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ET Year-end Special Reads
The council was set up first in 2020 and it advises the government on measures needed to build a strong ecosystem for nurturing innovation and startups in the country to drive sustainable economic growth and generate large-scale employment opportunities.
“It is a welcome sign and also very very satisfying that more and more startups come back home and register in India, list in India, and grow in India. India will be a preferred destination in the future,” he told reporters here.
Several startups had initially registered abroad for easy access to finance from international funds, enhanced valuations and relaxed regulations in many sectors.
Many are exploring India listings after moving back.
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Further, he said the Department for Promotion of Industry and Internal Trade has inked 50 MoUs with corporate houses, sharing their problem statement.
Discover the stories of your interest
The statements are shared with startups to look at opportunities.
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