Entrepreneur New

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ENTREPRENEUR

DEVELOPMENT

Being in right place in right time

A workshop at J.J College of Engineering, Trichy

10th Feb 2010

by

K . Jothi shankar



Who is an Entrepreneur

Anyone who think, start and develop his/her

methodology to earn a definite profit and also provide jo bs for few is identified as

E ntrepreneur



Anybody can become an entrepreneur on one¶s well

Provided

He/she has the following qualities



Qualities required to become

an Entrepreneur

1. Vision ± what he/she is going to be in say five years2. Mission ± way of getting the ideas put into work

3. Resource augmentation ± Mo bilization of the fund needed

4. Patience to work with a team

5. Endurance to sustain the pit falls

6. Further development - may be small but definite growth all

around



Identification of project

1. Depending on the idea, the project area can be shifted

2. Depending on the place the project can be correctly chosen



Flourishing projects - areawise in

TamilNadu

2. Salem - Yarn, spinning mills, textiles, export

quality cloth, garments. Hu b for school

education

1. Trichy ± Best welding industr y hu b in Asia,

mother industries like BHEL

3. Namakkal ± Lorr y, bus body building, transport

operation, cattle fields, breeding of

layers & broiler chicken. Of late

developing as school education hu b



4. Erode ± Agri based products like turmeric,

textile center, textile processing like

dying and printing, paper boards

5. Tiruchenchengodu ± Bore well drilling machines and

allied industries

6. Coimbatore ± Spinning mill, foundr y, pump

industr y, centre for higher educationin engineering and medicine

7. Sivakasi ± Fire works, match boxes,

finest offset printing



8. K arur ± Export quality house hold furnishing

9. K adalur - Boat building

10. Nagapattinam - Ice plants, aqua culture, fish processing

11. Tutucorin ± Salt production, chemical fertilizer,

rare earth (Thorium, Titanium)

8. Nagarcovil &

kanyakumari ± Raw ru bber products, rare earths(Thorium)13. Thiruvarur &

Thanjavur - Modern rice mill

14. Ariyalur - Cement industr y



15. Vilupuram &

Neyveli ± Porcelain, ceramic, vitrified tiles,

refractories16. Dharmapuri ± silk reeling, fruit pul b procesing,

granite quarries

16. South arcot ± Cashew processing

17. North arcot ± Tanneries, shoe upper

18. Chengalpattu ± Automo biles

19. K anchevaram ± Silk sarees, zari production,

higher education



21. Chennai ± Software, automo biles, electronic industries,

pharmaceutical,

centre of excellence in higher education

22. Ooty ± Tea processing industries



To develop an industr y1. Idea on product development

2. Land ± own/lease hold industrial estate best suited

3. Power4. Machineries

5. Raw materials

6. Skilled labour

7. Skilled supervisors

8. Pollution control

9. Bank

10. Marketability of finished products



ENERGY AND FI NANCE:REASON FOR THE TWO TOPICS HAND I N HAND:

Energy conservation leads to finance earnings toorganisation(eg. Usage of CFL bulbs reduce the cost)

ENERGY FOCUS:By 2030 energy demand in power sector is 6,25,000MW

Our fullfilment till date is 1,30,000MW,



REASON FOR SUDDEN OUTBURST IN

POWER DEMAND:

y Lack of planning is prime, more mechanisationin all fileds using current, availability of financial support for mechanisation at all levels

y

BRIM countries and china has growingeconomy, more investments in all fieldsdemands more power,

y Growing population, changing lifestyles(

inclusions of more machines in home),y Increased recreational facilities( development of

huge multiplexes, malls)



REASON FOR SUDDEN OUTBURST IN POWER DEMAND:

y Exploration of fuels like asias largest coal mines in

uttar pradesh and uttaranchal brings developments asin neyveli,

y Offshore exploration of natural gas and oil throughNELP block tenders has to be used and one answer is

to produce power,y Wastage of produced power by theft, long

transmission lines, purposeless wastage(leaving lightsand fan switched on in social areas),

y Production of power by wind energy at one place, caneither be sold to EB or compensated to yourorganisations demand located in the same state,



RECENT TRENDS IN POWER SECTOR:

y Till 2007 125MW, 250MW, 500MW were

the commercial boilers available, for1200MW more units need to beconstructed,

y Recently BHEL has come up with

600MW Barh and tuticorin units,y BHEL tied up with Siemens for 800MW

technology( Super critical boiler ),

y 600MW are now competed by even

L&T, hence faster completion requiredas projects carried out under highinterest rates, hence earning out fromthem earlier books profit,



ANSWER TO BR IDGE THE GAP:More power generation units at reduced cost by

thermal,

Wind farms,

Hydroelectricity,

Nuclear plants,

Cogeneration units

Local generation by diesel generation sets,

Power generation by alternative fuels like LSHS,biogas, biomass,

Transmission lines can be made by DC system usingDC transformers as in developed countries,



COGENERATION UNITS: Company might require high temp. heat for its productivity like heat to

dry klinkers in cement industry, heat to dry wet sugar in sugar industry,steam to dry processed textile material,

Waste heat after productive application is recovered and reheated toproduce steam to drive generator coupled turbines,

Planning is done to satisfy the plants demand,

REASON:

Most of the times the waste from the plant is the fuel, min. fuel cost,

Power unit is of lower capacity hence waste heat posses more than

50% energy to drive it, Plant becomes self sufficient,



ALTERNATIVE FUELS: A lways combustion by coal raises cost,

Burners capable to burn saw dust, dried crops,sugarcane bagasses, biomass, biogas are used,

In sugar factories after crane crushing bagasses areused for heating,

In villages long transmission lines post a problem of wastage, biogas is the good alternative. Produced fromemulsification of animal and human dung, themethane gas produced runs the gas turbines,

Biomass fuel is a mixture of saw dust, dried crops,sugarcane bagasses and items like these. Calorific

value we get is high from this,



ALTERNATIVE FUELS:

REASON:Cheap fuel,

min. pollution, clean fuel, cheaper cost of production

Perennial supply of some form of fuel caters the need,



WI ND ENERGY: A fter the copenhagen meet, PM wants to establish

20000MW in india by 2022, In developed countries, wind mills are set inside the

shallow sea few kms from shore,

Non polluting fuel,

NUCLEAR PLANTS:Companies like GE-Hitachi, A reva, Toshiba are planning to

set up light water reactors in gujarat and andhra pradesh,

High calorific value from small fuel,

Compact size plant,



THREATS TO POWER SECTOR :Strict emmission norms as in developed countries,

Lack of supply fuels like coal to thermal units, lack of wind, water due to seasonal changes might upset the generation,

Frequent wear and tear of parts especially in thermal unitsas more mechanical components,

SOLUTIONS:Our country is carbon trading, hence strict emmission

norms wouldnt affect us,

Energy is being derived from non-renewable sources,

hence almost equal distribution is present,

Our countrys major component contributor BHEL is anexpert, any time availability of spares can be done, moredifferent alloy and stainless steel items are used to reduce

the wear and tear,



OPPORTUNITIES I N ENERGY:Orders getting delayed but power demand on

steep rise,

Companies already producing power arestepping up additional facilities at reduced

time,Neighboring country china has more cheaper

power equipments at reduced interest ratesthrough chinese banks,

Faster completion of projects through speedy supply of quality components is the key andcan be achieved by increased number of

vendors,



OPPORTUNITIES I N TR ICHY: BHEL is main source to many companies,

Job works to be done as per their design using their material,

Jobs weight vary from 50Tons to 50 gms,

Choose the jobs according to the design understandability, inhousefacilities, rate and volume of the order,

BHEL, trichy concentrates on boiler drum and its mechanicalreinforcements ranging from foundation columns, bracings, crossmember beams, pressure part panels, hangers and tie rods, alloy andstainless steel structures,

Thermax, L&T, have setup offices in trichy to cater their project withcomponents from us,

Windmill supporting tower orders by suzlon, Vestas are in surplus where large handling facilities are required,

Railways machining orders to supply engine cranks, shafts and dieselloco engine internals,

BHEL valves ranging from 2 to 16 are worldwide famous, longpending orders for machining, assembling and testing are present,



FI NANCE: A ny organisations finance is key role,

Loans from banks should be analyzed for interest rates,repayment period and repayment terms and conditions,

Chinese banks offer more money at reduced rates butequipments should be purchased from them,

A financial magazine providing solutions to families in debts,

suggest that funds to be invested in mutual funds, shares andshare related assets as growth is at 16% average against yourdebt interest rate at 14%-15%,

Discussions with financial experts and institutions necessary,

Experts from barclays say that developing countries like india

may face a market downfall, as some companies here trying forterritorial expansion may sell off their reserve shares and assetsto gain funds for the acquisition, if decent number of companies does like this their shares may be available atcheaper rates bringing the share market index down,



FI NANCE: To be an enterprenur, first undertake all the basic works in

your organisation without dignity, Present yourself even to basic activities initially to learn how it

gets done,

Pay attention to all govt activities and papers, learn thesubsidies available and try to benefit for your organisation,

Understand all the areas from finance, purchase, stocks toproduction,

Strict in your payments, keep always a check to crossconfirm your payments and decissions,

Keep track of your banks transactions, to see whether any

computer errors or wrong debits are done, See that even in worst conditions your organisation should

stand financially for the next 2-3 months,

Many organisations not strict in their finance have lost theirbusiness even when the market demand is good,



FI NANCE: Think innovatively and cost effectively for all the problems,

In case of soap industry in japan, QC want to check any empty cartoon box moves in assembly line, suggested: x ray machine,cost effective:fan with speed to blow away empty box,

For space expeditions, source for writing notes, suggested: nongravity flowing ink pen by US, cost effective:pencils by russians,

In case of electronic goods dealers bulk discounts are given atfestive season to increase volume sales thereby demanding bulkdiscount from their manufacturers, hence they gain what they have lost,

In the mobile chain group, univercell, company has tied up with

small software firms, to sell anti theft softwares and softwares toreceive emails as sms even in cheaper non GPRS handsets, hencesolutions under one roof is the key for their volume,

Keep track of your companys monthly expenses, analyze the area where more expenditure occurs, try to minimize it, calculate whether you gain from the business,



FI NANCE: Everyone must learn to do investments in shares, mutual funds, share

related assets, atleast as paper works at college levels,Understand the market behaviour, peoples trend nowadays is to buy

and not to save,

Mentality should change to save, invest in market so that this goodpractice would help at any times,

Careful investments in gold, shares, land, mutual funds, dollars shouldbe planned as according to market conditions and predictions,



TO BE AN ENTERPRENUR : Vission, Mission, resource augmentation required,

Identification of the correct order after several analysis necessary, A few years experience in any business under an effective leadership

necessary,

Exposure at all level functioning in your organisation necessary,

Constant monitoring and sudden cross checks at all levels in your

organisation necessary, Read more, collective different ideas, attend more seminars and

meetings,

Keep weekly updates of your activities, take decissions collectively,



ASSEMBLING A DUCT OF ALLOY STEEL GR 12:



ASSEMBLING DUCT OF ALLOY STEEL 7M:



DUCT ASSEMBLED AT SITE:

DUCT



PLUS COLUMN ASSEMBLED AT SITE:

bracings

Foundation plus column Cross member cut to

suit beams



HOPPER DUCT AT SITE:

Hopper duct

assembled inverted for coal handling system



THANK YOU

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