Startup failure gradually reducing in India; more awareness needed: STPI DG

Asserting that the rate of failure of startups in the country is slowly declining, Director General ofSoftware Technology Parksof India (STPI)Arvind Kumarsaid there is a need to create more awareness about what the government is doing to promote startups.

The STPI DG was in Goa to address theFuture Tech Leadership Forum Goa2023 on Saturday organised by the stakeholders in the state’s IT .

Kumar said there should be a subject on Entrepreneurship for students in 12th standard where the product cycle should be explained and they should be made job producers and not job seekers.
He said STPIs’ directors are going to various colleges and giving lectures to youngsters about startups and also how to get funds for that.