With over 60,000 firms across all industries, India is the world’s third-largest start-up ecosystem. It has 83 unicorns worth a total of $277.77 billion. In any case, India’s entrepreneurs are at the forefront of the country’s innovation, driving important advances in fields as diverse as defence, healthcare, fintech, cars, sustainability, and many more. Despite the pandemic, Indian start-ups have continued to expand, not only in terms of number but also in terms of scope and magnitude. Gautam Khaitan, the head of the Corporate Division at O.P. Khaitan & Co law firm, explains how India will continue to be known as the start-up capital of the world with the implementation of budget 2022.
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