Startups will attract significant foreign direct investments in 2023: DPIIT secretary Anurag Jain

Startups in India will attract significant foreign direct investments (FDI) in 2023 as the government is taking steps to strengthen the ecosystem for budding entrepreneurs, secretary of the Department for Promotion of Industry and Internal Trade (DPIIT) Anurag Jain said on Tuesday.

Jain said India has the third-largest startup ecosystem in the world and the way startups here are performing; soon the country will become a top ecosystem globally.