This study examines gender differences of textile entrepreneurs in India perceive and manage risk . India's textile sector is vital to developing economies, yet women entrepreneurs, despite their growing numbers, face persistent gender-based disparities in market access, profitability, and overall success. This research compares female-led businesses (FLBs) and male-led businesses (MLBs) to determine if gender influences entrepreneurial risk behavior. Using the Entrepreneurial Risk Assessment Scale (ERAS), data were collected from textile industry SMEs. The findings show minimal gender differences in factors like initial investment and market entry barriers. While individual variations exist, no significant patterns suggest FLBs are riskier or more prone to failure than MLBs. This suggests gender isn't a primary factor influencing risk perception or business performance in this context.