Skip to main content

Entrepreneurship in India
0 followers
2 questions
0 posts

Do you have questions about Entrepreneurship in India?

Log in to ask questions about Entrepreneurship in India publicly or anonymously.

Rajnish SharmaTop Contributor
Content Creator || Android App Developer

Proverbially, India is known as “Land of Villages”. Near about 67% of India’s population live in villages. The occupation of villagers is agriculture. Agriculture is the dominant sector of our economy & contributes in various ways such as:

  • National Economy: In 1990 – 91, agriculture contributed 31.6% of the National Income of India, while manufacturing sector contributed 17.6%. It is substantial than other countries for example in 1982 it was 34.9% in India against 2% in UK, 3% in USA, 4 % in the Canada. It indicated that the more the more the advanced stage of development the smaller is the share of agriculture in National Income.
  • Total Employment: Around 65% population is working & depends on agriculture and allied activities. Nearly 70% of the rural population earns its livelihood from agriculture and other occupation allied to agriculture. In cities also, a considerable part of labor force is engaged in jobs depending on processing & marketing of agricultural products.
  • Industrial Inputs: Most of the industries depend on the raw material produced by agriculture, so agriculture is the principal source of raw material to the industries. The industries like cotton textile, jute, paper, sugar depends totally on agriculture for the supply of raw material. The small scale and cottage industries like handloom and power loon, ginning and pressing, oil crushing, rice husking, sericulture fruit processing, etc are also mainly agro based industries.
  • Food Supply: During this year targeted food production was 198 million tons & which is to be increased 225... (More)
Devashish Shrivastava Top Contributor
Undergraduate student | Content Writer

Starting a new business isn’t simple. It is a dreadful road. Most of the entrepreneurs admit that they had to sacrifice their family life to make it big in the world of business and it’s true because normally since setting up a business, taking care of it requires considerable amount of time. Initial time period in any business is always difficult and sometimes it affects the person mentally. Here comes the role of family as two things from this situation can happen, if the family is supportive and they won’t leave you when you are down an you will work more harder for them and will come back stronger. But if the family is not supportive and not showing faith in them, they might fall apart and everything just might get worse and worse with time.

Why do you think the role of family in an entrepreneur's life is important ?

Some entrepreneurs do learn to bring in a balance after achieving reasonable stability in their businesses. In spite of the fact that family life and business life are distinctly different from each other there is a component of shared characteristic between the two; both need a decent measure of enthusiastic speculation. Quality time means nothing but the period when we are involved at some emotion level. Thus, family life invariably demands emotional participation. At the same time, most entrepreneurs will also agree that that they are incredibly passionate about their work. Hence, the role of family is really important in entrepreneur’s life.

Kavii SuriTop Contributor
GEEK | Content Writing Intern | Pursuing CS | Exploring ML and Data Science

Entrepreneurship in India is growing day by day, there is a wide scope when it comes to startups and business ideas.

Till now, the society has been structured to generate employees... Which was a good thing when we were under British rule but now, we need job probducers, we need problem solvers, we need entrepreneurs. 

According to an episode on the vice ...

https://youtu.be/YHVNWtBuDVk

There are certain call center service providers who are only focusing on the businesses in india that need their services and are immensely successfull. This may not sound that big, but it is... It implies that we have so many flourishing startups and businesses that a company can be successful just by meeting their requirements.

There was a time when most of India acted as an employee to the outside world but now, due to the immense population and the skill set gained, we may soon be able to turn the game up side down...

India has always been a land of the street smarts or jugaadu's and this is one of the skills that contributes to the growth of startup culture.

Many colleges now have startup incubators and e cells which provide opportunities to the ones who come up with ideas.

Government is also releasing new schemes regularly to help startups grow. You can learn more here .183