As per a study conducted by TiE-KPMG (along with ACNielsen), Kerala,Uttar Pradesh, Maharashtra and Tamil Nadu lead the entrepreneurial pack with scores higher than the national average (in terms of entrepreneurs confidence index), while Andhra Pradesh(AP),Delhi, West Bengal (WB),Rajasthan, Karnataka andker Gujarat have been rated below the national average.
Few interesting findings:
Kerala’s growth is primarily attributed to the boom in services sector as well as overseas remittances.
Entrepreneurs in the manufacturing sector appear to be more confident of the availability and support from their ecosystem, as compared to entrepreneurs in the services sector.
Entrepreneurs wishlist:
- Infrastructure
- Manpower Issues
- Finance
- Local Environment & Ecosystem
- Governance Issues
- Regulatory Issues
Download the report.
Do you really agree with this report? I guess entrepreneurs in Gujarat and Punjab are lot more enterprising than anywhere else.
Please correct the link for the PDF.
On the feed, related articles always containing the original article as well. However, on the website this problem is not present.
Thanks,
Raja
Thanks Raja for pointing that out. Have corrected the link.
I think instead of Delhi if you take NCR then NCR will be above the national average, Noida/Ghazaiabd has a lot of startups due to cheaper rentals, large skills pool etc.
In Kerala, the Technopark is doing a great job. Now a project is under planning to establish entrepreneurship development cells in every engineering college in the state.
BTW – “Kerala” is the correct spelling.
I believe this report was released way back in last week of January 2008.I think many of us have perceived this report in a wrong way. KPMG collected the perception of different entrepreneurs across India.
The score is based on what entrepreneurs in respective states think about the entrepreneurial ecosystem.
According to the report, the entrepreneurs from Delhi, Punjab and Gujarat had more expectations (for Infrastructure, Manpower etc) as it is more matured ecosystem. Entrepreneur in those states had more expectations which was not met hence they have low index. On the other hand entrepreneurs in Kerala (evolving ecosystem) had lower expectations, and most of them were met.