PM Modi calls startups backbone of new India, declares Jan 16 as 'National Startup Day'

ANI
15 Jan 2022, 13:57 GMT+10

New Delhi [India], January 15 (ANI): Prime Minister Narendra Modi on Saturday said that startups are going to be the backbone of new India and said that January 16 will be celebrated as 'National Startup Day'.

"Start-ups are going to be the backbone of new India. When India completes 100 years of independence, startups will have an important role. Country's innovators are making the country proud globally," the Prime Minister said during his interaction with startups across different sectors..

The Prime Minister also highlighted that India's startup ecosystem is "continuously discovering and improving itself.""It is in a constant state of learning and changing," the PM added.

"I Congratulate all the startups, all the youth, who are engaged in raising the flag of India in the world of start-ups as it this culture will reach the far-flung parts of the country, " he added.

PM Modi also said, "India's startups are now working in 55 different industries. Five years ago, India didn't have even 500 startups! Today, that number has crossed 60,000."Believing in the ability and creativity of youth, the Prime Minister said, is the base of development of any nation.

"India, today, believes in its youth and is making policies in line with the same," PM Modi added. (ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Birmingham News.

More Information

null in null

Business

Section

AI saves $500 million for Microsoft as layoffs reshape strategy

REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...

FTC’s rule to ease subscription cancellations struck down by court

WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...

Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes

BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...

Ex-UK PM Sunak takes advisory role at Goldman Sachs

NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...

Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets

LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...

PwC: Copper shortages may disrupt 32 percent of chip output by 2035

AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...

United Kingdom

Section

Faulty IT system at heart of UK Post Office scandal, says report

LONDON, U.K.: At least 13 people are believed to have taken their own lives as a result of the U.K.'s Post Office scandal, in which...

Ex-UK PM Sunak takes advisory role at Goldman Sachs

NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...

Abdulla Al Hamed meets leading global drama, film figures in London

LONDON, 12th July 2025 (WAM) -- Abdulla bin Mohammed bin Butti Al Hamed, Chairman of the National Media Office and Chairman of the...

"Conclusive that accident happened because both engines lost power": Aviation expert Ehsan Khalid on AAIB preliminary report

New Delhi [India], July 12 (ANI): Aviation expert Ehsan Khalid stated on Saturday that the preliminary findings of the Aircraft Accident...

Court grants time to arms dealer Sanjay Bhandari to avail legal remedy against order declaring him fugitive

New Delhi [India], July 12 (ANI): Delhi's Rouse Avenue court on Saturday granted time to Arms dealer Sanjay Bhandari to exhaust statutory...

Bimal Roy's restored 'Do Bigha Zamin' to premiere in Venice

Mumbai (Maharashtra) [India], July 12 (ANI): The restored 4K version of Do Bigha Zamin (1953), directed by Bimal Roy, will have its...