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From 2016 to 2026
Ten Years of Startup India
The decade between 2016 and 2026 marks a transformative
era in India’s economic history, defined by the rise of the "Startup
India" initiative. Launched on January 16, 2016, by the Department
for Promotion of Industry and Internal Trade (DPIIT), the decade-
long trajectory of Startup India is rooted in Prime Minister Narendra
Modi’s foundational vision to pivot the nation from a ‘job-seeking’
to a ‘job-creating’ economy. This ambition, first articulated during
his Independence Day speech in 2015, sought to democratize
innovation so that no district or block in India is left untouched by the
entrepreneurial spirit.
By prioritizing sectors that were previously ‘unimaginable’—from
Space and AI to Green Hydrogen and Semiconductors—the vision has
not only built a resilient domestic ecosystem, but has also positioned
India as a global solutions provider, serving as a critical pillar for the
long-term realization of Viksit Bharat@2047. Over these ten years,
the initiative has evolved from a vision of nurturing a few hundred
entrepreneurs into a nationwide movement that has established
India as one of the world's leading startup ecosystems.
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