Breaking Barriers: The Role of Women Entrepreneurs in India

Abstract

Entrepreneurs play a vital role in every economy. They are individuals who have the necessary expertise and motivation to introduce unique concepts or provide services to the market, making strategic decisions to transform their ideas into profitable ventures. Educated Indian women have a long way to go to achieve equal rights and status, as traditions are firmly entrenched in Indian society, where social and psychological elements have established a male dominated structure. Despite many social barriers, Indian women have distinguished themselves and gained recognition for their achievements in various fields. The evolution of social structures within Indian society, characterized by women's diverse aspirations for higher education and better living conditions, has brought about a revolution in the lifestyle of every Indian woman. She has competed with men and effectively matched them in every aspect of life, including business. These women leaders are assertive, persuasive, and inclined to accept risks. They have successfully won this fierce competition through their hard work, dedication and perseverance. The aim of this study is to focus on the importance of women entrepreneurship and its significant role in global development in various fields, economic and others. We conduct a comprehensive literature review on the topic of women entrepreneurs. We conclude by identifying the significant challenges faced by Indian women entrepreneurs, the factors influencing their entrepreneurial endeavors, and the perspectives of different social segments towards these endeavors.