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PM Modi Asks Startup Founders To Seek Patents For Their Innovations

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PM Modi Asks Startup Founders To Seek Patents For Their Innovations

India's Prime Minister, Narendra Modi, addressed the country's startup ecosystem at the Startup Mahakumbh event, stating that India has become the third largest startup ecosystem globally, with over 1.25 lakh startups and 110 unicorns. Modi urged startup founders to promptly initiate the patenting process, highlighting the importance of protecting their innovations in the fast-paced technology landscape. He also emphasized India's focus on emerging technologies such as artificial intelligence (AI) and its potential to open doors for young entrepreneurs and global investors. The event, which witnessed significant participation, aimed to foster the development of sectors like deeptech, agritech, biotech, medtech, AI, and gaming.

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