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Young Indians Choose Startups Over MNC Jobs: RBI Chief
The Business Guardian
|April 29, 2025
Malhotra said that India now has the third-largest number of unicorns in the world, with several emerging from high-tech sectors like Artificial Intelligence, fintech, and renewable energy.
Reserve Bank of India (RBI) Governor Sanjay Malhotra said that the mindset of India's young generation has changed remarkably over the years, with many now preferring to become entrepreneurs rather than seeking jobs in multinational companies (MNCs).
Highlighting the shift, Malhotra said, "When I left college, getting a job in an MNC was the preferred choice. None took up the challenge of starting a venture of his own. In recent years, however, a large number of engineering and management graduates are turning to entrepreneurship and start-ups."
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