SCOPE OF ENTREPRENEURSHIP IN ANDHRA PRADESH

Entrepreneurship capacity and willingness to develop, organize, and manage a business venture along with any of its risks in order to make a profit.

people who have the skills and initiative necessary to take good new ideas to market and to make the right decisions that lead to profitability

Entrepreneur

• Both the states are well-connected through highways , railways and airways and decently established infrastructure.

• Rich culture, tourism canters around, monuments, forts, waterfalls and religious destinations

• No adverse Climatic conditions. Long summer, pleasant winter and generous monsoon.

• Pre-division also the state was Entrepreneur friendly.• Separated states Telangana and Andhra Pradesh fight to attract young

companies with sops and incubator promise

CED : Centre of Entrepreneurship Development• CED was inaugurated on 13th December 2003 by Dr. APJ

Abdul Kalam , the President of India.

• CED aims at initiating training and research on problems on development that must be solved for realizing planned objectives.

• CED acts as a liaison between Government and Entrepreneurs by providing necessary information and helps women entrepreneurs by providing necessary consultancy.

ALEAP : Association of Lady Entrepreneurs of AP• Vision :To become a center of excellence for

development of women entrepreneurship.

• Mission :To be the empowering agent to facilitate the development of dynamic women entrepreneurs by strengthening their entrepreneurial capacities, and support growth of MSME's in the formal and informal sectors.

• ALEAP was conceptualized and was inaugurated by Sri. K. Vijayabhaskara Reddy, then Honorable Chief Minister, Govt. of A.P. on December 18th 1993.

Milestones- ALEAP• Today ALEAP is ISO 9001-2008 certified organization.• ALEAP is the first organization in India , got the Certificate of Accreditation with Gold

Grade from National Accreditation Board for Educational Training (NABET) , The Quality Council of India (QCI) and Ministry of MSME , Govt. of India & GIZ, Germany in March 2015.• On 22nd December 2004 European Union has provided grant to ALEAP for capacity

building of women entrepreneurs. • ALEAP in collaboration with Johannesburg chamber of Commerce organized B to B with

South African women entrepreneurs on 22nd may 2012 at Hyderabad.• ALEAP incorporated ACGA under section 25 of Companies Act on 3rd June, 2005 to access

credit facility from financial institutions without collateral security & entered MOU with Nationalized Banks.• To facilitate women with required information the single window information facility was

started in the year 2006. Counselling and motivation are the key areas in FAB Cell.

ANDHRA PRADESH (post division)

Andhra Pradesh• 8th largest state in India by area • 10th largest by population• 13 Districts• Largest city \ industrial capital : Vishakhapatnam• Literacy rate : 68%• Huge scope for Research & development• ISRO – India’s Satellite Launching Station• Rich Heritage and Scope for Tourism and Sports Development• Many Tribal Communities

Current economy• The industrial sector of the state include some of the key sectors

like Pharma, Automobile, Textiles etc.• The state is also emerging In Information Technology and Biotechnology.

• ResourcesAndhra Pradesh is one of the storehouses of mineral resources in India. Andhra Pradesh with varied geological formations, contain rich and variety of industrial minerals and building stones.

• MiningMining is identified as one of the growth engines for the overall development of industry and infrastructure. (bauxite)

Current scenario• Power :

The state is a pioneer nationwide in Hydro Electricity Generation.The state has become power surplus with excess power generation being exported to other states.

• LivestockLivestock and poultry is also another profitable businessLargest producer of eggs in the country and hence, it is nicknamed as "Egg Bowl of Asia“Fisheries contribute 10% of total fish and over 70% of the shrimp production of India. The geographical location of the state allows marine fishing as well as inland fish production.

Re-Imagining Andhra Pradesh• Vision : “To create a world class ‘technology start-up

ecosystem’ by fostering ‘entrepreneurship and a culture of innovation’ which contributes to increased knowledge, wealth and employment in our society.”

• By 30th June 2019, the government intends to create an ecosystem that Produce An Entrepreneur In Every Family.

• The new policy for innovation would base itself on the Five pillars : Shared Infrastructure, Accelerators/Incubators, Human Capital, Funding and a system of Good Governance.

Themes of Re-Imaging APThe Policy would have following Niche Themes as focus in the initial period:

• Internet of Things (IoT) • ‘IT for X’ in the areas of Pharma, oil & gas, urban management. • Social Media, Mobility, Analytics and Cloud Computing (SMAC) • Fables Semiconductors • Animation & Gaming • Entertainment & Visual Effects • Health and Fitness • Automotive

Targets- Re-imagining AP• 100 Incubators / Accelerators to be established • 5,000 Companies & Start Ups to be incubated • 1 million sq. ft. of Incubation Space to be developed • Venture Capital of Rs 1000 Cr to be mobilized for Innovation • Foster Innovation Culture • Create at least one home grown billion dollar technology start-up.

Advantages of AP• Strategically located on the south-eastern coast of

India, hence known as “the gateway to east and south-east Asia”• Good governance and visionary leadership• GoI selected AP as a “model State” for 24*7 power

supply to Industrial Units.• Biggest Land Bank, government provides reliable title

over the land made available by it.Lands also provided for lease and sale at most affordable land prices.• Stamp Duty and Registration Fee Waiver as incentives

to set up industries• Transparent online land allotment

Advantages of AP• Proactive policies ensures a good investment climate

for investors• Single desk system for quick industrial clearances

within 21 days• Bountiful natural resources• 3 deep draft ports – Visakhapatnam, Gangavaram and

Krishnapatnam• Water resources – 4 major rivers in the state (Krishna,

Godavari, Penna and Tungabhadra)• Visakhapatnam – Amongst the top growing cities in

the country; Set to be one of the first smart cities in the country

Policies and Procedures• Allotment regulations, 2015• Lease Agreement , 2015• Provisional allotment letter, 2015• Industrial Development Policy , 2015-20• AP Single desk policy, 2015• IT policy 2014-20• Electronics policy, 2014-20• Innovation and startup policy 2014-20• Biotechnology policy 2015-20

Opportunities• Industrial Parks

Established in each and every Mandal Head Quarters of the District.

These Industrial Areas are equipped with approved layouts, internal roads, water supply and power supply.

The Corporation has also encouraged setting up Common Effluent Treatment Plants and also Treatment Storage Disposal Facility (TSDF) in Industrial Parks.

Industrial Clusters• APIIC is developing Industrial Parks in all the districts of

Andhra Pradesh and decided to develop industrial clusters based on the parameters like demand and the availability of the products in the surrounding areas of the cluster locations by availing Government of India grant

• 10 Industrial clusters for in principle approval / Govt of India grant

• Clusters include : tobacco Fish Processing, Food processing, studded jewelry, silk & garments cluster, slab polishing cluster, marine cluster, engineering cluster, cashew park , aluminum cluster, spices and mango jelly cluster.

TELANGANA

• 12th largest state in India in area• 12th most populated state in India

• Capital : Hyderabad• Districts : 10• Except Hyderabad all the others are

backward districts

• Telangana state has won CNBC-TV18 Promising State of the Year Award for the year of 2015.(because of continuous efforts striving development)

Economy of Telangana• The is mainly driven by agriculture. • Rice is the major food crop.

Other important crops are cotton, sugar cane, mango and tobacco. • Recently, crops used for vegetable oil production such as sunflower and

peanuts have gained favor. • Two important rivers of India, the Godavari and Krishna, flow through the

state, providing irrigation. Farmers in Telangana mainly depend on rain-fed water sources for irrigation.• There are many multi-state irrigation projects in development,

including Godavari River Basin Irrigation Projects and Nagarjuna Sagar Dam, the world's highest masonry dam.

• The state has also started to focus on the fields of information technology and biotechnology. Telangana is one of top IT exporting states of India.

• There are 68 Special Economic Zones in the state.

• The state government is in the process of developing Industrial Parks at different places, for specific groups of industries. Existing Parks : Software Park at Hyderabad, HITEC City for software units, Apparel Park at Gundlapochampalli, Export Promotion Park at Pashamylaram, Bio-technology park at Turkapally.

Economy of Telangana

Hyderabad - significance• is widely known as the City of Pearls, thanks to its

reputation as a pearl and diamond trading center. • In 2009 the World Bank Group ranked the city as

the second best Indian city to do business. • The city and its suburbs contain the highest

number of special economic zones of any Indian city.• Hyderabad is usually nicknamed as Cyberabad due

to its information technology foray and location of major software industries in the city.• Hyderabad is also a major site for healthcare

related industries including hospitals and pharmaceutical organizations

Single Window• “Telangana State Industrial Project Approval and

Self-certification System Act (TSiPASS)

• The entrepreneurs need not go around offices or departments for clearances. Exactly 14 days later, they will get a call from the Telangana government and the news of clearance will be given.

• Clearances are centralized and handed over in a single document to the company,

T-hub• A unique partnership between the Govt. of

Telangana and the key stakeholders in the Startup Ecosystem• Mission: Catalyst the creation of one of the

tightest, most successful and vibrant entrepreneur communities in the world and make Hyderabad the place to be.• 3 of India’s premier academic institutes (IIIT-H,

ISB & NALSAR) and key private sector leaders. It stands at the intersection of the start-up, academic, corporate, research and government sectors.

Vision : T-hub• T-Hub is designed for technology-related start-ups• Attract the best start-ups and entrepreneur organizations from across the

world to Hyderabad.• Work with an extensive network of partners to help entrepreneurs launch

and scale innovative companies.• Equip innovators and organizations alike with the entrepreneurship skills

required to succeed, using methodologies that transcend traditional learning.• Link, educate and promote all entrepreneurship-related stakeholders in

Hyderabad and Telangana, including start-ups, investors, incubators and accelerators, research centers, startup resources etc.• in order to facilitate faster connections between talent, ideas and capital.

T-IDEA : Telangana Industrial Development and Entrepreneur Advancement Scheme• Stamp duty reimbursement• Land cost rebate• Land conversion cost• Power cost reimbursement• Investment subsidy• VAT reimbursement• Interest subsidy• Seed capital for 1st generation entrepreneur• Training and skill development cost reimbursement• Quality/patent support• clean production measures• Reimbursement of infrastructure development costs

T-IDEA• Special Tailor made incentives for SC\ST

and Women First Gen Entrepreneurs

• Also availed Central Government Benefits100% Central Excise benefit for 5 (or more) years

100% Income Tax benefit for 5 years; 30% for the next 5 years

• Other Investment Subsidy Benefits

Pranav & Venky – FLAT PEBBLE• The idea of starting Flat Pebble was conceptualized by

Pranav Mehta and Venkatesan Seshadri to help people and touch lives positively by building simple, powerful technologies that can disrupt the norm.• Vision : Build the worlds best services ecosystem, right

from helping consumers hire the best service providers using upfront pricing, verified pros and helping the pro's complete deliveries to managing their businesses and digital identities.• Mobile application / Web Based

Naidu Darapaneni – MeraEvents• Mera Events, 2009• MeraEvents.com is India's largest events portal,

dedicated to events, conferences, exhibitions & trade fairs• It is a one stop shop offers day to day listing of events,

reliable online-services including registration and payment, quick access to every aspect related to events, an active interface for all concerned and medium that saves time and costs.• Milestones : Professional Excellence Award Event

Services , 2015 Raises 1Millon US $

Narayana Peesapaty – “Bakeys”• The company, BAKEYS FOODS PRIVATE LIMITED was

established in 2010 in Hyderabad, Andhra Pradesh, India as an alternative to disposable plastic/wood cutlery and bamboo chopsticks.• Selected by the CII-USAID-World Resources

Institute supported initiative called New Ventures as among the Top Ten Sustainable Businesses in the year 2006• Narayana Peesapaty MD of Bakeys foods Pvt Ltd

was invited to give a talk at TEDx VIT-Vellore on 2013 for his Innovation On Sustainability• He was selected as Green Hero by Well spun

renewables in 2015

• 100% Natural, Bio Degradable and Vegan• Made with Jowar, Wheat and Rice and available

in 3 Flavors : Sweet, Savory and Plain• No Retail Sales, Direct e-commerce with

minimum order size of 100 spoons of the same variant.• He believes that the “Change is inevitable.

Before this change can overtake and overwhelm us, we should be the instruments of change”. He created this business to disprove the conventionally known fact that “Environmental Safeguarding And Social Responsibility Rarely Integrate With Sound Business Process”