Startup Hub India Set to Drive Global Progress

India's startup ecosystem has evolved into a global innovation hub, driving economic growth, job creation, and technological advancement across diverse sectors.

By Marico Innovation Foundation February 23, 2024 | 12:00 PM
A group of professionals in a modern office space engaged in a meeting. The team, consisting of four people, is seated around a table with laptops, notebooks, and plants. They are discussing and brainstorming ideas, fostering collaboration and innovation in a startup environment

The remarkable transformation of India’s startup ecosystem from being service-oriented to becoming a global centre for innovation and entrepreneurship, is worth noting. In CNBC TV18’s feature titled ‘Why India as a startup and innovation hub will play a vital role in future global progress’, Amit Chandra, Honorary Chairperson, Governing Council, Marico Innovation Foundation (MIF), and Suranjana Ghosh, Head of MIF, underscore the immense economic potential of startups today in driving job creation, fostering innovation across diverse sectors like healthcare, agriculture, and renewable energy, and contributing significantly to India’s economic growth. They also discuss the evolving funding environment, emphasising the importance of sustainability, technological innovation, and global expansion for Indian startups. 

In the midst of celebrating India's thriving startup ecosystem, it's essential to acknowledge the abundant opportunities, particularly in sectors where innovative solutions drive transformative #progress. In CNBC TV18's feature, titled "Why India as a #startup and #innovation hub… pic.twitter.com/h4Dros630q

— Marico Innovation Foundation (@MIF_India) March 15, 2024

Explore more insights

MIF In The Press

Stock Take: Startups from MIF’s Plastics Portfolio Deliver Climate Impact

An overview of MIF’s Plastics Program Roundup 2023-24 event, as featured in TheCSRUniverse.

February 29, 2024
Agri-Technology

GreenPod Labs: A Case Study in Transformative Mentorship

GreenPod Labs, a MIF Scale-Up portfolio company, has delivered exceptional operational and financial results through strategic and functional mentorship.

January 29, 2025
MIF In The Press

Interview: Suranjana Ghosh, Head of MIF, on Innovating to Solve India’s Plastics Problem

In an interview with TheCSRUniverse, Suranjana Ghosh discusses MIF's objectives and progress on catalysing innovations in the plastic waste management space.

January 15, 2024
See All Insights

Innovation (Inno), Success (Win) & what it takes to get there.

Subscribe to InnoWin, our monthly newsletter, where we blend insight with inspiration & action with aspiration.

Join our mailing list