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50% subsidy for dhabas in Bihar; boost to tourism, and business along the highways!
50% subsidy for dhabas in Bihar; boost to tourism, and business along the highways!
Patna: it would seem that the Bihar government is learning its lessons in encouraging entrepreneurs, industries and businesses in Bihar. Instead of invariably wooing big players, the government has now begun to give due attention to the smaller ones with the awareness that numerous small beginnings are more worthwhile and at any rate more feasible in Bihar at this point. The power situation, the scarcity of land and other infrastructural issues certainly put obstacles in front of the bigger schemes,...
The story of SIS, a Bihar-based company: how father-son duo from Bihar took it to new heights!
The story of SIS, a Bihar-based company: how father-son duo from Bihar took it to new heights!
RK Sinha founded security service provider SIS (India) in 1974 in Bihar. Down the years in 2008, his son wanted the Rs 150-crore company to buy an Australian security firm Chubb that was over seven times bigger in revenues. Not surprisingly, none of the senior officials at SIS were enthusiastic. Rituraj, the son was faced with questions: “Who would give us money to make the acquisition? Do we have the management bandwidth to handle such a huge company?” Rituraj admits, “I...
500 Mumbai entrepreneurs coming back to Bihar : can this become a trend?
500 Mumbai entrepreneurs coming back to Bihar : can this become a trend?
Mumbai: meet Saeed Khan, a Dharavi-based micro-entrepreneur, a school dropout from Aurangabad district in Bihar who has made it in life. Way back in 1979 Khan arrived in Mumbai and found work as a salesman at a shoe shop for some months. Soon, after apprenticing with a metal melting unit in Dharavi, he rented his own room and started manufacturing metal buckles for belts.
Khan has come a long way since and has grown into one of India’s leading high-end buckle manufacturers. His products can be found on display...
Batras [बतरस]-How I found my own definition of an entrepreneur?
Batras [बतरस]
How I found my own definition of an entrepreneur?
By Ratnakar Tripathy
I can well understand the human tendency to emulate the bigger, the better, the more charming, and the more successful to the point of mimicry! A young girl in the privacy of her bath may feel like the latest edition of Aishwarya Rai while using a certain brand of conditioner of something or the other. So why spoil her innocent delusion? During my brief and highly productive and enjoyable stint at a management institute, I was struck by a tendency among the brightest students to read books like...
C L Pandit’s Nidhi Knitwear pvt ltd: a Bihari entrepreneur’s success story from Ludhiana
C L Pandit’s Nidhi Knitwear pvt ltd: a Bihari entrepreneur’s success story from Ludhiana
Ludhiana: a report in the local press in Ludhiana has brought to light one more success story from Bihar. Chhote Lal Pandit, now 40 migrated to Ludhiana from Siwan district of Bihar in 1992. Two years after his arrival, Pandit started working for Rs 1,200 per month. Today Pandit is the owner of Rs 22 crore-turnover company Nidhi Knitwear Private Limited.
Pandit’s beginnings are steeped in hardships. His father died when he was only 8 years old. A family of six, his mother, four brothers and a...