PM Modi: India’s startup scene ranks top three globally today

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Prime Minister Narendra Modi inaugurated the seventh edition of the India Mobile Congress (IMC), a three-day event held at the Bharat Mandapam convention center in Delhi’s Pragati Maidan, the same venue that hosted the G20 Summit in September. During the opening, he also unveiled 100 5G labs, spanning prominent engineering colleges nationwide.

In his address, the Prime Minister emphasized the accelerated pace of technological progress, stating that the future is no longer distant, but here and now.  

He stated, “ The future is no longer a decade or a century away, but due to advances in technology, the future is here and now.” 

He also added that “in nine years of his government, India’s startup ecosystem has become one of the largest in the world, and is in the top 3. India now boasts over 100,000 startups.”

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PM Modi also highlighted the rapid deployment of 5G technology in the country. Having launched it on October 1 the previous year, he mentioned the remarkable progress, with approximately 500,000 5G base stations now operational across the nation. This reflects the nation’s significant strides in embracing cutting-edge technology.

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PM Modi: India’s startup scene ranks top three globally today

Prime Minister Narendra Modi inaugurated the seventh edition of the India Mobile Congress (IMC), a three-day event held at the Bharat Mandapam convention center in Delhi’s Pragati Maidan, the same venue that hosted the G20 Summit in September. During the opening, he also unveiled 100 5G labs, spanning prominent engineering colleges nationwide.

In his address, the Prime Minister emphasized the accelerated pace of technological progress, stating that the future is no longer distant, but here and now.  

He stated, “ The future is no longer a decade or a century away, but due to advances in technology, the future is here and now.” 

He also added that “in nine years of his government, India’s startup ecosystem has become one of the largest in the world, and is in the top 3. India now boasts over 100,000 startups.”

Exciting news! We’re now on WhatsApp Channels too.  Subscribe today by clicking the link and stay updated with the latest insights in the startup ecosystem! Click here!

PM Modi also highlighted the rapid deployment of 5G technology in the country. Having launched it on October 1 the previous year, he mentioned the remarkable progress, with approximately 500,000 5G base stations now operational across the nation. This reflects the nation’s significant strides in embracing cutting-edge technology.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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