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VOL. 7, ISSUE 3 (2025)
Startups India- Issues and challenges
Authors
Dr. Mallesham Vanga
Abstract
The Government of India's flagship project,
Startup India, aims to foster startup culture and create a strong, welcoming
environment for entrepreneurship and innovation in India. The Startup India
project was announced by him. The Honorable Prime Minister of India, Narender
Modi, on August 15, 2015. The Indian government demonstrated greater faith in
the nation's young, gifted citizens and created a new avenue for them to get
ready to begin their initiatives rather than wait for employment. Innovations and
new startups are crucial for bringing in foreign capital, making money, and
establishing employment. India's startups encounter numerous obstacles. Since
they introduce new goods, services, and technology to the market, startups are
regarded as engines of innovation and economic growth. New businesses still
have a lot of obstacles to overcome in order to thrive. They also have an
impact on certain well-established companies. Young professionals are given the
chance to take advantage of the market by creating a good or service that they
think people want. Since the startup plan is still in its infancy, it will face
numerous obstacles in its establishment. Financing, inadequate planning, hiring
the right staff, the regulatory environment, and poor risk management are the
main challenges.
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Pages:60-62
How to cite this article:
Dr. Mallesham Vanga "Startups India- Issues and challenges". International Journal of Management and Commerce, Vol 7, Issue 3, 2025, Pages 60-62
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