The survey offers valuable insights into the evolving entrepreneurial landscape, particularly in India, where small business owners are demonstrating remarkable resilience and adaptability in the face of a rapidly changing business environment.
According to the survey, the majority of entrepreneurs in India belong to the millennial generation, making up 48 percent of respondents, followed by GenZ 25 percent, GenX 24 percent, and 'Baby Boomers' 5 percent.
This diverse mix reflects the broad appeal of entrepreneurship across different age groups.
Education levels among entrepreneurs vary as well, with 27 percent having completed university, and 33 percent holding graduate degrees.
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