Mumbai, March 9: Maharashtra boasts the highest number of registered startups in India, and notably, 45 percent of these are led by women, which is a matter of pride. Stating that the state is the country’s true ‘Startup Capital’, Chief Minister Devendra Fadnavis expressed confidence that Maharashtra especially its women entrepreneurs will play a significant role in achieving India’s five-trillion-dollar economy target.
Fadnavis made these remarks at the inauguration of the ‘Innovation Mahakumbh 2025’ at the campus of SNDT Women's University in Juhu. He pointed out that every idea in the minds of the youth is innovation and in the era of startups, everyone has the opportunity to become a new entrepreneur.
He recalled how in Britain women did not have voting rights at that time, yet 1916-founded pioneer institution by Maharshi Dhondo Keshav Karve provided higher education for women. This foresight has led to a new era of women’s empowerment and innovation in Maharashtra. The state government has formulated a policy to promote new entrepreneurs. He asserted that the government and universities have a role in giving wings to youthful dreams and are supporting new entrepreneurs at every step.
Fadnavis further stated that modern innovation is not just about new products but about making life easier. When an idea transforms into market reality, it propels the economy, and AI and data analytics are accelerating new ideas. He expressed his belief that thanks to the Startup India initiative launched by Prime Minister Narendra Modi, India has become the world’s third-largest startup economy and will soon become second.
At the event, innovations developed by women entrepreneurs were showcased. The Chief Minister visited the exhibition, congratulated all innovators, and honored the top three startup ideas in the fields of healthcare, agriculture and transport management. He also inaugurated a pre-incubation centre.
Skill Development, Employment & Entrepreneurship Minister Mangalprabhat Lodha said the state is rapidly progressing in education and innovation and expressed confidence that Maharashtra will rank first in this field in the coming time, emphasising the key role of women entrepreneurs and assuring support for SNDT University.
SNDT University Vice-Chancellor Dr Ujwala Chakradeo provided an introductory overview of Innovation Mahakumbh 2025 and its objectives
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