Challenges faced by Entrepreneurs in India and the need for the same to remove these problems.

1. Entrepreneurship &
Challenges in
Emerging India
Rishi Sachan
MBA- Energy & Environment
PRN No. : 14020243027

2. Employee & Entrepreneur
The capacity and willingness toDevelop,
Organize and
Manage a business
venture along with any of its risks in order to make a profit. The most obvious
example of entrepreneurship is the starting of new businesses.

3. Characteristics of an
Entrepreneur
OPPORTUNIST
VISIONARY
LEADER
HARDWORKER
INNOVATOR

4. Challenges Globalization
Liberalization
Modern
Technology
Finance
Social
Challenges
Production
A smooth sea never made a skill full sailor
Risks to Indian Business Growth
Political Risks Terrorism
Economic Reforms

5. Negative effects of Globalization
• Loss of Cultural Traits – Americanization of many places
• Damage to environment in countries with weaker laws.
• MNC’s cause local businesses to fail.
Reasons for Lack of Innovation
• Resistance to Change
• Leaders defensive to new ideas that challenge status quo
• No new ideas, new problems or learning opportunities
Reasons for Lack of Efficient Marketing
• Marketing is a big challenge for Indian entrepreneur
• Inexperienced and ineffective team
• Inadequate market research
• Ignoring the customers

6. Corruption
A spiraling problem
Corruption name exist
from not today but it is an
evil which is en-rooted
from past. Today it has
taken the ferocious shape
engulfing all levels of
people from lower level to
higher level. Corruption
can be defined as
anything which is
benefiting you by illegal
means whether that is
bribery, saying lies,
ditching others etc

7. After Mumbai
terrorist attack
Overseas investors
have pulled out a
record $13.5 Billions
from Indian Stocks in
2008 as of November
25 causing Benchmark
BSE sensitive Index, to
slump 56%
Terrorism
The Threat
• Common sense dictates that the loss of foreign
investor confidence following acts of terrorism
would prompt large outflows of capital in
affected countries, and that once a country is
branded a terrorist target, it would attract
reduced levels of FDI. However, foreign
investor sentiment is not always dictated by
common sense. The lure of profit and desire to
establish trade partnerships is often a stronger
motivational force than the risk of terrorism
• But coming to ground reality an investor always
wants to minimize the risk to his business. So
terrorism will also play a minor role in choosing
the destination for his business.

8. Corruption Index

9. India ranks
4th
In the world in
terrorist attacks

10. Economic Reforms , 1991
The process of economic reforms was started by the government of India in
1991 for save the country from the economic difficulty and to speed up the
development of the country.
Liberalization
Privatization
Globalization
The centers of
Economic
reforms are
Economic
Reforms
Fiscal Reforms
Infrastructural
Reforms
Structural
Reforms

11. The economic reforms initiated after the mid-1980s helped India to break
through the earlier growth rate and experienced high growth in 1990s.
However India’s joy of growth not lasted for long time.
Failures of Economic Reforms
• Lack of access to foreign capital markets
• High average tariff rate
• Stringent hiring and firing practices
• High government deficit
• Extensive distortive government subsidies
• Permits and time taken to start a firm
• Large-scale irregular payments in tax collection

12. Need of time

13. Than
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