the presence of people from the world of start-ups underlines the importance of today’s occasion. Dwelling on the success of start-ups in the country, the Prime Minister drew attention to the genius element that makes them successful. He acknowledged the presence of investors, incubators, academicians, researchers, industry members, and present and future entrepreneurs and said, “This is indeed a Mahakumbh in its truest form creating an unprecedented energy and vibe.” The Prime Minister mentioned experiencing the same vibe when he was visiting the sports and exhibition stalls where people showcased their innovations with great pride. “Any Indian visiting the Start-up Mahakumbh will witness the unicorns and decacorns of the future”, PM Modi said.

The Prime Minister expressed satisfaction over the growth of the startup ecosystem in the country due to the right policies. He recalled the initial reluctance and indifference towards the concept of startup in society. Innovative ideas found a platform over a period of time under Startup India, he said. He commented on the development of an ecosystem through connecting ideas with funding sources, and incubators in academic institutions which gave facilities to the youth of tier 2 and tier 3 cities. “Startup has become a social culture and no one can stop a social culture”, said.

The Prime Minister said that the startup revolution is being led by small cities and that too in a wide range of sectors including agriculture, textiles, medicine, transport, space, yoga and ayurveda. Elaborating on space startups, the Prime Minister said that Indian startups are working in more than 50 areas in the space sector, including the launch of the space shuttle.