Economy will be on growth path
Family backing crucial for ventures
COIMBATORE: “When business graduates pass out in two years, the Indian economy would be on a growth path as we have seen the bottom of recession and things will not go worse any further.
At that time students would have extraordinary opportunities that they have to encash,” Jayakumar Ramdass, President, Southern India Engineering Manufacturers’ Association, said here recently.
Launching the Business Line Club at Sri Krishna Institute of Management, he said that though the impact of global recession was felt in India too, it was cushioned by the country’s strengths, such as a strong agricultural economy and predominantly young population.
Listing out the merits of entrepreneurship, Mr. Ramdass said those who wanted to be successful entrepreneurs should be passionate about what they were doing. “Students may have great ideas about starting a business. What is important is to have a start-up capital or back-up income since it takes time for any business to stabilise. It is also necessary to have family backing for their ventures,” he asserted.
Mr. Ramdass pointed out that entrepreneurship was not something inborn or natural, but something that was acquired and that which was learnt from the success of others. He urged students to learn from the activities provided by the Business Line Club.
R. Krishna Kumar, Director of the institute, K. Sundararaman, Principal, Sri Krishna Arts and Science College, and D. Rajkumar, Regional General Manager, The Hindu, Coimbatore, also spoke.