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Management Development Institute

Dylan D'Souza
Thursday, January 22, 2015
Dylan D'Souza
According to the World Bank, the number of new businesses registered from India between 2010 -2014 was close to one lakh. This statement signifies the number of individuals or groups of individuals taking the Entrepreneurial plunge. In the hopes of increasing this number, the government of India has decided to setup numerous incubation centers around the country to encourage more young graduates to take up entrepreneurship.

Despite the efforts made by the government, the young entrepreneurs are still unsure of how to sustain their businesses. In the year 2013 almost 36 percent of such companies failed, as they were not able to sustain themselves and were forced to close shop. The people running these companies did not receive the necessary guidance when needed. Hence, many of them have quit their entrepreneurial dreams and are now pursuing normal jobs.

Management Development Institute (MDI) which is one of India's premier B-Schools has taken a very keen interest in Entrepreneurship. Located in Gurgaon, the institute is constantly focusing on empowering and guiding the graduates to gain the necessary knowledge and skills to start and run a successful enterprise. While the institute is frequently churning out management professionals with exceptional knowledge, it has already started to grant the past, present and the future management professionals with the power to start their own ventures and in turn creating more jobs in the industry.

"We at MDI consistently provide our students with the platform to become a successful Entrepreneur," says Prof. CP Shrimali, Acting Director at MDI and Entrepreneur. It is not surprising to note that some of the MDI alumni like Anurag Batra - Founder of exchange4media.com, Neeraj Biyani � Co-Founder at Hector Beverages and Pankaj Guglani � Founder and CEO at RedQuanta are some of the successful Entrepreneurs with businesses that are flourishing in the world today.

Training Graduates to Become Better Entrepreneurs


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