New Delhi-Union Minister of Commerce , Piyush Goyal said that India has naturally emerged as the startup capital of the world with the highest registered startups and he applauded the suo moto decision of the oil PSUs, under the Petroleum Ministry, to set up a startup fund that will encourage Indians to innovate and set up their own companies. Piyush Goyal further said that India will soon become the innovation capital of the world He said that he is extremely proud of the young girls and boys who are the driving force behind the startup revolution taking place in India today.participated in the 3rd edition of India Energy Forum2019 by CERAWeek in New Delhi today. Piyush Goyal was part of the Indian Ministerial panel along with R. K. Singh, Minister for New and Renewable Energy and Pralhad Joshi, Minister of Coal and Mines. The discussions were conducted by Daniel Yergin, Pulitzer prize winning author, speaker and energy expert.

During the discussions Commerce and Industry Minister said that India has naturally emerged as the startup capital of the world with the highest registered startups and he applauded the suo moto decision of the oil PSUs, under the Petroleum Ministry, to set up a startup fund that will encourage Indians to innovate and set up their own companies. Piyush Goyal further said that India will soon become the innovation capital of the world and informed that during his interactions with young innovators, even in the remote parts of the country, youngsters come forth with bright ideas to solve number of economic and social problems that prevail in India today. He said that he is extremely proud of the young girls and boys who are the driving force behind the startup revolution taking place in India today.