States’ Startup Ranking 2019: A Comparative Analysis of Top and Emerging Startup Ecosystems

Abstract

Leading towards an indigenous India, government is working hard to build a robust ecosystem for startups. Supporting the creative and innovative minds, the Government of India (GOI) has come up with an initiative where it involves every corner of the nation, leading them towards the goal of building strong Startup Ecosystem. In this vision every state has committed to exert oneself and contribute their best. Every State, Union Territory and Central authorities are in the process of making their state a best place to initiate any startup. To encourage this spirit, Ministry of Commerce and Industry along with Department for Promotion of Industry and Internal Trade (DPIIT) launched an exercise named as ‘States’ Startup Ranking’. Inspiring states to work more towards policy making and creating vast support system for startups, GOI has announced the second report of States’ Startup Ranking 2019 in the month of September. This study focuses on the performance of different states which participated in the States’ Startup Ranking 2019. Studying the actions taken by different states, the report aims to analyze the difference between the performing and less performing states. The focal point of the study is to concentrate on variance evident in the conduct of highest and lowest performing states. This paper is an attempt to highlight the areas where states need to concentrate more in order to develop the conducive ecosystem for the startups to grow and sustain.