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The government's primary focus has been on easing regulations and reducing compliance burdens for the startup ecosystem: Piyush Goyal

At a PHD Chamber of Commerce & Industry event, he said the country has seen windfall investments from foreign investors and a massive push for infrastructure.

Goyal further said that 18 Initial IPOs were launched in the first half of 2024, following 17 IPOs in 2023.

The minister said that the government is ready to promote the drone industry, which has seen rapid growth in the last 3 years.

Piyush Goyal ease of regulations startup ecosystem regulatory burden compliance burden startup growth Entrepreneurship Indian government support business facilitation reduced compliance ease of doing business startup friendly policies government initiatives Startup Success Indian economy business regulation startup industry commerce minister industry growth.