New Delhi, Aug. 26 -- Union Commerce and Industry Minister Piyush Goyal on Wednesday highlighted India's growing startup ecosystem during his Japan visit, noting that the number of startups has risen from around 400-500 a decade ago, when Startup India was launched, to nearly 250,000 today, reflecting a significant shift in mindset.

He said successful companies should be built with a generational vision rather than focusing only on quarterly or annual performance.

"I must learn from all the startups how to be brief and crisp. Politicians can do better without long speeches. Japan, known for precision, high quality, discipline and craftsmanship, has taught the world a very profound lesson. Great companies are not built for a quarter perf...