Entrepreneurship in India

[Expensivejoy01]

In the later 1950's and 1960's the entire economy of India changed from an agro based economy to ah industrialised economy. After which the upcoming entrepreneurs were supported by the Government of India and this led to the springing up of small bussiness in the late 1960's and 1970's

In 1980, India was able to liberalise imports and began with (SME) small and medium scale enterprises. However, in the 1990. Economic reforms were introduced as disillusion for the budding Indian entrepreneurs. Presently, India is fully involved in the global entrepreneurship activities.

 

[kit_hung]

India changed drastically from agriculture to industry in the 50s and 60s. The government started supporting entrepreneurs and small businesses started popping up everywhere. This opened the way for young people to try their ideas without fear.

In the 80s they opened up imports and SMEs started taking over. But the 1990 reforms left many a little confused. Now India is at the very heart of the world's entrepreneurship. They have grown tremendously and are inspiring other countries too.