ABSTRACT
This chapter demonstrates an understanding of the changes undergoing in the Indian entrepreneurship landscape. India also suffers from a lack of basic infrastructures and services required for carrying out entrepreneurial activities. The story of India's entrepreneurial performance is incomplete without a reference to its offshoring sector. India has been a global capital of the offshore information technology (IT) and business process (BP) offshore outsourcing. A report from the Asian Development Bank (ADB) suggested that Indian economy has many characteristics of oligarchic capitalism and there is a possibility that this form of capitalism would further consolidate in the country, which can slow long-term development of the country. Clear property rights would allow entrepreneurs to use the assets as collateral and thus increase their access to capital. New organizational mechanisms such as incubators have helped startups to grow and bring innovative products and services into the market.
