I have been asked to speak at the University of Bath on the topic of entrepreneurship in India. as part of the research (helpfully conducted by UK-India Business council) we found a recent update on the venture capital scene in India. It is strongly based on knowledge based industries and from "no-where" it is rising at great speed. I will leave it to you to click your way through the detail.
Meanwhile - this evidence points to the notion of entrepreneurship become much more of a social movement and is getting past the stage of being a politician's after dinner speech. More people want to start the sort of companies they work for - especially in India. The growth of inspirational role modes shows that technical education can lead to a propserous life style where one can "do well by doing good".