Deciphering the Indian Start-up Landscape: A Spotlight on Chennai’s Ecosystem

Post-independence, India had been exceling in all the fields of science, engineering, arts, and business challengingly against the rough international competitive and political environment. India is compelled to keep up its economy strongly through its gross domestic product. It is also forced to take care of the measures to reduce its imports and increase its exports to create a favourable balance of payments. Exports can be increased only when the number of firms are increased, or a greater number of firms are supported or encouraged to start the venture. India has been over a decade trying to create an eco-system where it makes the environment more supportive, conducive, workable, easily approachable with simple procedure. This research paper would go through all the reviews available in the magazines, newspapers, research articles from peer reviewed journals, industry and domain specific publications and discussions from forums. Everyone is aware that start-ups do not grow in isolation, and they are always part of larger business eco-system. This research paper works on the facts that bring out the driving factors of Indian start-up ecosystem that should be understood in such a way that it studies economic reforms, market trends, technological change, attitudes of government officers, large companies, and the society in full frame. This research paper helps to come across various views observed from the earlier research that put forth the learnings about the Indian start-up ecosystem. The entire study has been contributed towards understanding the narrowing of Indian ecosystem to Chennai district in Tamilnadu.