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was further cemented through Programs such as Mudra
Startup-20, a dedicated G-20 Yojana have empowered
group formed to amplify India’s over 8 crore individuals to
presence in the global startup start businesses, significantly
space. A notable achievement is enhancing employment
the successful launch of a private opportunities. The journey from
rocket under India's liberalised a handful of startups to a thriving
space policy, reflecting the ecosystem with more than
government's commitment to 1,54,000 startups underscores
fostering innovation. the transformation enabled by
Startups as Pillars of Viksit government initiatives.
Bharat Women-led Startups
Startups have not only The Women Capacity
propelled economic growth Development program supports
but also contributed to India’s women-led startups by
ambition of becoming a fostering a conducive learning
developed nation (Viksit environment and facilitating the
Bharat) by 2047. Initiatives like exchange of best practices and
iDEX (Innovation for Defence experiences.
Excellence) have led to the Additionally, a series of
establishment of around 1,000 startup workshops have been
defence startups, boosting India's conducted for entrepreneurs
defence exports by 30% in the and students from the North-East
last decade. Similarly, the AYUSH region, with a special emphasis on
sector, valued at $3 billion in 2014, women entrepreneurs. To further
has surged to $24 billion, with promote women’s participation
over 1,250 startups contributing in the Indian startup ecosystem,
to this growth.
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