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India's finance minister says startups can rival established industries
Original: Indian startups can contribute as much as established industries: FM
India's Finance Minister said Indian startups can contribute to the economy as much as established industries, according to the Times of India. The remark frames the startup sector as a mainstream economic pillar rather than a niche, aligning with government efforts to promote entrepreneurship, funding and innovation as drivers of growth and employment.
Why now: The Finance Minister's public endorsement highlights government support for the startup sector amid its growing role in the Indian economy.
Finance Minister of IndiaIndian startupsTimes of India
Evidence
- Indian startups can contribute as much as established industries: FM · The Times of India
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