Bhopal (Madhya Pradesh): Chief Minister Mohan Yadav on Monday said that India will soon become the world’s third largest economy, highlighting the growing strength of start-ups in the country.
He was addressing the second and concluding day of the Madhya Pradesh Start-Up Summit 2026 held at Ravindra Bhawan in Bhopal.
The Chief Minister said India is already the fourth largest economy in the world and is moving rapidly towards becoming the third largest.
3rd rank in start-ups
Chief Secretary Anurag Jain said that the start-up ecosystem has expanded the imagination of youth, who now see themselves as wealth creators. He said India ranks third globally in terms of the number of start-ups.
“The idea of solving problems is at the heart of every start-up. If you have an idea, the government is there to support you,” he added.
Jain also said that success often comes after many failures and youth should not be afraid of failing.
MSME Minister Chetanya Kashyap said that Chief Minister Mohan Yadav understood the importance of start-ups and introduced relevant policies to promote them.
Young entrepreneurs from far-flung areas of the state participated in the summit. Awards were presented in categories such as Best Growth Start-Up and others.
Several start-ups also set up stalls at the venue to showcase their work and explain the services they provide to clients.
