1.59 lakh startups, 16.6 lakh jobs make India world’s 3rd largest ecosystem: Centre
From 2016 to October 31, 2024, recognised startups have reportedly created over 16.6 lakh direct jobs, significantly contributing to employment generation.
From 2016 to October 31, 2024, recognised startups have reportedly created over 16.6 lakh direct jobs, significantly contributing to employment generation.
The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, has partnered with Stride Ventures, a leading venture debt firm, to catalyze the growth of Indian startups and widen their global footprint. This collaboration will be instrumental in creating enormous opportunities for startups by integrating financial support with strategic mentorship and market access.
The Department for Promotion of Industry and Internal Trade (DPIIT) has formed a landmark partnership with the Startup Policy Forum (SPF) to establish India as a global hub for innovation and entrepreneurship.
At least 157,066 startups have been recognised by Department for Promotion of Industry and Internal Trade (DPIIT) to date and 759,303 users are registered on the portal (as on December 25), the government said on Wednesday.
In 2024, the Department for Promotion of Industry and Internal Trade (DPIIT), achieved a range of milestones. These range from Production Linked Incentive (PLI) schemes to boosting startup ecosystems, streamlining logistics, and enhancing FDI inflows.
The Network Planning Group (NPG) under the PM GatiShakti initiative, convened its 77th meeting to evaluate six important infrastructure projects.
He will be replacing Rajesh Kumar Singh, lAS who has been appointed as Officer on Special Duty, Department of Defence. Prior to this, he was serving as Additional Secretary, Department of Commerce, Ministry of Commerce and Industry.
The information was shared by the Union Minister of State for Commerce and Industry, Jitin Prasada, in a written reply in the Rajya Sabha.
The Department of Science and Technology (DST) has recommended a grant of Rs 5 crore for the Sona Incubation Foundation (SIF) project, with a 20 per cent contribution by the Sona College of Technology, the SIF said on Sunday.
The Union minister was delivering the keynote address at the ‘2nd Edition of Toy CEO Meet’ organised by the Toy Association of India in association with the Department for Promotion of Industry and Internal Trade (DPIIT) and Invest India.