Amitabh Kant, former CEO of NITI Aayog and G20 Sherpa, highlighted India's rapid transformation into the third-best startup ecosystem globally, with 135 unicorns and over 1.4 lakh startups.
In an exclusive interview with ANI, reflecting on the growth of the startup ecosystem, Kant remarked, "We started with 356 startups. Today we have 1,40,000 startups. We have about 135 unicorns. We've created the third-best ecosystem in the world. The startup ecosystem would get a huge impetus from the abolition of the angel tax, which is now being done."
Kant also highlighted India's ambition to become a global economic powerhouse by 2047, stressing the importance of domestic investment and the government's push to create global champions through initiatives like the Production Linked Incentive (PLI) scheme. On the global stage, Kant believes that India is viewed as a key driver of growth in a challenging global economic environment.
India's ambition to become the third-largest economy in the world is within reach, but Kant stressed that the country must focus on scaling up businesses.

#AmitabhKant #FormerG20Sherpa #StartupIndia
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