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Startup India: 50,000 Startups Recognised In Five Years, Delhi And Karnataka Lead Numbers

Beneath Startup India programme 50,000 initiatives have been registered in 5 years

Beneath the Centre’s formidable Startup India programme, 50,000 startups throughout the nation have been recognised until date by the Division for Promotion of Business and Inner Commerce (DPIIT) with Delhi and Karnataka main with largest variety of such initiatives.

Sectors like meals processing, product growth, software growth and IT consulting are a few of the main sectors which have seen most variety of startups getting registered.

Apparently, the management groups of 45 per cent startups have girls entrepreneurs, official sources stated.

Different states which have the most important variety of startups are Maharashtra, Uttar Pradesh and Gujarat.

As per DPIIT figures that are up to date until June 3, 2021, out of the 50,000 startups, 19,896 have been recognised since April 1, 2020 alone.

Because the inception of the Startup India initiative in January 2016, recognised startups have unfold throughout 623 districts. Every state and union territory has at the least one startup. 

Official sources stated that it took solely 180 days so as to add the final 10,000 startups, as in comparison with 808 days for the primary 10,000 originally of the initiative. 

A complete of 743 startups had been recognised in 2016-2017, which was the primary 12 months of the initiative, and this has now elevated exponentially to over 16,000 startups being recognised within the 12 months 2020-2021.

A press release issued by the division stated that “the recognised startups have contributed considerably to job creation, with 5,49,842 jobs reported by 48,093 startups with a median variety of 11 staff per startup. About 1.7 lakh jobs had been created by recognised startups within the 2020-2021 interval alone”.

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