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        News and Press Release

        Recognised startups create over 16.6 lakh direct jobs across more than 55 varied industries

        December 6, 2024

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        Under the Startup India initiative, the Government constantly undertakes various efforts for the development and growth of the startup ecosystem and to enhance job creation in the country. Entities recognised as startups by the Department for Promotion of Industry and Internal Trade (DPIIT) as per eligibility conditions prescribed under G.S.R. notification 127 (E) dated 19th February 2019 has reportedly created over 16.6 lakh direct jobs across more than 55 varied industries which include areas beyond technology as well.

        Industry-wise details of direct jobs created by entities recognised as startups by DPIIT as of 31st October 2024 (self-reported):

        S. No.

        Industry

        Number of direct jobs

        1

        Advertising

        11,839

        2

        Aeronautics Aerospace & Defence

        12,801

        3

        Agriculture

        83,307

        4

        Artificial Intelligence (AI)

        23,918

        5

        Airport Operations

        1,205

        6

        Analytics

        9,450

        7

        Animation

        2,104

        8

        AR VR (Augmented + Virtual Reality)

        5,848

        9

        Architecture Interior Design

        10,326

        10

        Art & Photography

        4,441

        1 1

        Automotive

        39,535

        12

        Biotechnology

        3,557

        13

        Chemicals

        16,675

        14

        Computer Vision

        2,484

        15

        Construction

        88,702

        16

        Dating Matrimonial

        717

        17

        Design

        9,039

        18

        Education

        90,414

        19

        Enterprise Software

        24,899

        20

        Events

        5,503

        21

        Fashion

        24,253

        22

        Finance Technology

        56,819

        23

        Food & Beverages

        88,468

        24

        Green Technology

        27,808

        25

        Healthcare & Lifesciences

        1,47,639

        26

        House-Hold Services

        17,530

        27

        Human Resources

        87,983

        28

        Indic Language Startups

        3,453

        29

        Internet of Things

        14,885

        30

        IT Services

        2,04,119

        31

        Logistics

        11,608

        32

        Marketing

        29,685

        33

        Media & Entertainment

        20,515

        34

        Nanotechnology

        1,850

        35

        Non- Renewable Energy

        12,856

        36

        Other Specialty Retailers

        14,179

        37

        Others

        28,278

        38

        Passenger Experience

        252

        39

        Pets & Animals

        3,054

        40

        Professional & Commercial Services

        94,060

        41

        Real Estate

        15,873

        42

        Renewable Energy

        41,523

        43

        Retail

        33,114

        44

        Robotics

        5,956

        45

        Safety

        9,245

        46

        Security Solutions

        27,907

        47

        Social Impact

        7,973

        48

        Social Network

        5,136

        49

        Sports

        6,500

        50

        Technology Hardware

        50,894

        51

        Telecommunication & Networking

        16,524

        52

        Textiles & Apparel

        38,867

        53

        Toys and Games

        4,802

        54

        Transportation & Storage

        30,509

        55

        Travel & Tourism

        23,828

        56

        Waste Management

        12,810

        TOTAL

        16,67,519

        The flagship Schemes namely, Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS) and Credit Guarantee Scheme for Startups (CGSS) support startups at various stages of their business cycle. The Government also implements periodic exercises and programs including States’ Startup Ranking, National Startup Awards, and Innovation Week which play an important role in the holistic development of the startup ecosystem. Initiatives to improve market access and enable public procurement support startups in growing and scaling up their businesses. Digital platforms such as the Startup India Hub portal and Bharat Startup Knowledge Access Registry (BHASKAR) enable easy access to resources and startup ecosystem collaboration. These measures are complemented by regulatory reforms and other ecosystem development events and programs.

        The Government with an intent to build a strong ecosystem for nurturing innovation, startups and encouraging investments in the startup ecosystem of the country launched the Startup India initiative on 16th January 2016.

        For effective implementation of Startup India initiative across the country, the Government unveiled Startup India Action Plan comprising of schemes and incentives envisaged to create a vibrant startup ecosystem in the country. The Action Plan comprises 19 action items spanning across areas such as “Simplification and handholding”, “Funding support and incentives” and “Industry-academia partnership and incubation”.

        These programs are implemented on a Pan-India basis with certain specific outreach and awareness measures for tier 2 and tier 3 cities. Such measures inter-alia include capacity building and handholding, ecosystem development and international linkages.

        The details of various measures being undertaken to ensure that the benefits of the Startup India initiative are effectively reaching startups across the country:

        Capacity Building and Handholding

        Capacity building workshops are undertaken throughout the year across regions including non-metro cities under the States’ Startup Ranking (‘SRF’) exercise to promote and handhold States and UTs in developing regional ecosystems. Monitoring, capacity development, and handholding sessions are also conducted specifically for incubators beyond metro cities and regions.

        Outreach and Awareness

        Outreach and awareness activities for startups are organized across the country including in areas beyond metropolitan cities. These activities include encouraging entrepreneurs from non-metropolitan cities and enabling opportunities for funding, incubation, mentorship and business linkages in collaboration with State/UT administrations. Various startup showcases are also organised where startups pitch their business proposals to investors and participate in capacity building activities.The programs implemented under the Startup India initiative are also propagated through various social media platforms.

        Ecosystem Development Events and Programs

        Various national ecosystem development events and programs are held such as the Startup Mahakumbh, which fosters innovation and entrepreneurship by bringing the ecosystem together from various parts of the country; ASCEND (Accelerating Startup Caliber & Entrepreneurial Drive) sensitization workshops on startups and entrepreneurship are conducted across North Eastern States to support upcoming entrepreneurs from the region; and the Startup India Innovation week is held around the National Startup Day i.e., 16th January, to celebrate entrepreneurship and promote innovation with stakeholders from across India.

        International Exposure and Linkages

        The Startup20 Engagement Group was institutionalised under India’s G20 Presidency to facilitate harmonisation and cross collaboration amongst the largest global economies. The meetings and engagements of Startup20 Engagement Group under India’s G20 Presidency were held across the country providing access to global market, visibility and resources of India’s regionals startup ecosystems. International linkages are further developed through international Government to Government partnerships, participation in international forums, hosting of global events, and international bridges with different countries that aid in promoting cross collaboration.

        Encouraging Ecosystem Collaboration

        The Government launched the Startup India Hub portal for stakeholders of the entrepreneurial ecosystem in India to discover resources, information, and various benefits under the Startup India initiative on a common digital platform. This portal enables various programs and initiatives to be accessed digitally, improving accessibility for entrepreneurs and startups even from non-metro cities and regions. Further, the Government has launched the Bharat Startup Knowledge Access Registry (BHASKAR) which is a platform designed to centralize, streamline, and enhance collaboration among key stakeholders within the entrepreneurial ecosystem, which is enabling startups and entrepreneurs from non-metro cities and regions to connect with the larger startup ecosystem.  

        This information has been provided by the Union Minister of Commerce and Industry, Shri Piyush Goyal in a written reply in the Rajya Sabha today.

        Recognition of startups drives job creation and sectoral growth, backed by government schemes and digital platforms facilitating scale. Recognised startups have reportedly created substantial direct employment across diverse sectors, supported by a combination of recognition criteria, stage-specific financing and guarantee schemes, market-access measures including public procurement facilitation, regulatory reforms, state ranking and awards, capacity-building and outreach to non-metro regions, ecosystem events, centralised digital platforms for stakeholder collaboration, and international linkages to enhance market access and scaling.
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                              Recognition of startups drives job creation and sectoral growth, backed by government schemes and digital platforms facilitating scale.

                              Recognised startups have reportedly created substantial direct employment across diverse sectors, supported by a combination of recognition criteria, stage-specific financing and guarantee schemes, market-access measures including public procurement facilitation, regulatory reforms, state ranking and awards, capacity-building and outreach to non-metro regions, ecosystem events, centralised digital platforms for stakeholder collaboration, and international linkages to enhance market access and scaling.





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