Entrepreneurial Dynamism in India
Keywords:
Economic Indicators, Green Entrepreneurship, Implication in Indian Market, Role of Digital Entrepreneurship, Developing Economy, MSME: An Eye Opener, Entrepreneurs in India, Khadi Sector in India, Performance of MSMEs, Women Entrepreneurs, Atma Nirbhar Bharat Initiative, Self-reliant India, Make in India Scheme, Entrepreneurial Development, Atmanirbhar Bharath Abhiyan, Digital India, Research Gap Analysis, Tribal EntrepreneurshipSynopsis
The vision of India 2.0 taking forward the nation towards self-reliance in 2047 has clearly reiterated that every citizen has to make the glimpse of the past to stand out in the growth of all fields in the future. This is stated as “The journey of 75 years after independence is a reflection of the hard work, innovation, enterprise of ordinary Indians. Whether in the country or abroad, we Indians have proved ourselves with our hard work. We are proud of our Constitution. We are proud of our democratic traditions. The mother of democracy, India is still moving forward by strengthening democracy. India, rich in knowledge and science, is leaving its mark from Mars to the moon.” Every decade has been a challenging picture for India, in development, economy, and social outcomes, technological surmount, industrial outlay, and so on. In brief, 1990s show caused the economic dynamics through LPG policies, 2000s impacted the technological surmount for industries and allied fields, 2010s displayed the exigencies for resource optimality and proficient governance with data management.
It is clearly evident that the Entrepreneurial environment has attained more dynamism during the recent past, and is expected to continue in the same way, as a trend setter for the forthcoming decades. The Global Entrepreneurship Monitor (GEM) Report 2020-21 provides that 82 per cent of youngsters believe that they have the required skills and knowledge to start a business. Out of 47 economies, India ranks 3rd for perceived opportunities. The COVID-19 pandemic has seen a vast entrepreneurial dynamics in its ecosystem and sustainability. The entrepreneurs in post-pandemic time seek to upgrade their business with newer methodology and technology, to make their enterprises more affordable and lively for a longer period without compromising on its losses. A leading survey conducted by EDII, Ahmedabad, has shown that, 70 per cent of entrepreneurs changed their business plans and developed alternative plans amidst the pandemic, with nearly 45 per cent of entrepreneurs in India explored new business opportunities and 22.5 per cent of entrepreneurs expanded into online trading during the pandemic.
Chapters
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India "Developed" Country by the year 2047! Study on Economic Indicators- Current Position and Projection towards 2047
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Role of Green Entrepreneurship and its Implication in Indian Market 2022
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Role of Digital Entrepreneurship in a Developing Economy
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MSME: An Eye Opener of Sustainable Entrepreneurs in India
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Performance of MSMEs and Khadi Sector in India - A Study
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Women Entrepreneurs' Impact on Our Indian Economy
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A Study on Women Entrepreneurs in India
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Green Entrepreneurship in India – A Study
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Challenges and Opportunities of Atma Nirbhar Bharat Initiative towards Self-reliant India: A Comprehensive Study
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Make in India Scheme – A Boon for the Manufacturing Sector
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Significance of the Make in India Initiative on Entrepreneurial Development
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Atmanirbhar Bharath Abhiyan – Digital India
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Research Gap Analysis of Tribal Entrepreneurship