The number of recognized startups has rapidly increased, surpassing 1.25 lakh in 23-24. Simultaneously, the number of patents awarded has surged seventeen fold during the past decade, from 5,978 in 2014-15 to 1,03,057 in 2023-24, according to a survey. Finance Minister Nirmala Sitharaman presented The Economic Survey 2023-24 to Parliament, citing recent advancements in industrial … Read more
“There has been around 200 times increase in Space Startup’s in just about two years,” said Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Science & Technology, Minister of State (Independent Charge) for Earth Sciences, MoS PMO, Department of Atomic Energy, Department of Space, Personnel, Public Grievances and Pensions, here at New Delhi. … Read more
Ministry of Textiles approved Startups in Technical Textiles to boost innovation and sustainability and to foster transformative developments that will shape the industry’s future. This was stated by Smt. Rachna Shah, Secretary, Ministry of Textiles, while chairing the 7th meeting of the Empowered Programme Committee (EPC) of National Technical Textiles Mission (NTTM) here today. NTTM’s … Read more
As India aims to become the third biggest economy with a $5 trillion GDP by 2027, Prime Minister Narendra Modi stated at the Startup Mahakumbh event on Wednesday that the country’s startups will play a key role in achieving that goal. In his anticipated third term as Prime Minister, PM Modi stated that startups will … Read more
Union Minister Shri Piyush Goyal hosted a unicorn roundtable during Startup India Innovation Week to celebrate the growth of 40 unicorns and support their growth in India. The 40 unicorns shared their experiences, growth factors, and areas for boosting the Indian ecosystem. Goyal encouraged unicorns to form a unicorn club or association to address access … Read more
India has witnessed investment of over Rs.1,000 crore in Space Startups in last nine months of the current financial year from April to December 2023, Union Minister Dr Jitendra Singh has said. Dr Jitendra Singh, Union Minister of State, stated that India’s Space sector’s opening for private players, following Prime Minister Narendra Modi’s bold decision, … Read more
The Union Cabinet chaired by Hon’ble Prime Minister, Shri Narendra Modi, approved the draft Memorandum of Understanding (MoU) between the United States of America and the Republic of India to enhance innovation ecosystems through an innovation handshake. The 5th India-U.S. Commercial Dialogue was held on 10th March 2023 during the visit of U.S. Secretary of … Read more
The Governor of Punjab and Administrator of Chandigarh, Shri Banwarilal Purohit, inaugurated a Deeptech Startup Accelerator Program dedicated to catalyzing innovation in agriculture and water technology called SAMRIDHI (Strategic Acceleration for Market, Research, Innovation & Development: a Holistic Initiative for ICPS Startups) hosted by iHub AwaDH, a Technology and Innovation Hubs set up UNDER National … Read more