The country is trying to build a better mechanism for funding startups and whatever steps are required to promote the sector are being taken, he said, addressing the Startup Mahakumbh here.
The PM exhorted entrepreneurs and startups to work on "Indian solutions for global applications" while stressing that the country's thriving startup community would strive to meet the challenges faced by nations across the world. Modi said a world of opportunities is being created for innovators and investors with the advent of the artificial intelligence (AI) industry, and to support it, the government has announced the India AI Mission, the National Quantum Mission and the Semiconductor Mission.
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