![]() ![]() That ecosystem includes stakeholders in the government, Venture Capitalists, Angel Investors, institutions and market opportunities. ![]() A 2017 NASSCOM report suggests that India is home to 5000 tech start-ups and third largest start-up ecosystem after US and UK. The 2010s especially has become the decade for start-ups with entrepreneurial ventures becoming the country’s favourite fascination. India is a young country with the majority of the population being unemployed. The placement scenario is not too good. We, the youth of India, are more keen on setting up our own business rather than working for some multinational company. It was in the early 2000s that the first change was introduced and a drastic change had occurred between 2008-09. This has led to a tremendous growth to fledgling small scale industries and start-ups which in turn has had a domino effect and led to the vast and conducive climate of innovation and solution to problems via entrepreneurship that exists in the country today. Ever since the liberalisation of the Indian economy under the leadership of Prime Minister Narsimha Rao and his then finance minister Manmohan Singh, Indian economic policies have been more market oriented which has expanded the role of foreign and private investment.
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