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India Ranks 3rd in Global Startup Ecosystem & Number of Unicorns, Says Jitendra Singh

New Delhi, Aug 12: India ranks third in the worldwide Startup ecosystem and likewise in phrases of the quantity of Unicorns. As per the most recent knowledge, there are presently 105 unicorns out of which 44 have been born in 2021 and 19 in 2022.

Union Minister of State (Unbiased Cost) Science & Know-how, Jitendra Singh whereas delivering a keynote tackle at ‘DST StartUp Utsav’ at Dr Ambedkar Worldwide Centre, stated that Prime Minister Narendra Modi’s particular deal with Science, Know-how and Innovation has fired the creativeness of the youth in the nation to innovate and clear up issues with new concepts. He additionally identified that India’s startups at the moment are usually not restricted to solely metros or massive cities and added that 49 per cent of the startups have been from tier-2 and tier-3 cities. He stated, we’ve got startups rising in the fields like IT, agriculture, aviation, training, vitality, well being and area sectors. NLC India Recruitment 2022: Vacancies Notified For 481 Apprentice Posts At nlcindia.in; Right here’s Learn how to Apply.

The minister stated, India ranks third among the many most tasty funding locations for know-how transactions in the world because it has a powerful deal with science and know-how. Singh stated India is among the many topmost international locations in the world in the sector of scientific analysis, positioned as one of the highest 5 nations in the sector for area exploration and likewise actively engaged in rising applied sciences similar to quantum applied sciences, synthetic intelligence, and so forth.

The minister knowledgeable that India has created a large leap in its world rating of Global Innovation Index (GII) from 81st in the yr 2015 to forty sixth in 2021 amongst 130 economies of the world.

India ranks 2nd amongst 34 decrease middle-income economies and 1st amongst 10 Central and Southern Asian economies in phrases of GII. The constant enchancment in the GII rating is owing to the immense data capital, the colourful startup ecosystem, and a few excellent work achieved by the private and non-private analysis organisations, the Minister added.

(The above story first appeared on OKEEDA on Aug 12, 2022 04:29 PM IST. For extra information and updates on politics, world, sports activities, leisure and life-style, go online to our website latestly.com).

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