EMERGENCE OF ENTREPRENEURIAL CLASS AND CASE HISTORIES Submitted

EMERGENCE OF ENTREPRENEURIAL CLASS AND CASE HISTORIES Submitted to- Mrs. Kriti Mahajan Submitted by. Shivam sharma, 701

Entrepreneurial growth in india The review of entrepreneurial growth in India has been divided into three sections: Entrepreneurial growth before 1850 Entrepreneurial growth after 1850 Post independence

Entrepreneurial growth before 1850 The evaluation of the Indian industrial entrepreneurship can be traced back to early as a period of Rigveda when metal handicrafts existed in the society. Village life was in no way dominated by the towns. Indian towns were mostly religious.

Why Entrepreneurship did not grow before 1850 Lack of transport facilities Manufacturing entrepreneurship did not develop in India till 1850 due to weak communication systems Low prestige of businessman Lack of capital Lack of political unity

Entrepreneurial growth after 1850 in 1854, C. Davar established a cotton textile manufacturing unit in Bombay. In 1858, four cotton textiles mills in India. Its number had increased to 58. The East India Company established its first ship building industry in Surat. By the last quarter of 19 th century, there were 51 cotton mills and 18 jute mills

Continue…. . Swadeshi movement in 1905 attempted to revive indigenous goods and gave a boost to Indian entrepreneurship. J. R. D Tata established its steel unit in 1911 in Jamshedpur.

During post independence era Entrepreneurial growth during postindependence era truly means the industrial development , innovational efforts of the part of individuals or corporations relating to a product , market , communities in relation to business activities. For example growth of commercial crops by using modern techniques of cultivation.

Continue …. As dr. v. k. r. v rao puts it – the link between infrastructure and development is not a once and for all affair. As pt. Jawahar Lal Nehru states , ” Industrialisation produces steel , it produces power”. They are the base.