Since April 1, 2020, 19,896 have been recognized out of the 50,000 start-ups, as per DPIIT figures till June 3, 2021,
Under the Centre’s ambitious Startup India program, 50,000 start-ups across the country are recognized by the Department for Promotion of Industry and Internal Trade (DPIIT) with Delhi and Karnataka on top.
A total of 743 startups were recognized in 2016-2017, which was the first year of the initiative, and now have increased exponentially to over 16,000 startups being recognized in the year 2020-2021.
Food processing, product development, application development, and IT consulting are some of the major sectors which have seen the maximum number of startups getting registered.
The leadership team of 45 percent of startups has women entrepreneurs, official sources said.
Maharashtra, Uttar Pradesh, and Gujarat are among the other states to have the largest number of startups.
It took only 180 days to add the last 10,000 startups, as compared to 808 days for the first 10,000 at the beginning of the initiative, official sources confirmed.
“The recognized startups have contributed significantly to job creation, with 5,49,842 jobs reported by 48,093 startups with an average number of 11 employees per startup.
About 1.7 lakh jobs were created by recognized startups in the 2020-2021 period alone”, said in a statement issued by the department.