India has 3rd largest startup ecosystem, consumer market in world: PM Modi
Hyderabad (Telangana), May 26: On the occasion of 20 years of the establishment of the Indian School of Business (ISB) in Hyderabad, Prime Minister Narendra Modi stated that ISB is one of the top business schools in Asia.
He further said that the world's third-largest startup ecosystem and consumer market are in India.
"We all are celebrating the completion of 20 years of the establishment of ISB. Today many colleagues have got degrees and gold medals. It has been the penance of many people to take ISB to this stage of success. Remembering all of them today, I congratulate you all very much," PM Modi said while addressing the gathering at the event.
"In the year 2001, Atal ji dedicated it to the country. Since then, till today, about 50,000 executives have graduated from here. Today ISB is one of the top business schools in Asia," he added.
Also Read | Mohali: Five aides of gangster Lakhbir Singh Landa nabbed; arms, ammunition seized
PM Modi expressed gratitude to ISB for its contributions to the country, saying, "Today India is the fastest growing economy in the group of G20 countries. In the case of Smartphone Data Consumption, India is number one. If we look at the number of Internet users, then India is second in the world. India also ranks second in the world in the Global Retail Index."
"The world's third-largest startup ecosystem is in India. The world's third-largest consumer market is in India," the Prime Minister added.
On Thursday, PM Modi visited Hyderabad to attend an event at the Indian School of Business.
Also Read | Big blow to Bhagwant Mann govt: Punjab Governor returns 'one MLA, one pension' ordinance
-PTC News
