New Delhi, Jan. 16 -- Union Minister of Commerce and Industry Piyush Goyal lauded the indispensable role startups play in India's ambitious journey towards becoming a developed nation by 2047.

According to a press release by the Ministry of Commerce and Industry, during the Startup Awards and State Ranking Awards function, Goyal highlighted the substantial strides made in the startup sector over the past eight years, emphasizing its transformation from a novelty to an integral part of the national mainstream.

The Minister commended startups across diverse sectors such as MedTech, FinTech, AgroTech, aviation, drones, and simulators, recognizing their significant contributions.

A notable focus was placed on the untapped potential within ...