Tamil Nadu - Tiruchi   

Entrepreneurship, need of the hour

— Photo: M. Moorthy

new launch: Mayor Sarubala R. Tondaiman and S. Sridharan, president of TIDITSSIA, at the inauguration of innovation and incubation centre in Tiruchi on Wednesday.

TIRUCHI: The Bharathidasan University Technology Park (BUTP) heralded a trend on Wednesday by getting its ‘Student Incubation and Innovation Centre’ inaugurated.

Two software products – TbillZ (billing product) and TLeadZ (telemarketing product) – brought out by the TechCmantiX Technologies, a software company run by a group of four final year MCA students, were released by the Mayor Sarubala R. Tondaiman and the President of Tiruchi District Tiny and Small Scale Industries Association S. Sridharan respectively in the presence of the BUTP Director Gopinath Ganapathy.

The company managed by Ganesh Ananthan, Divyaprakash, Shiyam Kumar and Jeeva Kanagaraj already has several clients including educational institutions, and trading and consulting firms. According to Mr. Gopinath, industries must foster such initiatives in higher educational institutions through sufficient funding to maximise transformation of the population in the productive age into human resource, in realisation of the stiff competition from China in the IT arena. He felt that at this juncture the options before students included joining companies, pursing higher education and starting their own ventures. Innovation being the seed for knowledge economy, students should evolve new concepts and transform them into commerce to overcome recession, he said.

Reiterating Dr. Gopinath’s observation, the Mayor said entrepreneurship was the best option to expedite India’s progress towards the status of economic super power. In the context of Tamil Nadu where nearly two lakh engineers were being churned out every year, entrepreneurship should be given a try. Through exercising the entrepreneurial option the student community can make effective contribute for the uplift of society, the Mayor said.

Assuring the support of TIDITSSIA for such student initiatives for entrepreneurship, Mr. Sridharan observed that alongside innovation for deriving maximum output with available resources, start-ups must have the right pricing strategy. New companies should avail themselves of the concessions extended by various government departments for advantageous pricing, he said. Mr. Sridharan also inaugurated the website of TexCmantiX Technologies.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Prisoners to hold literacy classes for inmates
Recruitment for Territorial Army on February 10
Youth run over
Tiruchi air show postponed
Make subjects interesting for students, says M. Chidambaram
Dharna conducted
Milch animals to be insured
Entrepreneurship, need of the hour
In Tiruchi Today

Copyright © 2009, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu