Challenges of entrepreneurship development in Odisha: An environmental scenario analysis

India is rich in natural resources and has a vast geographical expanse. There is a tremendous scope for developing its economy, and entrepreneurial development plays a key role in this direction. The industrial development, regional growth and employment generation in India can be achieved through establishing a large number of new and innovative entrepreneurial ventures. Hence, the concept of building entrepreneurship is the need of the hour. The present study is an attempt for understanding the overall environmental scenario in Odisha and to identify the scope and challenges to entrepreneurial development in three major sectors – the infrastructure, service, mining and manufacturing – which contribute significantly to the Gross State Domestic Product (GSDP) of the state. The research is further broadened to understand the set-up of medium, small and micro enterprises (MSMEs) in Odisha and depict the policies designed by the government which would boost the MSME sector in the state. This research is based on various secondary data collected from government reports and academic literature.