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small and medium scale ventures such as papad making, pickle preparation, food items, paintings, handicrafts,
                 etc. Nowadays women are successful entrepreneurs in modern technology-based business ventures like tours and
                 travels, business related to IT etc.

                 Some of the well-known women entrepreneurs are:


                                             • Kiran Mazumdar Shaw: She is the founder of Biocon Limited. This firm has entered
                                            the US biosimilars market and is getting the attention of investors. As per Forbes, it
                                            is the first company to get approval from the USFDA.




                  Kiran Mazumdar Shaw

                    • Falguni Nayar: The Founder of Nykaa, which sells cosmetic and wellness products
                   online.

                                                                                                         Falguni Nayar



                                             • Kalpana Saroj is the first woman entrepreneur of India and she is of the CEO of
                                            Kamani Tubes. Her journey from a Dalit child bride to Kalpana Saroj multi-millionaire
                                            is commendable and full of challenges.



                      Kalpana Saroj


                 Small Scale Entrepreneurship
                 Small scale entrepreneurship  means doing business at small scale in manufacturing, trading, providing services,
                 productions etc. It involves less capital investment, less labour and fewer machines to operate in a small place
                 which can be from home or a small rented place in a locality nearby. These businesses play a very important role
                 in the economy of many developing countries.  Some of the small-scale  entrepreneurship are bakery, candle
                 making, potato chip making, toy making, dairy and related products, liquid soap making, spices etc.



                         Work Done by an Entrepreneur

                 When an entrepreneur runs a business:

                    • They use their creativity to come up with a new business idea that
                   will fulfill the changing demands of the customer’s.
                    • They use the available material and people available around them
                   in an innovative way merged with new technology to create new
                   products.
                    • They work for the welfare of the society by saving the environment,
                   contributing their money to build new schools and hospitals in
                   their locality.
                    • They create jobs by hiring the skilled and unskilled labourers and helps in bridging the gap of unemployment.
                    • With the success of an entrepreneur the people connecting to it, all shares the success and thus helps in the
                   overall development of the country.


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