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Ministry of Commerce & Industry

Commerce and Industry Minister Shri Piyush Goyal Highlights India’s Growing Startup Ecosystem at India–Japan Startup Roundtable in Tokyo

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Source-grounded summary

Union Minister of Commerce and Industry Shri Piyush Goyal addressed the India–Japan Startup Roundtable in Tokyo, highlighting India's position as the world's third-largest startup ecosystem with nearly 250,000 startups over the past decade. The event brought together senior government representatives, investors, industry leaders, and startups to reinforce cooperation in startups, deep-tech, innovation, and MSMEs. Shri Goyal proposed a four-pillar framework for future cooperation: a Japan–India Deep-Tech Capital Corridor, a Two-Way Innovation Bridge, Manufacturing and Technology Integration, and Joint Startup Pitching Platforms. He also noted India's proposed second Fund of Funds of approximately US$1 billion aimed at deep-tech enterprises. Japanese stakeholders, including representatives from JICA, JETRO, and various corporations, discussed investment opportunities in sectors such as AI, semiconductors, healthcare, space, and advanced manufacturing.

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