New Delhi, April 28 -- 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 a 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 taking to entrepreneurship and start-ups."

The Governor stated this during his speech at the US-India Economic Forum, organised by the Confederation of Indian Industry (CII) and the US-India Strategic Partnership For...