Entrepreneurship Revolution in Tier 2 & 3 Cities in India
The country is witnessing an exemplary situation of people quitting an urbane life to build deep tech ventures in artificial intelligence, internet of things etc. across various verticals at the grass-root level
- Today India’s economy is witnessing a paradigm shift in all its performing frugality.
- Prominently, ten Indian states, account for more than 75per cent of India’s aggregate GDP including Rajasthan, Madhya Pradesh, and Uttar Pradesh, and tier II cities such as Surat, Jaipur, Indore, and Patna have shown an economic growth rate of more than 40per cent.
- These SEZs are catering to urbane demography, consumer tech solutions, product discover, online delivered, ride sharing and more thereby driving the growth of startups in these cities leading to the exponential growth of entrepreneurship.
- to nourishing ideas and innovations in the startup ecosystem are some of the noteworthy initiatives by the government which intends to foster and revolutionise the entrepreneurship growth in Tier-2 & Tier-3 cities of India.