Under PM Modi’s stewardship, India’s entrepreneurial landscape has transformed dramatically, with digital infrastructure making business easier than ever. Startup founders are vocal in their praise, pointing to a surge from a handful of ventures to a thriving ecosystem valued at billions.
Key to this success is the digital revolution. UPI’s 12 billion monthly transactions have democratized payments, while ONDC connects small sellers to national markets. ‘We’ve gone paperless and borderless,’ shared fintech founder Amit Gupta at a startup summit.
Since Startup India’s inception, registrations have skyrocketed. Simplified FDI norms and single-window clearances via the National Single Window System have cut red tape. Incubators in every state foster innovation, with seed funding flowing freely.
Diverse sectors flourish: agritech startups use AI for crop yields, healthtech delivers telemedicine to villages. The Atmanirbhar Bharat push during COVID accelerated self-reliance, birthing resilient ventures.
Founders note inclusivity as a highlight—rural startups now access global investors via digital platforms. ‘Digital India has leveled the playing field,’ said Neha Reddy, edtech innovator. Despite global headwinds, India’s startup GDP contribution is projected to hit 10% by 2025, cementing Modi’s legacy in nation-building.