India Now Home to Over Two Lakh Startups, Third Largest Globally: Jitendra Singh

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Union Minister Dr. Jitendra Singh on Friday said India has witnessed a transformational rise in entrepreneurship, with the number of startups crossing the two lakh mark, making the country the third-largest startup ecosystem in the world.

Addressing a startup camp organised by the Indian Institute of Integrative Medicine (IIIM) in Jammu, the minister said the growth reflects a major shift in the country’s innovation culture. ā€œIn just a few years, we have grown from 350–400 startups to more than two lakh. Today, the results speak for themselves and show how far we have come,ā€ he said.

Singh said the surge also highlights that young people always had talent and potential, but it was not being properly channelised earlier. Highlighting Doda as the birthplace of the ā€˜Purple Revolution’ under the Startup India movement, he said the initiative has earned nationwide recognition and is now being celebrated across the country.

ā€œFrom Uttarakhand and Himachal Pradesh to Arunachal Pradesh and even Nagaland, almost all Himalayan states are part of this celebration,ā€ he said.

The minister said the region has emerged as a new hub of youth entrepreneurship, with agriculture at its core. ā€œFor a long time, startups were seen as synonymous only with IT, but agriculture is a vast sector with immense potential. India’s 10,000-km-long coastline also offers enormous opportunities,ā€ he added.

Referring to the Startup India and Stand Up India initiatives launched in 2014 by Prime Minister Narendra Modi, Singh said they marked a decisive turning point. ā€œEarlier, there was confusion about what startup and standup meant, but once enabling support was provided, people surged ahead,ā€ he said.

Emphasising inclusive growth, Singh said 45 to 50 per cent of startups are now emerging from Tier-2 and Tier-3 cities, breaking the myth that innovation is confined to metros such as Bengaluru, Mumbai and Hyderabad. He also dismissed the notion that higher academic degrees are necessary for entrepreneurship. ā€œMany successful startups are being run by people who have not even completed graduation,ā€ he said.

Citing the lavender mission as a model initiative, the minister said its success was driven by on-the-spot distillation units, strong market linkages and access to markets as far as Mumbai. ā€œThe government is providing every kind of support — technological, market and financial,ā€ he said.

Singh also highlighted the growing role of women entrepreneurs, stating that nearly 60,000 to 65,000 of the two lakh startups are women-led. ā€œThe lavender success story has broken several myths — that only scientists can lead, that women cannot lead, and that startups must be based in big metros,ā€ he said.

Calling for greater passion, mentorship and guidance, Singh said small towns are full of talent. ā€œIf you speak to these young girls for just two minutes, you will understand their capability. We must hand-hold them and give them direction at the right stage,ā€ he said, citing the Vigyan Jyoti scheme as an example of early-stage support for students.

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