The emergence of entrepreneurs in an economy depends upon opportunity and willingness to become an entrepreneur. There are various factors such as political, social, economic, cultural, psychological, technical, ethical, and even religious that influence the development of entrepreneurs in a country. They are essential for any market economy as they act as the wheels of the economic growth of the country. Unfortunately, in India, the younger generation prefers a job instead of becoming an entrepreneur due to various reasons. As such, teaching-learning of this subject becomes vital for college students.