In order to lift the majority of population above the poverty line, NITI Aayog CEO Amitabh Kant has said that India needs to grow at the rate of 9-10 percent. This growth will not be possible unless entrepreneurship in the country gets a massive boost. He said start-ups and entrepreneurship will important factors going ahead. India currently ranks third in the world in the startup ecosystem. Over 16,500 startups are recognised in the country and these startups are from 499 districts of the country with 47 percent coming from tier-2 and 3 cities.
He further said that India needs to be open to globalisation, and embrace the growing urbanisation. There are plenty of opportunities emerging due to urbanisation, such as recycling water and waste, mass transportation, education, healthcare, electric vehicles and many more.
Besides, he stated electric vehicles are a sunrise opportunity as India has over 72 percent two-wheelers; our endeavour should be to make these electric, and also manufacture electric vehicles for the world, in India.