Prime Minister Narendra Modi Interacts with Startups at the Startup India Innovation Week
I see startups, technology and innovation as exciting and effective instruments for India’s transformation.
– Narendra Modi, Prime Minister of India
The Department for Promotion of Industry and Internal Trade (DPIIT) organized the first ever Startup India innovation week, which celebrated the 75th year of India’s independence “Azadi Ka Amrit Mahotsav”, bolstered the startup momentum, showcased the self-reliance to the economic vision, and development in the country through entrepreneurship.
Over 150000 participants attended 60+ sessions, with 700+ entrepreneurs showcasing their inventions. During the event, 75 problem statements from 11 corporations were launched for startups to solve. 250 startups were given the chance to pitch their ideas to a panel of over 90 investors.
During his interaction with the startups, the Prime Minister declared January 16th as "National Startup Day" to recognise and support the invaluable contribution of Indian entrepreneurs to the country's economic growth, as well as to recognise India's thriving entrepreneurial ecosystem and celebrate startup success.
The Amrit Grand Challenge – Jan Care, Open Network for Digital Commerce (ONDC) National Rollout Strategy, Fisheries Grand Challenge, Startup Champions 2.0, and Digilocker, a blockchain enabled certificate verification platform, were among the initiatives announced at Startup India Innovation Week with the goal of driving further innovation.
A global video conferencing session, headed by Commerce and Industry Minister Piyush Goyal was also held with the goal of mobilising domestic and international finance for Indian companies.