Startups in India today are the MNCs for tomorrow: PM Modi

The prime minister urged the country’s youth to be prepared for the opportunities that lie ahead as startups grow in Tier-II and Tier-III cities.
By: | January 6, 2021

Prime Minister Narendra Modi is confident of the growth trajectory of the startups in India. 

“Today’s start-ups can become tomorrow’s MNCs as India seeks to make its start-up ecosystem inclusive to ensure speedy development,” the prime minister said at a launch of the Indian Institute of Management (IIM) in Sambalpur city. 

IIMs are institutes of management education and research in India, which offer tertiary education programmes. 

The prime minister added that startups are mostly coming up in Tier-II and Tier-III cities in the country. These operations would require skilled talent, and the youth should be prepared for the opportunities that lie ahead, he added. 

“The goal of a self-reliant India will also be achieved with the help of collaborative, innovative and transformative concepts in management,” Modi said.

“In this new decade, we all are accountable to give a new image to brand India globally,” he said, adding that young managers should align their career goals to the aspirations of the country.

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Management experts, who are coming out with new experiences in fresh areas, will play a big role in taking India to new heights, he added. 

Currently, India has 20 IIMs, an increase from 13 IIMs in 2014.