{"id":335357,"date":"2022-01-21T07:06:07","date_gmt":"2022-01-21T12:36:07","guid":{"rendered":"http:\/\/tehelka.com\/?p=335357"},"modified":"2022-01-21T07:06:07","modified_gmt":"2022-01-21T12:36:07","slug":"piyush-goyal-indian-industry-to-aim-for-raising-75-unicorns-in-the-75-weeks","status":"publish","type":"post","link":"https:\/\/tehelka.com\/piyush-goyal-indian-industry-to-aim-for-raising-75-unicorns-in-the-75-weeks\/","title":{"rendered":"Piyush Goyal:  Indian industry to aim for raising 75 unicorns in the 75 weeks"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-335358\" src=\"http:\/\/tehelka.com\/wp-content\/uploads\/2022\/01\/piyush-goyal-3.jpg\" alt=\"\" width=\"1200\" height=\"667\" srcset=\"https:\/\/tehelka.com\/media\/2022\/01\/piyush-goyal-3.jpg 1200w, https:\/\/tehelka.com\/media\/2022\/01\/piyush-goyal-3-300x167.jpg 300w, https:\/\/tehelka.com\/media\/2022\/01\/piyush-goyal-3-768x427.jpg 768w, https:\/\/tehelka.com\/media\/2022\/01\/piyush-goyal-3-1024x569.jpg 1024w, https:\/\/tehelka.com\/media\/2022\/01\/piyush-goyal-3-696x387.jpg 696w, https:\/\/tehelka.com\/media\/2022\/01\/piyush-goyal-3-1068x594.jpg 1068w, https:\/\/tehelka.com\/media\/2022\/01\/piyush-goyal-3-756x420.jpg 756w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, Piyush Goyal today called upon the Indian industry to aim for raising 75 unicorns in the 75 weeks to the 75<sup>th<\/sup>\u00a0anniversary of Independence next year.<\/p>\n<p>\u201cWe have added 43 unicorns added in 45 weeks, since the start of \u2018Azadi ka Amrit Mahotsav\u2019 on 12<sup>th<\/sup>\u00a0March, 2021. Let us aim for atleast 75 unicorns in this 75 week period to 75<sup>th<\/sup>\u00a0Anniversary of Independence,\u201d he said, while releasing the NASSCOM Tech Start-up Report 2022.<\/p>\n<p>Goyal said Startup India started a revolution six years ago and today \u2018Startup\u2019 has become a common household term. Indian Startups are fast becoming the champions of India Inc\u2019s growth story, he added.<\/p>\n<p>\u201cIndia has now become the hallmark of a trailblazer &amp; is leaving its mark on global startup landscape. Investments received by Indian startups overshadowed pre-pandemic highs. 2021 will be remembered as the year Indian start-ups delivered on their promise, \u2013 fearlessly chasing opportunities across verticals \u2013 Edtech, HealthTech &amp; AgriTech amongst others,\u201d he said.<\/p>\n<p>Goyal lauded the ITES (Information Technology Enabled Services) industry including the Business Process Outsourcing (BPO) sector for the record Services exports during the last year.<\/p>\n<p>\u201cServices Export for Apr-Dec 2021 reached more than $178 bn despite the Covid19 pandemic when the Travel, Hospitality &amp; Tourism sectors were significantly down,\u201d he said.<\/p>\n<p>Piyush Goyal said the Prime Minister Narendra Modi has declared 16<sup>th<\/sup>\u00a0January as the National Startup Day, showing his commitment to take the innovation culture to every nook and corner of the country.<\/p>\n<p>\u201cWe all celebrated this innovation spirit through Startup India Innovation Week, during the last week as part of \u2018Azadi ka Amrit Mahotsav\u2019. PM\u2019s interaction with Startups a week ago has supercharged the courage of our innovators,\u201d he said Government has taken several steps to boost startup ecosystem, \u2013<\/p>\n<ul>\n<li>Removing problems of \u2018Angel tax\u2019, simplification of tax procedure &amp; allowing self-certification and self-regulation towards which we are moving<\/li>\n<li>Reducing burden of over 26,500 compliances<\/li>\n<li>Decriminalization of 770 compliances<\/li>\n<\/ul>\n<p>Goyal said the New India is today being led by new troika of Innovation, Technology &amp; Entrepreneurship (ITE), which in a way has grown further from the original ICE (Information, Communication &amp; Entertainment).<\/p>\n<p>\u201cI remember when ICE was introduced many years ago, we were excited about the new information age. Today, that same vibrancy &amp; excitement is witnessed in the way our startups are growing in the ITE areas,\u201d he said.<\/p>\n<p>Goyal said India\u2019s unique digital infrastructure \u2013 Aadhaar, Digilocker, Fastag, Cowin, UPI etc. have enabled Access &amp; Affordability.<\/p>\n<p>\u201cThe Cowin portal showed the world that Indian could run world\u2019s largest vaccination programme efficiently &amp; effectively, with complete mapping &amp; monitoring done digitally. UPI has helped new age technologies in reaching the common man at affordable prices,\u201d said Goyal.<\/p>\n<p>\u201cThe next \u201cUPI moment\u201d will be the ONDC (Open Network for Digital Commerce). The first-of-its-kind globally, ONDC to enable interoperability between eCommerce companies, providing equal opportunity to small &amp; large players, will help control digital monopolies &amp; make industry more inclusive for buyers &amp; sellers alike, empowering MSMEs to unlock innovation &amp; value,\u201d he added.<\/p>\n<p>Piyush Goyal unveiled a five-point plan as the way forward for the NASSCOM:<\/p>\n<p>1. Emphasize on basic &amp; core needs of people, \u2013 providing better access to financial \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 services, education &amp; healthcare; solutions to problems of farmers, etc.<\/p>\n<p>2. Focus on High growth &amp; Job creating sectors, \u2013 Advertising &amp; Marketing, Prof. services, Fitness &amp; Wellness (Yoga becoming popular globally), Gaming, Sports, Audio-Visual services<\/p>\n<p>3. More &amp; more startups should leverage Deep tech to build solutions for local &amp; global markets, \u2013 AI, IoT, Big Data, Data Analytics, Blockchain, Virtual Reality, 3D Printing, Drones, etc.<\/p>\n<p>4. We have a lot of potential in Startups from Tier-2 &amp; 3 cities. If we give them more support &amp; proper mentoring, they could also play a much greater in the years to come.<\/p>\n<p>5. India will assume G20 presidency in 2023 \u2013 suggest ideas on themes resonating with our vision to solve global issues.<\/p>\n<p>Goyal hoped this momentum of the Indian Startup ecosystem will continue in the current year and the years to come.<\/p>\n<p>\u201cWhile 2021 was a year in which we defied all odds, 2022 will be the breakthrough year which will unlock country\u2019s exponential value. \u2018India at 100\u2019 will be renowned as a Startup nation. But as PM Modi said yesterday in his speech- the \u201cAmrit Kaal,\u201d the coming 25 years \u2013 are the period of utmost hard work, sacrifice and tapasya,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, Piyush Goyal today called upon the Indian industry to aim for raising 75 unicorns in the 75 weeks to the 75th\u00a0anniversary of Independence next year. \u201cWe have added 43 unicorns added in 45 weeks, since the start of \u2018Azadi ka Amrit Mahotsav\u2019 on 12th\u00a0March, [&hellip;]<\/p>\n","protected":false},"author":59,"featured_media":335358,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[36],"tags":[15035,15036,15037,3820],"_links":{"self":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/335357"}],"collection":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/comments?post=335357"}],"version-history":[{"count":1,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/335357\/revisions"}],"predecessor-version":[{"id":335359,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/335357\/revisions\/335359"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media\/335358"}],"wp:attachment":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media?parent=335357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/categories?post=335357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/tags?post=335357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}