Entrepreneurship on Rise

Feb 04, 2015

Thinking of starting your own Business? Your WAIT is over now. The conditions required for nurturing Startups have never been so favourable in India before.

Look at the Statistics for instance:

  • Sensex has gained 8.7%.
  • Foreign Institutional Investors (FII’s) have net pumped nearly Rs. 94000 crore into the Indian market.
  • India’s Gross Domestic Product (GDP) is the best in the last nine quarters.
  • Foreign Direct Investment (FDI) has gone up by 75% from $3.1 billion in June-July last year to $5.4 billion in June-July this year.

With the economic optimism moving the metrics in favour of India, this is a great time for invention. Perhaps the ‘BEST’ one could say. Compare today’s startup situation in India to the one five years before and you will notice the difference.

Startups are considered cool

‘Job Security’ taboo rolled on minds of Indians back then because there were very limited options to choose from. Starting with your own idea was considered too risky and daring, even frivolous at times. In contrast today, people are moving out of their comfort zones, taking risks and starting their own businesses. Venture Capitalists are eager

Investors are eagerly looking out for ideas with high potential. So, if you have a scalable startup idea now, there’s a high chance of being funded now than your predecessors.

Tools are readily and freely available

The tools required to build enterprise products are now freely available and if not free they are priced at so affordable rates that one doesn’t require huge capital to invest.

Path has been paved

Many Indian startups have taken their companies to International level. And without any doubt they are doing a favourable business there. The recent news of an Indian startup ‘Zomato’ acquiring an American company named ‘Urbanspoon’ has created a buzz everywhere in India and abroad. And this has also encouraged younger companies to expand with greater confidence.

The Scenario is changing and so are the people. Entrepreneurship is at an all time rise which was never before. So, in order to cater to the demands of budding entrepreneurs, our Business Centre Kasturi Plaza provides them with small office spaces which are ideal for startups. Also adding to it is its convenient location which has made it a prime choice for all Businessmen in Jodhpur.

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