ENTREPRENEURSHIP.

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Presentation transcript:

ENTREPRENEURSHIP

Prof. Ajay Awate BE (Production) ME (Mechanical) Ph.D. (Production) Presently working as Professor at Mechanical Engg. Dept. PRMIT & R Badnera Teaching Experience: 23 years Industrial Experience: 4 years (G.M.- Jadhao Gears Pvt. Ltd. Amt.) In-charge “Entrepreneurship Development Cell” PRMIT & R Badnera Entrepreneurship Training at EDI of India Ahmedabad ENTREPRENEURSHIP

Diploma/Degree in Engineering Lack of “practical approach ” Lack of “multidisciplinary approach ” Lack of “state of the art” knowledge ENTREPRENEURSHIP

Opportunities after Diploma/Degree Wage Employment Self Employment ENTREPRENEURSHIP

Core Industry/Automobile Industry Wage Employment IT/Software Industry Government Sector Education Core Industry/Automobile Industry ENTREPRENEURSHIP

Own Employment (entrepreneurship) Job Work /Vendor (low profit) Product (moderate profit) System (high profit) ENTREPRENEURSHIP

Types of Industries Machine Shop Conventional/ CNC Own product or Job work ENTREPRENEURSHIP

Types of Industries Fabrication Shop Conventional/ CNC Own product or Job work Farm implements ENTREPRENEURSHIP

Types of Industries Process Shop Foundry Heat Treatment Agro- Processing Food Processing Anodizing Powder Coating Electroplating Rubber Coating Tyre Remoulding Cold Storage Wheel Balancing & Alignment ENTREPRENEURSHIP

Trading/Franchise/Dealership/Distributorship Consumables, Fuels, Petroleum Products Tools Hand tools Standard items M.H. equipment Safety devices Hydraulic, pneumatic, electrical parts Raw material ENTREPRENEURSHIP

Industrial Services Machine maintenance & repair Technical consultancy Quality management consultancy Calibration & testing ERP systems ENTREPRENEURSHIP

Entrepreneurship Traits Full of determination & passion High level of confidence Strong Leadership & people networking Constantly learning/Creative Risk taking & willingness to fail Understanding of money management Ability to sell and promote ENTREPRENEURSHIP

Roadmap to entrepreneurship Idea & Market Research Related Experience Consult Agencies Project Report Execution ENTREPRENEURSHIP

Benefits of Entrepreneurship Benefits to individual Unlimited growth Identity Pleasure & proud Passes to next generation Benefits to society & nation Creates employment Develops auxiliary businesses Improves economy ENTREPRENEURSHIP

Best of Luck Thank you ENTREPRENEURSHIP

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