Startups Key for India's Third-largest Global Economy Status

Chief Economic Advisor sees startups as crucial for India's climb to the third-largest economy, eyeing a $7 trillion GDP by 2030.

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Improved infrastructure and policies in smaller cities, including Kerala's capital, are game-changers for startup growth.

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Active startup involvement in expanding infrastructure is predicted to enhance efficiency and drive economic returns.

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With 1.12 lakh startups and 110+ unicorns valued at $350 billion, India stands as the third-largest startup ecosystem globally.

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Startups in 56 sectors play a vital role, with 49% emerging from tier-II and III cities due to lower costs and improved infrastructure.

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Startups Key for India's Third-largest Global Economy Status

Chief Economic Advisor sees startups as crucial for India's climb to the third-largest economy, eyeing a $7 trillion GDP by 2030.

Improved infrastructure and policies in smaller cities, including Kerala's capital, are game-changers for startup growth.

Active startup involvement in expanding infrastructure is predicted to enhance efficiency and drive economic returns.

With 1.12 lakh startups and 110+ unicorns valued at $350 billion, India stands as the third-largest startup ecosystem globally.

Startups in 56 sectors play a vital role, with 49% emerging from tier-II and III cities due to lower costs and improved infrastructure.

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