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flag India targets 5,000 unicorns and 240,000 startups by 2030, aiming to create 50 million jobs.

flag India aims to boost its number of unicorns from 118 to 5,000, according to Union Minister of Commerce and Industry, Piyush Goyal. flag The country currently hosts nearly 159,000 startups, with plans to double this number to 240,000 by 2030. flag This growth is projected to create up to 50 million jobs, including 4-5 million direct white-collar roles and 9-10 million in the gig economy. flag The government supports startups with initiatives like the Rs 20,000 crore Fund of Funds and the removal of angel tax barriers.

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