M.P Govt would make you crorepati just to establishing ITI.

Government of Madhya Pradesh is giving golden opportunity to those entrepreneurs who wants to be part of skill India campaign.
The state government  to reimburse training fee for 50 percent seats.
Upto Rs. 3 crore subsidy will be
given to private investors for
opening ITI in unserviced
development blocks on capital
expenditure involving building
construction, equipments etc.

Besides, the state government will
reimburse training fee for 50 percent seats. Mission for skill development as envisaged in government’s Vision Document-2018 will impart skill
development training to 6-10 lakh
youths. These amendments have
been made in Technical Education
and Skill Development Policy-2012 to fulfil this objective.
Technical Education and Skill
Development Minister Shri
Umashankar Gupta informed that 5 acre free government land will also be provided for establishment of ITI.
He informed that the government
will also reimburse 50 percent
training cost. Skill Development
Centres will be established in rented buildings permanently.

Two new provisions have been
made in the policy to provide hostel facility to students. Lodging fee of Rs. 1000 per student per month will be provided to trainees living in state-sponsored hostels. Upto 50 percent cost of construction of hostel for trainees sponsored by state government.

Incentive money to be given on
trainees’ placement.

Additional incentive relief of Rs.
3000 per student will be given to
skill development providers who
ensure placement of 50 percent
trainees. Limit of subsidy for
purchase of equipments for skill
development centres has been
increased from Rs. 2 lakh 50
thousand to 25 percent of cost of
equipments upto a maximum of Rs. 10 lakh, whichever is less. Collectors will make efforts to help skill development centre get space in government/private educational institutions or other government buildings on the rent prescribed by collectors.

Things Vijay Mallya Did That You Should Not Be Doing in Your Business

‘The King of Good Times’ Vijay
Mallya seems to be going through
an ironic period in his life. Now
that his ‘good times’ appear to be
far-fetched, I’m sure he’ll welcome
‘mediocre, debt-free times’ with
open arms.
Once termed the Indian version of
Richard Branson is now a ‘willful
defaulter’. Vijay is being chased
by almost every institution in the
country — the banks, regulators
and, even the judiciary. What did
he do? Well, not much! As
everyone knows how big of a
collector he is, he just gathered  a
consortium of 17 loans for himself
from, mind you, state run banks,
and they all add up to a whopping
amount of Rs 9,000 crore. No
biggie, right? And when everyone
thought this would end, Mallya
thought to himself, “Hmm...
Wouldn’t this be a lovely time to
go for a spontaneous vacation to
my country house in London?
Except a couple of loans, I have
given people no reason to think
I’m an absconder. Might as well
pack 7 bags in case I don’t forget
anything.” Okay, jokes aside.

It’s not that Vijay Mallya was
always this bad at making
business decisions (or any
decisions for that matter). It was
his skills and money, which he
very conveniently inherited from
his father that made him the
flamboyant billionaire he is. His
good days include the launch of
Kingfisher Strong in 1999 that
changed the consumption of
alcohol nationally. He then
expanded his range by buying
brands like Royal Challengers,
Bagpiper whisky and Romanov
vodka. He launched Kingfisher
Airlines and bought IPL and F1
teams.
When everyone was busy getting
impressed by his unstoppable
shopping spree, no one
questioned where he was getting
the money for all this? We kind of
went along with him ‘being’ rich.
So how did his story take a 180
degree turn? He made some pretty terrible decisions along the way.
And we made a list so history
wouldn't repeat itself.
When your business
doesn’t make a profit for
8 years, take the hint
This goes completely above me.
Once the second-largest airline in
India, Kingfisher Airlines was
never once able to earn a profit
and it still went on for 8 years. In
2009, the net loss went from Rs
213 crore in 2008 to Rs 1,317
crore. And that didn’t stop Mallya
from continuing. His delusional
optimism of reviving the company
went to such extent that the
accumulated losses as of March
2013 stood at a whopping Rs
16,023 crore. He did cut flights
from 300 to 110-125, but it never
reached the skies Vijay was so
hopeful about.
Lesson- Know when to give up.
Hard work is appreciated but
when it doesn’t yield results, you
should know when to stop.
When bankrupt and you see some money coming your way, how about paying the employees
first Employees maketh the company.
Sure, employer will tell what work
to do but it’s the hard working
members of staff accumulated over the years that will make the work happen. At the end when
company gets a big profit, it’s the
owner that gets it. An employee
gets his regular salary.
Given that and how indebted
Mallya was by 2012, it was his
inability to pay salaries to 1500
employees that stopped the
beleaguered airline to continue
operating. When asked why he
couldn’t he simply answered, “I
don’t have money to pay your
salaries”. Okay, believable. But
then Diageo acquired 27% stake
in United Spirits Ltd. for Rs 6,500
crore in 2013, but no lender or
employee was given a single
penny, without any reasons
stated. Mallya had his own wish
list to fill. He spent Rs 9.5 crore
to get Australian all-rounder
Shane Watson to play for his Royal
Challengers Bangalore Indian
Premier League cricket team this
season. In December 2015, his
birthday became a gala with 200
people and featuring a firework
display and performances by Sonu
Nigam and Spanish pop star
Enrique Iglesias worth 3.5 crore.
The whole party cost him more
than $2 billion. Money well spent,
eh?
Lesson – If you’re in debt, a
monstrous one, and your
birthday is approaching and you
have no plans to give salaries to
your employees, it’s probably
better to take it down a notch.
Do not mess with the
banks If Mallya finds it hard to think in a reasonable business-like
manner, he should probably think
about the welfare of people as a
member of parliament. But how
dare we think about him thinking
about the welfare of people who
pay taxes to state run banks when
he can’t even pay his own
employees. Mallya owes Rs 9061
crore to 17 banks which include
State Bank of India, Punjab
National Bank, UCO, Central Bank,
Axis Bank, Bank of India, Bank of
Baroda, IDBI, United Bank
Corporation Bank, State Bank of
Mysore, Indian Overseas Bank,
Federal Bank and Punjab & Sind
Bank. Mallya claims to have paid
Rs 1,200 crore worth of loan
already.
Hoping that the airline would
revive sooner or later and pay
back the money, banks kept giving
loans and Mallya accepted them.
Finally, when things got out of
hand and banks panicked,
Kingfisher, was declared an NPA by most banks, including SBI, towards the end of 2011 and beginning of 2012.
The only hope for banks is if
Mallya has a change of mind and
decides to pay back banks from
his personal wealth (Mallya has
shares worth Rs 7000 crore in
various companies and lot more in
fixed assets). Chances of that
happening seems as minimal as
Trump leaving the 2016 Presidential debate.

Lesson – A stitch in time saves
nine. The banks, instead of
encouraging Mallya to take loans
even when he was in debt,
should have spent time on
making him understand how bad
debts can be.
Have the courage to face your mistakes Everybody makes mistake. Mallya’s happen to be worth Rs 9,000 crore. In any case, how is leaving the country with no prior notice the best idea he could come up with? We get that he messed up big time, but how about giving an explanation first. We don’t mind him taking all his extravagant vacations but expecting people to
believe that he wants to go to his
country home because he wants to
'see his children' is either him
considering people are stupid or a
bad excuse made in haste.

Lesson – Be smarter about your
mistakes. They’re going to be out
in the open at some point. The
better path will be to accept
them and save the drowning
boat. Right your wrongs always.

(Source:Entreprenuer India)

New Era Of Entreprenuership Through Bihar Entrepreneurship Summit (BES)

To foster entrepreneurship in
Bihar, Bihar Entrepreneurs
Association (BEA) is organising its
third Bihar Entrepreneurship
Summit (BES) in association with
Department of Industries, Govt. of
Bihar, Indo-American Chamber of
Commerce and other national and
international partners of BEA.
Bihar Entrepreneurs Association
(BEA) was founded by young
Entrepreneurs from the state in
2011 to provide a platform for new enterprise, start ups and potential entrepreneurs from the state to establish a successful business and with a holistic aim to make Bihar as an “Enterprising Bihar” by creating an industry and
entrepreneur friendly eco-system in state and building a pool of
entrepreneurs for future. BEA offers an excellent platform for the future entrepreneurs, where one prospect entrepreneur can get a single window service, from advisory services to fund raising support.
BEA’s flagship event BES, will be
organised on March 21, 2016, at
Adhiweshan Bhawan, Old
Secretariat, Bihar.The Summit aims to bring together more than 200 entrepreneurs and leaders of
entrepreneurial organisations from different countries to exchange innovative ideas and establish international networks and partnerships. Abhishek Kumar, Secretary General, Bihar
Entrepreneurs Association (BEA),
said, “ After the successful rejuvenation of dying.Entrepreneurship Ecosystem of Bihar in 2014 & 2015, we have
brought the third summit to boost
startups in the state. We are meeting different stakeholders,
Govt and Non-govt departments,
organisation, entrepreneurs,
investors, individuals for thinking it, designing it and making
it successful this year also. ” Carrying forward.with its last year’s theme of ‘Enterprising
Bihar’ and ‘Wealthy Bihar’, this year, BES is working on ‘Enterprising Bihar’ and ‘Make in
Bihar’ which is aligned to PM Narendra Modi’s ‘Make In India’. The event is estimated to cater to around 80 Mn (8 Cr) youth population of Bihar.BEA is creating
a strong network of entrepreneurs having interest in Bihar.
It is creating a repository of
resources, reports, business plan
that will be helpful for every
member of the association This
year, BES has planned a pre-event
‘BESTALK 2016’ – a small talk can
bring a big change, to bring in
new ideas, thoughts, investments,
technology and innovative
approach for the entrepreneurs of
Bihar.
The pre-event will be held in 10
cities across in India, US, UK and
Singapore. The event will see
participation from people of
diverse backgrounds from the
startup community. BES has
already had its three BESTALK
event at Delhi, Bangalore and
Mumbai. With a vision of Making
an Enterprising Bihar BEA(Bihar
Entrepreneurship Association) with
Nasscom 10,000 startups is
organizing a technical event Code-
A-Thon to aware youth towards
basics technical skills training on
Mobile App development. It is a
part of our Global Entrepreneurship Week
Celebration.On the way to
‘Enterprising Bihar’, the Bihar
government has also played an
important role by laying down the
Bihar Startup Policy, Incubation
Centres, INR 500 Cr State StartUp
Investment Fund, Bihar Startup
Yatra and more of such initiatives.
Register Here

How To Turn "ON" A Sexy & Talented Girl?

In today's prospective being sexy apparently means to be smart & talented as well.
Let's take a look what makes a sexy & talented girl "ON".

Most of the girls grow up dreaming of being famous senators, authors, directors, and
scientists and of marrying
geniuses who are kind and
loving and completely
supportive of their wives'
careers. (It doesn't hurt if
they're rich and handsome too.)

But when asked specifically to porn start turned bollywood actress sunny leone,about what makes smart & talented girls on she replied" There is nothing
sexier than a smart
businessmn. I love a man who is
smart and determined & you can't  find all these other than a smart
businessman.
Here 5 things girls loves about an entrepreneur.

1)Self confidence – a belief in their own abilities and ideas.
Being innovative/inventive – being
able to generate ideas, either for
new products/services or new ways of applying them.

2)Self motivation and determination – the drive to keep going and see things through.
Showing initiative – it is necessary
to have not only the ideas for the
business, but also the detailed
plans to achieve objectives (both
thinking and doing.

3)Analytical abilities – capable of
researching and evaluating each
aspect of the business, from
development, through finance,
production, to marketing and sales.

4)The ability to make decisions and to take (considered) risks.
A focus on results that ensures
products are sold for a profit.
The combination of many of these
skills and qualities, with the right
support, ensures ideas do not just
remain as dreams but become real, viable businesses.

5)The ability to learn from others-
entrepreneurs tend to be good at
networking. They benefit from being members of organisation like the IET where they can learn best practice ideas from others.

How To Be Crorepati In 6 Months?

Nothing is impossible but can
this be done, lets see.
Goal: 1 crore in 6 months
~Rs 16 Lakh in a month (~
means approximately)
~Rs 53 Thousand in a day
~Rs 2220 in an hour
You cannot make that much
money selling your time, that is
working for someone. You will
have to be selling something
great to thousands of people.
Lets say you make a product
named X priced at Rs 200.
(Decent enough I believe).
To make Rs 2220 in an hour
you need to sell X to around 23
people every hour which is
equal to selling to around 552
people in a day to make 53
thousand. If you are selling it
yourself you can only sell for 8
hours (you will be exhausted),
you need to keep selling 24/7.
So you need someone else too
selling it for you (Probably
multiple sellers).
If the market for your product
is just India, you cannot sell it
for 24 hours. When you go to
sleep most of India will already
be asleep. You need to sell X
globally so that your product
can be bought for 24 hours all
around the world.
At the price of Rs 200 you need
to sell around 50,000 units of X
to make 1 Crore. You cannot
make it yourself. You need
someone else to make it for
you. Making a tangible good
priced at 200 and 50,000 units
is a difficult task to achieve and
the production cost will be out
of your budget. You need to
build something intangible
something electronic like a
software or something that can
be sold in electronic form.
Now the question is what will
the product X be? Here are my
2 ideas.
1. Self publish a book. It
should be worth reading
otherwise it wont sell.
2. Write a software that 50,000
people need.
What can you do with the
25000 you have?
Use it for advertising and
marketing. You will need a lot
of it to sell to so many people
globally.
The price you put on your
product determines how many
units you need to sell and for
how many hours.
So your only goal should be to
make a product that
thousands of people need.
Money will follow.
EDIT: Please don't take the
numbers at its face value.
Making that much is not as
easy as it looks like. The
answer is only a plan of what is
possible and not a real
business plan. You need to
consider taxes, commissions,
salaries and so many more
other expenses that come in
between.
The above is not an
exaggeration either. A close
friend of mine has a small
team which builds software
products for Big Companies.
Their pricing is based on per
employee usage. It took them 2
years to build the software and
its been 6 months since they
first started acquiring
customers. They have 3 paid
customers and each customer
has about 200-700 employees.
Their monthly income as of now
is close to 1.5 Lakhs (Before
taxes and salaries). If they get
10 more customers with
200-1000 employees each they
will cross the revenue of 1
crore.

(Source: Quora)

Steps Before You Start Your Business

Thinking of Starting a Business
Most of us have dreamt of Owning
a business - at one time or
another. And someof us have wondered whether Entrepreneurship would be appropriate for them.
We will take you through a
series of steps to convert your
Ideas and thoughts to viable
business propositions.

1)Ask Yourself & Analyse The Answers- Why Consider Entrepreneurship?
Some of the key reasons why you
must seriously consider Starting of
your own Enterprise.
Is Entrepreneurship Appropriate
For You?
Points to consider when you think
about -Is entrepreneurship
appropriate for you?
How to Identify Business
Opportunities?
Some thoughts on Identification of
Business Opportunities for
Startups.
2) Get Inspired By Successful Startups Take Inspiration from some of the most successful Startups.
Understand the key factors
contributing to their success.
The Big List of Business Ideas for
Small Business.
The Big List of Business Ideas for
your Small Business. Scan these
Ideas and evaluate further if you
believe the Idea you like has a
potential in your area.
Franchise Opportunities Understand the reasons why
becoming a Franchisee may be
the most appropriate
opportunity for your needs and circumstances.
Find links and resources for the
Franchise opportunities currently
available in India.

3)Preparing The Bank Loan Application By now you are already aware that Banks Finance Projects which have a well prepared Business
Plan. Banks would also like to
ensure that your proposal meets
all the necessary requirements for
their internal sanction process.

4)Access Technologies For
Commercialisation
Access Technologies from IITs and
other premier Institutions for
Commercialization.
Research the Opportunity
Make better business decisions by
gathering business intelligence.
Understand how to use
applications and technologies to
gather, store, analyse and provide
access to data.

5)Choosing the Right Business
Take these factors into account
before deciding which business is
appropriate for you

Wants To Be Your Own Boss? Here Best Subsuidy Schemes For You

MSME sector, the government has
introduced various schemes that
provide financial subsidy to the
eligible enterprises. Some of these subsidy schemes are specifically for certain industrial sectors, while some of them like CLCSS are available for a wide range of industries.
Some of the major subsidy
schemes of the government and
public institutions are provided
below. These can be categorized
as follows:
Subsidy Schemes for Specific
Industries

1)Textile Industry - Technology
Upgradation Fund Scheme
(TUFS) Ministry of Textiles introduced the Technology upgradation fund scheme (TUFS) for textiles and jute industry in April 1999 to facilitate induction of state-of-the- art technology by the textile units.
The benefits under the scheme
include:
5% interest reimbursement of the
normal interest charged by the
lending agency on RTL, or
5% exchange fluctuation (interest
& repayment) from the base rate
on FCL, or 15% credit linked capital subsidy for SSI sector, or
20% credit linked capital subsidy
for powerloom sector (An option
for ‘front ended’ subsidy provided
w.e.f. 1st October, 2005), or
5% interest reimbursement plus
10% capital subsidy for specified
processing machinery.
IDBI, SIDBI and IFCI were the
nodal agencies for Non-SSI textile
sector, SSI textile sector and Jute
sector respectively. However,
w.e.f. 1st October, 2005, 13
additional nodal banks have been
appointed under TUFS for
determining eligibility & releasing
the subsidy for the cases financed
by them.

2)Food Processing Industry -
Scheme for Technology
Upgradation/ Establishment/
Modernization for Food Processing Industries
This Scheme covers the following
activities: Setting up/expansion/
modernization of food processing
industries covering all segments
viz fruits & vegetable, milk
product, meat, poultry, fishery, oil
seeds and such other agri-
horticultural sectors leading to
value addition and shelf life
enhancement including food
flavours and colours, oleoresins,
spices, coconut, mushroom, hops.
The assistance is in the form of
grant subject to 25% of the plant
& machinery and technical civil
work subject to a maximum of
Rs. 50 lakh in General Areas and
33.33% upto Rs. 75 lakh in
Difficult Areas.

3)Leather Industry – Integrated
Development of Leather Sector (IDLS)
The scheme is aimed at enabling
existing tanneries, footwear,
footwear components and leather
products units to upgrade leading
to productivity gains, right-sizing
of capacity, cost cutting, design
and development simultaneously
encouraging entrepreneurs to
diversify and set up new units
The financial assistance under the
Scheme will be investment grant
to the extent of 30% of cost of
plant and machinery for SSI and
20% of cost of plant and
machinery for other units (i.e.
non small scale units) subject to
ceiling of Rs.50 lakh for
technology up gradation /
modernization and/or expansion
and setting up a new unit. The
rate of assistance would be @
20% for all units (both SSI and
Non-SSI) above Rs.50 lakhs subject
to ceiling of Rs.2 crore.
The nodal agency for release of
assistance, monitoring and
interface and coordination with
FIs, Banks and the Government is
SIDBI.
4) Coir industry
The Coir Board runs various
subsidy schemes for the coir
sector, as provided below:
Rejuvenation, Modernization and
Technology Upgradation of the
Coir Industry
A Central Sector Scheme on
Rejuvenation, Modernization &
Technology Up gradation of the
Coir Industry was launched during
2007-08, on a pilot basis, to
facilitate the sustainable
development of the Spinning and
Tiny/Household Weaving Units of
the coir industry by providing
proper work sheds and enabling
replacement of traditional age old
ratts with motorized ratts in the
Spinning sector and replacement
of traditional looms with the
mechanized looms in the Tiny/
Household sector in the first
phase, during XI Plan. The main
objectives of the scheme include
modernization of Coir industry by
adoption of modern technology in
production and processing of Coir
in the spinning and weaving
sectors; Upgradation of the
production and processing
technology for improving the
productivity and quality; and
increasing the efficiency and
productivity for enhancing the
earnings of the workers and
income of spinners/ tiny-household sectors, among others.
The norms of assistance are as
below:
Spinning unit: The financial
assistance or government grant/
subsidy would be 40% of the
project cost subject to a maximum
of Rs. 80,000 (Rupees eighty
thousand only) per unit.
Tiny/ household unit: The
financial assistance or government
grant/subsidy would be 40% of
the project cost subject to a
maximum of Rs. 2,00,000 (Rupees
two lakh only) per unit.
For more details, click here .
Extension of Financial Assistance
to Coir units in the Brown Fibre
sector.
The Coir Board runs a scheme for
financial assistance to the coir
units in the brown fibre sector.
The rate of financial assistance
under the scheme is 25% of the
cost of equipments and
infrastructural facilities subject to
certain ceiling limits based on the
type of unit.

5)Scheme for Extension of
Financial Assistance for
Generator Set / Diesel Engine
The purpose of the scheme is to
give one time subsidy to fibre/
curled coir production units in the
brown fibre sector to carry out
production at periods of power
cut/ low voltage and to ensure
supply of brown fibre and curled
coir to meet the requirements of
rubberized coir products, coir
rope, yarn and mats and matting
sectors.
The quantum of subsidy for one
unit will be 25% of the cost of
generator set subject to a
maximum of Rs.50,000/-. This will
be a one time financial assistance
and will be granted on the basis
of expenditure incurred by the
unit.

6)Other Subsidy Schemes of the
Central Government
Credit Linked Capital Subsidy
Scheme for Technology
Upgradation (CLCSS)
The Scheme was launched in
October, 2000 and revised w.e.f.
29.09.2005. The revised scheme
aims at facilitating Technology
Upgradation of Micro and Small
Enterprises by providing 15%
capital subsidy (12% prior to
2005) on institutional finance
availed by them for induction of
well established and improved
technology in approved sub-
sectors/products. The admissible
capital subsidy under the revised
scheme is calculated with
reference to purchase price of
Plant and Machinery. Maximum
limit of eligible loan for
calculation of subsidy under the
revised scheme is also been raised
Rs. 40 lakhs to Rs. 100 lakh
w.e.f. 29-09.2005.
The Small Industries Development
Bank of India (SIDBI) and the
National Bank for Agriculture and
Rural Development (NABARD) will
continue to act as the Nodal
Agencies for the implementation
of this scheme.

7)Quality Upgradation/
Environment management for
small scale sector through
incentive for ISO 9000 /ISO
14001 /HACCP Certifications
In order to enhance the
competitive strength of the small
scale sector, the Government
introduced an incentive scheme
for their technological
upgradation/quality improvement
and environment management.
The scheme provides incentive to
those small scale/ ancillary
undertaking who have acquired
ISO 9000/ISO 14001/HACCP
certifications. The scheme for ISO
9000 reimbursement in operation
since March, 1994 has now been
enlarged so as to include
reimbursement of expenses for
acquiring ISO 14001 certification
also.
The Scheme envisages
reimbursement of charges of
acquiring ISO-9000/ISO-14001/
HACCP certifications to the extent
of 75% of the expenditure subject
to a maximum of Rs. 75,000/- in
each case. The Scheme is valid
upto 31st March 2012.
To know more details, click here.
Market Development Assistance
Scheme for Micro, Small &
Medium Enterprises
The scheme offers funding for
participation by manufacturing
Small & Micro Enterprises in
International Trade Fairs/
Exhibitions under MSME India
stall; sector specific market studies
by Industry Associations/ Export
Promotion Councils/ Federation of
Indian Export Organisation;
initiating/ contesting anti-dumping
cases by MSME Associations and
reimbursement of 75% of one
time registration fee (w.e.f. Ist
January 2002); and 75% of annual
fees (recurring) (w.e.f. Ist June
2007) paid to GSI (Formerly EAN
India) by Small & Micro units for
the first three years for bar code.
The permissible subsidy is as
below:
The Govt. of India will reimburse
75% of air fare by economy class
and 50% space rental charges for
Micro & Small manufacturing
enterprises of General category
entrepreneurs.
For Women/SC/ST Entrepreneurs &
Entrepreneurs from North Eastern
Region Govt. of India will
reimburse 100% of space rent and
economy class air fare.
The total subsidy on air fare &
space rental charges will be
restricted to Rs.1.25 lakhs per
unit.

8)Financial Assistance on Bar
Code
The basic objective of financial
assistance is to enhance the
marketing competitiveness of
Micro & Small Enterprises (MSEs)
by way of:
Providing 75% of one-time
registration fee and annual
recurring fee (for first three
years) paid by MSEs to GS1 India.
Popularizing the adoption of bar
codes on large scale amongst
MSEs, and
Motivating and encouraging MSEs
for use of bar codes through
conducting seminars on Bar Code,
etc.

9)Subsidy Schemes of NSIC
Raw Material Assistance
Raw Material Assistance Scheme
aims at helping Small Scale
Industries/Enterprises by way of
financing the purchase of Raw
Material (both indigenous &
imported). This gives an
opportunity to SSI to focus better
on manufacturing quality
products. The benefits of the
scheme include:
Financial Assistance for
procurement of Raw Material upto
90 days.
SSI helped to avail Economics of
Purchases like bulk purchase; cash
discount etc
NSIC takes care of all the
procedures, documentation & issue of Letter of credit in case of imports.

10)Marketing Assistance
Under the Scheme, marketing
support is provided to Micro,
Small & Medium Enterprises
through National Small Industries
Corporation (NSIC) to enhance
competitiveness and marketability
of their products, through
following activities:
Organizing International
Technology Exhibitions in Foreign
Countries by NSIC and
participation in International
Exhibitions/Trade Fairs
Organizing Domestic Exhibitions
and Participation in Exhibitions/
Trade Fairs in India
Support for Co-sponsoring of
Exhibitions organized by other
organisations/ industry
associations/agencies
Buyer-Seller Meets
Intensive Campaigns and
Marketing Promotion Events
Other Support Activities.

(Image Credit:Shutterstock)

10 Things You Could Learn From Gandhi To Be Sucessful

Do you know the most sucessful man on this earth ever.
Yes,It's Mahatma Gandhi.
I have listed 10 lessons from his life to be sucessful in life & this sucess is much greater sucess than,sucess in business.

1. He was aflame with love.
"Gandhi was a pioneer in these new realms of consciousness. Everything he did was an experiment in expanding the human being's capacity to love, and as his capacity grew, the demands on his love grew
more and more severe, as if to test what limits a human being can bear.
But Gandhi had learned to find a
fierce joy in these storms and trials.
. . .By the end of his life he was
aflame with love."

2) He expended all his energy in
service of others.
"Late in Gandhi's life a Western
journalist asked, 'Mr. Gandhi, you've been working fifteen hours a day for fifty years. Don't you ever feel like taking a few weeks off and going for a vacation?' Gandhi laughed and said, 'Why? I am always on vacation.'
Because he had no personal irons in the fire, no selfish concerns involved in his work, there was no conflict in his mind to drain his energy."

3) He gave his mission his best
shot.
"Full effort is full victory,' said
Gandhi. You need not be troubled if you have made mistakes, or if your ideal has slipped away. Just
continue to give your best. If you
fall, pick yourself up and march on. If you cannot run, walk. If you
cannot walk, crawl. Nothing in life is more joyful or more thrilling. The effort alone brings a continuing wave of joy in which every personal problem, every suffering and humiliation, is forgotten."

4) He reframed greed.
"There is a story told about
Mahatma Gandhi. On his train trips he used to get off at every stop and collect money for the poor. A friend said of him, 'If you want to see somebody consumed by greed, look no further.' Of course, instead of being greedy for himself, he was
greedy for the poor."

5) He practiced compassion in
creative ways.
"One day Gandhi stepped aboard a
train as it started to move, and one of his shoes slipped off and dropped on the tracks. Unable to retrieve it, he calmly took off his other shoe and threw it back along the track to land close to the first. When an amazed passenger asked why he had done that, Gandhi smiled and said, 'The poor man who finds the shoe lying on the track will now have a pair he can use.' With the eyes of his imagination, Gandhi saw a man with bare feet, saw him coming across a lone shoe and desperately searching
for the other, and saw the
disappointment on his face when he didn't find it; seeing these things, Gandhi did what he could to help."

6) He redefined success.
"Without realizing it, Gandhi had
found the secret of success. He
began to look on every difficulty as an opportunity for service, a
challenge which could draw out of
him greater resources of intelligence and imagination."

7) He emphasized the privilege of
giving. "Gandhi reminded us that it was everyone's privilege to give. We should thank the poor for giving us the opportunity to undo some of our karma."

8) He showed us how a mantra
could be one's staff of life.
"Rama, Gandhi's mantram, is a
formula for abiding joy. Gandhi used to walk for miles every day repeating it to himself until the rhythm of the mantram and his footsteps began to
stabilize the rhythm of his
breathing, which is closely
connected with the rhythm of the
mind. When fear or anger threatened him, clinging to Rama used the power of these emotions to drive this
formula for joy deep into Gandhi's
mind.
"Gandhi said: 'The mantram
becomes one's staff of life and
carries one through every ordeal.'

9) He was the essential pioneer of
nonviolence.
"In its positive form, nonviolence
means the largest love, the greatest charity. If I am a follower of nonviolence, I must love my enemy. I must apply the same rules to the wrong-doer who is my enemy or a stranger to me, as I would to my wrong-doing father or son. This active nonviolence necessarily includes truth and fearlessness. The practice of nonviolence calls forth
the greatest courage."

10) He passed on his spiritual
legacy to all of us.
"I have not the shadow of a doubt that any man or woman can achieve what I have, if he or she would make the same effort, and cultivate the same hope and faith.Gandhi, who always claimed he had no more than ordinary capacities, is proof that these spiritual laws do work, and
that by obeying them we can
transform our character and
consciousness. Gandhi belongs to
our own century and faced many of the problems we ourselves are facing today, and even though physically dead, he still continues to give new direction to our civilization."

(Source: Eknath Easwaran )

Best Carrer Option After Engineering

You must have asked yourself
this question a lot of times at
some point or the other in your
life. In India you are not judged
by what you have studied but
what you do after you complete
your education. The society is
more concerned about the job
and salary you get after
education and not the
intellectual property you have
earned.
What have you thought about
doing next? M.Tech? OR MBA?
OR a job? Even if you have
decided on something, it is
advisable to explore the other
options lying in front of you. It’s
a truth never discussed or told.
We prefer keeping silent and let
things happen only to cry later
about the mistakes we made. Don’t leave an option straight
forward because it is too
mediocre. You don’t need to
follow others but to follow your
heart.

"Engineering students must first try to become entrepreneurs."
The important goal for engineering students after graduation was to involve in an entrepreneurship by starting their own business and switch over to jobs, if it ended in
failure, Kris Gopalakrishnan, co-
founder and former Vice Chairman of Infosys said.The main goal should be entrepreneurship, as like the Kerala University, which recently implemented the concept of residential entrepreneurship for the Students, Gopalakrishnan, said
while addressing the students at
Kumaraguru College of Technology, about Transforming Engineers into Entrepreneurs.
“A border perception is required,
an entrepreneur he or she should
realize it is a challenge. I am going
to find solution and to solve the
problem,” he suggested.
Gopalakrishnan, speaking as part of lecture series of C K Prahlad, said August eight being special because it is CK’s birth anniversary and August 15 is a milestone date for the nation and India@75 vision, he said.
Shankar Vanavarayar, Joint
Correspondent of the College and
Member, CII council of India @75,
said that India@75 is a platform
that was inspired by Dr C K
Prahalad. This CII initative
envisions to see India emerge as a
world leader through economic
strength, technological vitality and
moral leadership by 2022, he said.

Remember, if you want to worry
about what people think about
you or what people will think
about you if you do this or that,
then there is a problem! What
should ideally matter is how you
see yourself. Do you respect the
person you are? If yes, you are
on the right path & Must follow your dreams.

How to Be a Millionaire by Age 30

Getting rich and becoming a
millionaire is a taboo topic.
Saying it can be done by the age
of 30 seems like a fantasy.
It shouldn’t be taboo and
it is possible. At the age of 21, I
got out of college, broke and in
debt, and by the time I was 30, I
was a millionaire.

Here are the 10 steps that will
guarantee you will become a
millionaire by 30.

1. Follow the money- In today’s
economic environment you cannot
save your way to millionaire
status. The first step is to focus
on increasing your income in
increments and repeating that. My
income was $3,000 a month and
nine years later it was $20,000 a
month. Start following the money
and it will force you to control
revenue and see opportunities.

2. Don’t show off -show up! I
didn’t buy my first luxury watch or
car until my businesses and
investments were producing
multiple secure flows of income. I
was still driving a Toyota Camry
when I had become a millionaire.
Be known for your work ethic, not
the trinkets that you buy.

3. Save to invest, don’t save to
save - The only reason to save
money is to invest it.  Put your
saved money into secured, sacred
(untouchable) accounts. Never use
these accounts for anything, not
even an emergency. This will force
you to continue to follow step one
(increase income). To this day, at
least twice a year, I am broke
because I always invest my
surpluses into ventures I cannot
access.

4. Avoid debt that doesn’t pay
you - Make it a rule that you never
use debt that won’t make you
money. I borrowed money for a car only because I knew it could
increase my income. Rich people
use debt to leverage investments
and grow cash flows. Poor people
use debt to buy things that make
rich people richer.

5. Treat money like a jealous
lover - Millions wish for financial
freedom, but only those that make it a priority have millions. To get rich and stay rich you will have to make it a priority. Money is like a jealous lover. Ignore it and it will ignore you, or worse, it will leave you for someone who makes it a priority.

6. Money doesn’t sleep - Money
doesn’t know about clocks,
schedules or holidays, and you
shouldn’t either. Money loves
people that have a great work
ethic. When I was 26 years old, I
was in retail and the store I
worked at closed at 7 p.m. Most
times you could find me there
at 11 p.m. making an extra sale.
Never try to be the smartest or
luckiest person -- just make sure
you outwork everyone.

7. Poor makes no sense - I have
been poor, and it sucks. I have
had just enough and that sucks
almost as bad. Eliminate any and
all ideas that being poor is
somehow OK. Bill Gates has said,
"If you’re born poor, it’s not your
mistake. But if you die poor, it is
your mistake."

8. Get a millionaire mentor - Most
of us were brought up middle
class or poor and then hold
ourselves to the limits and ideas
of that group. I have been
studying millionaires to duplicate
what they did. Get your own
personal millionaire mentor and
study them. Most rich people are
extremely generous with their
knowledge and their resources.

9. Get your money to do the
heavy lifting - Investing is the Holy
Grail in becoming a millionaire
and you should make more money
off your investments than your
work. If you don’t have surplus
money you won’t make
investments. The second company
I started required a $50,000
investment. That company has
paid me back that $50,000 every
month for the last 10 years. My
third investment was in real
estate, where I started with
$350,000, a large part of my net
worth at the time. I still own that
property today and it continues to
provide me with income. Investing
is the only reason to do the other
steps, and your money must work
for you and do your heavy lifting.

10. Shoot for $10 million, not $1
million - The single biggest
financial mistake I’ve made was
not thinking big enough. I
encourage you to go for more than a million. There is no shortage of money on this planet, only a shortage of people thinking big enough.

Apply these 10 steps and they will
make you rich. Steer clear of
people that suggest your financial
dreams are born of greed. Avoid
get-rich-quick schemes, be ethical,
never give up, and once you make
it, be willing to help others get
there too.

Source(Entreprenuer)

Top 10 States For Setting Up Business In India

India is ranked 130th In ease of doing business but do you know the top 10 states where to setup your startup.
Here are the top 10 States in
'Ease of Doing Business':

1. Gujarat: Gujarat emerged as
number 1 state in ease of doing
business with 71.14% according
to World Bank reports.
The state introduced an Investor
Support System to facilitate in
ascertaining suitable locations
for setting up an industry. The
Investor Facilitation Portal
provides details and timelines
for various services across
government departments.
To enhance labour reforms, the
state approved an online web
application to register.
Integrated inspection procedures
were also enabled for inspection
and timely submission of
reports.
In terms of tax reforms, an
online system is enabled by the
state government for VAT, CST
and professional tax related
services. Along with this, an
end-to-end online system has
been implemented for consents
and authorizations with fee
calculation functions.

2. Andhra Pradesh: Andhra
Pradesh is placed second with
70.12% in ease of doing
business.
A single Desk Policy 2015-20 has
been formulated to create a
facilitative ecosystem which
provides all clearances and
approvals within 21 working
days to set up an industry,
according to DIPP reports.
The state offers an online single
window portal with clearly
defined timelines for application
filing, tracking and approvals.
Online system has been
implemented for registrations
and renewals of various laws.
In terms of land a web system
has been enabled to identify
industrial land, connectivity and
infrastructure. An online system
for tax returns fling has also
been enabled.

3. Jharkhand: In ease of doing
business, Jharkhand has been
placed 3rd with 63.09% where
the state has put up an online
portal which allows online
registration, licencing and
renewal under various Labour
Acts.
Placed first in labour reforms
with 100%, the state has online
portals for e-registration and e-
stamping of property.
Tax returns have also been
computerised which allows e-
registration of VAT and CST,
professional tax and
entertainment tax.
The state has also developed an
online management system for
key statutory clearances related
to the State Pollution Control
Board.

4. Chhattisgarh: With 62.45%
Chhattisgarh has been placed
4th in ease of doing business.
The State has enacted The
Chhattisgarh Lok Sewa
Guarantee Act 2011 and
Chhattisgarh Audyogik Nivesh
Protsahan Adhiniyam, 2002
which covers all departments,
and mandates time bound
delivery of services.
In terms of tax reforms, the
state government has
implemented an online payment
system with same day
registration for VAT. Another
online system has been
introduced to allocate inspectors
to check various labour laws
where the inspections will be
carried out once every 5 years
with prior notice.
Building plans and environment
related consents will also be
assessed through online
mechanism.
In terms of enforcing contracts,
the state has filled up more
than 80% of vacancies for judges
in district courts, according to
DIPP reports.

5. Madhya Pradesh: Madhya
Pradesh is placed 5th with 62%.
The state introduced an online
application where status of
construction permits are tracked
and drawings are scrutinised.
The portal allows people to
upload remarks, reports,
photographs through mobile.
This even enables calculation of
fees and online payments.
Over 540 industries have been
identified to receive streamlined
PCB clearance procedures along
with online system that allows
fee calculation, online payment
and downloading digitally signed
certificates in terms of
environment reforms, according
to the DIPP reports.
In terms of infrastructure only 2
documents are required for
electricity connections. Pollution
control certificates are not
required.

6. Rajasthan: With 61.04%,
Rajasthan has been placed 6th
in ease of doing business.
The Government of Rajasthan
has introduced a Single Window
Clearance system which aims to
act as a single point of contact
for all application and
clearances. An online portal is
provided to track application
forms & clearances.
According to the DIPP reports,
the portal also tries to provide
information to investors on
relevant rules, acts, policies,
licencing rules and any other
document required for engaging
in business.

7. Odisha: Odisha stands at 7th
position with 52.12%. The
Government of Odisha provides
e-registration of VAT, CST,
Professional and Entry tax. In
terms of labour laws the
government allows self-
certification.
Under The Odisha Right to
Public Services Act, 2002, the
government provides clear
timelines to get various
clearances that is required for
an industry or business.
An online portal is enabled to
manage approval and
authorisation of environmental
reforms.

8. Maharashtra: With 49.43%,
Maharashtra stands at 8th
position.
Maharashtra government has
implemented online systems for
tax related processes and a
single window is commissioned
to address queries.
Maharashtra Industry, trade and
investment facilitation cell
(MAITRI) is expected to provide
guidance to investors through
hand-holding support, an online
portal and management of
various departments and
agencies, according to the DIPP
reports.
The government has also
digitised all land banks in the
state and procedures and
timelines have been published
for land allotment.

9. Karnataka: Karnataka stands
at 9th position with 48.50%.
To tackle tax reforms, the
Karnataka government has
introduced an online platform
for registration, filing and
payment of taxes. The
government also provides with
669 services of more than 50
departments and institutions.
The state also has constituted a
single window clearance
mechanism as per Karnataka
Industries (Facilitation) Act,
2002 for approvals of investment
proposals in the State.

10. Uttar Pradesh: The tenth
state in ease of doing business is
Uttar Pradesh with 47.37%. The
state provides one-stop solution
to enclose all the services
offered by the department.
In terms of starting a business,
the state government has
implemented an online system
for filing EM1 and EM2. To ease
infrastructure reforms, the
government has reduced the
required documents for
electricity connections to 2.
Online portals have been
implemented to apply for filing
and payments under
environment reforms and to pay
taxes.

Top 10 Women Indian Entreprenuers

India has been a country that
started a little slow into the global
market due to its late acquirement of freedom. The following highlights the growth of the women in India after the same period to emerge into
international firms and positions to hold successful degrees and positions that is currently helping
the nation and the world, in equality.

1)Chanda Kochhar

Currently aged 51, Chanda Kochhar is the most successful gem of Indian entrepreneurship. She currently holds the position of the CEO of ICICI Bank, which is the largest of the private banks in India. Mrs Kochhar got her Masters degree in the field of Management Studies from Jamnalal Bajaj IMS, Mumbai.
Further, she received the Wockhardt Gold Medal in Excellence from J.N Bose Gold Medal in Accountancy.

2)Indra Nooyi

Aged 56 and CFO of Pepsico, she
proudly manages one of the largest of beverages and food business of the same. A Chennai Born in her nativity, Ms. Indra did her Bachelors from MCC in 1974 in Science. She also holds a PG Diploma in MBA from IIM, Calcutta that she completed in 1976. Her career began
with a product manager post at
Johnson & Johnson. She joined
Pepsico in 1994 and has stayed since then in the same firm. In 2011, she was conferred the position of CFO and the incredible Padma Bhushan from the nation for her success in the field of business.

3)Naina Lal Kidwai

Aged 55 and currently the Country
Head and Group General Manager of HSBC Bank, she holds the bachelor’s degree from Delhi University in Economics. Ms Naina also holds an MBA from Harvard Business School.
The facts prove that she is the first
woman from India to graduate from the Harvard Business School. Her career kick started from ANZ
Grindlays and currently she serves
as a non-executive director of Nestle SA. She is a Global Advisor at the.Harvard Business School as well. She has been conferred with the prestigious Padma Shri for her
incredible works in the category of
Trade and Industry.

4)Kiran Mazumdar Shaw

Aged as 59 and the CMD of Biocon at present, Ms Shaw did her Bachelors in Zoology from the college of Mount Carmel, Bangalore. She was born in Bangalore and did her PG
later from Ballarat College,
Melbourne in Malting and Brewing. She also did a job of Trainer Brewer in the firm of Carlton and United Breweries, Melbourne and Barrett
Brother, Australia. She joined Biocon in 1978 and led the field of
industrial enzymes manufacturing
into an entirely integrated bio-
pharmaceuticals. The firm has
currently made its global mark in
biomedicine research with its prime focus on oncology and diabetes. She also heads IIT, Hyderabad as well the Indian School of Business in Hyderabad. She has been conferred with the prestigious Padma Shri in 1989 and Padma Bhushan 2005 from
Indian Government.

5)Vinita Bali

Aged 59, Ms Bali is the MD of
Britannia group of Industries. She
holds the bachelor’s degree in
Economics from Lady Shri Ram
College, Delhi and an MBA from
Jamnalal Bajaj IIM. She also did her internship at the UN because of the scholarship she received from Michigan State University. Her career started at Voltas where Rasna was introduced. She went ahead to serve the division of Cadbury in India for an odd 15 years.

6)Mallika Srinivasan

Aged 57, Ms Mallika Srinivasan is
the Chairperson and CEO of TAFE,
which is a U.S based company
branched out in Chennai, India. She is a board member of Tata Steel, Tata Global Beverages and AGCO Corp, U.S.A. she also heads the Indian Scholl of Business,
Hyderabad. She did her education
from the University of Madras and
University of Pennsylvania.

7)Neelam Dhawan

Neelam is one everlasting warrior of India who never tires in her duties. She currently holds the position of Managing Director in the country’s Hewlett Packard Division. She is the ideal of IT in India and joined the.sector in 1980s when the feminine.presence in the industry was rather handful. Before HP, she was the MD of Microsoft, India. She also has made her mark over the global magnates like HCL and IBM.

8)Zia Mody

Aged 58 and currently the Managing Partner of the reputed AZB and Partners, Zia did her initial college education at Elphinstone College, Mumbai and later went to Cambridge University to study law.
After which, she completed her
Masters in Harvard Law School in the year 1971. The career started with Baker & McKenzie in New York andm Mcreturned to India in 1984 to start her own law firm. She also is one of the members of Securities and Exchange Board if India and is an extremely active member of Bahá’í Faith.

9)Chitra Ramakrishna

Aged 51, Ms Chitra Ramakrishna is
the first ever woman to be the MD
and Chief Executive Officer of the
National Stock Exchange of India
(NSE). She emerged as the chartered accountant and went ahead to join the project finance division in Industrial Division of Bank of India (IDBI). She then became the director of NSE and then a prestigious member of the Derivatives Panel of Securities & Exchange Board Of India, to later become the joint MD of NSE, India. She holds B.com, FCS Mvand

10)B.L. Indu Jain

Currently aged 76 years Ms Indu Jain is the former Chairperson of Times Group, India. The firm has always stood as the largest and best of media in the whole country. She has since her youth, been a strong voice of women’s rights and the women’s entrepreneurship. Currently, her two sons run the company. She is the.President of FICCI, Ladies Wing and the Chairperson of the Trust Bharatiya Jnanpith. She has
addressed the UN in 2000 at
Millennium World Peace Summit of religious and Spiritual Leaders.
Salute to the women who have
brought the country of India, the
respect and dignity it very well
deserves on account of all their
achievements and successes!

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Top 10 Indian Entreprenuers-Inspiring Stories

India has been a developing country for over a century now, but we can’t deny the fact that India has come a very long way in the business world with many Indians ruling the roost in the Silicon Valley.
Entrepreneurship is not new to pre or post-independent India with many of the Indian based companies constantly getting a place in the fortune 500 companies and many entrepreneurs finding themselves listed in the Forbes list of richest person each year. India has
produced many entrepreneurs who mastered their line of business and became successful, so we take some time and list the top 10 most successful entrepreneurs of India
who are as follows:

1. DHIRUBHAI AMBANI

Born on 28th December 1932, his
entrepreneurial career started by
selling “bhajias” to pilgrims over
weekends, from this job he grew so high over years that he built India’s largest private sector company. Over time his business diversified into a
petrochemical company with stakes and interests in FMCG, IT,
Communication, logistics and power.
Reliance holds the distinction of
being the first Indian company to be in the Forbes 500 list. Dhirubhai Ambani was named as the Indian entrepreneur of the 20 th century by FICCI. In the year 2002 Times of India voted him as the “the greatest creator of wealth” . He breathed his
last on July 6th 2002.

2. JRD TATA

Jehangir Ratanji Dadabhoy Tata or
JRD Tata as many know him has the honor of being India’s first
commercial pilot. He was the
chairman of Tata& sons for 50 long
years, He launched Air India which
is the India’s first international
airline. He was born on July 1904 in Paris and joined Tata & sons in
1950 as an unpaid apprentice, but
his interest in flying made him the
first Indian pilot and later he played a crucial role in giving wings to India by building the TATA Airlines which ultimately became Air India.
His steady growth made him the
chairman of TATA & Sons in the year 1938. In this year the company owned 14 enterprises and exactly 50 years later it grew to around 95 enterprises, such was the leadership of JRD Tata. Under him the Sir
Darboji Tata trust was successfully
set up which is Asia’s first Cancer
Hospital by the year 1941, the trust also founded the Tata Institute of Social Science in 1936 and the Tata institute of fundamental research in
1945 and many more. He breathed his last on November 29, 1993 in Geneva at the age of 89.

3. NARAYAN  MURTHY

More commonly known as the Father of Indian IT industry, Nagavara Ramarao Narayana Murthy or shortly referred as Narayana Murthy was born on 20th August 1946 in Bangalore Karnataka India. He is an Indian IT industrialist and one of the six co-founders of Infosys, a MNC
that provides services in BPO
operations, business consultancy,
engineering and technology. Murthy pursued his electrical engineering at
National institute of Engineering,
University of Mysore and he
obtained his M.Tech from the Indian Institute of technology Kanpur. He founded Infosys in 1981 and served
as its CEO till 2002, and then as the chairman from 2002-2011. In 2011 he stepped down from the board and became Chairman Emeritus. He started it with an initial investment
of Rs 10,000 today Infosys has a
market value of around $ 32 Billion and employees around 142,308 people. Fortunes Magazine list voted
him one of “the 12 greatest
entrepreneurs of our time” .

4. Azim Premji

Known as the Bill Gates of India,
Azim Premji is the chairman of the Wipro Technologies which is one of the top software companies in India. He was born on 24th July 1945 and at a very young age he took over the
reins of his family business in 1966.
He became the chairman of western Indian vegetable products, and initially many doubted his ability as a leader, but under him Wipro started providing world class IT and
BPO services and today Wipro
Technologies is the largest
independent R&D service provider in India. In 2000 the Asian week magazine voted him is the top 20 most powerful men in the world.
According to Forbes Azim Premji is one among the 50 richest persons in the world from 2001 and he Times Magazine rates him as one the top 100 influential persons of the world
constantly.

5. JAMSHEDJI TATA

Born on 3rd march 1839, He was the founder of TATA group of companies.
This company now employees more than 4 lakhs people and have revenue which boasts of USD 38 million. This is the only Indian company that had its branches almost all over Asia that include Hong-Kong, Japan and China by the year 1863.It all started with a cotton mill and he expanded it over years
and was successful in setting up a
World class hotel, Iron-steel plant,
science Institutes, Hydroelectric
plant and many more as the list
goes on. Today TATA group of
companies is the most affluent,
prosperous and well to-do
organization, it is one of the largest and most respected companies  in the world .This pioneer of his field
breathed his last on 19th may
1904.He is truly the sole inspiration behind this company.

7. Ghanshyam Das Birla

He is the man behind the Birla
Empire. Born on April 10 , 1894
and apart from being an
entrepreneur he was most
importantly a pre-independence
contributor to Indian National
Congress. Ghanshyam das Birla wasbalso the founder of the Federation of Indian Chamber of Commerce and industry. His first business venture was a Cotton mill, later on along
with cotton mills he diversified into jute business and shifted his base to Calcutta world’s largest jute producing region. Slowly this Birla empire expanded in the year 1919 The Birla Brothers limited was established which included cotton,jute paper and sugar mills on large scale. Then in1940s the Birla’s ventured into territory of cars and established Hindustan Motors. Later on this company expanded and diversified into textile, cement, rayon’s, chemicals and many more. Ghanshyam Das Birla died on 1983 at an age of 90.

8. Chanda Kochhar

Chanda Kochhar the current
MD&CEO of the India’s largest
private bank. In India’s male
dominated banking sector Kochhar
carved a niche for herself, this
wasn’t a easy task for her but her
sheer determination and willpower owas the sole reason for her success throughout her glorious career. It was her sharp strategic planning which made ICICI bank the “THE BEST RETAIL BANK IN INDIA” for five consecutive years and no wonder as per Forbes she is ranked 20 amongst the most powerful women in business as well as the world.
Kochhar is one amongst the 2
women who is the head of a
domestic bank, joining the ICICI as
a management trainee, she was
instrumental in making ICICI the
largest retail financer in India. She
is an inspiration to women all over
the world.

9. Nandan Nilekani

An entrepreneur by profession and now a famous to be politician, this multi-faceted personality Nandan Nilekani was born on 2 June 1955 in Karnataka, India. He was the co- founder of Infosys along with six others and served as its CEO from April 2002-March 2007. He is now the chairperson of Unique Identification Authority of India, which is equivalent to a cabinet ranking position that he entered under the invitation of Prime Minister Mr. Manmohan Singh. He left Infosys on July 2009 to serve as the chairperson of UIDAI, as the chair of UIDAI he is responsible for implementing the envisioned multipurpose national ID card. He is the member of the board of governors of the Indian council for research on International Economic relations (ICRIER) and the president of NCAER. He has many awards and honors to his credit throughout his career.

10. Ardeshir Godrej

Ardeshir Godrej is also known as the lock Master of India. He along with his brother co-founded the Godrej Brothers Company, the precursor of the modern Godrej Group. Ardeshir studied law but couldn’t do well as a lawyer, so he later took up manufacturing business and started manufacturing medical equipments such as scissors, forceps, needles and scalpels but he failed into that too. One day while going through the newspaper he read about a
burglary that took place in the city
and how lack of good and quality
locks facilitated the process and that was the turning point of his life and he gave modern India the much needed quality locks. He expanded his business in a short time and now the Godrej Groups he founded has diversified its operations to real estate, soaps, FMCG products,
security and appliances.

INTRODUCTION

This blog is designed for entrepreneurs who
are either starting a new
business or growing an existing
one.
We will help you to get the continious motivation for process of conceiving, creating, managing, and growing your own business.

The goal is to provide a solid
background of important
concepts for anybody starting or
running a business in India.

Our aim of this blog is to create a large number of quality entrepreneurs in India to counter poverty & unemployment.