Entrepreneurs should be acclimating and take on themselves to upturns and downturns in market. Entrepreneurs must be opportunists. Entrepreneurship has a key role in economic development and brings remarkable changes in the economy of a nation. The aim of this paper is to show the literature review of the significant articles in the reference of entrepreneurial education and which are published between 2015 to 2020. A scan of literature review reveals some challenges and opportunities an entrepreneur face. Entrepreneurs find out the possibilities of realizing the ventures, collect and merge the needed resources, a needed plan and do things according to time and in a flexible manner. In this study, an effort has been made to study those elements that affect development of entrepreneurship in the wake of changing the business structure in Indian perspective.