India’s startup ecosystem has undergone a dramatic transformation over the past decade, driven by rising self-confidence among youth, progressive policy reforms and a fundamental shift in societal attitudes toward entrepreneurship, Union Commerce and Industest Minister Piyush Goyal and leading startup founders stated on National Startup Day.
Speaking at the event, Minister Goyal stated the most significant modify in “resurgent and new India” is the self-confidence displayed by young Indians. “Earlier, there was hesitation, fear and a resolveed mindset score certain marks, choose a particular stream, or be labelled a failure,” he stated, recalling how career choices were once rigidly defined by academic scores.
Highlighting the impact of the National Education Policy, Goyal stated, “Students today have the freedom to experiment with entrepreneurship, open learning, interdisciplinary education or even choosing not to attfinish college immediately after school. There is trust in the government, and trust in oneself to explore the unknown and go the extra mile to succeed.”
Speaking at the same event, founders of leading startups have highlighted that the self-confidence, policy reforms and startup culture are defining the ‘New India’. Aman Gupta, Co-founder of boAt, stated the presence of startup founders alongside senior ministers symbolises the altering face of India.
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