Entrepreneurship Is a Life Skill, States TiE Report

Decoding the report: Entrepreneurship is a life skill 

TIE’s latest report emphasises the need to treat entrepreneurship as a life skill—something every individual should learn and adapt to. To make this a reality, the report lays out an ambitious goal: by 2035, 75% of secondary schools and 80% of higher education institutions in India should offer entrepreneurship-focused education.

The idea is to prepare students early on with the mindset and tools needed to innovate, create, and lead.

There is a nationwide shift that is occurring: the report clearly states that entrepreneurship is not a “metro-based” phenomenon anymore. It is something that is deeply rooted within the masses of India that live in tier-2/tier-3 cities. 

TIE predicts that more than 50% of India’s future startups will come from non-metro areas, and calls for a broader national movement, transitioning from ‘Startup India’ to ‘Entrepreneurial Bharat’.

Targets to be achieved 

Several bold targets have been set for 2035.

The report envisions startups contributing 15% to India’s GDP, creating 50 million new jobs, and generating 100+ global IPOs.

It also aims to engage one million students every year through entrepreneurship education and hands-on startup exposure.

These goals reflect a vision of India where innovation becomes a core part of the country’s growth engine.

The existing problems

However, the report doesn’t shy away from acknowledging current barriers.

It points out that fragmented policies across states, a lack of early-stage funding, and poor support for failed entrepreneurs are holding India’s startup potential back.

These issues need to be addressed with strong policy reforms and unified efforts from both state and central governments.

Inclusivity: Women founders and Rural upliftment 

Inclusivity is another key pillar of the report’s vision. It sets specific goals to ensure broader participation in the startup ecosystem, including 40% representation of women founders and a significant push to increase rural involvement. The aim is to create a truly diverse and widespread entrepreneurial movement that reflects the full potential of India.

In essence, TIE’s report envisions a future where entrepreneurship is widespread, inclusive, and deeply rooted across India. Achieving this will require unified efforts to fix systemic gaps and support every aspiring entrepreneur.