India's unicorns have faster average growth rate than US, UK, says Jitendra Singh
Monday, January 30, 2023
  • Circulation
  • Advertise
  • About Us
  • Contact Us
Organiser
  • ‌
  • Bharat
  • World
  • G20
  • Editorial
  • Analysis
  • Opinion
  • Sports
  • More
    • Defence
    • RSS in News
    • Azadi Ka Amrit Mahotsav
    • My States
    • Vocal4Local
    • Business
    • Special Report
    • Culture
    • Sci & Tech
    • Entertainment
    • Education
    • Books
    • Interviews
    • Travel
    • Health
    • Obituary
SUBSCRIBE
No Result
View All Result
  • ‌
  • Bharat
  • World
  • G20
  • Editorial
  • Analysis
  • Opinion
  • Sports
  • More
    • Defence
    • RSS in News
    • Azadi Ka Amrit Mahotsav
    • My States
    • Vocal4Local
    • Business
    • Special Report
    • Culture
    • Sci & Tech
    • Entertainment
    • Education
    • Books
    • Interviews
    • Travel
    • Health
    • Obituary
No Result
View All Result
Organiser
No Result
View All Result
  • Home
  • Bharat
  • World
  • G20
  • Editorial
  • Opinion
  • Analysis
  • Culture
  • Defence
  • RSS in News
  • My States
  • Vocal4Local
  • Subscribe
Home Bharat

India’s unicorns have faster average growth rate than US, UK, says Jitendra Singh

Dr Jitendra Singh advised the budding start-up entrepreneurs to look beyond the IT, computer and communications sectors to the most unexplored and the richest farm sector, which is awaiting a huge tech revolution after the Green revolution.

WEB DESK by WEB DESK
Jun 2, 2022, 09:39 pm IST
in Bharat
Share on FacebookShare on TwitterTelegramEmail

New Delhi [India]: Highlighting the growth of the start-up ecosystem in the country, Union Minister Jitendra Singh on Thursday said India’s unicorns have a faster average growth rate than that of the developed economies.

Speaking at a start-up conclave, Singh said the number of start-ups in India has grown to 70,000 from about 300 to 400 in 8 years from 2014 to 2022.

The Minister said, “India has the world’s third-largest ecosystem in this area and in just eight to ten days a start-up takes the shape of a unicorn. He added that after a whopping 44 unicorns in 2021, the milestone of 100 unicorns was achieved a few days ago with a valuation of Rs 25 lakh crore.”

“India’s unicorns have a faster average growth rate than the likes of the US, UK, Germany and others,” he stated.

Singh underlined the need for sustaining the start-up movement and urged the industry to become equal stakeholders in the rapidly rising sector. He also laid stress on the integration of start-up, research, academia, and industry for a win-win proposition for all.

Singh advised the budding start-up entrepreneurs to look beyond the IT, computer and communications sectors to the most unexplored and the richest farm sector, which is awaiting a huge tech revolution after the Green revolution.

Calling for promoting agri-tech start-ups in a big way, the Minister said, agriculture is one of the important pillars of the Indian economy as 54 per cent of the Indian population depends directly on agriculture and it accounts for around 20 per cent of GDP.

He said ‘Kisan Drones’ should be adopted in a big way for promoting crop assessment, digitisation of land records, spraying of insecticides, and nutrients and pointed out that countries like Israel, China and the US have transformed several agriculture practices in their country with the use of technology.

He noted that the dairy sector in India needs more and more success stories and called for innovative start-ups to take a lead and make India as the largest exporter of milk products. He said Australia has the biggest start-up projects in the dairy sector and Indian entrepreneurs should learn and incubate innovative practices. (ANI)

Topics: Indiastartup
Share3TweetSendShareSend
Previous News

Imran Khan targets Pakistan’s military for his ouster

Next News

Centre to set up ‘PM Shri Schools’ to prepare students for future, says Education Minister Dharmendra Pradhan

Related News

Growing India’s military prowess to deal with global challenges

Growing India’s military prowess to deal with global challenges

Mood of the nationalists ‘upbeat’, Naya Jammu & Kashmir means peaceful Republic Day

Mood of the nationalists ‘upbeat’, Naya Jammu & Kashmir means peaceful Republic Day

Meet the Padma people of the tribal heartland of India

Meet the Padma people of the tribal heartland of India

Indus Waters Treaty: India sends notice to Pakistan on the Treaty, blames it for ‘intransigence’

Indus Waters Treaty: India sends notice to Pakistan on the Treaty, blames it for ‘intransigence’

Washington calls Delhi an ‘important ally’, says it’s monitoring India-China border situation

Washington calls Delhi an ‘important ally’, says it’s monitoring India-China border situation

Haqiqat Rai: The First victim of Blasphemy killed by Islamists on Basant Panchami for resisting mocking of Hindu Gods

Haqiqat Rai: The First victim of Blasphemy killed by Islamists on Basant Panchami for resisting mocking of Hindu Gods

Comments

The comments posted here/below/in the given space are not on behalf of Organiser. The person posting the comment will be in sole ownership of its responsibility. According to the central government's IT rules, obscene or offensive statement made against a person, religion, community or nation is a punishable offense, and legal action would be taken against people who indulge in such activities.

Latest News

Growing India’s military prowess to deal with global challenges

Growing India’s military prowess to deal with global challenges

Riddle in Islamism: Tussle between Taliban and Pakistan growing

Riddle in Islamism: Tussle between Taliban and Pakistan growing

How drug menace becoming a threat to demographic dividend

How drug menace becoming a threat to demographic dividend

Hezbollah rejoices over attack on Israel; conflict escalating in West Asia again

Hezbollah rejoices over attack on Israel; conflict escalating in West Asia again

Swadesh Jagran Manch demands Himalayas to be declared as eco-sensitive zone

Swadesh Jagran Manch demands Himalayas to be declared as eco-sensitive zone

Maoist killed in an encounter in Chatra while Security forces recovered huge stocks of IEDs in Aurangabad

Maoist killed in an encounter in Chatra while Security forces recovered huge stocks of IEDs in Aurangabad

Why shouldn’t religious places be left to religious people?: SC dismisses Andhra Govt plea to take over Ahobilam Temple

Why shouldn’t religious places be left to religious people?: SC dismisses Andhra Govt plea to take over Ahobilam Temple

Ordinance factories: Backbone of India’s Armed Forces

Ordinance factories: Backbone of India’s Armed Forces

DMK Minister KN Nehru caught on camera pushing people in aggression at a meet and greet event

DMK Minister KN Nehru caught on camera pushing people in aggression at a meet and greet event

Reining in the Red Terror – Here’s how Maoism has been tackled in last eight years

Reining in the Red Terror – Here’s how Maoism has been tackled in last eight years

  • Privacy
  • Terms
  • Cookie Policy
  • Refund and Cancellation
  • Delivery and Shipping

© Bharat Prakashan (Delhi) Limited.
Tech-enabled by Ananthapuri Technologies

No Result
View All Result
  • Home
  • Bharat
  • World
  • Editorial
  • Analysis
  • Opinion
  • Defence
  • Culture
  • Sports
  • Business
  • RSS in News
  • My States
  • Vocal4Local
  • Special Report
  • Sci & Tech
  • Entertainment
  • Education
  • Books
  • Interviews
  • Travel
  • Health
  • Obituary
  • Subscribe
  • Advertise
  • Circulation
  • About Us
  • Contact Us
  • Privacy Policy
  • Cookie Policy
  • Terms of Use
  • Refund and Cancellation

© Bharat Prakashan (Delhi) Limited.
Tech-enabled by Ananthapuri Technologies