At the recent "Startup Mahakumbh," Prime Minister Narendra Modi spoke to entrepreneurs and other important people. He talked about how India has come a long way in the last few years in the world of startups. The event at Bharat Mandapam showcased India's startup environment. PM Modi stressed how important this meeting was for India's plans to grow towards a "Viksit Bharat 2047."
#WATCH | Delhi: Prime Minister Narendra Modi inspects the 'Startup Mahakumbh' exhibition at Bharat Mandapam. pic.twitter.com/WGC9ITbusO — ANI (@ANI) March 20, 2024
Vision of PM Modi for Startups
PM Modi praised the proactive nature of startups in his speech, comparing them to the regular "launches" in politics. Despite problems, he praised companies for being strong and creative, pointing out that they can change direction quickly. Additionally, the Prime Minister praised the event organisers for their foresight in holding such an important event after the elections, which showed a deep understanding of how India's startup scene will develop in the future.
Speaking at Startup Mahakumbh. Powered by the innovative spirit of our Yuva Shakti, India's Startup ecosystem is flourishing at an unprecedented pace.https://t.co/IP4NymH1h8 — Narendra Modi (@narendramodi) March 20, 2024
Key Highlights from PM Modi's Speech
- PM Modi emphasised the democratisation of technology in India's startup ecosystem.
- He acknowledged the significant role of women in leading startups.
- India's impressive number of startups and unicorns were highlighted.
- People praised the youth for embracing entrepreneurship and creating jobs.
- We commended the Startup India initiative for providing a platform for innovative ideas and funding access.
- PM Modi announced a substantial fund for research and innovation in the interim budget to support the startup sector and foster growth in the startup ecosystem.
Mahakhumbh 2024 Startup: An Innovator's Spark
Starting at Bharat Mandapam in New Delhi, the Startup Mahakhumbh 2024 encourages new ideas, networking, and growth possibilities in many areas. The event, whose theme is "Bharat Innovates," wants to assist new areas like DeepTech, AgriTech, BioTech, MedTech, AI, and Gaming. This platform for teamwork and progress is dynamic because it includes top investors, innovators, entrepreneurs, and stakeholders.
Participation and networking opportunities
There were over 2,000 startups, over 1,000 investors, over 100 "unicorns," over 300 companies and accelerators, over 3,000 conference attendees, and over 50,000 business visitors at the event. The event's many participants led to lively debates, chances to network, and the sharing of knowledge, which opened the door for future partnerships and new ideas in India's startup environment.
In conclusion,
Under the wise guidance of PM Narendra Modi, India's startup environment continues to grow and change. "Startup Mahakhumbh" and events like Startup Mahakhumbh 2024 encourage new ideas, entrepreneurship, and teamwork. This is helping India become a world centre for new technologies and startups. Today, India's startup story is focused on growth, innovation, and including everyone. In the years to come, it will be even more successful.
Image Source: Multiple Agencies
(Inputs from agencies)
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