According to Prime Minister Narendra Modi, who spoke to members of the Indian community on June 26 in Munich, Germany, India is leading the "path of innovation," with one unicorn appearing there every ten days.

India used to be at the bottom of the startup leaderboard. The third-largest startup ecosystem today is us. Similar to how we used to import even the most basic phones, we are now the second-largest maker of mobile phones worldwide.

Additionally, every ten days on average, a "unicorn" appears in India, according to Modi.

Modi asserted that there is a culture of creativity present throughout the nation, saying that an average of 5,000 patent applications are made in India each month.

Additionally, the nation is accelerating its digitalisation, with 40% of all real-time digital transactions worldwide occurring in India.

The prime minister claimed that the effort for digitalization has also made life easier, noting that "12 to 15 lakh people go by train daily by booking online tickets."

The agriculture industry has also been impacted by the usage of technology. "You'll be astonished to learn that we've begun employing drones to spread fertiliser in India."
Said PM Modi