India touches 75,000 recognized start-ups:

            The Department for Promotion of Industry and Internal Trade (DPIIT) has recently recognized 75,000 start-ups. This has been achieved when India is celebrating the 75^th year of Independence.  This start-up ecosystem was initially started on interest of  innovation and entrepreneurial spirit

Start-up ecosystem in India:

v Our Prime Minister Narendra Modi on August 15, 2015 has dreamed a new developed India that will uses its entrepreneurial potential of its fellow people.

v  On January 16, 2016, this scheme was started to advance an action plan for creating a start-up ecosystem in India.

v  January 16 was recognized as the National Start-up Day.

v  6 years then, this plan has incredibly made India the 3rd largest ecosystem in the world.

v  Initially 10000 start-ups were recognized around 808 days. The recent 1000 start-ups were recognized in 156 days of time which shows the Indian citizens involvement in entrepreneurship.

v  As for the record, over 80 Start-ups were being recognized every day. It will be the highest rate around the world.

v   As recorded that, 12% of the start-ups belongs to IT services, 9%  of the start-ups  belong to Healthcare & Life Sciences, 5% of the start-ups were professional & commercial services, 7%  for the  education, and 5% to the  agriculture.

Start-up India scheme:

            The start-up India program was an initiative of the government of India which was announced by Indian Prime Minister, Narendra Modi during the Independence speech on 15^th August 2015 This scheme was based on three areas namely; Funding support, simplification and handholding, and Incentives.