Haryana to set up India’s first integrated startup park, to launch startup policy soon

Organized by The Ideaz Factory, the event has over 50 speakers and investors including Haryana’s PWD Minister Rao Narbir Singh, Rajan Nanda of Escorts, Arvind R Vohra of Gionee and others

October 22, 2016, Delhi NCR: Haryana’s Minister for Industries & Commerce, Environment and Industrial Training, Shri Vipul Goel inaugurated the two-day Startup Jalsa at Manav Rachna International University in Faridabad today. More than 1000 delegates are attending the event including over 500 startup founders. Hosted by The Ideaz Factory, presented by RattanIndia and powered by Gionee, the startup festival offers entrepreneurs to pitch their business idea to the investors and raise up to Rs.10 crores in funds. More than 50 speakers and investors including some of the successful business leaders from Escorts, Gionee, YES Bank, Commonfloor.com, Scale Ventures, Knowlarity and Indo-European Business Forum are participating at the event. Haryana’s PWD Minister Rao Narbir Singh will be the guest of honour for the valedictory session of the event on Sunday.

Minister Vipul Goel announced that Haryana is setting up India’s first integrated startup park. He said that his government is also evaluating finer aspects of the startup policy which will be announced soon for inviting feedback and inputs from the public. I and my government are fully committed to extend every support to startups in Haryana, assured Shri Vipul Goel. The Haryana Government has taken several initiatives to boost the entrepreneurship in the state. It is empowering industries through easy finance and investments and has established 19 clusters dedicated for small and medium businesses. Haryana has also announced a Rs.1000 crores fund for MSMEs and is providing collateral free loans of up to Rs.1 crore to startups. A 16-acre startup warehouse is being set up in Gurgaon in partnership with NASSCOM. The minimum land requirement for townships in Haryana has also been reduced from 100 acres to 25 acres, which will boost startups. Faridabad, a major industrial hub shortlisted for development as a Smart City, offers a lot of potential to emerge as the next hub for startups.

Welcoming the dignitaries, Nitin Narang, the festival director of Startup Jalsa and the Founder of The Ideaz Factory, said, “This year, the key focus of Startup Jalsa is around building profitable businesses rather than just attractive valuations. We have created a platform where India’s new generation entrepreneurs can interact with successful traditional business leaders who have a proven track record of creating and scaling businesses profitably. Ten years ago, people went to Silicon Valley to be able to really ‘startup’. However, with the mobile revolution, things have changed. The leading poster boy startup companies of India have created a critical mass of founders and startup employees who are setting the stage for the next wave of big enterprises.”

Sumit Jain, co-founder and CEO of commonfloor.com highlighted ten key pitfalls of running a startup and advised entrepreneurs to choose wisely before jumping in and to learn how to fail. Comparing entrepreneurship to a sweet and salted fresh lime soda, he said that startups should focus on building a good product and the money will follow automatically. Funding is never the reason for failure or success of a startup, he said.

Sumit Gupta, Group President and Country Head, Retail Banking Assets Group, YES Bank, emphasized on knowledge banking, and said that YES Bank wants to emerge as the preferred startup bank in the country. He said that YES Bank has identified ten hubs across India for opening dedicated startup branches, a few of which are already operational.

Rahul Narvekar, founder of IndianRoots.com and co-founder of Scale Ventures, urged young entrepreneurs not to get bogged down by what they don’t know. “Just startup. Market will teach you many things”, he said.

Dr Amit Bhalla, Vice President, Manav Rachna Educational Institutions, welcomed the participants to this mega event as the host University. Highlighting MREI’s commitment towards nation building and creating better human beings, he invited participants to create a structured ecosystem where new innovations and ideas gain ground.

More than 50 speakers and investors are participating at Startup Jalsa including Rajan Nanda, Managing Director, Escorts Group; Arvind R Vohra, CEO & MD, Gionee India; Vijay Goel, Founder, Indo European Business Forum; Neeraj K. Singal, CEO, SEMCO Group; Sarbvir Singh, Regional Advisor, JP Morgan; Ambarish Gupta, Founder and CEO, Knowlarity; Pranay Gupta, Co-Founder, 91Springboard; Anirudh Damani, Angel Investor and Serial Entrepreneur, Artha Ventures; Manish Kheterpal, Managing Director, WaterBridge Ventures; Somak Ghosh, Managing Partner, Contrarian Capital; Sujit Kanoria, Trustee, Kanoria Foundation; Pratyush Kukreja, Consultant, Unitus Seed Fund; and, Sanjay Singhal, Founder, Strategizers.

The first edition of Startup Jalsa in Chandigarh in June 2015 featured more than 700 entrepreneurs, over 30 speakers and 20 investors. More than 40 startups received investment commitments of a total of Rs.50 crores at Startup Jalsa 2015. Key speakers at Startup Jalsa last year included Ronnie Screwvala, Founder, UTV, Arunabh Kumar, Founder, The Viral Fever (TVF) and Pankaj Jain of 500 Startups. The startups showcased at Startup Jalsa 2015 also featured in Pitchers, an online series launched by TVF.

The Ideaz Factory is also known for having organized a plantation drive in Faridabad which entered the Limca Book of World Records. It also unfurled the world’s largest tiranga (Indian national flag) in Faridabad. Some of Prime Minister Narendra Modi’s rallies organized by The Ideaz Factory have seen participation of over a hundred thousand participants.

ABOUT STARTUP JALSA

Startup Jalsa is India’s biggest startup event that goes beyond the clichéd concept of startup conferences and adds a new perspective to the startup ecosystem obsessed with growth and funding. It believes that startup ecosystem needs supervision of mature leaders. Startup Jalsa 2016 edition is bringing together India’s new generation entrepreneurs with traditional businessmen, who have created and scaled their businesses for hundreds of years- from profits. For more details, please visit: http://startupjalsa.com/.

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Another feather in the hat of SRSIS was the inauguration of the shooting Range in August, 2016. The honor was made by Shri Baljit Singh Sethi, National Advisor NRAI (National Rifle Association Of India). Shooting range has been set according to the national standards and is a 10 metre range. Other guest of honor were  Mr. Jagmeet Singh Sethi, Gen Sec, NRAI, Mr. Aman Goyal member BJP, Mr. Ramesh Chowdhary National coach for Shooting , Ms. Varsha Tomar National Shooter .

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Apparel Training & Design Centre (ATDC) India’s largest vocational training network for the apparel sector organized a three day workshop on Art & Craft in Textiles at its Faridabad campus. The workshop was conducted in collaboration with Pidilite Industries Ltd.  Ms Meeta Rampal, expert teacher, Pidilite conducted this workshop. More than 50 students attended the workshop and students from Women ITI also came to participate in the workshop.

The main aim of the workshop was to enhance the knowledge and creativity of students and Develop their interest on creating decorative textile and other  articles. Also, to train students in myriad skills viz. making panel paintings on canvas fabric, photo-frames using glass color and M.Seal, Shilpkar paining on cardboard, Tie and Dye prints using acrylic paint and brushes.

Speaking on this occasion Ms. Tarundeep Gill, Principal, ATDC Centre Faridabad said “There is nothing quite fulfilling than creating something with your own hands. Activities like these help to develop interest of students in extra-curricular work and build entrepreneurial motive among them. When students are encouraged to express themselves and take risks in creating art, they develop a sense of innovation that will be important in their adult lives.”

Ms Meeta Rampal, Expert Teacher, Pidilite said, “I got associated with ATDC in 2014 for a workshop. It has always been a good experience to teach the students various techniques of paining on fabric and non- fabric articles for creating new things. Children need to know more about the world than just what they can learn through text and numbers. Art education teaches students how to interpret, criticize, and use visual information, and how to make choices based on it.  I hope to visit ATDC again for the new batch of students.”

“The workshop was very interesting wherein I learned new skills and it’s really satisfactory to have known so many artistic skills that are used for making presentable things. Such workshops should be conducted more frequently so that people can connect with such initiatives in masses.” said Neha Chaudhary Student ATDC

About ATDC

Apparel Training & Design Centre (ATDC) has emerged as India’s Largest Vocational Training Network for the Apparel Sector with around 200 ATDCs including 65 ATDC Vocational Institutes and over 135 ATDC- SMART Centres and Skill Camps present in major Apparel clusters spread across 22 states & 85 cities Pan India.  ATDC faridabad has trained 4000 students in short term courses and 1000 students in long term courses till date.

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 29^th June, 2015 Faridabad: Fortis Escorts Hospital, Faridabad, conducted a surgery on a 74 year old patient from Iraq suffering from severe osteoarthritis  and deformed knees to help him regain the mobility of his limbs to walk again. Dr. K D Soni, Head- Department of Orthopaedics, Fortis Escorts Hospital, Faridabad and Dr. Anurag Aggarwal took up this challenge to bring him back from a condition where he could not even crawl and his family members had given up hope of seeing him on his feet again.

The patient, Moohid Obaid Slghan, who hails from Babel, Iraq, was afflicted by severe osteoarthritis and additionally had deformed knees. Consequently, he was having severe pain in both his knees and was able to even stand only with the support of three or more people around him.  For most of the time he was mobile on a wheel chair and had been confined to it since the last year and a half. 

Osteoarthritis also known as degenerative arthritis, degenerative joint disease, or osteoarthrosis, is a type of joint disease that results from breakdown of joint cartilage and underlying bone. The most common symptoms are joint pain and stiffness. Other symptoms may include joint swelling and decreased range of motion. Depending on the severity of the disease, it can affect work and normal daily activities. Unlike other types of arthritis knee joints are typically affected.

Dr. K D Soni, Head – Department of Orthopedics, said, “The most prevalent form of arthritis in knees is osteoarthritis. The severest cases received earlier also required multiple surgeries for deformity correction followed by Knee Replacement and the patient was made to walk after that”.

Dr. Anurag Aggarwal, Sr. Consultant Department of Orthopedics said “With the surgery we have performed the patient is now walking with the support of a walker after just 24 hours of surgery. He will be able to walk with stick support over the next 4 to 6 weeks.”

Mr Rajeev Bhandari, Facility Director, Fortis Escorts Hospital, Faridabad, said, “With the surgery performed by Dr. Soni and Dr. Aggarwal the doctors have challenged the most diverse circumstances to bring back a patient at this age back on to his feet.  It shows the great effort put together at our team of doctors.”

The patient and his family members expressed their gratitude, “We are very thankful to the doctors who have brought him back on his feet. There were too many challenges in the day-to-day activities and being on the wheel chair also led to frustration and depression. We do not have enough words to thank Dr. Soni and his team.  They have actually given me a second lease and I am grateful to them.”

Osteoarthritis is more common in women than men but the prevalence increases dramatically with age. 45% of women over the age of 65 have symptoms while radiological evidence is found in 70% of those over 65. Osteoarthritis of the knee is a major cause of mobility impairment, particularly among females. OA was estimated to be the 10th leading cause of non-fatal burden in the world in 1990 but by 2000 it rose to the 4th leading cause at global level.

About Fortis Healthcare Limited

Fortis Healthcare Limited is a leading integrated healthcare delivery service provider in India. The healthcare verticals of the company primarily comprise hospitals, diagnostics and day care specialty facilities. The company operates its healthcare delivery services in India, Dubai, Mauritius and Sri Lanka with 54 healthcare facilities (including projects under development), approximately 10,000 potential beds and 260 diagnostic centres. In a global study of the 30 most technologically advanced hospitals in the world, its flagship, the Fortis Memorial Research Institute’ (FMRI), was ranked No.2, by ‘topmastersinhealthcare.com, and placed ahead of many other outstanding medical institutions in the world.

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Faridabad, 17 Dec 2014: Students of Faridabad have come out in flying colors, displaying exceptional talent and qualifying in large numbers for the Kishore Vaigyanik Protsahan Yojana (KVPY), an ongoing national programme funded by the Government of India to encourage students to study and pursue research in basic sciences.

The results of KVPY 2014 were declared this week. The results announced that 29 students from Faridabad’s FIITJEE centre had qualified in the examination, creating history for coaching institutes of the city.

FIITJEE is India’s most trusted coaching institute that prepares students for IIT and other top engineering institutes as well as other prestigious examinations like Mathematics and Science Olympiads, NTSE etc.

There was a mood of jubilation at FIITJEE Faridabad Centre where students came out with flying colours. All the FIITJEE students who have qualified for the research programme are from long term classroom programs. Teachers at the centre were also overjoyed by the performance of their students, which was the best performance amongst all coaching institutes in the city.

The Kishore Vaigyanik Protsahan Yojana (KVPY) is a National Program of Fellowship in Basic Sciences, initiated and funded by the Department of Science and Technology, Government of India, to attract exceptionally highly motivated students for pursuing basic science courses and research career in science.

The objective of the program is to identify students with talent and aptitude for research; help them realize their academic potential; encourage them to take up research careers in Science, and ensure the growth of the best scientific minds for research and development in the country.

FIITJEE Centre Head Mr. Ambarish Srivastava motivated all the students to continue with zest their JEE preparation. He also assured the continued support on part of the centre to the IIT JEE aspirants of the city to produce similar results consistently.

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Kolkata, 29th January 2014: STAR CJ alive, the fastest growing home shopping channel was launched in India  barely 4 years ago. They are known to offer on their website www.starcj.com and on their home shopping channel an array of products ranging from fashion, lifestyle, home appliances, kitchenware, digital devices, jewellery, beauty products and more.

Star CJ alive has always been a step ahead by providing shoppers the Delight of Smart Shopping. Such loyalty towards this well known shopping channel has been a reflection of the high standard of quality products and delivery that they’ve inculcated through the years. Adding to these would be the exciting deals and offers that they host every day.

On the occasion of their 3rd anniversary, Star CJ had conducted a survey in the target markets across Kolkata, Delhi, Pune, Ahmedabad, Lucknow, Ghaziabad, Bangalore, Ludhiana, Surat, Gurgaon, Hyderabad, Chandigarh, Vadodara, Amritsar, Faridabad, Gautam Buddha Nagar, Jaipur, Chennai, Nagpur and Nashik, which revealed interesting consumer behaviour patterns of Star CJ’s customers in Kolkata 2012-2013:

Additionally, in 2014, for the first time, Star CJ celebrated the ‘Global O’ Shopping Day’ in India along with eight other countries – South Korea, Japan, China, Indonesia, Thailand, Turkey, Philippines and Vietnam. On Global O’ Shopping Day, Star CJ featured their best Global products line-up across various categories, which resulted into 110% hike in orders as compare to the average daily order figure. Star CJ has several such exciting plans waiting to unfold this year.

Speaking on this occasion, Mr. Kenny Shin, CEO, Star CJ Network India Pvt. Ltd. , stated, “Kolkata is one of our biggest markets and we are delighted to give our customers the best deals. Our goal is to serve you better.”

About Star CJ Network India Pvt. Ltd.

STAR CJ Network India Pvt. Ltd. is the result of a strategic partnership between STAR Group (India and Asia’s largest broadcaster) and CJ O Shopping Co., Ltd. (the No. 1 home shopping company in Asia). Backed by the creative insights of STAR and the domain leadership of CJ O Shopping, STAR CJ has launched a 24×7 home shopping channel called STAR CJ alive to further increase its outreach to viewers and to provide the viewers unparalleled service and convenience of shopping from the comfort of their homes. These programs showcase a number of products of different genres from various famous brands. STAR CJ offers an unmatched, ultra-convenient shopping experience making stylish and intelligent products available at the consumers’ doorstep even as it entertains and informs with its unique television programming.

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Santhosh Kumar, CEO – Operations, Jones Lang LaSalle India

Sonipat And Panipat

Technically, there are certain favourable factors for the realty markets of Sonipat and Panipat – proximity to Delhi and connectivity through NH1 being the primary ones. Nevertheless, these areas have not been able to position themselves as real estate hubs of any significance, and their realty markets have seen only moderate growth so far.

It should be remembered that real estate and economic prosperity are factors that augment each another. Economic development translates into employment opportunities and increased employment boosts an area’s realty market, which in turn accelerates the economic growth of the region. It is against this yardstick that these two areas need to be evaluated for their current real estate potential.

Panipat and Sonipat have traditionally been industrial and business towns, typified by the presence of several SMEs – and, in the case of Panipat, petrochemical and textile industries. Literacy levels in these two areas have remained relatively low – as can be expected from localities whose primary economic drivers are SMEs and industries. As a result, the income levels of the population residing in these towns have never been able to breach the ‘average’ mark.

The additional drivers that would catalyse increased real estate demand – increased employment opportunities in a higher-profiled class of workplaces, which would result in increased income levels – have been notably absent. Sonipat and Panipat have been unable to make any kind of headway in positioning themselves as corporate hubs. Indeed, there is no corporate presence at all to be seen in either of these locations.

Another important factor – the availability of cheap and skilled workforces (which is crucial for development of a realty market and an area’s ability to attract corporates) is conspicuously absent in these areas. The local, native population has consistently displayed a lack of aspiration in terms of transcending their traditional employment opportunities. Nor is there any significant influx of migrant population to help raise the profile.

Yet another vital ingredient for a real estate success story that is missing at Sonipat and Panipat is the availability of cheap surplus land. Since these are essentially small towns, no land parcels of significant magnitude are available. Although many residential projects and townships have come up in the vicinity of Sonipat, this residential supply has not resulted in new commercial activities. Thus, most of this not inconsiderable supply is lying vacant. Only investors have shown some interest in these projects, as end users lack the economic means to pursue home ownership even if they plan to settle there.

That said, this rather gloomy scenario at Sonipat and Panipat could take a turn for the better in the future. As the many new infrastructure initiatives such as the KMP-KGP Expressways and metro connectivity being pursued in these areas take shape and form, the realty fortunes of Sonipat and Panipat will certainly start improving.

Faridabad

Faridabad presents a similar picture. Fundamentally, this is an industrial town whose only other economic driver has been a certain amount of agricultural activity. Unfortunately, the employment generation potential of the existing industries at Faridabad has reached a saturation level; this area now is in serious need of other sustainable forms of commercial activity – not to speak of infrastructure up-gradation – for next level of development and real estate growth to take place.

NO doubt, the trend of real estate demand within NCR shifting to alternate locations is likely to continue. In the process, these three areas are by default lined up for increased appeal, largely because of the availability of comparatively cheaper land for residential and commercial real estate development. However, the pace of growth – and the sustainability of this pace – will remain constricted until these regions are able to complement real estate demand with other forms of commercial and economic activities that generate enhanced employment opportunities.

A stepping-up of infrastructure initiatives and development, Government policies promoting the establishment of SEZs and business parks, a greater focus on law and order and the availability of healthcare and education facilities are some of the other factors that are required to increase these locations’ potential to be the next real estate destinations.

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