#ThinkBig, Entrepreneurship, Ideas, India, Uncategorized

5 Indian Startups This Decade That We Use Daily

Indian startups are closing the decade on a high and the nation will enter the next decade as the world’s third largest startup ecosystem. The startup culture has flourished extensively in the country over the last ten years with many companies becoming an essential part of our everyday lives.

startup

In 2019 alone, eight startups joined the unicorn club taking the total number of unicorns in the country to over 30 and 50 are expected as soon-to-be unicorns.

This decade, the nation did not sit back and let the world run ahead, college students, aspiring entreprenuers and lovers of challenges actually dared and risked to take their chances in the startup ecosystem and it has paid dividends.

We take a look at the startups that have influenced our lives the most this decade.

 

  • Swiggy-

swiggy

  • Craving a dish but do not want to go out to have food? Swiggy, founded by Nandan Reddy, SriharshaMajety, Rahul Jamini in 2014 addresses this issue. Ever since its inception, Swiggy hasn’t looked back. Starting from its first external investment in 2015 when Accel and SAIF Partners, along with Norwest Venture Partners invested over $2 million to the string of investments in 2017 that took its valuation beyond a billion dollars, rendering it as a unicorn, Swiggy has provided hassle-free service in the market despite competition from other food delivery companies. Operating out of 100 cities, Swiggy is currently India’s largest and most valuable online food ordering and delivery platform.

 

  • Ola –

ola

  • Founded by Bhavish Aggarwal and Ankit Bhati at the beginning of the decade in December 2010, Ola has grown to be India’s biggest peer-to-peer ridesharing and ride service hailing company. Want to go somewhere? Book an Ola Cab. Developed by ANI Technologies Private Limited, Ola has also expanded into taxi and food delivery services. They acquired Foodpanda in 2017 to take advantage of the growing food delivery business segment in the country. Ola has expanded into overseas market extensively since January 2017 by first tapping into the markets of Australia and New Zealand and then, in the United Kingdom. As of October 2019, the company is valued at $10 billion and provides services across 250 cities in the country.

 

  • Paytm –

paytm

  • In just 9 short years, Paytm has become the biggest e-commerce and financial technology company based out of India. Paytm was founded by Vijay Shekhar Sharma in August 2010 with an initial investment of $2 million borne by Sharma and began as a prepaid mobile and DTH recharge platform. Data cards, postpaid mobile and landline bill payments were added to the services in 2013. With Paytm, you can recharge your mobile, make utility bill payments, book train, flight and bus tickets, tickets to shows, movies and events, make payment transfers and pay in shops using QR codes. The company is valued at around $1 billion, with Alibaba Group owning the majority stakes of 42%. They have 350 million users and are planning to go public by launching its IPO in 2022.

 

  • Oyo –

download (4)

  • Ritesh Agarwal, who founded Oyo in 2013 when he was just 20 years old had become the poster boy for the Indian entrepreneurial scene. Ritesh had come up with the idea for budget hotels and accommodation called Oravel Stays and after staying in many hotels, guest houses, bed and breakfast houses, he pivoted the company to Oyo Rooms after receiving a $100,000 grant from the Peter Thiel Fellowship. Over six years, Oyo has expanded aggressively to include thousands of hotels, vacation homes and guest houses in hundreds of cities in India, Malaysia, UAE, Nepal, China, Brazil, UK, Philippines, Japan, Saudi Arabia, United States and other countries. It is the world’s third largest and fastest growing hospitality chain of leased and franchised hotels. They are currently valued at $10 billion.

 

  • Byju’s –

byju

  • Founded by Byju  Raveendran in Bangalore in 2011, Byju’s has become the world’s most valued education technology company, after being valued at $5.4 billion. The company was developed by Think and Learn Pvt Ltd established by Raveendran and in 2015, after 4 years of development, they launched the Byju’s mobile app which was downloaded by 2 million students in the first three months of release. Since then, the trajectory for Byju’s has been a forward climb. Shah Rukh Khan currently endorses the brand and Byju’s are also the shirt sponsors for the Indian national cricket team.

 

#BeYourOwnBoss, #ThinkBig, Collegepreneurs, Ideas, India, ThinkBig

Symposium–de-illuminate : A KGEC E-CELL and IIT-B Collaboration.

“ The only way to do great work is to love what you do.“

-Steve Jobs

And this love for entrepreneurship helped KGEC E-CELL to reach another milestone as IIT Bombay set foot on KGEC for the first time ever.It was indeed a very proud moment for Kalyani Government Engineering College as KGEC E-CELL in collaboration with the E Cell of IIT Bombay organized an entrepreneurial workshop named Symposium–de-illuminate for the benefit of the students. Students from various colleges took part in it. Sashwata Roy, the representative of IIT Bombay E Cell, was the main speaker of the event. Dr. Shantanu Das(Chairman of KGEC E-cell), Prof. Supriyo Banerjee (Secretary of KGEC E-cell), Prof. Md. Iqbal Qureshi(Treasurer of KGEC E-cell) also graced the event with their precious presence.

sir and mr. roy

Mr. Sashwata Roy started his lecture explaining what Entrepreneurship actually is-

“ The capacity and willingness to develop, organize and manage a business venture along with any of its risks, in order to add value and make profit. In other words, the activity of setting up a business or businesses, taking on financial risks in the hope of profit. “

He then went on talking  about a lot of business terms and gave valuable info about them. The overall project was on finding out the major problems we face in our society, generating practical solutions of those problems and make a business model canvas on it.

lecture

“The way an artist fills up a blank white canvas with colors and turn that into a lively painting, entrepreneurs in the same way, give solutions to problems in a form of start-up in their business model canvas.”

For that Mr. Sashwata Roy at first divided the whole audience into 9 teams. Each team had to prepare one business model and pitch it in front of the audience.

The first half of the workshop consisted of the discussions on various topics related to business. Mr. Roy explained them in details. He clarified what are the basic requirements to be a successful entrepreneur and what his mind-set should be. He gave detailed explanation about unique value proposition, customer services, revenue streams, cost structure, key metrics and many such terms that are essential for a business model.

rear view

Then there was a breather after a contiguous session of discussion. In the second half, it was all about the teams to prepare the business model canvas and pitch it. To help the teams in making the canvas, Mr. Roy showed the BMCs(Business model canvas) of AIRBNB, OLA, AMAZON etc. and explained their success stories. He cited the likes of Mr. Ratan Tata, Steve Jobs, Jeff Bezos, Mark Zuckerberg and many other successful entrepreneurs in order to enlighten the lamp inside the budding entrepreneurs. To speak about start-up, he stated that,

“A start-up is a company working to solve a problem where the solution is not obvious and success is not guaranteed.So, it is all about taking risks, failures are parts and parcels of it. People who overcome all these barriers, are the ones who survive in this field.”

We are glad to share that Mr. Sashwata Roy was ‘hugely impressed’  by the pitching event as each and every team came up with innovative ideas and their B-Plan looked quite promising. Mr. Roy and Prof. Supriyo Banerjee monitored the event and gave invaluable advice and suggestions to the teams for the betterment of their ideas.

laptop and speaker

So, in overall, it was a great learning experience for the participants as they got a chance  to get familiar with the terms that are required for every businessman to get success in their field. Moreover, they got to know how to pitch and the basics of business model canvas.

All the credits though goes to the KGEC E-CELL and its members as they worked really hard to organize the workshop successfully in such a short period of time and their hard work literally paid off. Mr. Roy was amazed as his last speech summed up the whole story of the day.

 

“I am glad to be a part of this workshop. The enthusiasm and energy shown by the participants is really appreciable and we would be looking towards organizing more such events in future. Thank you all.”

group pic

Written By-Sarthak Mazumdar

Edited By- Sohini Ghosh

Entrepreneurship, Ideas, India, ThinkBig, womenentrepreneurship

Space : An industry, A reservoir of possibilities.

“Earth is the cradle of Humanity , but one cannot live in a cradle forever.” -Konstantin Tsiolkovsky

A hundred years ago in 1911, the father of modern cosmonautics Konstantin Tsiolkovsky remarked in a letter written to his friend about how humanity will one day explore and conquer the solar space. More than a 100 years have passed and Konstantin has been proven right but alas ! we have only been to the moon and back, no further !
This is all set to change in this decade as the United States has emerged as incubation hub for space startups like SpaceX and Blue Origin who intend to setup permanent human settlements on other planets. The new space race is led by private space startups, under the experienced leadership of established entrepreneurs like Elon Musk and Jeff Bezos.

Companies That Made Their Mark In The Space Industry.

The first privately funded rocket to achieve space flight was Conestoga 1, which was launched by Space Services Inc. on a suborbital flight to 309km altitude on 9th September, 1982.

By 1984 President Ronal Regan issued out the Commercial Space Launch Act, which encouraged the creation of private spaceflight companies.
By 2000, Russian private space tech company MirCorp made the first manned trip to space that was not government funded. This was just the beginning!

1) MirCorp-

It was a commercial space company created in 1999 by space entrepreneurs and involving the Russian space program that successfully undertook a number of firsts in the business of space exploration by using the aging Russian space station Mir as a commercial platform. Its actions were highly controversial as it created a roadblock to the planned International Space Station in creating a viable, low cost alternative.

The company achieved the following:
• First commercial lease agreement for orbiting manned space station (December 1999)
• First privately funded manned expedition to a space station.
• First privately funded cargo resupply mission in space (April 27, 2000)
• First privately funded spacewalk (May 12, 2000)
• First contract for Space Tourist (Dennis Tito, June 19, 2000)

2) Space Adventures-

It is an American space tourism company founded in 1998 by Eric C. Anderson. As of 2010, offerings include zero-gravity atmospheric flights, orbital spaceflights (with the option to participate in a spavcewalk), and other spaceflight-related experiences including cosmonaut training, spacewalk training, and launch tours. Plans announced thus far include sub-orbital and lunar spaceflights.

As of October 2009, seven clients have participated in the orbital spaceflight program with Space Adventures, including one person who took two separate trips to space.

3) SpaceX-

How can we talk about private Space Companies and not talk about SpaceX. From making rockets reusable, and Mars seem possible. Already the world’s most high-profile commercial spaceflight company, SpaceX continues to demonstrate its technical bona fides, racking up recent milestones as historic as they are diverse.

Along with fielding a more muscular version of the workhorse Falcon 9 rocket (with engines that are 50% more powerful than their predecessors), the company conducted a series of test flights of its Grasshopper rocket, which travelled as high as 1,066 feet in June 2013 before depositing itself back on the launchpad, as opposed to dumping in the ocean. SpaceX flies fast, cheap, and always in control, making founder and CEO Elon Musk’s plan to eventually establish a permanent, 80,000-person Martian colony, seem less like a pipe dream, and more like the inevitable.

Sierra Nevada Corp, Richard Branson’s VIRGIN GALACTIC (developing airplane-rocket), Yuri Milner’s PLANET (earth imaging satellites) have also emerged as finest spacecraft builders. Besides these, there are initiatives by Mark Zuckerberg (Breakthrough Starshot), Larry Page (Planetary Resources), Bill Gates (Kymeta), Paul Allen (Stratolaunch) which are still in development.

Valuation of this Industry-

For years, some of the world’s richest entrepreneurs have been investing in space exploration, hoping to become industry leaders in the growing commercial market and what it is set to achieve. There has been a record investment of more than 3.9 billion dollars that were made by as many as 120 venture capitalist firms into some private space companies in the last year. The space industry is set to be worth $1 trillion by 2040.

Indian Private Space Industry-

With the private space industries developing at the fastest possible rate in other countries, it’s high time that India’s commercial space enterprises grew out of the ISRO’s towering shadow whose contract doles provide vital sustenance to may start-ups. There is an increasing commercialised side of ISRO which has now taken up the form of NewSpace India Ltd.
In the last few years India has witnessed a boom and more than a dozen space focussed start-ups have emerged. Bangalore in India has emerged as India’s space start-ups hub.

Few of India’s notable Space Start-Ups:

1) Team Indus

– is a Bangalore based startup led by Rahul Narayan and is the only Indian team participating in the Google Lunar X Prize mission. The company raised Rs 9 Crore until mid 2015 from a clutch of investors . The company has built a lunar rover and expected to launch in the third quarter of 2016 to win the Google Lunar X Prize.

2) Earth2Orbit

– Founded by Sushmita Mohanty , the company claims to be India’s first private space firm. The company currently offers launch advisory and consulting services.

3) Dhruva Space

– A new entrant to this league, the firm was founded by Narayan Prasad and Sanjay Nekkanti in 2012. The team at Dhruva space is currently developing an indigenous small satellite platform.

4) ARDL

– Founded at the Indian Institute of Science (IISc) , the team of ARDL comprises of Sidhant Dhall, Triyambak Tripathy, Gaurav Achha and Ayush Patawari. The company currently fabricates Mini CANSAT modules and other related space hardware.

5) Astrome

– Another Space Startup with it’s roots in IISc is Astrome, which has Prasad HL and Neha Satak as it’s founder. The startup is fairly new to this league and aims to develop products and services which aid in space exploration.

6) MANASTU Space

– founded by Tushar Jadhav (a former DRDO scientist) , Ashtesh Kumar (Technological Leader Head, Electrical Systems) and Pratham ui IIT Bombay’s student) in 2016 comes with greener and safer approach in manufacturing the satellites. Manastu’s engines uses less indigenous toxic fuel, and can provide an impulse for 275 seconds, making it 25 percent more productive as it consumes 25 percent less fuel, and promises a life span of five years for the satellites in orbit. At present, the prototype is under testing at its laboratory in Mumbai and at the Shell Oil and Gas campus at Bengaluru.

What the future holds for this Industry-

The future of commercial space flight definitely seems promising, thanks to the entry of big commercial giants and several other huge investors.
This would not just improve or bring about possibilities of making space travel easy, but also help in improving research of the universe, resource mining as well as bringing other insightful information to the forefront.
Despite the challenges posed by space tourism, it is crystal clear that in the future, commercial space flight will be a big thing and it can definitely be the ticket to us knowing more about the outer space.

Written by Subhadeep Bose, Kaushikee Bannerjee, Sarthak Mazumder

Edited by Sohini Ghosh, Dibyajyoti Ghosh

Team KGEC E-Cell, 2017-18
Collegepreneurs, Entrepreneurship, India

KGEC E-Cell: Prize Distribution, Farewell and Felicitation and Investiture Ceremony 2017/18

“If you’re brave enough to say goodbye, life will reward you with a new hello.” – Paulo Coelho

All good things come to an end, with a greater purpose. While holding on to our cherished memories, the KGEC E Cell organized a combined event, that comprised Prize Distribution, Felicitation and Farewell and Investiture Ceremonies, on the 18th of May, 2018. It was a confluence of old memories with the new, unbridled enthusiasm – seniors were bid adieu, while the new interns were sworn in into the fold of the organization.

The first order of business of the day was to induct fresh blood into the E Cell. All of the faculty members, such as Dr. Santanu Das(director of KGEC E-Cell), Prof. Md. Iqbal Qureshi, (treasurer) and Prof. Supriyo Banerjee (Secretary) were present. It was a really exciting prospect – interns finally turning into provisional members after months of hard labor, with Mr. Aniket Mondal bagging the prize for Best Intern. Next, the permanent members were called forth, one by one, and awarded for their commendable contributions to the E-Cell in the academic year 2017-18. Special care was taken to felicitate the Joint Secretaries too. As the Joint Secretaries Mr. Somnath Sinha and Mr. Rahul Shaw stood tall before the room, the E-Cell acknowledged receipt of their invaluable contributions over the tenure of three years of their membership. In his speech, Mr. Somnath Sinha, said “I was a part of this E-Cell from my second year and have learned a lot and developed myself by remaining in touch with various activities and some helpful seniors who thoroughly guided me in every step. Being a core team member, it has always been my pleasure to run the activities and working with you people as a team.” His bald head delineating the three years of his experience, he added, “When we are small, our elders put us under various restrictions, which we view as obstacles. But, ultimately it is the brakes of a car that allow it to run fast”, thus hinting at how the faculty members of the Cell were the main driving force. Accompanying them was Mr. Rahul Das, one of the three seniormost student members who had nurtured the cell since its germination. The proceedings remained witness to a display of indelible nostalgia as the moments were captured in Polaroid.

Mr. Somnath Sinha speaks and enthralls the audience for one last time
Mr. Somnath Sinha speaks and enthralls the audience for one last time

Now it was time to announce the office for the coming academic year, and Dr. Santanu Das was called upon to undertake the task of filling in the big shoes vacated by the sinews of the cell. First in line was Mr. Raja Mishra(Additional Secretary, Public Relation Head), followed by Mr. Abhranil Roy and Ms. Komal Singh(Joint Secretaries). Subsequently, the other members of the core committee such as Mr. Subham Baunthiyal (Design Head), Mr. Sarbesh Kr. Sarkar (Web Technical Head), Mr, Saurav Kumar Singh (Content and Internal Communication Head) were also called up. Standing next to them were the members of the auxiliary committee- the conveners (Mr. Bikash Prajapati, Mr. Kiran Kumar Das, Mr. Animesh Dutta and Mr. Ankan Chattopadhyay). It was a solemn moment for them – standing like guards in a sentinel. The investiture ceremony instilled a sense of responsibility and diligence among the new recruits and refreshed the joviality of the old ones.

The entire session was coordinated by Mr. Abhranil Roy with Mr. Ankan Chattopadhyay assisting him and Prof. Supriyo Banerjee and Prof. Md. Iqbal Qureshi at the forefront. They asked members from all domains to work as a team and laid down the following targets –

All outgoing members of the KGEC E-Cell Team with the faculty members.( From L-R Mr, Rahul Das, Mr. Rahul Shaw, Mr. Somnath Sinha, Dr. Santanu Das, Prof. Supriyo Banerjee, Prof. Iqbal Qureshi)
All outgoing members of the KGEC E-Cell Team with the faculty members( From L-R Mr, Rahul Das, Mr. Rahul Shaw, Mr. Somnath Sinha, Dr. Santanu Das, Prof. Supriyo Banerjee, Prof. Iqbal Qureshi)
  • To establish an Incubation Center
  • To provide exclusive internships to the E Cell team and groom other college students for the same.
  • Increase coordination among different domains and reduction in time to get things done
  • The signing of MOU with various colleges and universities(IIT Bombay)

The two hours that followed from 4PM – 6PM were reflective of the close bonds that had forged among the members. Mr. Somnath Sinha and Mr. Rahul Shaw (outgoing Joint Secretaries) turned up for the occasion with more than just words. They charted a future course for our times ahead. Prof. Supriyo Banerjee, being a teacher to Mr. Somnath Sinha praised him by saying that the latter was his Guru too and commended his decision-making abilities. Hereon, Prof. Supriyo Banerjee took a chance to focus on the authoritative skills and its importance to the newly formed team. He then shared, “When doing a certain work, even I could not make a decision at a certain place. Somnath would then take over the situation telling that the team has the strength to do that job within a deadline. So, in this regard, he is superior to me”. He also humorously added, “It will be another challenge to the new E-cell team that at a point where I will fumble, your work will be to make the right decision at the right place”.

Core Committee and Auxiliary Committee for the academic year 2018-19
Core Committee and Auxiliary Committee for the academic year 2018-19

As the day drew to a close, the KGEC E Cell collectively felt a great sense of loss at the departure of three iconic members of the E Cell – Mr Somnath Sinha, Mr Rahul Das and Mr Rahul Shaw, who had been an indispensable part from the Cell’s inception, paving all throughout its way. At the same time, the members knew that mammoth responsibilities were now vested on able shoulders and the years of hard work and effort of the predecessors had finally borne fruit. It was, finally, a day of bittersweet endings.

Authors:

Abir Bhattacharya, Suvro Mukherjee, Sanghamitra Biswas

Editor:

Ankan Chattopadhyay

IMG_9459
Mr. Subham Baunthiyal felicitates Mr. Rahul Das
IMG_9413
Mr. Aniket Mondal awarded the Best Intern by Dr. Santanu Das(director)
Entrepreneurship, India, Uncategorized

E-Summit 2018: A Journal

_DSC0240.jpg

E Summit 2018 was a power-packed, business and entrepreneurship event hosted on the 6th and 7th of April, 2018.

It is the annual flagship event of Kalyani Government Engineering College’s  Entrepreneurship Cell. It was a unique event with sessions ranging from psychological wellness to Q&As with established entrepreneurs.

The vision of the E Cell is simple – to galvanize the youth to create jobs and incubate entrepreneurial spirit. With this simple mantra in mind, it hosted many activities like Buzz-In-The-Campus, Click-The-Summit , Biz-Quiz and of course, the Pitchathon.

 

IMG_9123.JPG

Pre-Summit Events:

Here, participants saw various events which were held to promote entrepreneurial activities. One such session was with Mr. Biplab Poddar, CEO of Oxident Technologies, an alumnus of KGEC on Digital Marketing. Also, there was Egnition 2017 that resulted in a houseful session of around 200 freshmen.

 

IMG_8885.jpg

 

6th April: Day 1 of E Summit

A sense of nervous anticipation in the air followed by frantic activities for last minute touch ups of unfinished stuff.  The first session was that by Caring Minds on psychological wellness. Besides, learning a lot of new phobias(some of the names are truly weird) and reasons for OCD participants also learned to keep themselves free from stress. Questions from the audience highlighted that a significant number of people suffer from stress and anxiety.The next was Biz-Quiz, a quiz on business topics. It got everyone excited and brought their inner Derek O’Brien to the fore. Participants had to form a team of two. It tested their knowledge of startups, famous entrepreneurs, and businesses. The next was an interactive session with Abhinaba Dey, Co-Founder of OpusNest and Somwrita Guha, founder of Papercup. Both of them shared their own experiences in developing their start-ups. Both of them agreed on hard work is the base for starting any business venture. That, coupled with the ability to take risks and being flexible was also necessary.

IMG_8781.jpg

 

Someone from the audience asked, ” Is it difficult being an entrepreneur?”.

Somwrita replied, with a smile “Hailing from a typical Bengali middle-class family, entrepreneurship itself is deemed a stereotype. We are more comfortable being in the position of an employee, drawing a monthly salary rather than taking risks.” She then proceeded to say “Being an entrepreneur, I realized that money could multiply itself – My money could itself get more Money!”.

IMG_9263.jpg
7th April: The final and most important day of E Summit

The day started off with sessions with Saurabh Dhanuka, founder and CEO at Jab We Ate and Ravi Ranjan, Entrepreneur Evangelist and Startup Expert.

_DSC0247.jpg

Saurabh Dhanuka started off by saying a very basic human truth, that is, we all love to eat. We may not be gourmands in MasterChef, but we cannot refuse a plate of “maa ka haath ka khana”. That is the philosophy behind Jab We Ate, a company which specializes in home-made food and desserts. He shared his success story with us, right from sourcing ingredients till the logistics.

Ravi Ranjan proceeded to tell the stories of various startups in the $100 billion club and the reasons why they were different. He also encouraged us to venture into entrepreneurship and pointed out the various fields in which we could innovate. He exhorted us to find solutions to problems which could thereby change lives.

IMG_8905.jpg

After a lunch break talks with Prantik Sinha, Co-Founder of Agastya Buoyant and Rana Dutta, CEO of Tiyo ensued. Both of them encouraged us to start innovating and make a meaningful difference in others’ lives.

The two-day event culminated with the Pitch-A-Thon – a business pitching session where teams pitched ideas that could potentially change our lives. It ranged from the incredibly futuristic plans of using AI in home automation, to the use of technology in ensuring women safety. Questions from the panel of judges tested the confidence of the participants and also the viability of their projects. Mostly, the judges based on their extensive knowledge gave an in-depth critique of how the startups would fare in the real world, with such diverse competition.

IMG_9275.jpg
As the day came to a close, members and interns heaved a huge sigh of relief. Weeks of frayed nerves, anxious phone calls, and sky-high adrenaline levels had ended and it was time to say goodbye to the distinguished guests and students from other colleges. The day ended on a positive note with the judges handing out awards to the winners. Snippets of conversations from various enthusiastic attendees revealed that it was a wonderful event with lots of knowledge gained and memories made.

IMG_8830.JPG

 

Reported By:
Sanghamitra Biswas
1st Year Intern, KGEC E-CELL

Ideas, India

What changes do you wish to see in the Indian society?

The Preamble of the Indian Constitution proclaims the solemn resolution of the people of India to constitute the nation into a “Sovereign Socialist Secular Democratic Republic”. As an Indian, I’d like to see India just as envisaged by the framers of our Constitution.

Even after 70 years of independence, India is still a developing country. The main reason for this is unemployment. Certainly, it’s not possible for the Government to provide employment to 125 crore Indians. It is the responsibility of each and every Indian to earn a livelihood by fair means.
What India needs today is an intense scientific advancement. To accomplish this, more and more parents are providing their wards with a good education. Students are choosing science stream after 10th. Many of them are following the course of Engineering after 12th. Over the years, the no. of Engineers(both B.Tech and Polytechnic) in the Indian society has undergone a rise. It is no more possible for the Government as well as Industrialists to provide each and every one of them with jobs. Someone has rightfully said, “Engineers in India should not be job seekers, they should be job creators.” From here, the story of an Engineer-Entrepreneur begins. If an Engineer is able to startup, he’ll not only be able to solve the problem of his own unemployment, but also distribute employment to many. There are only a few notable startups in India at present times. I hope one day, there will be no unemployment problem in India, provided people can provide jobs to themselves through Entrepreneurship.
It is said that the development of a nation can be measured by taking a glance at the Olympics Medal Tally. The concept is odd to hear but is true. Although India has a huge population, India has been unable to achieve much success at the Olympics. It’ll be wrong to say that India doesn’t have a knack for sports. India has secured the first position in cricket since the Indian youth have worshiped cricket. My question is why only cricket? Why not football, hockey, polo, handball, gymnastics etc? If Indians get involved in sports, India can surely secure a good position in the Olympic Medal Tally. To divert the attention of Indians from Cricket to other sports, we have to promote those sports. Here comes the role of a sports entrepreneur. A sports entrepreneur will open sports hubs wherever he can, where different types of international sports like High Jump, Ice Hockey, Water Polo, etc will be taught. The raw talent can be sieved, who will glorify our nation at International Sports Events. The idea is the Industrialization of Sports will give rise to will give rise to immense employment in the country. The experienced sportsmen/sportswomen will coach the youth, and sieve the talent. In this process, 2 birds(unemployment and disappointing medal tally) will be killed with one stone( industrialization of sports).
startupsplash
Most of the electronic goods(mobile phones, TV sets, speakers, headphones, microwave ovens, laptops, watches, etc) that we use in day to day lives are not made in India. They are mainly imported from China. Had this items been manufactured in India, what would’ve been our employment statistics! There is a tremendous demand for mobile phones and computers in present-day India, as the nation has begun to enter the cyber age. Some of the brands do assemble in India, but that’s not a big step. However, India is not in a position to manufacture the components of these electronic gadgets, the reason being the high cost of implementation of the machines that are used to make those stuff. I believe that in the near future, India will have all the machinery to make the hi-tech electronic components, and will be able to manufacture electronic goods. In the process, the problem unemployment will be resolved to a great extent.
In present times, 70% of Indians are engaged in agronomy. Truly, it’s the most important field of India’s economy. Humans can not survive without food, and the production of the staple food has to be the most important topic in Indian economics. Imagine an Australian Farmer. What picture do you get? A well dressed stalwart man with a hat on his head, puffing cigar, driving a tractor or combined harvester, and earning a lot of money. On the other hand, imagine an Indian farmer. An emaciated man, striving on the land with a spade in the hot sun. His income is subtle. The producer of food is not getting enough to eat! We have to change this scenario, or the country won’t develop. For instance, a farmer is growing onions, and selling it to a broker at 5/- kg, who in turn sells it to a shopkeeper in the town at 20/- kg; the shopkeeper sells the onion to the customer at 40/- kg. The same happens in the case of other vegetables, paddy, wheat, corn etc. The ones who are in between the consumers are earning the most. Clearly, the one who has worked hard to grow that onion isn’t earning a justified sum. This system has to change.
In conclusion, I’ll say that India has come a long way in the run. Yet, a lot of things are happening in today’s India are unconstitutional. It is the responsibility of the upcoming generation to bring about a change. Jai Hind!

Written By:
Saptarshi Ghosh

Department of Mechanical Engineering

1st Year

Intern at KGEC E-Cell
Entrepreneurship, India, skill, Women

Why we need female entrepreneurs?

Women empowerment is the backbone of a developing country.  Gone are those days when women were considered no match for the all-powerful men in this world.

Educating women means educating a family. There was a blind belief that men are the only winners in the field of science and technology, hard work, intelligence quotient, and leadership.This has been proved wrong because the role of women entrepreneur is identified by Gender and Development (GAD).In today’s era women are in neck to neck competition with men. Women have proved themselves in the field of management, IT, Technologies, Designing, fashion, anything .media service and many more varied fields.Yes, there is a section of women who believe in short-cuts but at the same time there exist some women who are confident, believe in themselves and have enormous fire and burning desire anything.

Educated and deserving women do not get the job of their level or cannot find a suitable job. Women have the instinct to prove their innovation skill related to technology and management skill, just like men. Women desire additional income to support their family. In other words, women in 21st century love to be self-dependent.If they have the required skill set why should they adjust in less? They have become ambitious and have the desire to do something great and are known by their name instead of her husband’s name or family’s name.

Economic compulsions have encouraged for emerging of women entrepreneurs. The burning desire to achieve something in life and contribute in others life have driven many female entrepreneurs.

India has its own pool of some bold and fearless women.They have broken all the myths about their inborn limitations and made their limitations their pillar of success.

I was motivated by the success stories of women entrepreneurs and I submitted an application for being a member of E-Cell, Kalyani Government Engineering College. I knew it would be a great learning experience and definitely, it is. I am very excited for being a part of the magnificent E-summit event 2017. E-Cell is a platform which helped me to bring out the inner entrepreneur in me. The E-Cell team works very hard and undertakes all the efforts to make each and every event successful.