On Saturday, Prime Minister Narendra Modi made a major announcement during his meeting with entrepreneurs. He declared that every year on January 16th, 'National Start-up Day' shall be commemorated.
Significantly, PM Modi covered different topics linked to it when talking with startup businessmen. On this occasion, Prime Minister Modi stated, "Our objective is to develop an attraction to innovation in the country among kids from childhood." More than 9,000 Atal Tinkering Labs are now open in schools, allowing students to develop and collaborate on new ideas. Many congratulations to all the young entrepreneurs of the country, who are flying the flag of India in the world of startups globally, Modi remarked as he announced the celebration of National Start-up Day.
During his speech, Prime Minister Narendra Modi stated that the startup culture should be spread far and wide. This is why the 16th of January is designated as National Startup Day every year. PM Modi advocated for entrepreneurship and innovation to be liberated from the web of government processes. He believes that establishing an institutional structure to support innovation is critical.
Prime Minister Narendra Modi, communicated through video conference, claimed that the current innovation push in India has resulted in a significant improvement in India's standing in the Global Innovation Index. India was rated 81st in this ranking in 2015. India is now ranked 46th on the Innovation Index.
Previously, even in the best of times, only one or two large enterprises could be founded, but our country produced 42 unicorns last year. These multibillion-dollar businesses are the indication of a confident India. In today's world, India is swiftly approaching the unicorn century. India-based startups can simply expand their presence to other parts of the globe. So, instead of keeping your dreams local, go worldwide with them.