In a big boost to India’s entrepreneurial environment, the Department for Promotion of Industry and Internal Trade (DPIIT) has revealed that it has recognized nearly 2 lakh firms under the Startup India initiative.
This achievement not only demonstrates India’s expanding innovation culture but also the government’s ongoing commitment to supporting emerging companies across the country.

India is now one of the biggest and fastest-growing startup centers in the world thanks to entrepreneurs from a variety of industries, including tech-driven solutions and sustainability-focused businesses.

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Technology, digital adoption, and governmental reforms have all contributed to India’s startup landscape’s rapid evolution in recent years.
DPIIT recognizes startups in sectors such as:

• Information technology,
• Medical care,
• Farming,
• Fintech,
• Edtech
• Clean energy,
• Retail innovation, and more.

States like Maharashtra, Karnataka, Uttar Pradesh, Delhi, and Gujarat have emerged as major contributors, indicating both metro and non-metro entrepreneurial growth.

The Startup India initiative, started in 2016, provides various benefits for DPIIT-recognized startups, including:

• Access to tax exemptions,
• Self-certification under labor and environmental legislation,
• Easier access to funding schemes and government tenders,
• Quicker IPR processing and lower expenses,
• Programs for mentorship and incubation support are available.

These steps have made it easier for first-time founders to begin and scale their enterprises.

The noteworthy entrepreneurial momentum in the nation is demonstrated by the acknowledgment of about 2 lakh startups.
This expansion has made a substantial contribution to:

• Creation of jobs,
• Technological development,
• Regional economic development, and
• India’s aspiration to become a global leader in innovation.

This milestone, according to experts, demonstrates the growing local and international confidence in Indian entrepreneurs.

Nearly 2 lakh startups have been recognized by DPIIT, which is a significant step toward India’s goal of becoming a global leader in startups.
The Startup India project continues to empower innovators, create jobs, and propel economic transformation with robust government support and increasing founder excitement.