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Recognised startups jumped from 471 in 2016 to 72,993 in 2022 due to active govt intervention: Ministry of Commerce & Industry

Recognised startups jumped from 471 in 2016 to 72,993 in 2022 due to active govt intervention: Ministry of Commerce & Industry

Jul 24, 2022, at 09:08 pm

New Delhi: Recognised startups in India shot up from 471 in 2016 to 72,993 in 2022 (as on 30th June 2022) across 56 diversified sectors propelled by the Startup India initiative, according to Minister of State for Commerce and Industry Som Parkash's written reply to the Rajya Sabha last week.