Brief by Shorts91 Newsdesk / 01:40pm on 19 Nov 2023,Sunday Business
Chief Economic Advisor, Dr. Anantha Nageswaran asserts that India's tier-2 and 3 cities, including Thiruvananthapuram, are pivotal in propelling startups towards making India the world's third-largest economy. Speaking at Huddle Global 2023 by Kerala Startup Mission, Nageswaran highlights the transformative role startups play, emphasizing the target of a $7 trillion economy by 2030. He lauds the entrepreneurial culture's contribution to efficiency and economic growth, noting India's emergence as the third-largest global startup ecosystem. The CEA emphasizes improved infrastructure and government support, with 49% of startups thriving in tier-2 and 3 cities.