India is recognized as a startup hub and such government initiatives encourage innovation across sectors. January 16 is celebrated as National Startup Day every year in the country. Prime Minister Narendra Modi had made this announcement last year to assist percolate startup tradition to the grassroots level.
This year Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry initiative of organizing Startup India Innovation Week to celebrate the Indian Startup Ecosystem as well as National Startup Day (16th January 2023).
The initiative will bring together young celebrated entrepreneurs to brainstorm, innovate and excel. Enclosed are some startup leaders that congratulate and celebrate this iconic day.
National Startup Day is marked to laud the achievements of the startup in India. The day is also commemorated to provide a platform for startup entrepreneurs to discuss innovation for India’s youth and their contribution to the economy.
It is also marked to promote the importance of the startup initiatives and held them to be part of the mainstream. Encouraging young people to take up entrepreneurship as a primary career option is also an agenda behind this initiative.