Union Minister Dharmendra Pradhan recently announced that Odisha, a state in eastern India, aims to have 100 startups with a minimum turnover of Rs 100 crore each by its 100th anniversary in 2036. Speaking at the 100-Cube startup conclave, Pradhan highlighted the abundance of talent and ideas in the country, emphasizing the potential for Odisha and the eastern region to surprise the world with their startups. The minister believes that the conclave will serve as a catalyst for making innovation and entrepreneurship a way of living, providing young entrepreneurs with the opportunity to showcase their talents.
Pradhan further emphasized that Bhubaneswar, a knowledge hub in eastern India, houses the solutions to some of the world’s most complex challenges. He expressed his belief that the conclave will bridge the gap between knowledge and 21st-century opportunities, positioning Bhubaneswar and Odisha as epicenters for solution-centric startups. Additionally, he stated that this initiative would not only bolster India’s growth trajectory but also contribute to the overall global well-being.
With the implementation of this ambitious plan, Odisha aims to boost the Purvoday initiative, aimed at facilitating the development of the eastern states and propelling India’s growth in various sectors. By nurturing innovation and entrepreneurship, Odisha hopes to create a thriving startup ecosystem that will contribute to the state’s economic growth and attract investment.
The announcement made by Union Minister Dharmendra Pradhan has generated excitement and enthusiasm among startups, institutions, investors, and ecosystem enablers. It is expected that the 100-Cube startup conclave will provide a platform for these stakeholders to collaborate, exchange ideas, and drive the growth of startups in the region.
The focus on startups and entrepreneurship reflects the changing landscape of India’s economy, with a growing emphasis on innovation and technology-driven solutions. The government has been actively supporting the startup ecosystem through various initiatives and reforms to create a conducive environment for entrepreneurs.
The vision of having 100 startups with a minimum turnover of Rs 100 crore each in Odisha by 2036 is a bold step towards fostering creativity and entrepreneurial spirit in the region. With the right support, infrastructure, and investment, these startups have the potential to make a significant impact not only on the local economy but on a global scale as well.
As the conclave progresses, it is expected that policymakers, investors, and entrepreneurs will come together to discuss strategies, exchange knowledge, and build partnerships. This collaborative approach will pave the way for the growth of startups in Odisha and the eastern region, positioning them as key contributors to India’s startup ecosystem.
In conclusion, Union Minister Dharmendra Pradhan’s announcement of Odisha’s plan to nurture and support 100 startups with a minimum turnover of Rs 100 crore each by 2036 demonstrates the state’s commitment to fostering innovation and entrepreneurship. The 100-Cube startup conclave serves as a platform to bring together stakeholders and create an ecosystem that nurtures and promotes startups in the region. With the right support and opportunities, Odisha can emerge as a hub for innovative startups, driving economic growth and contributing to India’s development in the years to come.
