As per a perception study done by KPMG and TiE, ‘”Entrepreneurial India”, the Indian entrepreneurial community is pretty optimistic about entrepreneurship in India. On a scale of 1 (lowest) – 5 (highest), entrepreneurs have rated India at a 3.31. At a state level, Andra Pradesh received the highest rating of 4.14.
The study comprised of a survey of about 1000 entrepreneurs to evaluate their perception of the ecosystem across various factors like finance, government issues, infrastructure, manpower issues etc. Finance, Infrastructure, followed by manpower emerged as the three most important factors for fostering entrepreneurship.
Incidentally, there’s another document out there, but I’m guessing its an earlier version of the same study.