Technology-Based Entrepreneurship and Proactive Initiatives in India

Abstract

Technological innovations have created entrepreneurial opportunities worldwide and India with its growing tech ecosystem is riding this wave. In the recent years technology-fueled Indian startup ecosystem has grown enormously. Disruptive technologies like artificial intelligence, blockchain, internet of things, machine learning etc. also disrupted conventional industries creating new entrepreneurial undertakings across all industries. Similarly, the democratization of tech has opened doors for diverse entrepreneurs to use cutting-edge tools and platforms to realize their ideas. Smartphones and cheap internet access have created these entrepreneurial opportunities & opened businesses to a larger consumer base. In addition, government initiatives like Startup India and conducive policies have provided support for innovation and entrepreneurship through funding, mentorship and regulation. Stakeholders can push technological advancements and create growth of entrepreneurship in India through synergy and knowledge exchange