Tue Sep 23 11:51:44 UTC 2025: **Summary:**

Union Home Minister Amit Shah, speaking at the Startup Conclave 2025 in Gandhinagar, highlighted India’s significant progress in the Global Innovation Index, rising from 91st to 38th place in the last decade. He credited the Startup India campaign, launched under Prime Minister Modi’s leadership, for transforming India into a leading startup ecosystem. Shah emphasized the increase in registered startups, the rise of unicorns, the participation of tier-II and tier-III cities, and the involvement of women in the startup landscape. He also outlined government support measures, including financial assistance, infrastructure development, and tax concessions. Shah lauded Gujarat’s leading role in the startup sector and urged industry leaders to invest in startups.

**News Article:**

**India Aims for Top 10 Global Innovation Ranking within Three Years, Says Amit Shah**

*Gandhinagar, Gujarat – September 23, 2025* – India is poised to break into the top 10 of the Global Innovation Index within the next three years, according to Union Home Minister Amit Shah. Speaking at the Startup Conclave 2025 in Gandhinagar on Tuesday, Shah credited the success of the Startup India campaign, launched under Prime Minister Narendra Modi, for the nation’s rapid advancement.

“In 2015, our ranking on this index was 91, but we have jumped to 38th rank in 2025. This indicates the potential that our people have. I am a firm believer that India will be among the top 10 countries in the next three years,” Shah stated.

He highlighted the dramatic growth of the startup ecosystem in India, noting that the country now boasts the third-largest startup ecosystem globally. “In 2014, we just had 500 startups. Today, we have 1.92 lakh startups registered with DPIIT (Department for Promotion of Industry and Internal Trade). In 2014, we had four unicorns and now we have 120 such establishments whose combined market value is over $350 million,” Shah said.

The Union Minister emphasized the widening reach of the startup revolution, with 52% of startups now located in tier-II and tier-III cities. He also celebrated the increasing participation of women, who initiate 48% of the country’s startups. According to Shah, the startup ecosystem has created 17.90 lakh jobs, and the Startup India campaign has effectively turned India’s youth into job creators.

Shah outlined the government’s commitment to supporting startups through financial assistance, infrastructure development, and policy changes. A fund of funds of ₹10,000 crore has been created, the maximum loan limit has been increased to ₹20 crore, and various tax concessions have been implemented. He urged industry leaders to invest in startups, highlighting the potential for significant returns.

Gujarat, under the leadership of Chief Minister Bhupendra Patel, has been recognized as a leader in the startup sector for the past four years. The state is home to 16,000 startups, with Ahmedabad ranking among the top-4 cities nationwide.

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