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Startup India Case Study

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Start Ups and Its Opportunities in India With the launch of Prime Minister's ambitious Start-Up India mission on 16th January at Vigyan Bhavan auditorium in New Delhi, it seems that India is progressive in its way to become the next big startup nation. Never before in the history of India have so many influential forces congregated to promote businesses and enable them to emerge globally. Over the past few years, the Indian startup ecosystem has witnessed an immense growth within the country despite of several roadblocks due to the adoption of play-to-win approach by the young and enthusiastic entrepreneurs. However, the direct involvement of government in empowering startups will certainly have the positive impact on both the ecosystem and …show more content…

By 2020, it is supposed that the nation will be experiencing a “demographic bonus” period, where the working age population would surpass that of the overall population. This unique demographic advantage will offer a great opportunity to any firm or organization trying to become successful and create a dominant position in the Indian market. And it therefore comes as no surprise when Facebook with its Internet.org initiative that aims to bring Indians onboard and Google ramps up its efforts in India to connect with next 1 billion users through its ballon internet project. Entrepreneurs in India have identified the nascent and unorganized stage of infrastructure in country and hence are trying to digitize or organize various …show more content…

There are numerous government and semi-governmental funds, and initiatives to help startups. By launching several plans, Indian government has assisted the start-up firms a lot to perform and sustain both in domestic and global market. Start-Up India Initiative: Launched by the honorable Prime Minister of India, Mr. Narendra Modi, Start-Up India initiative is a great relief for start-up firms that will give them a final break from the conventional Licence Raj of India. The program includes three-year tax and compliance breaks intended for cutting arduous government regulations and red tape. Make in India Initiative: “Make in India” has not only encouraged the manufacturer but also the Indian buyer to trust and invest in the in the domestic brands. MUDRA Yojna: Many small entrepreneurs find difficulty in getting loan or finance to start or run their businesses. Through this scheme, they will easily get loans from the banks to set up, grow and stabilize their businesses. Generally, while applying for loans, these small firms are asked for large collaterals by the banks, which made their business

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