1. Complete your basic engineering degree.
  2. Next, take your GRE and go for a postgraduation to the US. It will give you cross-cultural exposure, and a different set of ideas.
  3. Getting a sound start-up idea is indefinite, and the chance to get one will improve with experience and exposure.
  4. It may be a good idea to also work for a couple of years after postgraduation in the US, preferably in California, where a lot of these entrepreneurial ideas get incubated.
  5. Think of an MBA only after at least two years of work experience. India or the US, wherever you intend to launch a start-up.
  6. If you get the spark of an idea during, you should complete whatever you're pursuing then, and dive deeper into your start-up plan.
  7. Then, jump right into it.