Close this search box.
Close this search box.

Wadhwani Foundation aims to generate a million jobs through startups and SMEs

Wadhwani Foundation has planned to create a run rate of 1 million jobs in one year from startups and small- and medium-sized enterprises (SMEs).

Highlighting MSME sector’s role in creating job-led economic growth, Sanjay Shah, chief operating officer, India/South East Asia, Wadhwani Foundation said, “The foundation plans to establish a run rate of one million new annual jobs through startups and small- and medium-sized enterprises (SMEs).”

Its ultimate vision is to create 10 million jobs and skilling about 25 million people across 2 0 emerging economies by 2030.

In the next three years, the foundation will help 10,000 high-potential startups and provide entrepreneurship education to 500,000 students and train and place 2.5 million students every year.

The foundation’s SME-led initiative, Wadhwani Advantage, has an SME growth focus program for larger SMEs and a DIY program to scale up small SMEs.

The DIY platform is meant to provide an ‘SME Social Network’ for peer-to-peer networking and help connect to advisors and customers.

It has also set up a diagnostics support and helpdesk for SMEs.

Source: KNN India

More Press Coverage

We use necessary cookies and/or similar technologies to make this website work and to collect information when you interact with this website to improve your experience. By using This website, you acknowledge and consent to our cookie policy and privacy policy