Breaking
DEElection in Saxony-Anhalt: AfD reaches record high, CDU fallsAR11 students were killed and 18 others injured when a bus fell from a height of 30 meters in Cabo VerdeUKThree charged with attempted murder after shotgun fired in Braintree town centreBRDelegate represents the preventive arrest of man accused of invasion, threat and fire in AperibéINWhat did the students who witnessed the hostel collapse incident in Delhi tell BBC?BRMaroon 5 debuts national tour 'Love Is Like' in São José do Rio Preto with expectations of 25 thousand people and R$20 million in the local economyINTLKimi Antonelli wins Italian Grand Prix from 19th on grid at MonzaESAemet warns of extreme heat in ten autonomous communities with temperatures of up to 41 degreesRUAthletic Bilbao defeated Atlético Madrid with a score of 3:0 in a La Liga matchESSpain finishes fifth in the Valencia SailGP and maintains second position overallDEElection in Saxony-Anhalt: AfD reaches record high, CDU fallsAR11 students were killed and 18 others injured when a bus fell from a height of 30 meters in Cabo VerdeUKThree charged with attempted murder after shotgun fired in Braintree town centreBRDelegate represents the preventive arrest of man accused of invasion, threat and fire in AperibéINWhat did the students who witnessed the hostel collapse incident in Delhi tell BBC?BRMaroon 5 debuts national tour 'Love Is Like' in São José do Rio Preto with expectations of 25 thousand people and R$20 million in the local economyINTLKimi Antonelli wins Italian Grand Prix from 19th on grid at MonzaESAemet warns of extreme heat in ten autonomous communities with temperatures of up to 41 degreesRUAthletic Bilbao defeated Atlético Madrid with a score of 3:0 in a La Liga matchESSpain finishes fifth in the Valencia SailGP and maintains second position overall
BackUnion Minister Jitendra Singh calls for expanding startup ecosystem to Tier-2 and Tier-3 cities
Union Minister Jitendra Singh calls for expanding startup ecosystem to Tier-2 and Tier-3 cities
NEWS
Economic Times3 hours agoBusiness3 min readIndia

Union Minister Jitendra Singh calls for expanding startup ecosystem to Tier-2 and Tier-3 cities

Minister emphasizes need for stronger linkages between science, startups, and industry at RISE Conclave 2026 in Kolkata

Quick Look

  • Union Minister Jitendra Singh urged the expansion of India's startup ecosystem into Tier-2 and Tier-3 cities during the RISE Conclave 2026 in Kolkata.
  • He emphasized the need for better integration between scientific research, startups, and industry to drive growth.

AI-generated summary

Why It Matters

India has emerged as the world's third-largest startup ecosystem with nearly 240,000 startups. The government is promoting a 'Whole-of-Science' approach to integrate research with industry.

Font size

Union minister Jitendra Singh on Sunday called for taking India's "rapidly expanding" startup ecosystem beyond metropolitan centres, and said there is a growing need to recognise the innovation potential of Tier-2 and Tier-3 cities.

Addressing the inaugural session of the 'RISE (Research, Innovation, Start-up and Entrepreneurship) Conclave 2026' here, Singh said stronger linkages should be created among science, startups and industry to accelerate the journey of indigenous technologies from laboratories to the marketplace.

"There is a growing need to recognise the innovation potential of Tier-2 and Tier-3 cities. More than 50-60 per cent of India's startups do not belong to metros.

"Young innovators from smaller cities are increasingly matching and, in several cases, excelling their counterparts in bigger cities, making it important for scientific institutions and the innovation ecosystem to reach out to them rather than expecting them to travel to established technology hubs," he said.

Singh said that India has emerged as the world's third-largest startup ecosystem, with nearly 2,40,000 startups.

The Minister of State for Science and Technology said Kolkata's selection as the venue for the RISE Conclave carries a special significance because of the city's historic contribution to India's scientific and academic journey.

Recalling Bengal's long tradition of scientific excellence and institution-building, he said Kolkata has produced and nurtured eminent personalities and institutions, which have contributed significantly to India's intellectual and scientific progress.

He also called for restoring Bengal's scientific and intellectual heritage, asserting that Kolkata had historically been a "trend setter" and continues to play a key role in shaping the country's future.

Singh said India's journey towards becoming a global technology and startup powerhouse must also involve reclaiming the legacy of its historic centres of excellence.

Referring to Dr Bidhan Chandra Roy and Dr Syama Prasad Mookerjee, among others, Singh said the present generation has the responsibility to live up to this extraordinary legacy, and help restore Kolkata's position as a major centre of scientific and technological excellence.

Singh said the Centre's 'Whole-of-Government' approach is increasingly translating into a 'Whole-of-Science' approach, bringing different ministries, departments, research institutions, academia and industry together.

"India has in recent years created new opportunities for private-sector participation in areas that were earlier largely closed to industry, including space, nuclear energy and biotechnology. The opening up of these sectors has created a new environment for startups and businesses to participate in national technology development," he was quoted as saying in an official release.

The minister urged industries to come forward and adopt, support, finance and commercialise indigenous technologies emerging from Indian laboratories.

He said scientific projects and startups cannot be sustained in isolation, and require a mutually beneficial relationship with business and industry.

Singh said the scientific and technological strengths of eastern India, coupled with its strong academic and industrial base, can play a major role in the country's technology-led growth.

Startups can serve as key vehicles for technology transfer, while established industries in sectors such as steel, aluminium, mining, jute, IT and software can become important partners in taking indigenous technologies to scale, he said.

The conclave, jointly organised by four CSIR institutions -- CSIR-CGCRI, CSIR-IICB, CSIR-CMERI and CSIR-IMMT -- brings together startups, industry, academia, researchers, innovators, investors, incubators, MSMEs and policymakers, the release said.

Eight MoUs and four technology transfer initiatives formed a key part of the conclave, it said.

Open Questions

  • What specific financial incentives will be provided for Tier-2 startups?
  • How will the proposed technology transfer initiatives be measured?

Related Topics

This article was originally published by Economic Times.

Related Stories

11 companies line up to raise Rs 7,055 crore from investors in India's primary market
Developing·

11 companies line up to raise Rs 7,055 crore from investors in India's primary market

Eleven main-board IPOs are scheduled between September 7 and September 15 to raise a total of Rs 7,055 crore, with Rs 2,722 crore from fresh issues and Rs 4,333 crore from offers for sale. The week begins with Pranav Constructions on September 7 and peaks on September 9 with seven IPOs, including Rentomojo and Karamtara Engineering. Proceeds will fund expansion, capex, debt repayment, and working capital.

Times of India
2 min read
AI data center construction boosts trucking industry despite community backlash
Developing·

AI data center construction boosts trucking industry despite community backlash

As communities across the U.S. resist AI data center construction over land use, water, and electricity concerns, the trucking industry benefits from increased freight demand for transporting components like transformers, semiconductors, and construction materials, with flatbed and heavy haul sectors seeing multiyear high spot rates and rural buildouts reshaping routes, though experts warn of a sharp drop in truck traffic once facilities are operational.

Times of India
2 min read
More on this topicstartups