3. Why….?
• Industrialisation
• Less industrial output results in poor exports
• increases the per capita income of the people
• Import substitution
• Wealth creation
• Balanced regional development
• Creates jobs
• Increases standard of living
4. Do you know…..?
45 – 50 % of the total
exports is shared by
the small scale (MSME)
Industriesin India.
6. Innovative (Active) young minds,
who Identifies Opportunities at right time,
Capable of taking risk and able to
synchronizes factors of
production, organises
and Accumulates
resources
Who can be an entrepreneur ….???
16. why entrepreneurs fail ?
• Lack of business idea
• Lack of seed capital
• Lack of Motivation
• Lack of technical know how
• Lack of Business Knowledge
• Society
• Legal constrains and regulations
17. Business Idea
• It should be innovative (based on creative thinking)
• Feasible
• Long lasting
• Flexible
• No complication
• Regular demand
• Easy production methodology
• Availability of raw materials
18. Sources of Business Idea
• Innovation
• Market demand
• Friends and relatives
• Knowledge, technical know how
• Promoters
• Trade fairs and exhibitions
19. DIC (District Industries Centre)
Economic Investigation
Training
Raw Materials
Credit facilities
Marketing
Identifies Potential Entrepreneurs
Arranges Finance
Incentives and Subsidies
Import and Export
Trade Fairs
How to get Assistance…?
1978
India – 422
TN – 31
1.5 Lakh units
10.3 Lakh people
20. • Crowd Funding
– Donation Based
– Reward Based
– Equity Based
• Angel Financing
• Venture Capital
– After seed funding
– Startup risks
– In exchange of Equity / Ownership
Other ways…….
22. Pradhan Mantri MUDRA Yojana
(PMMY)
Pradhan Mantri MUDRA Yojana (PMMY) is a
scheme launched by the Hon’ble Prime Minister on
April 8, 2015 for providing loans upto 10 lakh to the
non-corporate, non-farm small/micro enterprises.
Under the aegis of PMMY, MUDRA has created
three products namely 'Shishu', 'Kishore' and
'Tarun' to signify the stage of growth / development
and funding needs of the beneficiary micro unit /
entrepreneur and also provide a reference point for
the next phase of graduation / growth.
• Financial Year : 2018-2019
– No. of PMMY Loans Sanctioned : 18245677
– Amount Sanctioned : 96889.71 Crore
– Amount Disbursed : 91452.89 Crore
23.
24. MINISTRY OF MICRO, SMALL AND
MEDIUM ENTERPRISES
• Providing financial assistance on International
Cooperation
• Marketing Assistance Scheme
• Credit Guarantee Scheme
• Micro & Small Ent. Cluster Development
Programme
• Micro Finance Programme
• Raw Material Assistance Scheme
• Agricultural Marketing Divisions scheme
• Etc.
26. How to become an Entrepreneur?
• Personality development
• Be Innovative
• Seek for opportunities
• Arrange finance
• Good Communication
• Hard Worker
• Able to assemble resources
• Organise
• Flexible
27. what entrepreneur should do?
• Seek new markets
• Gain command over scarce resources
• Marketing of products and responding to
competition
• Managing finance
• Managing production
• Introducing new production techniques &
products
• Managing human relations within the firm
30. • Plan
– Vision and Mission
– Goals and objectives
– Innovation and Strategy
– Market Knowledge / trends
– Know about your Customer
– Research demand
– Selling
• Goal
32. How do we get assistance . . . . ?
• Feasible business Idea
• Formulation of project
• Preparation of project report
• Approval from DIC
• Financial assistance
• Technical support
• Execution of project
33. Food king
When 27-year old Sarathbabu
graduated from the Indian
Institute of Management,
Ahmedabad, he created quite
a stir by refusing a job that
offered him a huge salary. He
preferred to start his own
enterprise -- Foodking
Catering Service -- in
Ahmedabad.
36. • N.R.Narayana Murthy
An Indian IT chief who's really made it big without
dropping his ethical precepts by the wayside is Nagawara
Ramarao Narayana Murthy, Chairman of Infosys.
• Born in 1946, Murthy's father was a schoolteacher in
Kolar district, Karnataka, India. A bright student, Murthy
went on to acquire a degree in Electrical Engineering
from Mysore University and later studied Computer
Science at the IIT, Kanpur, India.
Started with Rs.10000 in the year
1981
It provides employment to 85000
people
37. • Dhirubhai Ambani alias Dhirajlal Hirachand
Ambani was born on December 28, 1932, at
Chorwad, Gujarat, into a Modh family. His
father was a school teacher. Dhirubhai Ambani
started his entrepreneurial career by selling
"bhajias" to pilgrims in Mount Girnar over the
weekends.
• After doing his matriculation at the age of 16,
Dhirubhai moved to Aden, Yemen. He worked
there as a gas-station attendant, and as a clerk
in an oil company. He returned to India in
1958 with Rs 50,000 and set up a textile
trading company.
