A Study On India’s Startup Surge: How To Motivate Youth Towards Entrepreneurship By Examininggrowth Drivers In Avibrant Economy

Abstract

The Indian start-up ecosystem has recently taken off due to factors such as large finance, consolidation, new technology, and a growing local market. "Over the last three years, more than $26 billion has been invested in Indian companies, making it the third-largest start-up ecosystem, with 26 "unicorns"—start-ups valued at more than $1 billion". It is a paradigm shift. This paper try to explore the dynamic contribution of start-ups for the growth of Indian economy, emphasizing their impact on job creation by attracting youth towards entrepreneurship. By analyzing the current trend and data, the study highlights how the startups not only provideemployment opportunities but also create a culture of entrepreneurism among youth through the startup ecosystem and various supports of government.

The mission of Start-up India is to remove the boundaries of conventional thinking and inspire our new innovative generation to come up with innovative business concepts. It is a sign of things to come for India's rise to prominence in the new global order. The study aims to examine the fastest growing startup ecosystem of India and how it is helping our youth to think differently from job seekers to job providers.