States’ Startup Ranking: Gujarat, Karnataka, Meghalaya Best Performers

| Updated: July 4, 2022 5:08 pm

The States’ Startup Ranking 2021 has named Gujarat and Karnataka as the “best performers” in Category A, while Meghalaya has been named the “best performer” in Category B.

Two categories, Category A and Category B, were used to categorise the states and union territories (UTs). States and UTs with populations exceeding one million falls into the first category, while those with populations under one million fall into the second.

The Department for Promotion of Industry and Internal Trade’s (DPIIT) yearly study, The States’ Startup Ranking, ranks the states and UTs of the nation based on the strength of their startup ecosystems. The framework was initially launched in February 2018.

The report rates each state on a scale of 100 and includes 26 action items, including, among others, the development of institutional support, mentorship, and money for enablers.

The exercise resulted in a classification of 24 states and 7 UTs into five groups. Best performers, top performers, leaders, aspiring leaders, and budding startup ecosystems comprised these classes.

Telangana, Kerala, Maharashtra, and Odisha were among the top performers in Category A. Jammu, and Kashmir was also represented in the class as a Category B representative.

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