New Delhi, May 18 (IANS) Nearly 50 per cent of startups are now emerging from tier 2 and 3 towns, Union Minister for Science and Technology, Dr Jitendra Singh, said on Sunday.
Addressing the Pragati Founder Forum, hosted by IIT Ropar and supported by the Department of Science and Technology (DST), Dr Singh observed that Indiaโs startUp revolution is no longer confined to metro cities.
He hailed IIT Ropar for promoting high-potential agri startups through transformation of traditional sectors.
โThis shift is a healthy sign of deep-rooted innovation,โ the minister said, crediting Prime Minister Narendra Modi for democratising entrepreneurship across India through the clarion call โStandUp India, StartUp Indiaโ.
Dr Singh underlined the role of startups as โenablers,” propelling India from the โFragile Fiveโ to a future among the worldโs top five economies by 2047.
Highlighting Indiaโs meteoric rise from 81st to 39th in the โGlobal Innovation Indexโ, he pointed to the role of science and technology startups, agri-innovation, and deep tech in contributing to Indiaโs economic growth.
The minister also emphasised that 70 per cent of resource allocation under the upcoming โAnusandhan NRFโ (National Research Foundation) will come from non-government sectors, boosting public-private synergy.
Dr Singh showcased the Purple Revolution as a hallmark of grassroots innovation โ lavender cultivation that began in hilly towns of Jammu and Kashmir, now flourishing in Himachal Pradesh and Uttarakhand, with over 3,000 startups profiting in this niche.
Touching upon Indiaโs recent military-technological advancements, Dr Singh referred to โOperation Sindoorโ, a showcase of India’s leadership in tech-enabled warfare, underlining the indigenous development, technology transfer, and joint efforts of private and government sectors โ with hubs in Hyderabad and Bengaluru.
Dr Singh said that โas India accelerates towards its vision for 2047, the message is clear: Innovation, inclusion and intent are the pillars of Indiaโs ascent to global leadership.โ
โIANS
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