DPIIT Recognizes 1,17,254 Startups as of Dec 31, 2023

GG News Bureau
New Delhi, 3rd Feb. 
The government launched the Startup India initiative on January 16, 2016, with the aim of creating a strong ecosystem for fostering innovation, startups, and investments in the country’s startup ecosystem.

Under this initiative, the government has implemented various programs to achieve specific objectives.

As a result of sustained efforts, the Department for Promotion of Industry and Internal Trade (DPIIT) has recognized 1,17,254 startups as of December 31, 2023. These recognized startups have generated over 12.42 lakh direct jobs, making a significant economic impact. There is at least one recognized startup in every state and union territory, covering over 80% of the districts nationwide.

Annexure-I and Annexure-II provide the state/union territory-wise number of DPIIT recognized startups and the number of direct jobs created by these startups for the years 2019, 2020, 2021, 2022, and 2023.

Since the launch of the Startup India initiative in 2016, 55,816 DPIIT recognized startups have at least one woman director as of December 31, 2023.

The government has also implemented various schemes and programs to promote women entrepreneurship. Details of these initiatives can be found in Annexure III.

This information was provided by the Union Minister of State for Commerce and Industry, Som Parkash, in a written reply in the Rajya Sabha today.