‘Entrepreneurs are key for robust growth of nation’

About 60-70% of the economy is driven by MSMEs and entrepreneurs play a key role in the creation of MSMEs for a robust growth of economy, said S Gopalakrishnan, Past President, CII, Chairman, CII Start-up Council and Co-Founder, Infosys and Chairman, Axilor Ventures.
‘Entrepreneurs are key for robust growth of nation’
K Gopalakrishnan

Chennai

Gopalakrishnan, speaking at the Startupreneurs – CII Startup Conclave held in Chennai recently, said the CII Startup Council has been formed with an aim to create a knowledge space, work with the State and Central Governments on framing the right policies for the development of the entrepreneurs in the country.

The aim of entrepreneurs should be to create profitable business with a long term vision for growth. Commenting on the external funding for Startups, he cautioned that only if there is a disruptive growth in business supported by patent, Startups can look for external funding, he added.

Dr Rajendra Kumar, Principal Secretary / Industries Commissioner & Director of Industries & Commerce, TN said the govt has been supporting the growth of entrepreneurs in the State through various policy measures such as ease of doing business, single window clearance for MSMEs besides a robust fiscal infrastructure.

He said the state would launch the startup mission with an aim to support their growth. Vanitha Datla, Chairperson, Startupreneurs Forum, CII-SR & VC & MD, Elico Ltd said, “Cultivating the entrepreneurial culture and providing support to start-ups forms the foundation for a progressive economy and creating next-gen start-ups.”

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