PM Modi Applauds 200% Surge in Startup Registrations in Nagaland

NEW DELHI: Prime Minister Narendra Modi on Sunday applauded the flourishing startup ecosystem in the country away from the major business centres, adding that the registration of startups in Nagaland has surged by over 200 percent last year.

In his recent Mann Ki Baat address, he applauded the remarkable growth of India's startup ecosystem, particularly in smaller cities. He highlighted a 200% surge in startup registrations in Nagaland last year, with key sectors including waste management, biotechnology, and logistics.

"In a state like Nagaland, the registration of startups has increased by more than 200 percent last year. Waste management, non-renewable energy, biotechnology, and logistics are the sectors in which the most number of start-ups are being noticed, " Prime Minister Narendra Modi stated.

Addressing the 118th episode of Mann Ki Baat and the first of this year, the Prime Minister mentioned the successful completion of 9 years of Startup India.

PM Modi further added, "Just a few days ago, Start-Up India has completed 9 years. More than half of the startups that have been formed in our country in these 9 years are from Tier 2 and Tier 3 cities, and when we hear that, every Indian's heart is delighted with the fact that our startup culture is not limited to just big cities."

Prime Minister Modi also highlighted the significant role played by women in these ventures, with many of the startups in smaller cities being led by daughters of India.

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