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Prime Minister Narendra Modi calls startups ‘backbone’ of new India, declares January 16 National Startup Day

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New Delhi: Interacting with more than 150 startups on Saturday, Prime Minister Narendra Modi said January 16 would be celebrated as “National Startup Day”.

Startups are going to be the backbone of the new India. When India turns 100 years of independence, startups will play an important role, Modi said. The country’s innovators make the country proud globally,” he added.

The event is part of Azadi ka Amrit Mahotsav, “Celebrating the Innovation Ecosystem” and the Prime Minister is interacting with more than 150 startups via video conference on Saturday.

This decade is called as India’s “techade”… to strengthen the ecosystem of innovation, entrepreneurship and startups, there are important aspects like liberation of entrepreneurship, innovation at from government processes, bureaucratic silos, Prime Minister Modi said.

The week-long event is organized by the DPIIT, Department of Trade and Industry. The event also marks the sixth anniversary of the launch of the “Startup India” initiative.

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