Indian start-up ecosystem is third largest in world, says President Murmu

By  Annesha Barua February 13th 2023 03:47 PM

Lucknow, February 13: President Droupadi Murmu on Monday at Babasaheb Bhimrao Ambedkar University in Uttar Pradesh's Lucknow said, India has lot of potential and is the third largest start-up ecosystem in the world. The knowledge and potential among the students is enormous and all educational institutions, especially varsities and technical educational institutions should take full advantage and encourage students for research and innovation.

President Droupadi Murmu on Monday was addressing the 10th convocation of Babasaheb Bhimrao Ambedkar University in Lucknow. 


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While addressing the President said, "Today India has the third largest start-up ecosystem in the world. All educational institutions, especially universities and technical educational institutions should take full advantage of this ecosystem and encourage their students to research and innovate. Their efforts would be an important contribution to making India a leading nation in the field of innovation and technology."

She also emphasised that the environment is favourable and appropriate for investment and business by the UP Global Investors Summit-2023, the President urged to connect education with this favourable environment.

"Our universities should develop themselves into a centre where new research is done for public welfare, a hub of the Fourth Industrial Revolution, and an incubation centre for start-ups. It would be very heartening if our educational institutions also become messengers of a new revolution and social prosperity and equality," she said.

President Murmu further said that Babasaheb Dr Bhimrao Ambedkar believed that it is the duty of a university to provide education to poor and needy people. As per to Dr Bhimrao Ambedkar, an educational institution should provide quality education to all without any discrimination.

She said that Babasaheb Bhimrao Ambedkar University is doing commendable work for the upliftment of Schedule Caste and Schedule Tribe students by giving them 50 per cent reservations.She expressed confidence that this university would continue to spread education in the country and the state according to the ideals of Babasaheb.

"Convocation is a very important occasion for the students. On this day, they get the fruits of the hard work of many years," she said.

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