Anurag Singh Thakur, a Union Minister, said that India has become the world’s “Start-up” ecosystem’s centre, ranking third with 90,000 “Start-Ups” and 107 unicorn firms worth $30 billion.
Speaking at the 36th Inter-University North Zone Youth Festival (Antarnaad), which was organized under the auspices of the Association of Indian Universities (AIU) and held at the Jammu University, was the Minister for Information and Broadcasting, Youth Affairs, and Sports.
The week-long festival drew more than 1,000 participants from 18 colleges around the nation.
“India is now the hub of ‘Start-up’ ecosystem in the world, ranking third with 90,000 ‘Start-Ups’ and 107 unicorn companies worth 30 billion dollars which has been possible only by the contribution of India’s youth,” the minister said.
The world is watching New India under Prime Minister Narendra Modi, according to Thakur, since it is now the largest supplier of vaccines, mobile phones, and defense technology.
He said that in order to achieve sustainable growth, sustainable investment is necessary for the emergence of a green economy that produces green jobs.
“For that, India is moving towards becoming the global hub for green hydrogen producing five million metric tons, 10 percent of the world in the next five years with Rs 8 lakh crore investment that will generate thousands of green jobs for the youth of this country,” he said.
Thakur praised the youth’s performances throughout the festival and noted that India has a long history and a rich culture, art, and tradition. He added that the youth of this nation have a great responsibility to uphold this culture, art, and tradition, which is unique to this country and cannot be found anywhere else in the world.