Role of Infrastructural Growth for Entrepreneurial Development: A Study in Durgapur

Abstract

Keeping in view with Indias vision of Make-in-India, entrepreneurial development has emerged as a key strategic factor for boosting economic growth and development in the nation. Policy makers and economists are of the opinion that apart from skill development at the grass root level, other factors like infrastructure development, resource mobilization and capability development would be considered to be important for achieving and sustaining such ambitious goals. Although in recent times the country had witnessed intensified infrastructural growth, boosting industrial expansion and entrepreneurial growth in metropolitan cities like Bengaluru, NCR, Mumbai, Chennai, Kolkata and high profile industrial hubs like Ahmedabad, Surat etc., old industrial hubs like Durgapur, West Bengal had witnessed issues of difficulty due to lack of proper infrastructure. Taking this theme into consideration, an attempt has been made in this study to understand and analyze the perception of entrepreneurs and senior employees belonging to the higher managerial grades in new ventures located in and around the city of Durgapur, West Bengal regarding the role of infrastructure and their perception on various infrastructure related issues considered important for entrepreneurial development in the region. With the Make-in-India vision looming large and leading policy makers, economic experts and industry captains to bring about re-thinking and wide scale changes in business practices across the country, the study could be considered useful considering its inclusiveness in the perspective of small and developing industrial hubs in and around the Nation.

Keywords: Make in India, Entrepreneurial Development, Infrastructural Development, Economic Growth and Development, Resource Mobilization, Entrepreneurs

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