Page 2 - Indian Entrepreneurs

83% of Indian workforce prefer to quit jobs, become an entrepreneur: Survey

Entrepreneurial ambition among the workforce is highest in India, with 56 per cent of respondents in a survey indicating that they are considering leaving current jobs to start their own business. According to the Randstad Workmonitor survey, 83 per cent of the Indian workforce would like to be an entrepreneur, higher than the global average of 53 per cent. "A stable business environment, market oriented reforms like raising of FDI caps, implementation of GST, and key initiatives like Make in India and Digital India are fostering a new aspiring and ambitious Indian," Randstad India MD & CEO Paul Dupuis said. He further said a robust SME ecosystem driven by aspiring entrepreneurs has historically seen higher growth for the formal sector, and has a knock-off effect on the evolution of other companies in the ecosystem. The workforce in the age group of 45-54 years (37 per cent) are hesitant to start their own business as compared to the workforce in the age group of 25-34 years ..