Young & restless

Business and industry are no longer the preserve of venerable,old gentlemen. Increasingly,young people in their 20s,armed with professional degrees and a good deal of international exposure,are taking on the mantle.

A number of young entrepreneurs are joining their family business,armed with expertise and professional degrees from abroad

Business and industry are no longer the preserve of venerable,old gentlemen. Increasingly,young people in their 20s,armed with professional degrees and a good deal of international exposure,are taking on the mantle. Global exposure gives you a broader prospective of business and the city gives you a great platform. If you start young,you will also get more time to implement your plans, says Gaurav Singal,who has expanded his family business to include electrical machines used in industrial and construction industry. I was able to take the dealership of Dewalt Power Tools,after checking its feasibility during my course project at Nottingham University,UK, he tells us. At 24,Singal has completed his MSc in entrepreneurship and is planning to start more such stores on similar lines.

We have already acquired international exposure and degrees that will complement our line of work. Now,we want to tackle work head on, says Karan Kapoor,24,who is taking care of overall production of BakeLite Hylam Limited and will soon be regulating the companys fortunes. While,he and his friend Sumit Gupta,completed Masters in International Business Management from University of Leeds,Gupta is now taking care of his family store,Light Zone,in Sector 18. Its thanks to the course that I am now ready to start exports, says Kapoor.

While many their age might still be unsure of what to do in life,the young businessmen are clear about what they want in life. Though,inconceivable a decade ago,the new economy is getting younger, says Mahesh Gupta,whose son Ankit Gupta,25,after completing the masters course in Pulp and Paper Technology from Australia is now taking care of Vishal Paper Tech. It helped me meet friends in the paper industry from across the world. We now share notes on the industry and also on the latest technology available, says Ankit.

While starting young is expected to add some 10 years to their careers,Dhruv Goyal,24,who has just come back from Lancaster University,UK but is required to spend much of his time overseas,says,The ultimate destination is the corporate headquarters where the race really hots up. Chandigarh offers you a great working environment,good work force and a pleasant place to live in, says Goyal,in charge of Goyal Electricals Private Limited along with other family businesses.

For many of these young entrepreneurs,it is not just the growing company that drives them but also the fact that India is the new power in the global arena,a country whose economy and demographics are both in favour of growth. India is the next superpower and this is where we want to be, says Mohit Chitkara,who after completing MBA from University of California has joined his father at the Chitkara Group of Institutes and assisted it grow. I am

not looking at a global career because India is where the action is and the challenge to grow in an emerging market is immense, he signs off.

Stay updated with the latest - Click here to follow us on Instagram

Tags:
business