India, June 14 -- Highlighting India's remarkable progress in innovation-driven development, PM Modi noted that the country has emerged as the world's third-largest startup ecosystem, supported by strong policy reforms, digital transformation and a rapidly growing entrepreneurial culture.

The Prime Minister emphasized that over the past 11 to 12 years, India has built a robust innovation ecosystem through initiatives such as Startup India, expanded incubation networks and increased patent filings. According to him, the country's innovation journey has advanced in mission mode, helping create an environment where startups and technology-driven enterprises can thrive.

PM Modi expressed confidence that the number of startups in India will...