ENTREPRENUERSHIP:

CHALLENGES &
OPPORTUNITIES IN
INDIAN PERSPECTIVE
PRESENTED BY: PRATEEK KOTHARI
MIST,
MANDSAUR
ENTREPRENUERSHIP IN
INDIA
 India is a favorable place for entrepreneurship
 Holds ninth position in the Global
Entrepreneurship Monitor (GEM) survey
 Highest among 28 countries in Necessity
based entrepreneurship
 5th from the lowest in opportunity-based
entrepreneurship
 INDIA VS CHINA
 India has followed  China’s growth has
organic method
been fuelled by
 Has concentrated more
on the development of heavy dose of
the institutions that foreign direct
support private investment
enterprise by building a
stronger infrastructure to  Corporate and legal
support it. systems of China
 Corporate and legal operate with lesser
systems of India operate
with greater efficiency efficiency and
and transparency transparency
SECTORS OF
ENTREPRENUERSHIP
 Information Technology
 Research & Development
 Electronic & Electrical Goods
 Telecommunication
 Agro Industries
 Education and many more……….
Entrepreneurship: Challenges
 Strengthening the overall economy
 Taxes & Regulations
 Cost & Availability of Health Insurance
 Attracting & retaining a quality workforce
 Global Competition
Entrepreneurship : Opportunities
 Increased Investments in Technology and
Innovation
 “Economic Gardening” and Grooming
Local Entrepreneurs
 Pursuing New Markets Overseas
 Promoting Business Ownership among
Selected Demographic Groups
 Advancing Education and Training
Factors Promoting Entrepreneurship
Growth in India
 Making Government more business friendly
 Education System
 Do not inculcate the concept of job from
childhood
 Infrastructure
 Processing easy
 Pro business policies
 Providing easy loans with low interest rates
SOCIAL ENTREPRENEURSHIP IN
INDIA
 Popularity of SE is growing at a very high pace in
India
 ‘Not-for-profit’ organizations want to transform
society
 Focus is on enterprising micro groups, which
want to transform their own, and the
community’s, circumstances but can’t access any
finance
 4 out of the top 10 most innovative companies in
India were standalone social enterprises or have
socially entrepreneurial initiatives
SOCIAL ENTREPRENEURSHIP IN
INDIA

 Important notable change is the involvement of

mainstream financial institutions in social
entrepreneurship
 The fund measures returns in terms of financial,
operational (internal processes and systems) and
social impact (outcome and output)
 Output is number of people who are impacted and
outcome is how it has affected them
 CONCLUSION
 Post-liberalization and globalization era, in India
has brought with it a growing middle class
 Indians have huge potential, which if tapped can
be a veritable gold mine
 The Government needs to still continue reducing
the administrative burden on entrepreneurs, and
coordinate among their agencies to ensure that the
necessary resources are directed where they are
needed
 Physical infrastructure needs to be improved
THANKYOU