Survey is part of global research project involving a comprehensive survey on student entrepreneurs in 57 countries worldwide.

Major Trends Highlighted by Report

• Nascent Entrepreneurship: According to survey, As many as 33% of college students in India are already nascent entrepreneurs, which is higher than global average of 26%.
• Entrepreneurship as an emerging career choice: 14% students in India intend to become entrepreneurs after graduating. 
• Entrepreneurship intent: Indian students show highest entrepreneurial intent globally.

Factors propelling Entrepreneurship among Students

• Favorable Macroeconomic Environment: India ranks 39th (out of 133)  in Global Innovation Index 
• Thriving Startup Ecosystem: India has 110+ unicorns (startups valued at over $1 billion), third-largest after USA and China.
• Educational Ecosystem (Offering diverse and specialized courses) & Supportive Government Initiatives (refer to box)

Existing Challenges

• Low Active Entrepreneurs: Due to lower transition of nascent ventures to active businesses. 
• Limited reach and accessibility: Regarding Entrepreneurship education and incubation programs. 
• Others: Mismatch between support Programmes and requirements of student ventures etc.

Way Forward

• Encouraging Entrepreneurship during education through compulsory courses in universities, etc.
• Further expansion of the incubation network to provide mentorship, funding, etc.