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7/24/2019 Discusghjs Challenges for Entrepreneur in Manufacturing
1/20
1) DISCUSS CHALLENGES FOR ENTREPRENEUR IN MANUFACTURING,
MARKETING, FINANCE, AND HUMAN RESOURCE MANAGEMENT
MANUFACTURING
1) PROBLEM OF PRODUCT PLANING-
Entrepreneurs !"e t#e pr$%&e' $ pr$(u"t p&!nnn* +ute $ten se&e"t$n $ t#e r*#t pr$(u"t
s ! %* pr$%&e' A nu'%er $ %usness'en enture nt$ ! %usness .t#$ut stu(/n* t#e
'!nu!"turn* re+ure'ent As ! resu&t,t#e/ ntr$(u"e .r$n* pr$(u"t !n( '!/ t#e r*#t pr$(u"t
!t t#e .r$n* t'e t#e .r$n* t'n* $r .r$n* pr$(u"t se&e"t$n resu&ts n %* &$sses t$
entrepreneur
0)PROBLEM OF RO MATERIAL-
2)S#$rt!*e $ r$. '!ter!&- s'!&& s"!&e n(ustres unts !"e t#e pr$%&e' $ s#$rt!*e $ r$.
'!ter!& !n( !s su"# t#e pr$(u"t$n "/"&e *ets !e"te( .#"# n turn "re!te pr$%&e' $r (&er
$ *$$( n t#e '!r3et
2)P$$r +u!&t/ $ r$. '!ter!&- !t t'e $ s'!&& s"!&e n(ustres unts #!e t$ !"e t#e pr$%&e' $
+u!&t/ $ r$. '!ter!& !n( $t#er nputs As ! resu&t $ t#s t#e +u!&t/ $ pr$(u"t$n *ets !e"te(
.#"# n turn !e"t s!&es !n( reenues
4)USE OF OUTDATED TECHNOLOG5
S'!&& s"!&e n(ustres unts use $ut(!te( te"#n$&$*/ A *$$( nu'%er $ t#e' pur"#!se se"$n(
#!n( '!"#ner/ T#e use $ $ut(!te( te"#n$&$*/ !e"te(
6u!&t/ !n( +u!ntt/ $ pr$(u"t$n n"re!ses t#e "!ste, (ue t$ n"re!se n .!st!*e, &$ss (ue t$
%re!3($.n, #*# '!nten!n"e $ '!"#nes et"
7) LACK OF RESEARCH AND DE8ELOPMENT-
S'!&& s"!&e n(ustres unts #!r(&/ p&!"e e'p#!ss $n rese!r"# !n( (ee&$p'ent T#e/ "$ntnue
t$ '!nu!"ture t#e s!'e t/pe $ *$$(s, /e!r !ter /e!r T#ere s #!r(&/ !n/ nn$!t$n n pr$(u"t
e!tures, p!"3!*n* !n( s$ $n L!"3 $ rese!r"# !n( (ee&$p'ent n$t $n&/ !e"t t#e +u!&t/ $
7/24/2019 Discusghjs Challenges for Entrepreneur in Manufacturing
2/20
pr$(u"t, !&s$ t#e unts "$ntnue t$ '!3e *$$(s !t #*#er "$st T#ere$re n $r(er t$ 'pr$e
+u!&t/ pr$(u"t e!ture, !n( t$ re(u"e t#e "$st, t#ere s ! nee( t$ un(ert!3e R9 D
:)PROBLEM OF INFRASTRUCTURE
S'!&& s"!&e n(ustres unts !"e ! nu'%er $ nr!stru"tur!& pr$%&e', espe"!&&/ n t#e !re! $
tr!nsp$rt !n( p$.er T#e s'!&& se"t$r unts n t#e rur!& !n( se' ur%!n !re!s !"e t#e .$rst $
nr!stru"tur!& s#$rt!*es As ! resu&t $ p$$r nr!stru"tur!&, t#e $er!&& per$r'!n"e $ s'!&&
se"t$r unts *ets !e"te(
;)POOR 6UALIT5 CONTROL
S$'e $ t#e SSI unts ($ n$t p&!"e 'u"# e'p#!ss $n +u!&t/ "$ntr$& As ! resu&t t#s t#e +u!&t/
$ pr$(u"t *et !e"te( T#s n turn !e"t *$$(.&& $ t#e unts Due t$ pr$%&e' $ +u!&t/, t#e
s!&es $ t#e SSI unts ($ *et !e"te( .#"# n turn '!/ !e"t t#er pr$ts, !n( !t t'es t#e/
#!e t$ !"e #u*e &$sses
p!ns$n .t#$ut pr$per !n!&/ss $ t#e
'!r3et (e'!n( $r t#er pr$(u"t It s est'!te( t#!t :?@ $ t#e nst!&&e( "!p!"t/ s n$t ut&=e(
%/ SSI unts n n(!
) PROBLEM OF PRODUCTION CONTROL-
Entrepreneur !&s$ !"e t#e pr$%&e' $ pr$(u"t$n "$ntr$& T#ere s ! nee( $r per$(" ree. $
pr$(u"t$n !"ttes An entrepreneur 'ust per$("!&&/ '$nt$r t#e pr$(u"t$n t!r*ets t$ n(
$ut .#et#er $r n$t t#e pr$(u"t$n t!3e p&!"e !s per p&!nne( t!r*ets H$.eer, +ute $ten
espe"!&&/ t#e s'!&& entrepreneur ($ n$t *e 'u"# 'p$rt!n"e t$ pr$(u"t$n "$ntr$&, !n(
t#ere$re, t %e"$'es ("u&t $r t#e' t$ !"#ee t#e p&!nne( pr$(u"t$n t!r*ets
7/24/2019 Discusghjs Challenges for Entrepreneur in Manufacturing
3/20
CHALLENGES IN MARKETING
1)C#!&&en*es n p#/s"!& (str%ut$n-
!)Tr!nsp$rt!t$n pr$%&e'-
t#e tr!nsp$rt!t$n nr!stru"ture s er/ p$$r n rur!& n(! T#ere !re rur!&p&!"es .#"# !re n$t
e!s&/ !""ess%&e T#e r!&.!/ !re n!(e+u!te !n( unre&!%&e T#e r$!(.!/s !re n ! p$$r
"$n(t$n, espe"!&&/, (urn* t#e '!ns$$ns In '!n/ In(!n &&!*es t#e pr'te '$(es $
tr!nsp$rt- !n'!& "$rts !re pr$'nent&/ use t$ "!rr/ *$$(s Su"# tr!nsp$rt s t$$ s&$. !n( n
!(e+u!te %e"!use $ su"# pr$%&e', t#e In(!n rur!& '!r3et, espe"!&&/ t#e re'$te !re!s #!e
%een ne*&e"te( %/ In(!n '!r3eter
%)!re#$usn* pr$%&e'
%usness r' n( t ("u&t t$ n( !ppr$pr!te .!re#$usn* !"&tes n rur!& !re!s !&t#$u*#
t#ere !re *$($.ns !!&!%&e %ut t#e/ &!"3 pr$per !"&tes t#!t .$u&( 3eep t#e *$$(s n pr$per
"$n(t$n H$.eer, .!re#$usn* pr$%&e' s n$t s$ ! "ute "$'p!re( t$ tr!nsp$rt pr$%&e'
0)C#!&&en*es $ "#!nne& '!n!*e'ent-
!)pr$%&e' $ 'u&tp&e "#!nne&-
t#e rur!& '!r3et nee(s &$n*er !n( 'u&tp&e "#!nne& Dre"t "#!nne& s er/ ("u&t t$ $per!te
Be"!use $ &$n*er "#!nne& !n( t#e 'u&tp&"t/ $ "#!nne&, t#e "$st $ (str%utn* s +ute #*#
M!n!*n* t#e 'u&tp&e !n( &$n*er "#!nne& s +ute ! "$'p&e> t!s3
%)L'te( s"$pe $r '!nu!"turers $.n $ut&ets-
It s +ute ("u&t $r t#e '!nu!"tures t$ #!e t#er $ut&ets su"# !s s#$.r$$'s, s!&es (ep$ts It
s n$t "$st ee"te !n( !&s$ ("u&t t$ '!n!*e
")Pr$%&e' $ (epen(en"e $n nter'e(!res-
T#e '!r3eters n t#e rur!& !re!s t$ (epen( up$n t$ *re!t e>tent $n t#e ser"es $ t#e
nter'e(!res T#e (epen(en"e $n nter'e(!res s '$re %e"!use $ n$n !%&t/ $ (re"t
7/24/2019 Discusghjs Challenges for Entrepreneur in Manufacturing
4/20
"#!nne& 6ute $ten t#e nter'e(!res !re ne"ent !n( "$rrupt It s ("u&t t$ #!e ! (re"t
"$ntr$& $er nter'e(!res
()L$. (enst/ $ ret!& $ut&ets-
In rur!& In(!, ret!&ers n( t er/ un e"$n$'"!& t$ run (et!& st$res T#s s %e"!use $ se!ttere(
n!ture $ p$pu&!t$n !n( &$. pur"#!sn* p$.er !n( "$nse+uent&/ &$. s!&es turn$er $r t#e
ret!&er Be"!use $ t#s re!s$n ret!&ers $r (e!&ers !re ust n$t !!&!%&e
4)C#!&&en*es $ s!&es$r"e '!n!*e'ents-
It s $ten ("u&t t$ n( sut!%&e s!&es$r"e t$ '!r3et t#e *$$(s n rur!& !re!s T#e s!&es$r"e s
n$t .&&n* t$ .$r3 n rur!& !re!s (ue t$ p$$r !"&tes
-&!"3 $ re"re!t$n !"&tes
-p$.er !&ure
-pr$%&e' $ &$"!& &!n*u!*e
-&!"3 $ tr!nsp$rt !"&tes
7)C#!&&e*es $ '!r3etn* "$''un"!t$n-
!)"$nsu'er re&!te( pr$%&e'- &$. &ter!"/ r!te, &$. pur"#!sn* p$.er, s$"!& %!"3.!r(ness n
rur!& !re!s In(erent !tttu(e t$.!r(s pur"#!se $ "ert!n *$$(s su"# !s p!"3!*e( $$( te',
t$&etres, (eter*ent et"
%)Me(! re&!te( pr$%&e'-
A &!r*e nu'%er $ rur!& #$use#$&( !re n$t e>p$se( t$ $r*!nse( 'e(! &3e ne.sp!per !n(
te&es$n T#ere$re , '!r3eters n( t ("u&t t$ tr!ns't !(ertsn* 'ess!*es
7/24/2019 Discusghjs Challenges for Entrepreneur in Manufacturing
5/20
CHALLENGES OF FINANCE
1)Pr$%&e' n !"+urn* un(-
Entrepreneurs "!n '$%&=e( un( r$' !r$us s$ur"es But #e '!/ !"e ("u&t/ n $%t!nn*
un( r$' $r*!n=e( %!n3n* se"t$r, '!/ %e (ue t$ &!"3 $ se"urt/, "re(%&t/ !n( !&s$ (ue t$
&!"3 $ %!n3 %r!n"#es, espe"!&&/ n rur!& !re!s
0)pr$%&e' $ ret!ne( e!rnn*-
S$'e entrepreneurs '!/ !"e t#e pr$%&e' $ %u&(n* up reseresT#e/ '!/ n$t #!e '!nt!ne(
!(e+u!te resere $r- Gr$.t# !n( e>p!ns$n, Meetn* "$ntn*en"es et"
4)P$$r '!n!*e'ent $ .$r3n* "!pt!&-
An entrepreneur '!/ n$t %e !%&e t$ '!n!*e t#e .$r3n* "!pt!& pr$per&/ T#ere '!/ %e %&$"3n*
$ .$r3 "!pt!& (ue t$ - p$$r "re(t p$&"/ #"# '!/ resu&t n #*#er %!( (e%ts P$$r nent$r/
'!n!*e'ent .#"# '!/ resu&t n $erst$"3n* Due t$ p$$r '!n!*e'ent $ .$r3n* "!pt!&, t#e
entrepreneur '!/ !"e t#e pr$%&e' $ &+u( un(, !n( t#ere$re, #e '!/ n( t ("u&t t$ '!3e
p!/'ent $ '!ter!&s !n( $t#er $per!tn* e>penses
7)P$$r '!n!*e'ent $ >e( "!pt!&-
T#ere '!/ %e p$$r '!n!*e'ent $ >e( "!pt!& (ue t$ un.!rr!nte( '$(ern=!t$n pr$*r!''e
P$$r pur"#!se (e"s$n .t# respe"t t$ > !sset Un(erut&=!t$n $ "ert!n >e( !ssets
:)P$$r (e%t '!n!*e'ent
An entrepreneur '!/ !"e t#e pr$%&e' $ (e%t '!n!*e'ent He '!/ %$rr$. un(s !t #*#
nterest r!tes t$ 'eet t#e n!n"!& re+ure'ent T#e pressure $ rep!/'ent $ prn"p&e !n(
nterest !'$unt '!/ resu&t n urt#er %$rr$.n*s, #en"e !n entrepreneur '!/ "$'e t$ ! stu!t$n
"!&&e( !s (e%t tr!p
;)Pr$%&e' $ "re(t '!n!*e'ent
M$st entrepreneur ($ n$t '!n!*e t#e "re(t pr$per&/ T#e/ $ten ten( t$ pr$(e &$n*er "re(t
per$( .t# t#e ntens$n $ *ener!tn* #*#er s!&es T#e/ !& t$ un(erst!n( t#!t &$n*er t#e "re(t
7/24/2019 Discusghjs Challenges for Entrepreneur in Manufacturing
6/20
per$(, '$re !re t#e "#!n"es $ %!( (e%ts As ! resu&t $ &$n*er "re(t per$(, s$'e entrepreneurs
suer #u*e %!( (e%ts !n( "$nse+uent&/ #!e t$ "&$se t#er %usness unts
CHALLENGES OF HUMAN RESOURCE MANAGEMENT
1)Pr$%&e' n se&e"t$n-
N$r'!&&/, !n entrepreneurs '!/ n$t !($pt ! s"ent" se&e"t$n pr$"e(ure t$ se&e"t '!np$.er $r
#s enterprse Hen"e , t#ere '!/ %e ! p$ss%&t/ $ .r$n* se&e"t$n $ '!n p$.er H$.eer !n
entrepreneur s#$u&( "$ns(er t#e $&&$.n* !"t$r
Apttu(e $r t#e $% , +u!&"!t$n, +u!&tes ,e>peren"e
0)Pr$%&e' n tr!nn*-
S$'e entrepreneur "$ns(er tr!nn* !s .!ste $ t'e !n( '$ne/ T#e tr!ners .#$ n "#!r*e n
'p!rtn* tr!nn* $ten &!"3 t#e e>peren"e !n( +u!&tes $ *$$(s tr!ners +ute $ten ,t#e/ &!"3
pr!"t"!& 3n$.&e(*e T#e 'et#$(s $ tr!nn* $&&$.e( %/ t#e tr!ners '!/ !&s$ %e (ee"te
T#ere s t$$ 'u"# $ e'p#!ss $n t#e$ret"!& "$n"ept r!t#er t#!n pr!"t"!& !spe"t
4)Pr$%&e' n "$'pens!t$n-
S$'e entrepreneurs ($ n$t (es*n ! pr$per "$'pens!t$n p!"3!*e t$ t#e e'p&$/ees T#e/ '!/
%e pr$(e( %etter .$r3n* "$n(t$n t$ t#er e'p&$/ees T#e/ '!/ e>p&$t t#e e'p&$/ees %/
p!/n* t#e' &ess s!&!res
7)Pr$%&e' $ .$r3n* "$n(t$n-
Entrepreneur '!/ n$t pr$(e( %etter .$r3n* "$n(t$n t$ t#er e'p&$/ees T#e/ '!/ %e !
pr$(e( .t# p$$r &*#tn*, ent&!t$n !n( s!nt!t$n !"&tes T#e '!"#nes !n( e+up'ent
$per!te( %/ t#e e'p&$/ees '!/ %e $ut(!te( !n( '!/ n$t %e *$$( .$r3n* "$n(t$n
7/24/2019 Discusghjs Challenges for Entrepreneur in Manufacturing
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:)L!"3 $ .e&!re !"&tes-
Entrepreneurs '!/ n$t pr$(e( pr$per .e&!re !"&tes t#e .e&!re !"&tes n"&u(es
Tr!nsp$rt !"&tes
C!nteen !"&tes
Me("!& !"&tes
Re"re!t$n !"&tes
;)L!"3 $ .$r3ers p!rt"p!t$n-
T#e entrepreneurs '!/ n$t en"$ur!*e .$r3er p!rt"p!t$n T#e (e"s$n !re !&.!/s t!3en %/ t#e
entrepreneur espe"!&&/ n s'!&& unts T#ere '!/ %e n$ +u!&t/ "r"&es !n( !&s$ t#e/ '!/ n$t
nte !n( en"$ur!*e su**est$n r$' t#e e'p&$/ees H$.eer, n$. ! (!/s t#ere s ! nee( t$
"$nsu&t e'p&$/ees !s t#e/ !re "&$ser t$ t#e $%
7/24/2019 Discusghjs Challenges for Entrepreneur in Manufacturing
8/20
0) EPLAIN IN DETAIL OMEN ENTREPRENEURSHIP IN INDIA AND ITS PROBLEM
AND MEASURE
In In(!, .$'en entrepreneur !"e ! nu'%er $ pr$%&e' Ap!rt r$' t#e pr$%&e' !"e %/ t#e
entrepreneur n *ener!& T#e .$'en entrepreneurs #!e t$ !"e "ert!n spe"!& pr$%&e'
A- BUSINESS RELATED PROBLEM
T#e .$'en entrepreneur !"e ! nu'%er $ pr$%&e' !s t#$se !"e( %/ t#e '!&e entrepreneur n
In(!
1)Pr$%&e' $ n!n"e-
N$r'!&&/, .$'en entrepreneur !"e t#e pr$%&e' $ n!n"e T#e/ n( t ("u&t t$ $%t!ne(
.$r3n* "!pt!& !n( >e( "!pt!& r$' t#e $r*!n=e( se"t$r '!n&/ (ue t$ &!"3 $ se"urt/ T#e
%!n3 !re !&s$ re&u"t!nt t$ pr$(e n!n"e t$ .$'en entrepreneur $r t#e e!r $ (e!u&t
H$.eer ,$ &!te t#e stu!t$n #!s "#!n*e(, !n( ! nu'%er $ %!n3 #!e (ee&$pe( spe"!&
n!n"!& s"#e'e $r .$'en enterprses
0)M!r3etn* pr$%&e'-
T#e .$'en entrepreneur !"e t#e pr$%&e' $ '!r3etn* T#e/ n( t ("u&t t$ ne*$t!te .t#
nter'e(!res, !s '!&es ($'n!tes '$st $ "#!nne&s $ (str%ut$n T#e/ !&s$ &!"3 s3&&s n
pr"n* !n( pr$'$t$n H$.eer !t present, .$'en entrepreneurs !re *ettn* supp$rt r$' NGO
!n( *$ern'ent !*en"es n '!r3etn* t#er pr$(u"t
4)Pr$%&e' $ r$. '!ter!&-
T#e .$'en entrepreneurs ($ !"e t#e pr$%&e' $ r$. '!ter!& At t'e, t#ere s s#$rt!*e $ r$.
'!ter!&, .#"# !e"t t#e pr$(u"t$n "/"&e At t'e, t#e +u!&t/ $ '!ter!& s $ ner$r n!ture,
n!( !s su"# t !e"t t#e +u!&t/ $ $utput
7)Pr$%&e' $ te"#n$&$*/-
T#e .$'en entrepreneurs !"e t#e pr$%&e' $ te"#n$&$*/ T#e/ $ten use $ut(!te( te"#n$&$*/
t#s s '!n&/ (ue t$ &!"3 $ un(, !n( &!"3 $ per$r'!n"e $ .$'en enterprses *ets !e"te(
7/24/2019 Discusghjs Challenges for Entrepreneur in Manufacturing
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:)Pr$%&e' $ nr!stru"ture-
Entrepreneurs n *ener!& !"e t#e pr$%&e' $ nr!stru"ture T#e .$'en entrepreneurs !"e t#e
pr$%&e' $ nr!stru"ture $, espe"!&&/ n %!"3.!r( !re!s H$.eer n 11 t#e *$ern'ent $
In(! #!s (ee&$pe( t#e s"#e'e $ nte*r!te( nr!stru"ture (ee&$p'ent s"#e'e n rur!& !re!s
!n( sn"e 0??? n ur%!n !re!s !s .e&&, t$ s$&e t#e pr$%&e' $ nr!stru"ture !"e %/ t#e
entrepreneurs
;)P$$r +u!&t/ "$ntr$&-
T#e entrepreneurs n *ener!& !"e t#e pr$%&e' $ +u!&t/ "$ntr$& T#ere s &!"3 $ e'p#!ss $n
+u!&t/ n '$st t#e enterprses, t#ere$re, t#e s!&e $ s'!&& enterprses t$ *et !e"te(
"ept$n T#e &!%$ur pr$(u"tt/ s &$. (ue t$ p$$r re"rut'ent !n( se&e"t$n, !u&t/
p&!"e'ent, &!"3 $ tr!nn* !n( (ee&$p'ent et"
)L!"3 $ pr$ess$n!& '!n!*e'ent-
In(!n entrepreneurs n"&u(n* .$'en entrepreneurs &!"3 pr$ess$n!& '!n!*e'ent T#e &!"3 $
pr$ess$n!&s' s (ue t$ t#e $&&$.n*
Use $ $ut(!te( te"#n$&$*/
Oer e'p#!ss $n pr$t $%e"te
L!"3 $ s$"!& resp$ns%&t/
P$$r pers$n!& p$&"es et"
7/24/2019 Discusghjs Challenges for Entrepreneur in Manufacturing
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B- GENDER RELATED PROBLEM
$'en entrepreneurs #!e t$ !"e spe"!& pr$%&e' (ue t$ t#er *en(er T#e spe"!& pr$%&e' !"e
%/ .$'en entrepreneurs n In(! !re !s $&&$.s
1)Pr$%&e' $ (u!& resp$ns%&t/-
T#e .$'en entrepreneurs #!e t$ %!&!n"e t#er #$use#$&( &e !n( %usness .$r3 6ute $ten
.$'en entrepreneurs #!e t$ &$$3 !ter t#er #$use#$&( e#$res !p!rt r$' t#e %usness .$r3 In
In(!n s$"et/, t#e &!(/ $ t#e #$use #!s ! s$"!& $%&*!t$n t$ &$$3 !ter t#e (!/ t$ (!/ e#$res $
t#e #$use#$&( Su"# !s "&e!nn*, "$$3n*, "!rn* $r t#e "#&(ren et" !s !r '!&e entrepreneurs
t#e/ "!n "$n"entr!te $n&/ $n %usness .$r3 !n( n$t $n #$use #$&( !spe"t H$.eer $ &!te t#e
s"ene #!s "#!n*e( n In(!, !n( t#e (u!& "!reer "$up&es s#!re '$re $r &ess e+u!&s resp$ns%&t/
$n t#e #$'e r$nt
0)L'te( '$%&t/-
T#e .$'en entrepreneurs #!e &'te( '$%&t/ !s "$'p!re( t$ '!&e entrepreneurs
Busness.$'en nee(s ! *$$( (e!& $ tr!e&&n* $r "$neren"es , 'eetn* ne*$t!t$n, et"
#$.eer t#e !tttu(es t$.!r(s .$'en s %t resere( n In(! F$r nst!n"e, ! sn*&e .$'en
!s3n* $r ! r$$' n ! #$te& st&& &$$3e( up$n .t# susp"$n
4)Pr$%&e' $ e(u"!t$n-
In In(!, .$'en n *ener!& #!e &$. e(u"!t$n !s "$'p!re( t$ 'en In In(!, t#e $er!&& &ter!"/
r!te !s per 0??1 "ensus .!s ;:@ T#e e'!&e &ter!"/ r!te s st&& &$.er T#ere s &!"3 $ %usness
!.!reness !'$n* .$'en espe"!&&/ n rur!& !re!s H$.eer , $ &!te t#s ten( #!s "#!n*e( !n(
e'!&es espe"!&&/ n ur%!n !re!s ($ *et ! *$$( e(u"!t$n n"&u(n* '!n!*e'ent !n( te"#n"!&
e(u"!t$n
7)M!&e-($'n!te( %usness "$''unt/
T#e '!&e entrepreneurs ($'n!te( t#e In(!n %usness "$''unt/ T#ere$re , .$'en
entrepreneurs n( t ("u&t t$ ne*$t!te !n( (e!& .t# %usness'en A&s$ n "ert!n
"$''untes !n( n "ert!n st!tes $'en !re n$t *en e+u!& tre!t'ent !s t#!t $ '!&es !n( !s
su"# entrepreneurs n( t ("u&t t$ $per!te ! %usness un(ert!3n*
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:)L$. rs3 %e!rn* !%&t/-
N$r'!&&/ , .$'en entrepreneurs #!e &$. rs3 %e!rn* !%&t/ T#s s %e"!use, .$'en n In(!
&e!( ! pr$te"te( &e T#e/ !re &ess se& (epen(e( !s "$'p!re( t$ '!&es Se"$n(&/, t#e/ #!e t$
%!&!n"e %et.een #$use#$&( &e !n( %usness .$r3 T#ere$re t#e rs3 %e!rn* "!p!"t/ $
.$'en *ets re(u"e(
MEASURES TO PROMOTE OMEN ENTREPRENEURS-
$'en #!e %een !'$n* t#e '$st (s!(!nt!*es !n( $ppresse( se"t$n $ $ur "$untr/ .t#
re*!r(s t$ !""ess t$ res$ur"es Pr$%&e' !"e %/ t#e' "$ntnue t$ %e *r!e p!rt"u&!r&/ F$r
&&ter!"/ !n( se' &ter!te .$'en $ rur!& !n( ur%!n !re!s S$'e $ t#e 'p$rt!nt s"#e'es $r
.$'en entrepreneur !re !s $&&$.s
1)Entrepreneurs#p (ee&$p'ent Pr$*r!'s-
T$ up*r!(e K&& $ p$tent!& .$'en entrepreneurs, !r$us nsttut$n un(er t!3e
entrepreneurs#p (ee&$p'ent pr$*r!''e T#e entrepreneurs#p (ee&$p'ent pr$*r!''e
en"$ur!*e p$tent!& .$'en entrepreneurs t$ set up s'!&& enterprsess$'e $ tr!nn* !n(
(ee&$p'ent nsttut$n n"&u(e
1)NIESBUD, 0)SIDO, 4)EDII,7)NISIET
0) Spe"!& !.!r(-
A nu'%er $ $r*!n=!t$n n"&u(n* NGO pr$(e spe"!& !.!r( t$ .$'en entrepreneurs n
$r(er t$ '$t!te !n( en"$ur!*e .$'en entrepreneurs $r nst!n"es, s'!&& n(ustres
(ee&$p'ent $r*!n=!t$n #!s nsttute ! spe"!& !.!r( t$ $utst!n(n* .$'en entrepreneurs $
t#e /e!r t$ re"$*n=e "$ntr%ut$n $ .$'en entrepreneurs $ t#e e&( $ %usness (ee&$p'ent
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4) $'en "e&&-
T#e $"e $ t#e (ee&$p'ent "$''ss$ner s'!&& s"!&e n(ustres #!s set up ! .$'en "e&& T#s
"e&& pr$(e !ssst!n"e t$ .$'en entrepreneurs#p !"n* spe"" pr$%&e'
7) S"#e'es %/ SIDBI-
!) '!#&! u(/!n n(#-
.#"# s !n e>"&use s"#e'e $r pr$(n* e+ut/ t$ .$'en entrepreneurs
%) '!#&! 3!s# n(# -
pr$(e .$'en .t# (ee&$p'ent !ssst!n"e $r pursut $ n"$'e *ener!tn* !"ttes T#e
SIDBI !&s$ t!3n* nt!te t$ set up !n n$r'!& "#!nne& $r "re(t nee(s $n s$ ter's *n*
spe"!& e'p#!ss t$ .$'enSIDBI !&s$ pr$(e tr!nn* $r "re(t ut&=!t$n !n( "re(t (e&er/
s3&& $r t#e e>e"ute $ $&unt!r/ $r*!n=!t$n .$r3n* $r .$'en
:)In"$'e *ener!tn* s"#e'e-
T#e (ep!rt'ent $ .$'en !n( "#&( (ee&$p'ents 'p&e'ents t#s s"#e'e It pr$(e !ssst!n"e
$r settn* up tr!nn*-"u'-n"$'e *ener!tn* !"tt/ $r nee(/ .$'en t$ '!3e t#e'
e"$n$'"!&&/ n(epen(ent
;) S"#e'e $ %!n3 $ In(! -
T#e %!n3 $ In(! $per!tes pr/!(!rs#!n /$!n! $r t#e %enet $ .$'en entrepreneurs un(er
t#s s"#e'e, t#e %!n3 #!s !pp$nte( entrepreneur!& (ee&$p'ent "$use&&er !t eer/ =$n!& $"e
t$ pr$(e n!n"!& !ssst!n"e t$ .$'en entrepreneurs t#e "$unse&&er pr$(es *u(!n"e t$
ut&=e un( $r pr$(u"te purp$se
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)Pr$(u"t$n *r!nt-
$'en entrepreneurs "!n $%t!n ! *r!nt $r settn* up ! pr$(u"t$n unt r$' "entr!& s$"!&
.e&!re %$!r( T#s *r!nt $r !!&!%&e un(er s$"$-e"$n$'" pr$*r!''e $ t#e %$!r( T#e
"entr!& s$"!& .e&!re %$!r( !&s$ pr$(es tr!nn* !n( e>tens$n ser"e t$ .$'en
entrepreneurs
4)HAT ARE THE CHALLENGES AND OPPORTUNITIES IN RURAL
ENTREPRENEURSHIP
C#!&&en*es $r rur!& entrepreneurs#p
A- M!r3etn* re&!te( "#!&&en*es-
1) Tr!nsp$rt!t$n pr$%&e'-
T#e tr!nsp$rt!t$n nr!stru"t$n s er/ p$$r n rur!& !re!s In In(! t#ere !re rur!& p&!"es .#"#
!re n$t e!s&/ !""ess%&e T#e r!&.!/ !re n!(e+u!te !n( un re&!%&e T#e r$!(.!/s !re n !p$$r
"$n(t$n espe"!&&/, (urn* t#e '$ns$$ns In '!n/ In(!n &&!*es t#e pr'te '$(es $
tr!nsp$rt- !n'!& "!rts !re pr$'nent&/ use( t$ "!rr/ *$$(s Su"# tr!nsp$rt s t$$ s&$. !n(
n!(e+u!te %e"!use $ su"# pr$%&e', t#e In(!n rur!& '!r3et espe"!&&/ t#e re'$te !re!s #!e
%een ne*&e"te( %/ In(!n '!r3eters
0)!re#$usn* pr$%&e'-
Busness r's n(s t ("u&t t$ n( !ppr$pr!te .!re#$usn* !"&tes n rur!& !re!s A&t#$u*#
t#ere !re *$($.ns !!&!%&e %ut t#e/ &!"3 pr$per !"&tes t#!t .$u&( 3eep t#e *$$(s n pr$per
"$n(t$n #$.eer, .!re#$usn* pr$%&e' s n$t s$ !"ute !s "$'p!re( t$ tr!nsp$rt pr$%&e'
4)Pr$%&e' $ 'u&tp&e "#!nne&-
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T#e rur!& '!r3et nee(s &$n*er !n( 'u&tp&e "#!nne& Dre"t "#!nne& s er/ ("u&t t$ $per!te
Be"!use $ &$n*er "#!nne& !n( t#e 'u&tp&"t/ $ "#!nne&, t#e "$st $ (str%utn* s +ute #*#
'!n!*n* t#e 'u&tp&e !n( &$n*er "#!nne& s +ute ! "$'p&e> t!s3
7)L$. (enst/ $ ret!& $ut&ets-
In rur!& In(! ret!&er n( t er/ une"$n$'"!& t$ run ret!& st$res T#s s %e"!use $ se!ttere(
n!ture $ p$pu&!t$n &$. pur"#!sn* p$.er !n( "$nse+uent&/ &$. s!&es turn$er $r t#e ret!&er
Be"!use $ t#s re!s$n ret!&er $r (e!&er !re ust n$t !!&!%&e
:)Pr$%&e' $ s!&es $r"e '!n!*e'ent-
It s $ten ("u&t t$ n( sut!%&e s!&es $r"e t$ '!r3et t#e *$$(s n rur!& !re!s T#e s!&es $r"e
s n$t .&&n* t$ .$r3 n rur!& !re!s (ue t$ p$$r !"&tes
L!"3 $ re"re!t$n !"&tes
P$.er !&ure
Pr$%&e' $ &$"!& &!n*u!*e
L!"3 $ tr!nsp$rt !"&tes et"
;)Pr$%&e' $ '!r3etn* "$''un"!t$n
2"$nsu'er re&!te( pr$%&e'
L$. &ter!"/ r!te
L$. pur"#!sn* p$.er
S$"!& %!"3 .!r(ness n rur!& !re!
In(erent !tttu(es t$.!r(s pur"#!se $ "ert!n *$$(s su"# !s p!"3!*e $$( te', t$&etres,
(eter*ent et"
2'e(! re&!te( pr$%&e'-
7/24/2019 Discusghjs Challenges for Entrepreneur in Manufacturing
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A &!r*e nu'%er $ rur!& #$use #$&( !re n$t e>p$se( t$ $r*!n=e( 'e(! &3e ne.sp!per !n(
te&es$n t#ere$re '!r3eter n( t ("u&t t$ tr!ns't !(ertsn* 'ess!*e
Fn!n"e re&!te( "#!&&en*es
1)Pr$%&e' n !"+urn* un(-
Entrepreneurs "!n '$%&=e( un( r$' !r$us s$ur"es But #e '!/ !"e ("u&t/ n $%t!nn*
un( r$' $r*!n=e( %!n3n* se"t$r, '!/ %e (ue t$ &!"3 $ se"urt/, "re(%&t/ !n( !&s$ (ue t$
&!"3 $ %!n3 %r!n"#es, espe"!&&/ n rur!& !re!s
0)P$$r '!n!*e'ent $ .$r3n* "!pt!&-
An entrepreneur '!/ n$t %e !%&e t$ '!n!*e t#e .$r3n* "!pt!& pr$per&/ T#ere '!/ %e %&$"3n*
$ .$r3 "!pt!& (ue t$ - p$$r "re(t p$&"/ #"# '!/ resu&t n #*#er %!( (e%ts P$$r nent$r/
'!n!*e'ent .#"# '!/ resu&t n $erst$"3n* Due t$ p$$r '!n!*e'ent $ .$r3n* "!pt!&, t#e
entrepreneur '!/ !"e t#e pr$%&e' $ &+u( un(, !n( t#ere$re, #e '!/ n( t ("u&t t$ '!3e
p!/'ent $ '!ter!&s !n( $t#er $per!tn* e>penses
4)P$$r '!n!*e'ent $ >e( "!pt!&-
T#ere '!/ %e p$$r '!n!*e'ent $ >e( "!pt!& (ue t$ un.!rr!nte( '$(ern=!t$n pr$*r!''e
P$$r pur"#!se (e"s$n .t# respe"t t$ > !sset Un(erut&=!t$n $ "ert!n >e( !ssets
7)P$$r (e%t '!n!*e'ent
An entrepreneur '!/ !"e t#e pr$%&e' $ (e%t '!n!*e'ent He '!/ %$rr$. un(s !t #*#
nterest r!tes t$ 'eet t#e n!n"!& re+ure'ent T#e pressure $ rep!/'ent $ prn"p&e !n(
nterest !'$unt '!/ resu&t n urt#er %$rr$.n*s, #en"e !n entrepreneur '!/ "$'e t$ ! stu!t$n
"!&&e( !s (e%t tr!p
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:)Pr$%&e' $ "re(t '!n!*e'ent
M$st entrepreneur ($ n$t '!n!*e t#e "re(t pr$per&/ T#e/ $ten ten( t$ pr$(e &$n*er "re(t
per$( .t# t#e ntens$n $ *ener!tn* #*#er s!&es T#e/ !& t$ un(erst!n( t#!t &$n*er t#e "re(t
per$(, '$re !re t#e "#!n"es $ %!( (e%ts As ! resu&t $ &$n*er "re(t per$(, s$'e entrepreneurs
suer #u*e %!( (e%ts !n( "$nse+uent&/ #!e t$ "&$se t#er %usness unts
Hu'!n res$ur"e '!n!*e'ent
1)Pr$%&e' $ se&e"t$n $ '!np$.er-
N$r'!&&/, !n entrepreneurs '!/ n$t !($pt ! s"ent" se&e"t$n pr$"e(ure t$ se&e"t '!np$.er $r
#s enterprse Hen"e , t#ere '!/ %e ! p$ss%&t/ $ .r$n* se&e"t$n $ '!n p$.er H$.eer !n
entrepreneur s#$u&( "$ns(er t#e $&&$.n* !"t$r
Apttu(e $r t#e $% , +u!&"!t$n, +u!&tes ,e>peren"e
0)Pr$%&e' $ tr!nn* '!np$.er-
S$'e entrepreneur "$ns(er tr!nn* !s .!ste $ t'e !n( '$ne/ T#e tr!ners .#$ n "#!r*e n
'p!rtn* tr!nn* $ten &!"3 t#e e>peren"e !n( +u!&tes $ *$$(s tr!ners +ute $ten ,t#e/ &!"3
pr!"t"!& 3n$.&e(*e T#e 'et#$(s $ tr!nn* $&&$.e( %/ t#e tr!ners '!/ !&s$ %e (ee"te
T#ere s t$$ 'u"# $ e'p#!ss $n t#e$ret"!& "$n"ept r!t#er t#!n pr!"t"!& !spe"t
4)pr$%&e' $ per$r'!n"e !ppr!s!&-
Entrepreneurs !& t$ un(erst!n( t#e un(erst!n( t#e %enets $ per$r'!n"e !ppr!s!& T#ere s
#!r(&/ !n/ per$r'!n"e !ppr!s!& n s'!&& r's S$'e unt '!/ prep!re( $n&/ "$n(ent!&
rep$rt H$.eer ,t '!3es sense t$ un(ert!3es per$r'!n"e !ppr!s!& $n per$(" %!ss t$ &et t#e
e'p&$/ee 3n$. t#er stren*t# !n( .e!3nesses
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M!nu!"turn* "#!&&en*es
1)Pr$%&e' $ r$. '!ter!&-
2)S#$rt!*e $ r$. '!ter!&- s'!&& s"!&e n(ustres unts !"e t#e pr$%&e' $ s#$rt!*e $ r$.
'!ter!& !n( !s su"# t#e pr$(u"t$n "/"&e *ets !e"te( .#"# n turn "re!te pr$%&e' $r (&er
$ *$$( n t#e '!r3et
2)P$$r +u!&t/ $ r$. '!ter!&- !t t'e $ s'!&& s"!&e n(ustres unts #!e t$ !"e t#e pr$%&e' $
+u!&t/ $ r$. '!ter!& !n( $t#er nputs As ! resu&t $ t#s t#e +u!&t/ $ pr$(u"t$n *ets !e"te(
.#"# n turn !e"t s!&es !n( reenues
0)Use $ $ut(!te( te"#n$&$*/
S'!&& s"!&e n(ustres unts use $ut(!te( te"#n$&$*/ A *$$( nu'%er $ t#e' pur"#!se se"$n(
#!n( '!"#ner/ T#e use $ $ut(!te( te"#n$&$*/ !e"te(
6u!&t/ !n( +u!ntt/ $ pr$(u"t$n n"re!ses t#e "!ste, (ue t$ n"re!se n .!st!*e, &$ss (ue t$
%re!3($.n, #*# '!nten!n"e $ '!"#nes et"
4)Pr$%&e' $ nr!stru"ture
S'!&& s"!&e n(ustres unts !"e ! nu'%er $ nr!stru"tur!& pr$%&e', espe"!&&/ n t#e !re! $
tr!nsp$rt !n( p$.er T#e s'!&& se"t$r unts n t#e rur!& !n( se' ur%!n !re!s !"e t#e .$rst $
nr!stru"tur!& s#$rt!*es As ! resu&t $ p$$r nr!stru"tur!&, t#e $er!&& per$r'!n"e $ s'!&&
se"t$r unts *ets !e"te(
7)P$$r +u!&t/ $ r!. '!ter!&-
At t'e s'!&& s"!&e n(ustr/ unt #!e t$ !"e t#e pr$%&e' $ +u!&t/ $ r!. '!ter!& !n( $t#er
nputs As ! resu&t $ t#s t#e +u!&t/ $ pr$(u"t$n *ets !e"te( .#"# n turn !e"t s!&es !n(
eenues
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OPPORTUNITIES IN RURAL ENTREPRENEURSHIP
Rur!& entrepreneur #!e ! nu'%er $ $pp$rtuntes n seer!& !re!s S$'e $ t#e $pp$rtuntes
!re !s $&&$.s
1)Rur!& (ee&$p'ent pr$e"t-
T#e *$ern'ent un(ert!3es ! nu'%er $ rur!& (ee&$p'ent !"ttes su"# !s "$nstru"t$n $
r$!(s, #$usn*, .!ter supp&/,rr*!t$n pr$e"t, rur!& e&e"tr"!t$n et" T#e rur!& entrepreneur
"!n t!3e su%- "$ntr!"t r$' t#e *$ern'ent t$ un(ert!3e rur!& (ee&$p'ent !"ttes
0)M"r$ unts-
S'!&& entrepreneurs "!n set up '"r$ unts su"# !s "!rpentr/ .$r3s, s'!&& en*neern* .$r3 !n(
s$ $n N$.(!/s "entr!& !n( st!te *$t pr$(es ! &$t $ n"entes !n( supp$rt t$ set up se&
e'p&$/'ent pr$e"t n rur!& !re!s T#e '"r$ unts n$t $n&/ #e&p t$ *ener!te-se& e'p&$/'ent,
%ut !&s$ e'p&$/'ent t$ rur!& pe$p&e t#!t n$r'!&&/ !"e se!s$n!& $r (s*use( une'p&$/'ent
4)Dee&$p'ent $ t$urs' se"t$r-
S$'e $ t#e rur!& !re!s pr$(e ! r"# s$ur"e $ t$urst !ttr!"t$n espe"!&&/ .!tter !&&s, .&( &e
!n( s$ $n T#ere$re t#ere s ! *$$( s"$pe $r entrepreneurs n rur!& !re!s n respe"t $
rest!ur!nt, tr!nsp$rt $per!t$n !n( s$ $n
7)Her%!& pr$(u"ts
Rur!& !re!s pr$(es ! r"# s$ur"e $ #er%s .t# t#e #e&p $ #er%!& rese!r"#, rur!& entrepreneurs
"!n pr$(u"e ! nu'%er $ #e!&t# re&!te( #er%!& pr$(u"ts T#ere$re entrepreneurs '!/ set up
rese!r"# unts t$ '!nu!"tures #er%!& re&!te( pr$(u"t
:)F$$( pr$"essn* n(ustr/-
Rur!& !re!s pr$(u"e ! nu'%er $ $$( "r$ps 8&&!*es !&s$ "$&&e"t $rest pr$(u"e( su"# !s #$ne/
T#ere$re ,rur!& entrepreneur "!n set up $$( pr$"essn* n(ustres su"# !s '!3n* !',
#$ne/,t$'!t$ 3et"#up, ruts u"es et"
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;)R!. '!ter!& n(ustr/-
Rur!& !re!s pr$(es ! *$$( s$ur"e $ r!. '!ter!& su"# !s 'ner!&s $res, &'est$ne, !n( s$ $n
T#ere$re rur!& entrepreneur "!n set up pr'!r/ n(ustr/ su"# !s 'nn*, (r&&n* et" t#e/ "!n
!&s$ pr$(e ser"es su"# !s tr!nsp$rt!t$n $r tr!nsp$rtn* t#e r!. '!ter!&s r$' t#e 'nes,
stes t$ t#e p&!"e $ '!nu!"turn*
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