ENTREPRENEUR CHALLENGES AND OPPORTUNITIES IN INDIA

  • Unique Paper ID: 168295
  • Volume: 11
  • Issue: 5
  • PageNo: 2527-2538
  • Abstract:
  • Particularly in emerging nations like India, entrepreneurship is a vital engine of economic growth, innovation, and job creation. The Indian School of Business and Finance offers the country's entrepreneurial scene a dynamic and lively environment that is full of both enormous potential and important difficulties. The complexities of entrepreneurship in India are examined in this study, which looks at the variables that influence entrepreneurial success and draws insights from a BMS, MMS business, and management program in Business and Management Research Institutes in Mumbai and around India. Getting funding is one of the most typical hurdles, as is growing without direction or resources, and operating in a complex regulatory environment. Most entrepreneurs have encountered these difficulties at some point and still pose obstacles for the next generation. An important factor in the growth and expansion of every nation's economy is entrepreneurship. A country's economic prosperity can be prevented by entrepreneurship, which creates jobs, increases national income, fosters rural development, advances technology, industrializes a country, promotes exports, and more. Numerous organizations and businesses engage in entrepreneurship development initiatives, and some participants use these programs as a springboard for starting their businesses. Through inventions, entrepreneurs turn ideas into business prospects. This is why they are regarded as a major source of competitiveness in a world economy that is becoming increasingly global. Therefore, many regimes aim to increase the number of capable and internationally competitive entrepreneurs in their respective nations. Sahoo (2022)2.

Cite This Article

  • ISSN: 2349-6002
  • Volume: 11
  • Issue: 5
  • PageNo: 2527-2538

ENTREPRENEUR CHALLENGES AND OPPORTUNITIES IN INDIA

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