With Narendra Modi’s call for ‘Make in India’, it looks like the nation has responded tremendously.
According to a report by NASSCOM, India ranks third among countries with the most start up companies. With more than 4,200 ‘new-age companies’, India only ranks behind USA and UK.
Start up companies have become a rage in a nation which is easily crossing basic barriers of Roti, Kapda, Makaan, and more and more youth are opting to start their own companies, rather than fall back on the security of a job.
The report goes on to reveal that there are three to four start up companies being formed every day, and this is a sign of the things to come. Bangalore and Mumbai have turned out to be the hub for start up companies in India.
While PM Narendra Modi’s call to ‘Make in India’ was met with general enthusiasm and some scepticism, the trend that is India seems to be following proves him right after all.