Entrepreneurship Development in India: Opportunities and Challenges

India is one of the largest homes of start-ups in the world and has been highly successful in bringing significant amounts of foreign direct investment. The present extent of small industry and service sector development or shifting of an economy towards small-scale industry development and service sector development from agriculture specific production is the impact of globalization. The globalization opens the way to transfer of idea, technology and innovation and look into wider context of entrepreneurship. Due to lack of entrepreneurial knowledge, entrepreneurs are facing the problems of vision development of the enterprise. It is the root cause of failure of 70 percent new small startup enterprise in India. The small entrepreneurs are now facing difficulties because of hunting marketing strategies of big player in the market. In this paper, researchers are trying to present the major challenges and burning opportunities of entrepreneurship development in India.