Startups in India to grow tenfold in next 4-5 years: Rajeev Chandrasekhar

Hailing India's remarkable progress in building unicorns and startups, Union Minister Rajeev Chandrasekhar prophesised that the next 4-5 years will witness substantial growth for such enterprises and the startups in the country will increase by 10 times. Speaking at the JITO Incubation Innovation Foundation (JIIF) Sixth Foundation Day and Investors/Startup Conclave in Hyderabad, the Union Minister of State for Skill Development and Entrepreneurship and Electronics and IT, highlighted India's remarkable progress in creating unicorns and startups, how they have successfully entered areas in emerging technologies such as AI, Web3, and deep tech, an official release said on Sunday. The Minister, who engaged with industry leaders and aspiring young entrepreneurs, emphasised the transformative journey India has embarked upon since 2014. From being predominantly focussed on IT and ITes, the next 4-5 years will witness substantial growth for startups and unicorns, Chandrasekhar said during

from Companies https://ift.tt/tTzJbrG
via IFTTT