The recent Budget 2014 allocated over $1.6 billion to develop a better startup ecosystem in the country, much to the joy of all entrepreneurs & startups.
However according to a recent report by Aspiring Minds, newly minted engineers are hardly interested in working for early stage companies
The report is based on a sample of more than 120,000 students who graduated in 2013 from more than 500 engineering colleges across India.
Only a measly 6% of the students want to work for startups. On the other hand more than 60% wanted to work for large, established brands.
Of the surveyed women seemed even keener on joining bigger brands and were less likely than men to be interested in SME’s and startups.