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India Emerges as a Global Innovation and Digital Power house

India Emerges as a Global Innovation and Digital Power house

India’s dynamic startup ecosystem has significantly contributed to the nation’s economic growth, creating over 17.2 lakh jobs and fostering a surge of innovation and new ideas. The country now ranks as the third-largest startup hub globally, hosting 1.57 lakh recognized startups, including more than 100 unicorns and over 3,600 deep-tech ventures in AI, biotech, and semiconductors, alongside over 200 space startups. As the world’s largest connected democracy, India boasts over 80 crore internet users, the largest digital identity program with 136 crore Aadhaar holders, and commands a 46% share in global digital payments. The nation’s vast infrastructure includes more than 60 million daily petrol pump visitors and 33 crore LPG connections, covering nearly the entire population. Furthermore, India has successfully lifted over 25 crore citizens out of multidimensional poverty. Under the visionary leadership of Prime Minister Narendra Modi, India is confidently advancing toward becoming the world’s 4th largest economy, with ambitions to reach the 3rd position soon, exemplifying its remarkable growth and potential on the global stage.

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