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(THE GIST OF PIB) National Start-Ups Day

Prime Minister Narendra Modi said that 16th January will be celebrated as National Start-Ups Day.

PM Modi also put a spotlight on the importance of startups in India, and said that when we complete 100 years of Independence, startups will play a major role in shaping the future. He called them the backbone of new India.
He said that this was a great “techade” for India, where innovation, entrepreneurship and a healthy startup ecosystem will help liberate innovation from government processes and bureaucratic silos.
The Mahotsav which is scheduled from January 10-16, marks the 6th anniversary of India’s start-up initiative. The event showcases start-up’s across various sectors including Health, Agriculture, Space, Industry 4.0, Science and more.
“More than 150 startups have been divided into six working groups based on themes including Growing from Roots; Nudging the DNA; From Local to Global; Technology of Future; Building Champions in Manufacturing; and Sustainable Development,” read the Prime Minister Office (PMO) statement.