Bhubaneswar, Jan 16: Odisha has emerged as one of the ‘Top Performers’ in India’s State Start-up Rankings for the year 2022.
It was announced by Commerce and Industry Minister Piyush Goyal on Tuesday.
Besides Odisha, Maharashtra and Telangana are among the states and UTs categorised as top performers in grooming up ecosystems for start-ups in their states.
As many as 33 states and Union Territories (UTs) had participated in the exercise, which ranked them under five categories – best performers, top performers, leaders, aspiring leaders and emerging startup ecosystems. The rankings are based on the initiatives taken to develop the startup ecosystem for promoting budding entrepreneurs.
Gujarat, Karnataka, Tamil Nadu Kerala and Himachal Pradesh were also adjudged as best performers in the current ranking exercise.
Startup Odisha has nurtured over 1,800 start-ups across agritech, IT, artificial intelligence, healthcare, fintech, and biotechnology sectors out of which 42% are led by women. It is on its way foster at least 5,000 startups by 2025. The state hosts 27 incubators, and among them is state-run O-Hub, featuring an expansive four lakh sqft space. At present, there are 75 active Entrepreneurship Cells (E-cells) and 93 incubates.
Executive Chairman, Startup Odisha, Omkar Rai, who received the recognition for the state said, “Odisha retaining the ‘top performer’ status in the DPIIT State Star-up Rankings 2022, is a testament to our unwavering commitment. Under the visionary guidance of Naveen Patnaik, we are driven to not just maintain but elevate the capabilities of our start-up ecosystem. Odisha is wholeheartedly dedicated to creating a conducive environment with a new start-up policy which is under consideration, aligning with global best practices, focusing on ESG factors, and promoting women’s entrepreneurship. Our goal is to inspire and support an increasing number of entrepreneurs on their journey.”