VISAKHAPATNAM: City police commissioner Amith Garg urged the students to survey the current market and bring out products with an innovative edge, while addressing the Exordia’16, entrepreneurship conclave organised by IIM Visakhapatnam in collaboration with NSRCEL (NS Raghvan Centre for Entrepreneurial Learning) of IIM Bangalore in the city on Friday. “More thorough the market survey you conduct, better are the chances for your product to succeed. Every startup should keep in mind that, government is your most important client, so any product or idea you develop should meet the crying needs of our nation,” CP added.
Meanwhile, addressing students at the conclave, Sumita Dawra, principal secretary, Higher Education Department said that, it was government’s responsibility to nurture local talents, encourage employability and create a right ecosystem to the budding entrepreneurs.
“We have been training students of government colleges in tribal areas like Araku, to bring the local-made products into the global platforms, using technology,” Sumita added.
She also advised Andhra University and other colleges to conduct ‘Demo Day’ to bring the innovative side of the students into limelight.
Chairperson of Entrepreneurial Ecosystem Development at NSRCEL, IIM Bangalore, Prof Suresh Bhagavatula said: “Startups in India are busy copying the ideas rather than researching on growing technology. It is always advisable to avoid repetition and develop something that will survive for a longer period of time.”
The conclave became a platform for students to present innovative ideas to experts from NSRCEL. NSRCEL Mentor Nagaraja Prakasam, founder of Saahas, a social venture, Wilma Rodrigues, founder of Maple Software Shiv Kumar, founder of F5 Escapes, an alternative travel company, Malini Gowrishankar and DGM of Andhra Bank Vijayalakshmi also spoke.