Prof. Hemant Bhagwat

Principal

Shraddha Education Foundation

Institute of Technology & Management

What is Entrepreneurship?

The Process of

Bearing Risk of

Running a

Business

Entrepreneurship can

be described as a

process of action an

entrepreneur

undertakes to

establish his

enterprise and, is

hence , a creative

activity.

Need Of Entrepreneurship

‘The nation that fosters an infrastructure of linkages among and between firms, universities and government gains competitive advantage through quicker information diffusion and product deployment’..US Council on Competitiveness 1998

‘Leading knowledge based economy in the World’ (Lisbon Council) and key issue for the EU is to build a ‘climate in which entrepreneurial initiative and business activity can thrive’.. green

paper on entrepreneurship- EC Commission-2003

Need Of Entrepreneurship

Centre to the development of economy

The micro and small enterprises (MSEs) constitute over 90% of total enterprises in most of the economies.

Employment generation

MSE sector accounts for about 39% of the manufacturing output and around 33% of the total export of the India (in term of value).

Ministry of MSME-GOI

Opportunity to Start a Business

The ability to identify business

opportunities is an essential

characteristic of an entrepreneur

Opportunity- favourable position or

a range for advancement

Steps in Arriving at

Business Opportunity

Generating Ideas

Screening Process

Formulating the Concept of the

Business

Generating Ideas

Source: Environment

Scan & Understand the needs & wants of

peopleAbraham Maslow

-psychologistPeople generally have

different kinds of basic

needs such as food,

clothing, shelter, safety,

socialization, recognition for

self-esteem & self-fulfillment

Generating Ideas

Source: Environment

Taking macro-perspective or viewing larger

environment where business will be situated

(looking at the Social, Technological, Economic,

Environmental, & Political)

Ways of Scanning the Environment

1. Looking Closely at the market

Demand & Supply Gap Analysis

Import-Export Movement

Product Substitution

Forward-Backward Industry Linkages

Ways of Scanning the Environment

2. Looking at People’s skills

Observe your Community

3. Looking at Available Business Assistance

Program

Visit DIC Office

Government & Private Institutions

Non-Government Organizations

Collecting Information

Method:

Ad Hoc Scanning

-short-term, infrequent & initiated by crisis

Regular Scanning

-involve studies done on a more or less regular basis

Continuous Scanning

-entails regular collection or processing of data on a wide range of factors from business environment

Means of Collecting Information

Accessing Networks

Public Meetings, Trade Fairs

Focused-Group Discussion

Key People Surveys

Publications

In-Depth Interviews

Usage & Awareness Studies

Screening Process

Personal-Level

Screening

Firm-Level

Screening

• Personal Preference

(committed)

• Educational & Training

Background

• Work experience (degree of

expertise & knowledge)

•Business Network &

Contacts (buyers, suppliers or

creditors)

• family Support

Personal-Level

Screening

Screening Process

Firm-Level

Screening

•Market

• Technology

• Availability of Skills

•Availability of Raw Materials

• Financial/Capital

Requirement

• Profitability

• Government Support

Screening Process

Formulating the Concept of the

Business

1. Resource Analysis

Resources Strengths Weakness

Money

Materials

Machines

Methods

Manpower

Management

Moment (time)

The Resource Analysis where strengths

and weaknesses are identified, indicates

what the firm is capable of doing at the start

of the business.

The strengths identify distinctive

competencies of the company which can

work to its advantage.

Formulating the Concept of the

Business

2. Environmental Analysis

The Environmental Analysis gives an

indication whether the business can survive

or not.

Identifying Opportunities & Threats

in the Environment

Socio-Cultural

Technological & Technical

Economic

Natural

Political

Peace & Order

Population Trends

Government Program

Global Environment

Socio-CulturalOpportunity Threats

People have

develop the habit

of eating in fast-

food restaurants.

Many of these

establishments

serve ham &

bacon and other

processed meat.

People have

develop the habit

of eating in fast-

food restaurants.

Many of these

establishments

serve ham &

bacon and other

processed meat.

Technological & TechnicalOpportunity Threats

The new

technology can

cure ham in

three days.

EconomicOpportunity Threats

The purchasing power

of population has

lowered because of

the peso devaluation

and high cost of oil,

thus reducing the

number of people who

buy ham and bacon.

NaturalOpportunity Threats

Hoof and mouth

disease can threaten

the supply of raw

materials.

PoliticalOpportunity Threats

Political instability

can affect the

economy.

Peace & OrderOpportunity Threats

In general, there is

peace and order

in the place of

business.

.

Population TrendsOpportunity Threats

The population is

increasing. More

people mean more

consumers who

need food.

Government ProgramOpportunity Threats

The government is

providing assistance to

MSMEs. The company

may be able to avail of

this assistance in the

form of financing,

technical & marketing.

Global Environment

Opportunity Threats

If there is a shortage

of local pork, it is

possible to import

raw materials from

other countries.

Formulating the Concept of the

Business

3. Personal Values Analysis

-represent your philosophy, guiding

principles, outlook and aspirations for your

business (non-monetary values)

Questions for Discussions

1. What business idea do you have in mind? Which of the various sources of ideas could have influenced the business you want to put up in the future?

2. What information will you seek from the business environment to start your business?

3. There are three methods of scanning the environment. Which of them will you apply in the case of he business you have in mind? Explain.

4. Is there one which is most effective to you? All of them?

5. Do you of someone who went into business because of his or her friend’s advice? How did the business fare afterwards?

Trends

The start of a trend that lasts for a

considerable period of time provides

one of the greatest opportunities for

starting a new venture.

Trends that will provide opportunities

include: green trend, clean-energy

trend, organic-orientation trend,

economic trend, social trend, health

trend, and Web trend.

Sources of New Ideas

Consumers

Informally monitor potential ideas and needs.

Formally arrange for consumers to express

their opinions.

Existing Products and Services

Analysis uncovers ways to improve offerings

that may result in a new product or service.

Distribution Channels

Channel members can help suggest and

market new products.

Government Offtces

Files of the Patent Office can suggest new

product possibilities.

New product ideas can come in response to

government regulations.

Research and Development

A formal endeavor connected with one’s

current employment.

An informal lab in a basement or garage.

Sources of New Ideas (cont.)

Methods of Generating

New Ideas

Focus Groups

A moderator leads a group of 8 to 14

participants through an open, in-depth

discussion in a directive or nondirective

manner.

An excellent method for generating and

screening ideas and concepts.

Brainstorming

Allows people to be stimulated to greater

creativity.

Good ideas emerge when the

brainstorming effort focuses on a specific

product or market area.

Rules of brainstorming:

No criticism. Freewheeling is encouraged.

Quantity of ideas is desired.

Combinations and improvements of ideas are

encouraged.

Methods of Generating New Ideas

Brainwriting

A form of written brainstorming.

Participants write their ideas on special forms

or cards that circulate within the group.

Problem Inventory Analysis

Consumers are provided with a list of problems

and are asked to identify products that have

those problems.

Results must be carefully evaluated as they

may not actually reflect a new business

opportunity.

Methods of Generating New Ideas (cont.)

Creative Problem Solving

Creativity tends to decline with age,

education, lack of use, and bureaucracy.

Latent creative potential can be stifled by

perceptual, cultural, emotional, and

organizational factors.

Creativity can be unlocked by using any of

the creative problem-solving techniques.

Brainstorming

Session starts with a problem statement.

No group member should be an expert in the

field of the problem.

All ideas must be recorded.

Reverse Brainstorming

A group method that focuses on the negative

aspects of a product, service, or idea as well as

ways to overcome these problems.

Care must be taken to maintain group morale.

Creative Problem Solving (cont.)

Gordon Method

Method for developing new ideas when the

individuals are unaware of the problem.

Solutions are not clouded by preconceived

ideas and behavioral patterns.

Checklist Method

Developing a new idea through a list of related

issues.

Free Association

Developing a new idea through a chain of word

associations.

Creative Problem Solving (cont.)

Forced Relationships

Developing a new idea by looking at

product combinations.

A five step process which focuses on

generating ideas from relationship patterns

between elements of a problem.

Collective Notebook Method

Developing a new idea by group members

regularly recording ideas.

Creative Problem Solving (cont.)

Attribute Listing

Developing a new idea by looking at the

positives and negatives.

Big-Dream Approach

Developing a new idea by thinking without

constraints.

Parameter Analysis

Developing a new idea by focusing on

parameter identification and creative synthesis.

Creative Problem Solving (cont.)

Why Write A Business

Plan?

1. It will require you to practice

entrepreneurial thinking and

entrepreneurial habits

A Business Plan?

You will need to consider the realities that

your administrators and community must

consider as you plan:

-financial feasibility

-local opportunities

-how to sell your plan

to students, parents,

community members

and your faculty.

Dal

Mill

45

Project Name – DAL MILLDemand – 10,00,000 Kg/Year

Supply – 440,000 Kg/Year

Difference in Demand & Supply –5 60,000 Kg/Year

Rate – 70 to 80 Rs/Kg

Capacity

8Hr/day - 100Kg

Yearly Production - 100 *300 = 30,000Kg/year

Annual Sale - 30,000*80 = 24,00,000 Rs/year

Required Area

60*60 Sqft

Rent – 10,000 Rs/month = 10,000 * 12 = 1,20,000 Rs/year46

Project Name – DAL MILLMachine

Rs 5,00,000/-

Raw Material – 30,000 Kg * 40Rs = 14,00,000 Rs

Consumable – 10 Unit/day = 10*300 = 3000Units

Electricity 3000* 5 = 15000 Yearly

Water 250 *12 = 3000 yearly

Required Man Power

Skilled – 1*15000 = 15000

Unskilled – 2 *10000 = 20000

Total = Rs 35000

Yearly Wages = 35,000 * 12 = Rs 4,20,000/-47

Project Cost ( One Time Investment)

Sr. No Description Cost in Rupees

1 Machine Cost Rs 5,00,000/-

2 Installation & Sundry Cost Rs 50,000/-

3 Building Deposit Rs 50,000/-

Total RS 6,00,000/-

Running Cost

Sr. No Description Cost in Rupees

1 Building Rent (Rs 10,000*12) 1,20,000

2 Raw Material (Rs 1,00,000*12) 12,00,000

3 Electricity & Water (Rs 1500*12) 1,80,000

4 Wages 4,20,000

5 Admin & Sailing Cost 90,000

6Repairing & Interest on investment on

project1,50,000

Total Rs 21,60,000

Total Sale

30,000Kg * 80Rs = Rs 24,00,000 per year

Total Running Cost = RS 21,60,000 per year

Yearly income –

24,00,000 – 21,60,000 = Rs 2,40,000

Monthly Income

2,40,000 / 12 = Rs 20,000 per month

TOOL ROOM

51

Renewable Energy Plants

Biogas Plant

Biomass Plant

Biodiesel Plant

SOLAR ENERGY PLANT

WIND MILL PLANT

52

Manufacturing Of Plastic Products

53

Candles Manufacturing

54

INTERIOR DECORATION

55

RICE BRAN OIL MILL

56

Air Cooler

Manufacturing

57

AUTO TUBE MANUFACTURING

58

READYMDE GARMENTS MANUFACTURING

59

Paper Conversion

60

Automobile Silencer

Manufacturing

61

Water Filter Manufacturing

62

Mineral Water Packaging

63

Automobile Spare Parts Manufacturing

64

MATERIAL HANDLING

EQUIPMENTS

65

Food Processing PlantsFruits & Vegetable Dehydration Sugar Syrup Plant

Fruit Juice Plant Fruit Pulp Plant

Amla Juice Plant Tomato Paste & Ketchup Plant

Tamarind Juice / Powder Plant

Spice Plant Chilly Powder Plant

Turmeric Powder Plant Honey Processing Plant

Milk Dairy Plant Milk Paneer & Yogurt Plant

Ice Cream Plant Soya Milk & Paneer Plant

Cashew Process Plant Edible Oil Extraction & Refinery

66

Cashew Nut Process Plant & EquipmentCashew Nut Process Plants

Cashew Nut Process Equipments

Cashew Cooking System Cashew Shell Cutting

Cashew Drying System

Cashew Humidifier Cashew Kernel Peeling Machine

Cashew Kernel Dust Cleaner

Cashew Kernel Grading Machine

Cashew Kernel Separator Cashew Tin Filling Machine

Vacuum Filing Machine Pouch Packing Machine

Cashew Peeling and Grading Tables

Cashew Kernel Coating Pan Oil Expeller

67

Edible Oil Machinery

Oil Mills

Solvent Extractor

Physical & Chemical Refinery

Palm Oil Mill

Plant & Machinery for Soya

Derivatives

68

Herbal Plant

Herbal Extraction Plant / Solvent

Extraction Plant

Aloe Vera Processing Plant

Amla Processing Plant

Amla Process Equipments

69

Dhirubhai Ambani

70

Dhirubhai Ambani – Reliance

Industries

His methods may have been

questionable but there is no doubt in

anyone’s mind that Dhirubhai Ambani

was one of India’s top entrepreneurs.

His sons Mukesh and Anil have

followed his dreams and have made

their companies one of the most

valuable in India.

71

Lakshumi Mittal

72

Laskhmi Mittal – ArcelorMittal

Laskhmi Mittal’s company is one of the

leading steel manufacturers in the

world. He is one of the most powerful

and richest men in the world and owns

one of the most luxurious and

expensive house in London. © sef

73

JRD TATA

74

JRD Tata

JRD Tata may have been born in Paris

but his greatest contribution to the world

was creating the salt to software

company Tata. In his lifetime, he

created some of the most well-known

companies such as Voltas, Tata Tea,

Titan, Tata Motors and TCS and even

Air India. © sef75

Azim Premji

76

Azim Premji

Owner of over $17 billion in 2013

according to Forbes, Azim Premji has

nurtured Wipro for more than four

decades of diversification to emerge as

one of the leading software companies

in India today. Premji is also known for

his philanthropic work. © sef

77

NR NARAYAN MURTHY

78

N R Narayana Murthy

Perhaps the most well known

entrepreneur in the list, N R Narayana

Murthy founded Infosys and launched

the second wave of economic reforms

in the country apart from making India a

preferred destination for software

services. © sef

79

80

SUNIL MITTAlL

Sunil Mittal

Sunil Mittal, the chairman and CEO of

Bharti Enterprises, brought a new force

to Bharti Airtel over the years, making it

the world’s fourth largest mobile

operator with operations in over 20

countries. His company also has

interests in retail, financial services and

the agri business. © sef

81

SHASHI & RAVI RUIYA

82

Shashi and Ravi Ruia

The Ruia brothers founded Essar Group

in 1969 and operate in the steel, oil and

gas, power, shipping, communications

and minerals in over five continents.

The brothers were named as one of the

richest Indians with a combined net

worth of $7 billion in 2012. © sef

83

84

SACHIN & BINNY BANSAL

Sachin and Binny Bansal

Sachin and Binny Bansal are the

founders of the megahit e-commerce

venture Flipkart that was founded in

2007. Starting with books, the website

now sells almost everything under the

sun and will forever be known as the

website that got middle-class Indians

addicted to online shopping. © sef

85

SHIV NADAR

86

Shiv Nadar

Shiv Nadar is an Indian entrepreneur

who founded HCL Infosystems that saw

his personal wealth zoom to $8.5 billion

in 2012 and was awarded the Padma

Bhushan in 2008 for his work in the IT

field. His foundation takes an active

interest in developing the education

system in India. © sef

87

88

JAIN BROTHERS

Jain Brothers

The Times Group, is the largest media

company in India. Much of the credit for

this goes to brothers Samir and Vineet

Jain who took the brand from strength

to strength through various endeavors

to turn the company into a billion-dollar

revenue generator staffing more than

11,000 employees. © sef

89

90

MALVINDER & SHIVINDER SINGH

Malvinder and Shivinder Singh

Malvinder and Shivinder Singh took

their father’s company to unparalleled

heights before selling their stake in the

company to Japanese company Daiichi

Sankyo. Malvinder currently co-owns

Fortis Healthcare and Religare

Wellness. © sef

91

92

SHYAM BHARTIA

Shyam Bhartia

Shyam Bhartia is the chairman of

Jubilant Foodworks Ltd that holds the

franchise rights for Domino’s Pizza in

India, Nepal, Bangladesh and Sri Lanka

as well as Dunkin’ Donuts in India. The

profitable venture employs over 15,000

people and generates revenue to the

tune of $100 million. © sef

93

94

CYRUS POONAWALLA

Cyrus Poonawalla

The founder of Serum Institute of India,

Cyrus Poonawala’s company is the

world’s largest producer of vaccines

with over a billion products made to

combat measles, meningitis and flu that

is sold in over 140 countires. © sef

95

BRIJMOHAN LALL

MUNJAL

96

Brijmohan Lall Munjal

The founder of Hero Hondo motorcycles

broke off the partnership with Honda

about three years ago and faced the

brunt of an economic slowdown but the

company has still been going great

guns. The entrepreneur is planning to

take Hero bikes to Africa and Latin

America next. © sef

97

98

RAHUL BAJAJ

Rahul Bajaj

Rahul Bajaj is the patriarch of the Bajaj

Group that gives close competition to

Hero in the motorcycle space and also

has a footprint in various other sectors.

The group is also known for its

philanthropic work begun by his

grandfather Jamnalal Bajaj. © sef

99

KUSHAL PAL SINGH

100

Kushal Pal Singh

DLF, the construction company run by K

P Singh was instrumental in developing

DLF City in Gurgaon. Singh’s

autobiography, titled ‘Whatever the

Odds: The Incredible Story Behind

DLF’, was launched by influential

thinker Jack Welch in 2011. © sef

101

G R GOPINATH

102

G R Gopinath

Remember the good old days of Air

Deccan? The airline was the brainchild

of G R Gopinath, a retired captain of the

Indian Army who changed the way

Indians took to the skies with his low-

cost airline Air Deccan in 2003.

Gopinath is today involved with the

cargo and logistics business. © sef

103

SUBRATA ROY

104

Subrata Roy

It is unlikely any Indian has not heard of

Sahara India Parivar run by Subrata

Roy. The influential businessman is the

founder and chairman of the company

as well as IPL team Pune Warriors

India, Aamby City Valley and also owns

a 42.5% stake in F1 team Force

India. © sef

105

UDAY KOTAK

106

Uday Kotak

Uday Kotak is the founder and 45%

stakeholder in Kotak Mahindra Bank

that has featured in Forbes Fab 50 list

of companies three years in a row.

Forbes estimated his wealth to be more

than a $4 billion in 2012. © sef

107

ANAND MAHINDRA

108

Anand Mahindra

Anand Mahindra inherited a company

that was into steel trading and has

looked over the SUV manufacturing

business that forms the largest revenue

source of Mahindra and Mahindra. He is

also a jazz enthusiast and pioneer of

the Mahindra Blues festival. © sef

109

PRATAP REDDY

110

Prathap C Reddy

Prathap C Reddy is a cardiologist-

turned-entrepreneur who founded

Apollo Hospitals group, the first

corporate chain of hospitals and was

also conferred with the Padma

Vibhushan in 2010. The company also

began an insurance arm recently. © sef

111

GAUTAM ADANI

112

Gautam Adani

Gautam Adani is a self-made billionaire

whose company Adani Group is among

the largest power producers and largest

private port owner. The first generation

entrepreneur is ranked one of the most

influential businessmen in his

domain. © sef

113

V G SIDDHARTHA

114

V G Siddhartha

V G Siddhartha is the founder of Cafe

Coffee Day. From humble beginnings,

his popular youth hangout now has over

1400 centres across the country. He

was awarded the Entrepreneur of the

Year award in 2003 by Economic Times

for ‘giving Indian consumers a new

lifestyle experience that is within reach

of the common man.' © sef

115

KALANIDHI MARAN

116

Kalanidhi Maran

Kalanidhi Maran is a media baron who

manages the influential Sun group that

has interests in television channels,

newspapers, DTH distribution as well as

FM radio. Maran also acquired Spice

Jet in 2010. Maran also owns the IPL

team Sunrisers Hyderabad. © sef

117

PALLONJI MISTRY

118

Pallonji Mistry

Pallonji Shapoorji Mistry is a

construction magnate and holds the

single largest stake in Tata Sons along

with companies such as Forbes Textiles

and Eureka Forbes. His son Cyrus was

recently appointed chairman of the Tata

Group after Ratan Tata retired. © sef

119

VISHAL GONDAL

120

Vishal Gondal

Vishal Gondal is the creator of

Indiagames, one of the foremost

gaming companies in the country. The

unassuming Gondal loves running and

travelling and sold his company to UTV

some years ago. He was recently seen

in The Pitch show on Bloomberg TV

mentoring upcoming entrepreneurs. ©

sef

121

122

SRICHAND HINDUJA

Srichand Hinduja

From its humble beginnings in 1914 at

Bombay, the Hinduja Group, led by

chairman Srichand Hinduja and his

brothers Gopichand, Prakash and

Ashok employees more than 70,000

people across all continents and is one

of the largest diversified groups in the

world. © sef

123

VIKAS OBEROI

124

Vikas Oberoi

Vikas Oberoi is one of the most

underrated personalities in the Indian

realty sector. The face behind Oberoi

Realty, the company is one of the few

real estate giants to have any debt on

its books and is one of the most reliable

lifestyle construction firm in suburban

Mumbai. © sef

125

KALLAM ANJI REDDY

126

Kallam Anji Reddy

Kallam Anji Reddy is the founder-

chairman of Dr Reddy’s Labs and one

of the first entrepreneurs in Indian

pharmaceutical industry for which he

was awarded the Padmabhushan by the

Indian government. © sef

127

HARSH MARIWALA

128

Harsh Mariwala

Harsh Mariwala’s company Marico is

the country’s leading maker of hair oil

and cooking oil. It’s flagship brands

Saffola and Parachute are sold in 25

countries in Asia and Africa. Mariwala

recently announced non-profit venture

Ascent to mentor young

entrepreneurs. © sef

129

130

VENUGOPAL DHOOT

Venugopal Dhoot

Venugopal Dhoot’s company Videocon

has one of the highest brand recall

among Indians. The electronics and

appliances company ventured into the

telecom market and energy and oil

ventures with mixed results. Dhoot is

also an avid cricket fan, plays the flute

and is an environment crusader. © sef

131

MANGAL PRABHAT

LODHA

132

Mangal Prabhat Lodha

Mangal Prabhat Lodha founded Lodha

Developers in 1980 that quickly became

a name to reckon with in the realty

sector. The company is currently

building World One, the world’s tallest

residential tower in Mumbai with a few

choice flats being designed by Giorgio

Armani himself. © sef

133

G M RAO

134

G M Rao

G M Rao’s GMR Group is a name to

reckon with in the infrastructure space

today with its interests in airports, power

and roads. Founded in 1978, GMR has

carried out successful infrastructure

projects in several other countries as

well. © sef

135

RAKESH

JHUNJHUNWALA

136

Rakesh Jhunjhunwala

Rakesh Jhunjhunwala who is popularly

known as India’s Warren Buffett is one

of the most exciting entrepreneurs for

the current generation who want to

emulate his success. © sef

137

KRIS GOPALKRISHNAN

138

Kris Gopalakrishnan

Senapathy Gopalakrishnan, or Kris

Gopalakrishnan as he is popularly

called, is one of the seven founders of

Infosys and current executive vice

chairman of the company. He is also the

President of India's foremost industry

body Confederaton of Indian Industry

for the current financial year. © sef

139

AJAY BIJLI

140

Ajay Bijli

Ajay Bilji launched India’s first multiplex

in June 1997 at PVR Saket that

transformed the way Indians looked at

movies. Ever since, the company has

expanded rapidly and become the

largest cinema chain in India after

acquiring Cinemax India last year. © sef

141

142

NANDAN NILKENI

143

Nandan Nilekani

Infosys co-founder Nandan Nilekani is

the current chairman of the UPA

government’s flagship programme

Unique Identification Authority of India

that aims to give Aadhaar cards to

every citizen. © sef

144

VIJAY MALLYA

145

Vijay Mallya

The King of Good Times may be going

through a rough patch after the

grounding of Kingfisher Airlines but his

larger-than-life lifestyle and interest in

sports and fashion are still looked at

with envy and aspiration by other

entrepreneurs. © sef

146

NAMIT MALHOTRA

147

Namit Malhotra

The CEO, chairman and founder of

Prime Focus Ltd., Namit Malhotra built a

visual effects company along with co-

founder Merzin Tavaria in a garage in

Mumbai. Today, the company is a

leading name in Bollywood and

Hollywood for creating special effects

and 3D conversion. © sef

148

RONNIE SCREWVALA

149

Ronnie Screwvala

Ronnie Screwvala began a modest TV

company called UTV in the 90s that

scaled on to become one of the largest

film studios in the country, producing

some of the best and biggest hits of the

last decade before being acquired by

Walt Disney. © sef

150

MANMOHAN SHETTY

151

Manmohan Shetty

Manmohan Shetty is the founder of

Adlabs Films Ltd that grew to become

one of the largest media and

entertainment firms when he sold it to

Reliance. Today, Shetty has shifted

gears and is promoting entertainment

theme park Adlabs Imagica. © sef

152

Shetty has started another

entertainment project under the name

of Adlabs Imagica. Adlabs Imagica, is

a theme park built with the cost of

1600Cr INR, on a 300 acre site, located

between Mumbai and Pune on

the Mumbai-Pune Expressway. The

park has around 500 employees and

can accommodate as many as 20,000

visitors at any given point in time. Shetty

is targeting to host over above 3 million

visitors in the first year of operations.

153

SANJEEV

BIKHCHANDANI

154

Sanjeev Bikhchandani

After leaving a cushy job doing

marketing for Horlicks, Sanjeev

Bikhchandani began Naukri.com that

quickly became the biggest job portal in

India. Bikhchandani is a multi-millionaire

today with over Rs 722 crore in his and

his wife’s name. © sef

155

DEEP KALRA

156

Deep Kalra

Makemytrip is synonymous with the

online travel service industry that was

founded by Deep Kalra in 2000. Today,

the company has expanded beyond

India and has offices in New York and

Sydney and has consistently won

awards for its performance and

innovations. © sef

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SUBHASH CHANDRA

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Subhash Chandra

Subhash Chandra is one of the titans of

the Indian media scene. He launched

the nation’s first satellite TV channel

Zee TV in 1992. As chairman of the

Essel group, the entrepreneur now

owns a newspaper, theme parks, DTH

distribution, education and infrastructure

development among others. © Youtube

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GAUTAM THAPAR

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Gautam Thapar

Gautam Thapar is the founder of

Avantha Group who received the Ernst

& Young Entrepreneur of the Year

Award for Manufacturing in

2008.Gautam is also the chairman of

Crompton Greaves and an avid golf

promoter. © Youtube

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KARASANBHAI PATEL

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Karsanbhai Patel

Karsanbhai Patel is the promoter of

Nirma detergents and became a multi-

millionaire. After handing over the reign

of the company to his sons, Karsanbhai

is now expanding his education venture

with Nirma University. © sef

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BURMAN BROTHERS

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Burman Brothers

Anand Burman along with his brother

Amit have revolutionised the Dabur

company in their roles as chairman and

vice-chairman respectively, so much so

that the company is today India’s largest

Ayurvedic medicine manufacturer. Take

that, Baba Ramdev! © sef

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RAHUL BHATIYA

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Rahul Bhatia

Rahul Bhatia set up IndiGo in 2006 with

the help of an NRI friend and is today

one of the most efficient low-cost airline

in India with a lion’s share of the market

share. With a licence to fly to

international destinations, the

company’s future is looking bright. ©

Youtube

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ANIL AGGARWAL

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Anil Aggarwal

Anil Aggarwal is the chairman of

Vedanta Resources that was formed

after his previous company Sterlite

Industries was amalgamated with the

family’s other companies. Today, the

London-based Anil is one of the richest

Indians in the world. © sef

LAXMANRAO

KIRLOSKAR

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Laxmanrao Kirloskar

One of India’s earliest businessmen,

Laxmanrao Kirloskar founded the

successful Kirloskar group over a

century ago.

Today, the company is the world’s

largest pump manufacturer by market

capitalization and is led by his great

grandson Sanjay Kirloskar. © sef

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BYST is keen on working with young people in the

age group of 18 - 35, who are either unemployed or

underemployed.

We take on applicants without asking for 'Financial

Down Payments or Collaterals‘. BYST supports

ventures both in the manufacturing and servicing

sector, turning job seekers into job creators. we provide

a whole range of Business Development Services

along with a Mentor, who gives guidance until the

venture takes off.

BYSTBHARATIYA YUVA SHAKTI TRUST

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NABARD is an apex development bank in India having headquarters based in Mumbai (Maharashtra) and other branches are all over the country. Serves as an apex financing agency for the institutions providing investment and production credit for promoting the various developmental activities in rural areas.

NABARDNational Bank for Agriculture and Rural Development

174

SIDBISmall scale industries development of India

The SIDBI was established in 1990 as the apex refinance bank. The SIDBI is operating different programmes and schemes through 5 Regional Offices and 33 Branch Offices. The financial assistance of SIDBI to the small scale sector is channelized through the two routes – direct and indirect.

175

DICDistrict Industries Centers

DIC program was initiated in May, 1978, as a centrally sponsored scheme. DIC was established with the aim of generating greater employment opportunities especially in rural and backward areas in the country. Supply of machinery and equipment,

Provision of raw materials, Arrangement of credit facilities, Marketing, Quality inputs, Consultancy.

176

IDBIIndustrial development bank of India

IDBI is an Indian financial service company headquartered Mumbai, India. IDBI was established in 1964 by an Act of Parliament to provide credit and other facilities for the development & support of New start-ups Entrepreneurs.

Questions?

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