New Delhi | Gujarat, Kerala and Karnataka have emerged as the best performing states in developing startup ecosystems for budding entrepreneurs, according to the ranking of states and Union territories by the Department for Promotion of Industry and Internal Trade (DPIIT).

Tamil Nadu and Himachal Pradesh are also categorised as the best performers.

Maharashtra, Odisha and Telangana are among the states and UTs that are categorised as top performers.

The states' startup ranking for 2022 was released by Commerce and Industry Minister Piyush Goyal here on Tuesday.

A total of 33 states and Union territories (UTs) participated in the exercise, which ranked them under five categories -- best performers, top performers, leaders, aspiring leaders and emerging startup ecosystems.

The rankings are based on the initiatives taken to develop the startup ecosystem for promoting budding entrepreneurs.