The Best Time to be an Entrepreneur in India

Seventy years after independence, one year after the launch of Start
Up India and Make in India initiatives, never before in India’s history,
has there been a better time to be an entrepreneur.
We have moved
far from the age of big business dominating and crushing competition,
to top industrialists and corporates today, donning the role of mentors,
sharing their entrepreneurial journeys and providing support to keep
this momentum going. There is a certain pride in seeing Indian start-ups
make it big.
The momentum is strong, with veterans,
professionals, students, women entrepreneurs, policymakers and
investors, everyone celebrating entrepreneurship. Over the last few
years, we have seen innovations in solving some of India’s most pressing
problems. How do we get farm produce to end consumers more efficiently,
so that the customer pays less, and the farmer earns more?
Many
new-age entrepreneurs today don't come from traditional business
families; they need a supporting ecosystem to nurture them. The
entrepreneur ecosystem - Incubators, accelerators, mentors,
investors, are playing a great role towards actualising the vision for
start-ups in India, especially at the grass-root level.
First
generation entrepreneurs, to next generation traditional family
businesses with a radically transformed approach towards new venture
creation that is collaborative as well as competitive. In a
knowledge-based economy, the worth of new age start-ups is based on
intangible valuation and innovative business models, products or
services.
There is an opportunity where challenges exist, and the
opportunity to find solutions to the myriad problems of the country with
a population over 1.2 Bn beckons entrepreneurs. Disruptive innovation
is the key and Indian talent is poised to produce solutions to
challenges. The Tech led disruptive innovation has enabled an ease of
doing business, made the global market place accessible, fostering a
global mindset and adoption of international best practices.
With
over 430 million internet users and over 300 million mobile Internet
users enabling bringing the MSME businesses online, the opportunity is
ripe for India’s millions of MSME businesses to reap benefits. The
online marketplace is encouraging merchant of all sizes and opportunity
to reach out to a broad customer base both in India and across the
world.
Entrepreneurs can start and expand their business from
their small towns and villages while leveraging the global presence of
e-commerce platforms. So, an entrepreneur from a Tier 2 city in
Maharashtra can showcase their products to millions of active buyers
without worrying about demand generation, marketing costs, delivery
challenges and so on.
The wisdom of over 70 years combined with
the energy of a youthful population, India has begun an ambitious
journey of transformation that will be fuelled by the fire of
entrepreneurship.
Whenever taken in a right dose, 'recreation' will back out the mounting tensions and strains which creep into our internal identity in light of the cutting edge approach to everyday life. wedding catering
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