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Gujarat is preferred investment destination for entrepreneurs: KPMG study

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Gujarat has emerged as the most preferred destination for entrepreneurs nationwide, according to a perception survey 'Entrepreneurial India' done jointly by consultancy firm KPMG and The Indus Entrepreneurs (TiE). The study reveals that the Indian entrepreneurial community is optimistic about the con-duciveness for commencement and growth of their ventures in the country, even as markets are evolving and adjusting to new realities. "Indian entrepreneurs are confident about their ecosystem. On a scale of 5, where 1 reflected an extreme poor state; 3 an average one and 5 an excellent state, entrepreneurs have scored India at 3.31," the study said. Over 1,000 entrepreneurs across 15 States were surveyed to gauge their perception of the ecosystem in respective States. For the purpose of the study, the ecosystem was evaluated on parameters such as Infrastructure; Finance; Manpower; Local environment ecosystem; Regulation and Governance.

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