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EconomyPIB14 June 2026
India's Start-up Ecosystem Generates Nearly 25 Lakh Jobs; Start-ups Surge from ~350 to 2.3 Lakh
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๐ Summary:
- Addressing the RISE Conclave 2026 in Bengaluru, Dr Jitendra Singh said India's start-up movement has created nearly 24โ25 lakh jobs over the last decade
- Start-ups grew from ~350โ400 (a decade ago) to nearly 2.3 lakh, making India the world's third-largest start-up ecosystem
- More than 50% of Indian start-ups now emerge from Tier-2 and Tier-3 cities
- The 2015 "Startup India" call laid the foundation; subsequent reforms opened strategic sectors to private participation
- RISE 2026 brought together over 125 start-ups and the four pillars โ Research, Industry, Start-ups and Entrepreneurship โ under the theme "Innovation & Entrepreneurship Driven Growth for Viksit Bharat 2047"
๐ฏ UPSC Relevance: GS3 Economy โ innovation-led growth, employment generation, demographic dividend, and deep-tech entrepreneurship as drivers of a self-reliant economy.
๐ Prelims Facts:
- "Startup India" launched in 2015
- India is the world's third-largest start-up ecosystem (~2.3 lakh start-ups)
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50% of start-ups emerge from Tier-2 and Tier-3 cities; RISE Conclave 2026 held in Bengaluru
๐ Key Term: Demographic dividend โ economic growth potential from a rising share of working-age population, realised when matched with jobs and skills.
Startup Indiaemploymentdeep-techRISE 2026
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