Startup India: Reaching new heights, making India a global leader in innovation
As on June 3, 2021, 50,000 startups across have been recognized by Department for Promotion of Industry and Internal Trade (DPIIT), of which 19,896 have been recognized since April 1, 2020. Notably, it took only 180 days to add the last 10,000 startups, as compared to 808 days for the first 10,000 at the beginning of the Startup India initiative. The recognized startups have contributed significantly to job creation, with 5,49,842 jobs reported by 48,093 startups with an average number of 11 employees per startup. About 1.7 lakh jobs were created by recognized startups in the 2020-2021 period alone.