District Industries Centre (DIC) has promised all necessary support to budding entrepreneurs, irrespective of their educational background to help them realise their dream of standing on their own feet.
Delivering The Hindu Business Line On Campus BL Club Talk on ‘Establishment of industries and prospects of development’ at V.R. Sidhartha Engineering College, Kanuru, DIC General Manager G. Rajendra Prasad on Wednesday explained all means of support available for up-and-coming entrepreneurs from the government to set up a small or medium industry.
“The government has created an environment in the State in which a new entrepreneur can be an employer by investing creativity, while taking up any challenge,” said Mr. Rajendra Prasad.
The government was offering investment subsidy and single window clearance facility for setting up new industries, he added.
‘Think out of the box’
“If one can think out of the box to come up with a small-scale industry project proposal instead of running after employment opportunities in the government sector, there are plenty of options open for them to achieve an incredible result,” said the General Manager.
He gave the examples of success stories of GMR and MIC Electronics. About 100 members of the Entrepreneurship Development Cell of VR Siddhartha Engineering College keenly listened to the potential/suitability of the city for setting up small and medium industries in food processing sector.
“Apart from promising credit facility for the above 2,700 Self Help Groups in Krishna district, we are sanctioning loans and giving free hand to individual woman entrepreneurs and groups to set up any industry for their economic empowerment,” said State Bank of Hyderabad Assistant General Manager Y. Satyanarayana.
College MBA Department Head L. Anuradha called upon the students to become successful entrepreneur by creating and promising new job opportunities in the coming days apart from playing a pivotal role in the industrial development.