Prime Minister Narendra Modi inaugurated the much-anticipated ‘Startup Mahakumbh’ at Bharat Mandapam, New Delhi, today, marking the commencement of a three-day government-led initiative aimed at fortifying the startup ecosystem and catalyzing investments.
In his address to a diverse audience comprising aspiring entrepreneurs, seasoned investors, and business enthusiasts, the Prime Minister underscored the government’s unwavering commitment to bolstering emerging sectors, particularly deeptech.
The ‘Startup Mahakumbh’ emerged as the quintessential rendezvous for stakeholders across India’s startup landscape, boasting unparalleled participation from investors, innovators, and budding entrepreneurs alike.
With a staggering turnout featuring over 2000 startups, 1000+ investors, 100+ unicorns, 300+ incubators & accelerators, 3,000+ conference delegates, 10+ country delegations, 3000+ future entrepreneurs, and 50,000+ business visitors, the event fostered a dynamic atmosphere conducive to collaboration and networking.
Prime Minister Modi accentuated the pivotal role of the ‘Startup Mahakumbh’ in India’s journey towards becoming a ‘Viksit Bharat’ by 2047. He lauded the multifaceted participation encompassing investors, incubators, academia, researchers, industry stalwarts, and present and future entrepreneurs, deeming it a true ‘Mahakumbh’ pulsating with unprecedented energy.
Highlighting the event’s significance, the Prime Minister envisioned attendees witnessing the emergence of future unicorns and decacorns, attributing the flourishing startup ecosystem to judicious policy frameworks.
Emphasizing the decentralized nature of the startup revolution, Prime Minister Modi acclaimed the burgeoning startup ecosystem in smaller cities, spanning diverse sectors including agriculture, textiles, medicine, transportation, space, yoga, and ayurveda. Illustrating the strides in space technology, he spotlighted Indian startups’ involvement across 50+ domains within the sector, including space shuttle launches.
The ‘Startup Mahakumbh’ epitomized a landmark endeavor in nurturing growth across burgeoning sectors such as DeepTech, AgriTech, BioTech, MedTech, AI, and Gaming. Prime Minister Modi’s address served to reaffirm the pivotal role of startups in propelling India’s economic resurgence and fostering inclusive development.
In essence, the ‘Startup Mahakumbh’ not only signifies a convergence of innovative minds but also heralds a transformative era of entrepreneurial vigor, poised to shape India’s future trajectory in the global startup arena.
