International Journal For Multidisciplinary Research

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A Study on Opportunities and Challenges of Startups in India

Author(s) Dr. Sanjay Arora
Country India
Abstract India is the world's second-most populous country, home to billions of people .In order to accommodate this enormous population, massive job marketplaces have been boosted. These days, people's views have shifted to the point where they are hesitant to take risks in life, which prevents them from working for companies that are developing novel ideas.

Many creative young people chose to pursue entrepreneurship as their career path rather than joining government agencies or multinational corporations. The jobbers had the opportunity to raise their own and their families' standards of living, but entrepreneurs will raise both the family and national economies. With the introduction of the ambitious "startup India and standup India" program on January 16 at the Vignan Bhavan auditorium in New Delhi, Prime Minister Narendra Modi seemed to be moving the country closer to becoming the next great start-up nation. The goal of this was to accelerate and transform India's startup revolution.
This study looks at the environment for new businesses in India, emphasizing the potential and difficulties these businesses face. India's growing economy and friendly policies have made the country an ideal place for entrepreneurs to innovate and expand. But getting money, negotiating regulatory obstacles, and competing in a changing industry are tough. The success and sustainability of startups in India are examined in this paper using empirical analysis and case studies. In order to promote a healthy startup environment, legislators, investors, and entrepreneurs must all have a thorough understanding of these dynamics.
Keywords Startups, Innovation, Entrepreneurs, Economy, Youth
Field Business Administration
Published In Volume 6, Issue 4, July-August 2024
Published On 2024-08-19
Cite This A Study on Opportunities and Challenges of Startups in India - Dr. Sanjay Arora - IJFMR Volume 6, Issue 4, July-August 2024. DOI 10.36948/ijfmr.2024.v06i04.26185
DOI https://doi.org/10.36948/ijfmr.2024.v06i04.26185
Short DOI https://doi.org/gt7m5w
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