New Delhi: Union Minister Jitendra Singh on Saturday said India has huge potential for startups in all sectors, urging young people to change mindsets to take advantage of startup opportunities knocking on their doors.
After the launch of the ‘Young Startup Conclave’ in Katua, Jammu and Kashmir, organized by CSIR, the Ministry of Science and Technology, the minister said the government’s attitude towards work has become an obstacle to startup culture. north india.
Citing four success stories of young people quitting their jobs for startup ventures, including two B-Techs and a mechanical engineer, he said CSIR’s “Purple Revolution” was part of Tableaux’s Republic Day Parade. noted that it has become a part, and thus has gained national recognition and popularity.
Singh pointed out that the ‘Purple Revolution’, which originated in Jammu & Kashmir, offers an attractive start-up avenue and those who enter the lavender industry are making a lot of money from it.
“It is important to note the example of many young entrepreneurs leaving lucrative jobs at multinational companies to found their own start-ups. These young entrepreneurs now realize the potential for greater fortune in this because they’re starting to do it,” he said.
The Minister also emphasized that J&K has great untapped potential for agritech start-ups as the geographical and climatic conditions are favorable for the cultivation of medicinal and aromatic plants.
He said that the biotech KISAN hub has so far rejuvenated over 40 orchards in Jammu and Kashmir under the rejuvenation of apple orchards where highly innovative methodologies have been used to transform old orchards. said to rejuvenate. He pledged that DBT and CSIR will fully support the launch of agtech startups.
The minister urged the young people of Jammu and Kashmir to not miss the start-up bus, which is playing a key role in India’s technological and economic journey as it emerges as a world’s foremost nation.
Jitendra Singh said India’s startup ecosystem has gained momentum since Prime Minister Narendra Modi chanted Startup India and Standup India slogans from the walls of the Red Fort on August 15, 2015. rice field.
He has grown from an odd number of 350 start-ups in 2014 to 75,000 in August 2022 and now over 88,000, spread across 653 districts and creating more than 9 million job opportunities across the country. He said he was.
The minister said that India has 107 unicorn companies, 23 of which will emerge in 2022, indicating that India is rapidly climbing the STI (Science, Technology and Innovation) ladder upwards. said there is.
Singh said a wave of new agritech startups has emerged in the country in recent years, and these startups are solving problems related to supply chain management, cooling and refrigeration, seed management and distribution, enabling farmers to I pointed out that we are helping to get access to a wider range. market range.
“Over the next 25 years, Amritikal, Jammu & Kashmir, some hill regions and the Himalayan nations will make significant and valuable editions for building India’s future economy.The past. Prime Minister Narendra Modi. Focusing on these areas will play an important role in putting India on the world’s pedestal by 2047.
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