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O u t o f t h e 5 2
economies surveyed,
India stands 4th on
the parameter of
ro b u st Nat io n a l
Entrepreneurship
Ecosystem.
EDII REPORTS 125
'An Upward Progression in the Overall Entrepreneurial

Environment' – Reveals Global Entrepreneurship Monitor:

India Report 2022-23

On January 9, 2024 on the occasion of celebrating the power of MSMEs amidst a
galaxy of noted guests at the International Conference on 'Infusing Technology in the
MSME Sector, EDII launched the 10th Global Entrepreneurship Monitor (GEM) India
2022-23 report. EDII leads the Indian chapter of GEM which is largest study of
entrepreneurial dynamics. Dr. Sunil Shukla, Director General, EDII, spearheads the
Indian team of the GEM report. The 2022-23 report reflected insightful perspectives
on the country's entrepreneurial landscape. The report casts a spotlight on the
critical facets of entrepreneurial dynamics among Indians, exploring attitudes,
activities and aspirations.

Along with key research insights, the report also provides some crucial policy
suggestions that would sustain and promote the entrepreneurial ecosystem in the
country. The suggestions include entrepreneurship education at school and college
levels, stronger support from the government, research and policy advocacy in the
field of entrepreneurship, and the creation of a pool of business mentors.

GEM Global Report was
l a u n c h e d a t H a s s a n I I
University of Casablanca,
Morocco on February 13, 2024
Major Findings:
• Over the period 2021-2023,
India has transformed its
entrepreneurial education
landscape, from 'less than
satisfactory' to 'much better
than satisfactory'.
• India ranks second globally,
a f f i r m i n g i t s v i b r a n t
ecosystem for innovation and
business growth.
• India is second after UAE in The Global Entrepreneurship Monitor (GEM) India 2022-23 report being
terms of social support to unveiled by (2nd from R) H.E. Mr. Chang Jae-Bok, Hon'ble Ambassador,
women entrepreneurs and Republic of South Korea in the presence of (3rd from R) Dr. Piruz
their access to the resources Khamba a, Chairman, Rasna & Chairman, CII Task Force, Ahmedabad;
necessary to start and run (2nd from L) Dr. Sunil Shukla, Director General, EDII and Author - GEM India
their business. 2022-23 & EDII Senior Faculty and Authors - GEM India 2022-23, (extreme
R) Dr. Amit Dwivedi and (extreme L) Dr. Pankaj Bhar .

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