Within a year, the number of technology start ups in the country has grown by 40 per cent to over 4,200, making India the third largest base of technology start-ups in the world, according to the Economic Survey 2015-16.
This has further helped create about 80,000-85,000 jobs during 2015. “India, home to a new breed of young start-ups, has clearly evolved to become the third largest base of technology start-ups in the world. Within one year, the number of start-ups in India has grown by 40 per cent and crossed the 4200 mark, an addition of nearly 1200, creating 80,000-85,000 jobs in 2015,” the survey.
Contributed By Sonia Narula