India's startup ecosystem has evolved into a global innovation hub, driving economic growth, job creation, and technological advancement across diverse sectors.
The remarkable transformation of India’s startup ecosystem from being service-oriented to becoming a global centre for innovation and entrepreneurship, is worth noting. In CNBC TV18’s feature titled ‘Why India as a startup and innovation hub will play a vital role in future global progress’, Amit Chandra, Honorary Chairperson, Governing Council, Marico Innovation Foundation (MIF), and Suranjana Ghosh, Head of MIF, underscore the immense economic potential of startups today in driving job creation, fostering innovation across diverse sectors like healthcare, agriculture, and renewable energy, and contributing significantly to India’s economic growth. They also discuss the evolving funding environment, emphasising the importance of sustainability, technological innovation, and global expansion for Indian startups.
In the midst of celebrating India's thriving startup ecosystem, it's essential to acknowledge the abundant opportunities, particularly in sectors where innovative solutions drive transformative #progress. In CNBC TV18's feature, titled "Why India as a #startup and #innovation hub… pic.twitter.com/h4Dros630q
— Marico Innovation Foundation (@MIF_India) March 15, 2024
Driving 21st century progress is pervasive advancement and embrace of technology, fundamentally reshaping societal dynamics, professional landscapes, and our pursuit of innovation.
Innovators are set to embrace the post-Covid era with solutions built at the intersection of technology and social responsibility, seeking to solve complex socio-economic and environmental concerns.
FICCI's 2023 publication features insights from MIF leadership on India's emergence as a global startup and innovation hub.
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