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        News and Press Release

        Promotion Of Startups

        April 6, 2022

        📋
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        Startups and the entire innovation ecosystem are the engines of growth for any country. Recognizing this aspect, Government launched Startup India initiative on 16th January 2016 with an aim to build a stronger ecosystem for nurturing India’s startup culture that would further drive our economic growth, support entrepreneurship, and enable large-scale employment opportunities.

        Sustained Government efforts in this direction have resulted in increasing the number of recognized Startups from 726 in FY 2016-17 to 66,810 in FY 2021-22 (as on 28th March 2022).

        There is at least one recognized startup from every State and UT and nearly 50% of the recognized startups are from Tier-II and III cities. Recognized startups are spread across over 640 districts and have reported creation of more than 7 lakh jobs.

        Furthermore, DPIIT has recognized startups which are spread across 56 diversified sectors. More than 4,500 Startups have been recognized in sectors relating to emerging technologies such as Internet of Things (IoT), robotics, artificial intelligence, analytics, etc. Sector-wise number of startups recognized, is as follows:

        Sector wise number of recognized Startups as on 28th March 2022 

        Sector

        Number of Recognized Startups

        Advertising

        529

        Aeronautics Aerospace & Defence

        585

        Agriculture

        3074

        AI

        1323

        Airport Operations

        6

        Analytics

        537

        Animation

        67

        AR VR (Augmented + Virtual Reality)

        368

        Architecture Interior Design

        369

        Art & Photography

        217

        Automotive

        1260

        Biotechnology

        139

        Chemicals

        519

        Computer Vision

        200

        Construction

        2337

        Dating Matrimonial

        54

        Design

        510

        Education

        4457

        Enterprise Software

        1329

        Events

        278

        Fashion

        801

        Finance Technology

        2094

        Food & Beverages

        3055

        Green Technology

        1582

        Healthcare & Lifesciences

        6191

        House-Hold Services

        451

        Human Resources

        1268

        Indic Language Startups

        166

        Internet of Things

        1229

        IT Services

        8374

        Logistics

        211

        Marketing

        1390

        Media & Entertainment

        1069

        Nanotechnology

        114

        Non- Renewable Energy

        1324

        Not Specified

        1297

        Other Specialty Retailers

        468

        Others

        1373

        Passenger Experience

        5

        Pets & Animals

        164

        Professional & Commercial Services

        3331

        Real Estate

        533

        Renewable Energy

        1775

        Retail

        1611

        Robotics

        390

        Safety

        209

        Security Solutions

        696

        Social Impact

        446

        Social Network

        536

        Sports

        326

        Technology Hardware

        2070

        Telecommunication & Networking

        649

        Textiles & Apparel

        875

        Toys and Games

        103

        Transportation & Storage

        1127

        Travel & Tourism

        1051

        Waste Management

        298

        Grand Total

        66810

         The Government has also operationalized 26 Centres of Excellence (CoEs) in diverse areas of national interest for driving self- sufficiency and creating capabilities to capture new and emerging technology areas. These domain specific CoEs are being established pan India with the participation of the Central Government, Software Technology Parks of India (STPI), State Government(s), industry partnership and venture capital firms. These CoEs act as important enablers to promote innovation in emerging technologies.

         This information was given by the Minister of State in the Ministry of Commerce and Industry, Shri Som Parkash, in a written reply in the Lok Sabha today.

        Startup recognition growth expands nationwide and across sectors, paired with Centres of Excellence to boost innovation and capabilities. The Startup India initiative expanded recognised startups substantially between FY 2016 17 and FY 2021 22, achieving nationwide geographic spread, significant presence in Tier II/III cities, distribution across over 640 districts and reported job creation, with sectoral concentration including IT services, healthcare, education, finance technology and emerging technologies such as IoT, AI, robotics and analytics. The Government has operationalised 26 domain specific Centres of Excellence established pan India with participation from central agencies, STPI, State governments, industry partners and venture capital firms to promote innovation and capability building in emerging technology areas.
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                                Startup recognition growth expands nationwide and across sectors, paired with Centres of Excellence to boost innovation and capabilities.

                                The Startup India initiative expanded recognised startups substantially between FY 2016 17 and FY 2021 22, achieving nationwide geographic spread, significant presence in Tier II/III cities, distribution across over 640 districts and reported job creation, with sectoral concentration including IT services, healthcare, education, finance technology and emerging technologies such as IoT, AI, robotics and analytics. The Government has operationalised 26 domain specific Centres of Excellence established pan India with participation from central agencies, STPI, State governments, industry partners and venture capital firms to promote innovation and capability building in emerging technology areas.





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