Children of Liberalisation: What Budget 2021 Means for a Young Entrepreneur in India 'Children of Liberalisation' is a N...
Liberalization and reforms have bred successful entrepreneurs in India and the First Generation Companies have made quite an impact in the Indian Economy. The First Generation Companies have made an impression in almost all the sectors of the economy i.e. IT, Infrastructure, Automobile, Real Estate, Power Transmission, Agribusiness, Ed-Tech, Retail, fashion etc. Under the leadership of our Prime Minster Shri Narendra Modi, many initiatives have been taken to empower startup growth like Start-up India, which will boost entrepreneurship, economic growth and employment growth across India. I believe this is the golden era of India’s entrepreneurial journey, as start-ups with disruptive potential are scaling up rapidly. Post-liberalisation, India’s entrepreneurial ecosystem has been steadily evolving. As the economy witnessed a huge structural shift from the capital-intensive manufacturing sector to asset-light services, a clutch of educated, experienced corporate executives with little financial cushion and business legacy took the entrepreneurial plunge. It is a different world now. Hundreds of educated, young and seasoned executives, many fresh out of college, are looking away from a corporate career to turn entrepreneur.
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