Today more and more women are coming forward to participate in various economic activities. Undoubtedly, women’s entrepreneurship is of utmost importance to initiate the process of economic development in any country. There is no field as such in which women cannot work. Women constitute about 50 percent of the total population and their contribution is vital to participate in nation-building.
In this era of digitalization, globalization, and start-up booms, India has bright prospects in women’s entrepreneurship. Women Entrepreneurs not only come from all walks of life but also all parts of the country. In a few decades, the role of women has changed and is progressing towards much-needed improvement. Women can bring innovative solutions to the challenges and make sound decision making in this present industry 4.0. Women entrepreneurs have created many new jobs not only for themselves but also for others by offering innovative solutions.
In some of the businesses, women entrepreneurs are performing excellently and exceeded market expectations. Women are not only successful in medicine, aeronautics, law, science, space exploration, military, and police services but also much success in business and industry. Women entrepreneurs possess some characteristics which help them to implement their creative and new ideas in their day-to-day business operations.
Women give much importance to communicational, networking, and organizational skills in their journey of Entrepreneurship. Furthermore, they are good at maintaining a work balance in life. An ideal woman entrepreneur can create a livelihood for at least 10 more women. In the last few decades Indian women are becoming more and more economically independent.