VIJAYAWADA: Andhra Pradesh, with its abundant natural resources, fertile land and river basins and conducive agro-climatic conditions and industry-friendly government policies, offered good scope for entrepreneurship in the state, according to 27-year-old Sadineni Yamini, a successful woman industrialist of the state and a member of AP Skill Development Advisory Board.
She stated this while representing the Government of Andhra Pradesh at the annual ‘All Ladies League (ALL) Women Economic Forum Global Retreat in Goa from May 7 to 11.
As many as 300 woman delegates from 25 countries participated in the global retreat, where the ALL organised 100 sessions on various topics regarding the opportunities for woman entrepreneurs across India.
Regarding the opportunities for woman entrepreneurs in the residuary AP, Yamini said that many young women were showing interest to set up their own industries in agriculture, manufacturing and other sectors.
Women and youngsters should utilise the opportunity being provided by the government to enhance their entrepreneurship skills and to gain adequate knowledge about the industrial policy.
“However, lack of creative and innovative ideas for start-ups is a major drawback in the state. Due to lack of research and also the gap between the theoretical and practical approach, entrepreneurship development in Andhra Pradesh is being affected,” she pointed out.
“Research work will mainly help youngsters to get creative and innovative ideas. Though, we have many successful entrepreneurs in our region, we have not experienced large-scale innovation like in foreign countries so far.
The ideology of youngsters should be changed and the importance of research work should be enhanced”, Yamini said.