The Entrepreneur Summit 2017 was organized at Dr. Gaur Hari Singhania Institute of Management & Research on 10th November 2017. The objective of the summit was to develop and strengthen entrepreneurial quality and motivation, making entrepreneurs realize the importance of information technology and how the application of information technology- in the form of internet, mobile apps, and multimedia etc. can boost the scope and horizon of their businesses.
The event was inaugurated with the lighting of the ceremonial lamp by Chief Guest Mr. Ragu Bhargava, CEO, Global Upside Inc., USA and Dr. (Prof.) Rakesh Premi, Director, GHS-IMR.
In his welcome address, Dr. (Prof.) Rakesh Premi said that the role of GHS-IMR is to mentor future managers through quality education and guidance. He also mentioned that the entrepreneurs, through their unique offerings of new goods and services, can break away from the traditional style of doing business. Digital technology provides immense avenues, which frees traditional businesses from the shackles of obsolete technology. WhatsApp, Instagram, Snapchat, Twitter, are not only used for (digitally) socializing by the new generation but, if harnessed correctly, can be used as an effective marketing tool.
In his inaugural speech, Mr. Ragu Bhargava commented, “Youth entrepreneurship has been high on the political agenda, “Make in India” program is seen as a means to boost competitiveness and employment. Young entrepreneurs have the potential to build ‘New India’, with government boosting the program with easy loan for start-ups and improved infrastructure. It now lies in the hands of the young managers, like the ones sitting in the audience, to take the big leap from the bandwagon of Job-seeker to Job-giver by realizing their dream of running an enterprise. Often we spent time musing over the Right Time, but the right time is now, we need to grab it, jump on to it, and then ride it to our success”.
The inaugural session was followed by the keynote address by Mr. Alok Tiwari, Director (Tech), NIC. He talked about the role of information, how improved information system has seen an organization like Ola and Uber revolutionize the cab or taxi industry. He quoted several other initiatives taken by the entrepreneurs which were well acclaimed by the industry.
The keynote address was followed by a panel discussion under the moderatorship of Mr. Amit Tiwari, CEO MKT Softwares Pvt. Ltd. The other members of the panel were Mr. Ashish Bhatnagar, Member EDI, Mr. A.K Singh, NSIC, Lucknow, Mr. Prabhat Mishra, AGM, PNB, Mr. Rajesh Kumar, Deputy Director, IMT and Mr. Amit Chatterji, Director, Northern Fire Security Systems. The theme for Panel Discussion was “Challenges and way forward for entrepreneurs”. The panel discussed the current economic conditions, role of financial institutions, problem of infrastructure and the policies of the government. The discussion saw an intelligent dissemination of ideas from panel experts and an equal participation from the audience.
The pre-lunch session saw the second keynote address by Mr. Om Shanker Dubey, CEO, Nadine Healthcare. He shared his experience as to how he quit his job to board the bandwagon of entrepreneurship. He was thankful to the Institute for providing assistance during his foray, According to him “being an alumnus of the institute, he got good advice whenever needed”. His session saw a rapt attention from the audience, culminating in quick and vagarious question-answer session and a huge round of applause.
The post-lunch session started with the introduction of Ms. Anjali Singh, Secretary, Jute Artisans Guild Association and Ms. Tripti Gupta Shivhare, a Woman Entrepreneur who were the representatives of woman power in the field of entrepreneurship. Along with them sat Mr. Kushagra Awasthi, MD, FurnishYourDream.com, and Mr. Sameer Shivhare, Director, Kapila Krishi Udyog Ltd. They all shared their experiences, problems faced and how they had overcome the hurdles. The young audience were all ears for them and got the opportunity to interact with them to seek their valuable insights.
Their session was followed by a talk with Mr. Ashish Bhatnagar, member EDI. According to him, “it is the right time to engage in business/start-ups as entrepreneurs are the ‘spark plugs’ which will transform the economic scene of a growing economy like India”.
The program ended with the vote of thanks by Dr. Shekhar Trivedi, Faculty, GHS-IMR.
The program was attended by young entrepreneurs, guest from industry, Faculty, Students of notable management and engineering college and faculty, Students and staff of GHS-IMR.