Massive entrepreneurial opportunities exist in area of affordable Healthcare and Education in India

NEW DELHI, FEB 16: Amity University in association with MSME, DI-New Delhi organized three day International Conference on Entrepreneurship and Leadership (ICEL’2018) on the theme - “Innovation, Entrepreneurship and Value Creation”, which concluded today at University Campus, Sector-125, Noida.

The Conference aimed at providing a platform for aspiring entrepreneurs, academia, industry, Government and policy makers for sharing their research and ideas to instill entrepreneurial spirit amongst students and community in general and to promote the basic and applied entrepreneurial research in different sectors of business industry.

Sharing his views during the valediction ceremony, Vijay Kumar, Director, MSME-DI, New Delhi stated that in coming years, there will be lot of potential to start small businesses in India and MSME is providing necessary support and encouragement to young students and entrepreneurs for coming up with commercially viable sources or ideas. Motivating the participants, he remarked that Entrepreneurship is not a hard thing; with determination, commitment and a planned approach one can become a successful entrepreneur .He advised them not be pessimistic since there is no dearth of financial and infrastructural facilities in India and their decisions will be supported by Financial Institutions, State and Central Government. He shared that Government of India is running special schemes and funding programmes to encourage more women involvement and entrepreneurs in MSME.

Addressing the gathering, Dr. Atul Chauhan – Chancellor, Amity University stated that there is a pressing need to nurture entrepreneurship spirit in the country to ensure that India becomes a Superpower. He remarked that youth and entrepreneurs will have to take the responsibility of leading our country to greater heights.

Welcoming the distinguished gathering, Dr. Ashok K Chauhan- Founder President, Amity Group expressed that the three day Conference was unique which witnessed in-depth discussions and deliberations related to the journey of entrepreneurship right from idea generation to entrepreneurship excellence. He shared that lot of ideas and suggestions have been generated during the Conference and assured that all of them would be translated into reality very soon by Amity.

Sharing important learnings from his own journey of entrepreneurship with the participants, Dr. Saurabh Srivastava, Chairman Emeritus, TiE Delhi-NCR advised them that if they are doing something new, it must be something that people need; something different or something done differently from the way it has been done.

He remarked that the best way to succeed is to get people who are as good as them or better than them to work along which is possible only when the ideas or vision of an entrepreneur is sufficiently big and proper space is created in the venture for the best and the brightest people in the industry.

He stressed that it is the best time in India to become an entrepreneur and create jobs because of the supportive environment being provided by the Government. He shared that India needs to create at least 10 million jobs every year to witness high phenomenal growth. Corroborating his view point by referring to a study by McKinsey, he stressed that 70% of the current jobs in India will not exist in next 10 years. He shared that massive entrepreneurial opportunities exist in the area of affordable healthcare and education and motivated the participants to step out and become entrepreneurs.

Sharing his views, Saran Prasad, Managing Director, Technology Client Service, Accenture stated that the fear of losing holds back the innovation spirit in India; successful people are rewarded and there is no recognition for people who try but fail. He suggested that young students should be encouraged to fail and learn, then only eventually they will be able to come out with innovative ideas , which could be converted into commercially viable products and services. He opined that most of times, innovations come from finding solutions to the existing problems but sometimes it’s about coming up with disruptive idea which later on becomes the need of the people in society. He called upon the participants to innovate and take innovation to higher levels.