Startup India and Make in India Bring New Opportunities for Growth

Startup India: Nurturing a Generation of Home-Grown Innovators

Since its launch in 2015, Startup India has redefined the entrepreneurial roadmap in India by reducing regulatory barriers, simplifying compliance norms, and offering incentives such as tax breaks.

It has enabled over 1.25 lakh startups to register, fostered more than 120 unicorns, and planted the seeds for India’s burgeoning presence in the global startup ecosystem.

Through government-backed incubation centres, innovation challenges, and funding support, the scheme encourages students and first-time entrepreneurs to take risks and experiment with new ideas. 

Make in India: From Manufacturing Floors to Global Supply Chains

Parallel to the startup revolution, Make in India has sought to transform India into a global manufacturing hub.

By attracting investments across sectors such as electronics, defence, automobiles, and textiles, it has strengthened domestic manufacturing capabilities and reduced dependency on imports.

Improved Ease of Doing Business ranks testify to the success of streamlining regulations and boosting investor confidence.

One of the clearest outcomes has been the job creation in both urban and semi-urban areas.

With more units being set up locally, supply chains are becoming more localised, bringing down costs and increasing efficiency. This, in turn, supports both large manufacturers and startups alike, forming an interlinked ecosystem where innovation and production feed off each other.