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Union Home Minister Amit Shah connected Tuesday (September 23, 2025) said India's ranking connected the Global Innovation Index has gone up from 91 to 38 successful the past decade, and expressed assurance that it would unafraid a presumption among the apical 10 successful the adjacent 3 years.
The Startup India run launched nether Prime Minister Narendra Modi's enactment has started showing results arsenic India present has the 3rd largest startup ecosystem globally, and has made the country's younker occupation creators from occupation seekers, helium said.
Mr. Shah was speaking astatine the inauguration of the Gujarat government's Startup Conclave here.
"Recently, the Global Innovation Index was announced. In 2015, our ranking connected this scale was 91 but we person jumped to 38th fertile successful 2025. This indicates the imaginable that our radical have. I americium a steadfast believer that India volition beryllium among the apical 10 countries successful the adjacent 3 years and predominate innovation successful the satellite looking astatine the show and abilities of our youth," helium said.
The Startup India strategy is the Indian government's flagship inaugural launched successful 2016 to beforehand innovation and make a robust startup ecosystem, transforming India from a job-seeking to a job-creating nation.
"In 2014, we conscionable had 500 startups. Today, we person 1.92 lakh startups registered with DPIIT (Department for Promotion of Industry and Internal Trade). In 2014, we had 4 unicorns and present we person 120 specified establishments whose combined marketplace worth is implicit $350 million," Mr. Shah said.
Today, retired of the full startups, 52% are successful tier-II and tier-III cities. Of the full startups, 48% are initiated by women, helium said.
Startup ecosystem has employed 17.90 lakh people. On an average, 17,000 startups person been acceptable up annually and 9,000 of these are successful tier-II and tier-III cities, the Union curate said.
Startup India run has made our younker occupation creators from occupation seekers, helium said.
Mr. Shah said astatine the clip of motorboat of Startup India scheme, the authorities was alert that it volition not beryllium a occurrence if due situation is not created for the same.
"Under the Prime Minister's leadership, financial, infrastructure, argumentation and banking enactment has been made disposable to startups crossed the state since 2014. A money of funds of ₹10,000 crore has been created to assistance startups. To beforehand startups, the maximum indebtedness bounds has been accrued from ₹10 crore to ₹20 crore, and assorted taxation concessions person besides been given," helium said.
He urged manufacture leaders to put successful startups, saying that 1 of them whitethorn crook into a unicorn 1 time and summation your wealth.
Mr. Shah further said that for the past 4 years, Gujarat has been starring the state successful the startup sector.
Chief Minister Bhupendra Patel and his squad of Ministers and authorities officials person jointly made Gujarat the halfway of the startup revolution. State is 1 of the apical 5 States successful the country. 16,000 startups are successful Gujarat. Ahmedabad metropolis unsocial is successful the top-4 cities with 6,650 startups. Gujarat has go the champion performing State successful the startup assemblage for 4 consecutive years, helium said.
