TOKYO, AUG 26 (IANS): Commerce and Industry Minister Piyush Goyal on Wednesday highlighted India’s emergence as the world’s third-largest startup ecosystem, with nearly 250,000 startups established over the last decade, at the India–Japan Startup Roundtable here, according to an official statement.
The roundtable brought together senior government representatives, investors, industry leaders, and startups from both countries, reaffirming the shared commitment of India and Japan to deepen cooperation in startups, deep technology, innovation and MSMEs. Discussions focused on strengthening technology partnerships, promoting investment and fostering the next phase of innovation-led economic collaboration between the two countries.
Goyal said India’s large domestic market, deep STEM talent pool, digital public infrastructure and rapidly expanding innovation ecosystem make it an attractive destination for Japanese technology, investment, and innovation partnerships.
Welcoming the participants, Ambassador Nagma Mallick highlighted the growing startup engagement between the two countries. The India–Japan Pitching Series has already connected 65 Indian startups with around 100 Japanese corporations and facilitated more than 30 business tie-ups. She noted that the participation of a 222-member Indian business delegation provides an opportunity to forge new and enduring partnerships between the two innovation ecosystems. Goyal proposed a forward-looking framework for the next phase of India–Japan startup cooperation centred on four pillars: a Japan–India Deep-Tech Capital Corridor to mobilise patient capital for early-stage research, deep-tech innovation and commercialisation.
Thursday, August 27, 2026