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43% of Indian Students Aspire to Start a Business, 22% Have Already Started One: IIT Mandi Survey
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What Happened?
A survey by IIT Mandi reveals that 22% of Indian college students have launched a business, with 43% aspiring to do so. The study involved over 25,000 students across 34 states.
Key points
- 22% of Indian college students have started a business, close to the global average of 23%.
- 43% of students aspire to start a business, matching the global average.
- The survey included 25,783 students from over 1,200 institutions across 34 states.
- The share of students wanting to start a business immediately after college increased from 14% in 2023 to 16.2% in 2025.
- 41% of student founders have closed a previous business and started again.
- IT, AI, and digital sectors are popular among student entrepreneurs.
Key insights
- The increase in entrepreneurial aspirations may lead to more startups in India.
- Students with entrepreneurial role models are three times more likely to start a business.
- The shift away from traditional job preferences indicates changing career aspirations among youth.
Why it matters
The findings highlight a growing entrepreneurial spirit among Indian students, which could influence the country's economic landscape.
Source
Times Now
