If you have the entrepreneurial bugs biting you, there couldn't be a better time for you to start your own venture than the present time. The plethora of policies and campaigns designed by the government are no less than an icing on top of your entrepreneurial pie!
There has been a significant manufacturing push in the Indian industry which has been derived under the vision of the Make In India campaign of the government. There couldn't be a time more ideal than right now to start a business of your own. The whole campaign is driven to make India a self-sufficient country which could be rightly called a manufacturing giant. Under the implementation of this miraculous scheme, larger number of small industries and individual ventures have been given a chance to do well. The government has taken a number of initiatives to boost the growth of start-ups in India. The FICCI's role has significantly increased in nurturing the future of an entrepreneurial venture. It is a clear indication of better business opportunities, greater inflow of investments, growth of the indigenous and domestic market. Eventually, it will be these industries and start-ups which will determine the economic growth of India in the forthcoming years.
The whole start-up ecosystem requires support from the government which is something to worry little about under the Make In India campaign. In fact the government has formulated a number of policies that would assist young minds to take up business ventures singlehandedly. A good idea and a hard-working team make the best combination for a successful entrepreneurial venture. Budding entrepreneurs need investments, something for the lack of which a business might suffer greatly. New technologies and the helpful government policies make it possible for your entrepreneurs to bag investments for their start-ups.
These days investors are more open-minded towards the business policies and are quite sporting towards the risks of starting entrepreneurial undertakings. The problem of raising a capital for your idea is no longer the 'very hard nut' to crack as it used to be. Nonetheless, your idea needs to be convincing enough to get backed by a monetary body.
After having set up the idea, the next big thing that matters is a proper supply chain and orderly logistics management. Under the Make In India campaign, it has become easier for young entrepreneurs to get access to materials such as raw materials, delivery services and many more essential elements of a start-up. Getting these elements right is essential as they form the backbone of a business. The government is making efforts to provide easily available services to your entrepreneurs at cheaper rates so that they could plan out their ideas well.
The Indian start-up setting is currently riding the peak of success. It is significantly backed by factors such as: ample funding, mergers and acquisitions, budding technology, growing domestic market and increasing ties with the international market. It would be greatly rewarding to take up a road moving towards a start-up in India.