Rising Entrepreneurial Spirit Among Indian University Students: A Growing Trend
"Study Reveals 14% of Indian Graduates Aspire to Launch Startups, Reflecting a Surge in Youth Entrepreneurship"

Students in Indian universities are increasingly stepping forward to launch their own startups. A study conducted by IIT Mandi and Guess Global Research reveals that 14% of Indian students aspire to become entrepreneurs right after completing their graduation. This figure is close to the global average of 15.7%, indicating that the younger generation in India is showing significant interest in starting their own businesses and is willing to take risks to do so. The study surveyed the opinions of 13,896 students from universities across India, with 14% expressing a desire to innovate in various fields and create employment opportunities for others.
The central government has also introduced several schemes to support startups, and students are benefiting from these initiatives. Dr. Puran Singh, an Associate Professor at the School of Management at IIT Mandi and the Country Delegate for Guess India, who led the study, stated that India is already the world’s third-largest startup ecosystem. With the world’s largest youth population, Indian students are now making their mark in both domestic and international companies, and the startup ecosystem in India is reaching new heights.
The report highlights that 31.4% of students are involved in family businesses, helping to expand their operations, which is significantly higher than the global average of 25.7%. Entrepreneurship is gaining momentum in Indian universities, with new initiatives being implemented to support students. An entrepreneur is defined as someone who starts a new business venture.
According to the report, around 69% of students seek employment after graduation. However, within five years, this figure drops to 52.2%, as 31% of students attempt to become entrepreneurs during this period. While only 14% of students plan to start their own business during their studies, the number grows significantly after graduation, showing that a large portion of students are increasingly inclined to pursue entrepreneurial ventures.