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India leading way in world of startups, says PM Modi

Prime Minister Narendra Modi highlighted the significance of places like Jhansi and Bundelkhand in the country's freedom struggle as Rani Laxmibai and Jhalkari Bai hail from there.

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Published : Nov 28, 2021, 12:03 PM IST

Updated : Nov 28, 2021, 1:00 PM IST

New Delhi: Prime Minister Narendra Modi hailed the progress of the start-ups across the country and said that in the era of start-ups, India is making a global footprint as the sector is getting record investment year after year.

Addressing the nation through the 83rd episode of his 'Mann Ki Baat' radio programme, the Prime Minister also mentioned that there are more than 70 'Unicorn' start-ups in the nation.

A unicorn is a privately held start-up company valued at over USD 1 billion. "In every country with a large youth population, three aspects matter a lot. Sometimes, it becomes the true identity of the youth. The first aspect is - ideas and innovation. The second is the spirit of taking risks and the third is the 'Can Do' spirit, that is, the determination to accomplish any task, no matter how adverse the circumstances be. When these three things combine, phenomenal results are produced, miracles happen," PM Modi said.

"This is the era of start-ups and it is also true that today India is leading the way in the world of start-ups. Start-ups here are getting record investments year after year. This sector is progressing very fast," he said. "Till the year 2015, there used to be hardly nine or ten Unicorns in the country. In just 10 months, a unicorn is being raised in India every 10 days. This is also a big thing because our youth have achieved this success in the midst of the COVID. Today there are more than 70 Unicorns in India. That is, there are more than 70 start-ups that have crossed the valuation of more than USD 1 billion," he added. Earlier, Modi said, "The country celebrates Navy Day and Armed Forces Flag Day in December. We all know that on December 16, the country is celebrating the Golden Jubilee year of the 1971 war." "On the occasion, I want to remember our armed forces, our soldiers. Especially, the brave mothers, who gave birth to these heroes," he added.

He also highlighted the significance of places like Jhansi and Bundelkhand in the country's freedom struggle as Rani Laxmibai and Jhalkari Bai belong from there. These regions have also gifted us Khel Ratna like Major Dhyan Chand," he pointed out. "Mann ki Baat" is the Prime Minister's monthly radio address, which is broadcast on the last Sunday of every month.

Also read: TN village finds mention in PM Modi's 'Mann Ki Baat' for generating power from food waste

With agency inputs

New Delhi: Prime Minister Narendra Modi hailed the progress of the start-ups across the country and said that in the era of start-ups, India is making a global footprint as the sector is getting record investment year after year.

Addressing the nation through the 83rd episode of his 'Mann Ki Baat' radio programme, the Prime Minister also mentioned that there are more than 70 'Unicorn' start-ups in the nation.

A unicorn is a privately held start-up company valued at over USD 1 billion. "In every country with a large youth population, three aspects matter a lot. Sometimes, it becomes the true identity of the youth. The first aspect is - ideas and innovation. The second is the spirit of taking risks and the third is the 'Can Do' spirit, that is, the determination to accomplish any task, no matter how adverse the circumstances be. When these three things combine, phenomenal results are produced, miracles happen," PM Modi said.

"This is the era of start-ups and it is also true that today India is leading the way in the world of start-ups. Start-ups here are getting record investments year after year. This sector is progressing very fast," he said. "Till the year 2015, there used to be hardly nine or ten Unicorns in the country. In just 10 months, a unicorn is being raised in India every 10 days. This is also a big thing because our youth have achieved this success in the midst of the COVID. Today there are more than 70 Unicorns in India. That is, there are more than 70 start-ups that have crossed the valuation of more than USD 1 billion," he added. Earlier, Modi said, "The country celebrates Navy Day and Armed Forces Flag Day in December. We all know that on December 16, the country is celebrating the Golden Jubilee year of the 1971 war." "On the occasion, I want to remember our armed forces, our soldiers. Especially, the brave mothers, who gave birth to these heroes," he added.

He also highlighted the significance of places like Jhansi and Bundelkhand in the country's freedom struggle as Rani Laxmibai and Jhalkari Bai belong from there. These regions have also gifted us Khel Ratna like Major Dhyan Chand," he pointed out. "Mann ki Baat" is the Prime Minister's monthly radio address, which is broadcast on the last Sunday of every month.

Also read: TN village finds mention in PM Modi's 'Mann Ki Baat' for generating power from food waste

With agency inputs

Last Updated : Nov 28, 2021, 1:00 PM IST
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