Indian startups disrupting the world, says Niti Aayog CEO

Amitabh Kant further said India at present has more than 61,000 startups and 81 unicorns.

Agencies
Updated21 Mar 2022, 08:43 PM IST
File Photo of Niti Aayog CEO Amitabh Kant
File Photo of Niti Aayog CEO Amitabh Kant

Niti Aayog CEO Amitabh Kant on Monday asserted that Indian startups are disrupting the world in many ways, especially in the new emerging areas of health and agriculture.

Addressing an event by FICCI Ladies Organisation (FLO), Amitabh Kant said women entrepreneurs are the vehicles to realise a more equal society.

He further said India at present has more than 61,000 start-ups and 81 unicorns.

"Indian start-ups are disrupting the world especially in new emerging areas of health, nutrition and agriculture," he said.

According to Kant, women-owned businesses and enterprises are playing a very prominent role in society and will soon be the next big disruption within the Indian start-up ecosystem.

"Women-based entrepreneurship is one of the vehicles for realising a more equal society as more women take on entrepreneurship, it serves as a catalyst for socio-economic transformation, by enhancing women's agency and status," he said.

The Niti Aayog CEO noted that presently venture capital (VC) and private equity firms are supporting women start-ups.

"This will help frame strategies and suggest appropriate measures to facilitate healthy growth of startups and will help promote women entrepreneurship," he said.

Kant said today India is a compelling growth story poised for rapid growth in consumption, urbanisation, digitisation along with rising income levels.

To all the women entrepreneurs including potential entrepreneurs, he said: "The world is looking at India very favourably."

(With inputs from PTI)

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First Published:21 Mar 2022, 08:43 PM IST
HomeCompaniesStart-upsIndian startups disrupting the world, says Niti Aayog CEO

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