It is easy for women to display their innovative ideas and shine better in the present day developing India than face tough competition coupled with difficulty to succeed in a developed India, said U.S.-based fashion designer Tim Joseph Mendonsa.
He was delivering the inaugural address at the two-day international fashion festival and conference on “Global Women Entrepreneurship with Fashionable Handicrafts” that began at Vivekanandha Institute of Engineering and Technology for Women in Tiruchengode on Wednesday.
With a strong feeling that women are better than their male counterparts, he wondered why Indian women still lagged behind the latter in many fields.
“Today's Indian women have evolved into literates from being largely illiterates a few decades ago and it is high time they undergo the next phase of evolution – into successful entrepreneurs,” Mr. Mendonsa said.
“Becoming an entrepreneur is too easy when one starts realizing what they should do and it is all the more easier for women who are too good in managing accounts with an inborn ability to save money. All they need is to take a few extra steps that can help them work wonders,” he added. Chairman and Secretary of Vivekanandha Educational Institutions M. Karunanidhi in his presidential address said that the country had been able to maintain a balanced economy despite the global economic fall due to its entrepreneurial potential. According to him, women entrepreneurship had gained momentum over the last three decades and had contributed much to the country's economic growth.
He opined that the entrepreneurial ability of women in India had, however, not been properly tapped due to the lower status of women in society and added that there was an emergency situation to completely wipe out that negative attitude and help them realize their right to equality.
The Chairman also suggested that women entrepreneurship could be motivated by involving them in decision-making, offering specialized training in production and marketing and by providing access to open-end financing and more working capital for small and large scale ventures alike.
Counselling for women entrepreneurs to remove psychological fears like lack of self-confidence, a separate women entrepreneurship cell to handle issues faced by them across the State and encouragement from the governments would play a key role in motivating women entrepreneurs, he added. Principal of Government S.K.S.J. Technological Institute in Bangalore S.S. Ramatal referred to unexplored opportunities for textile students in the field of technical textiles.