India home to as many as 75,000 start-ups, says Piyush Goyal - Business Standard
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The Ministry of Commerce and Industry stated that the latest 10,000 start-ups were recognised in 156 days, compared to the initial 10,000 start-ups that were recognised in 808 days.
Of the recognised start-ups, 12 per cent cater to IT services, 9 per cent to health care and life sciences, 7 per cent to education, 5 per cent to professional and commercial services and 5 per cent to agriculture.
India in its 75th year of Independence is now home to as many as 75,000 startups, Union minister said on Wednesday.
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“India is now home to 75,000 in the 75th year of Independence and this is only the beginning," Goyal said in the tweet.
It added that 49 per cent of the start-ups are from tier-2 and tier-3 cities.
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