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Maxell Foundation boosts 'Make in Maharashtra' to generate employment

By Swati Sanyal Tarafdar,

Added 19 May 2015

Announces three point action points to develop an ecosystem through education and create a wave of entrepreneurship for 'Make in Maharashtra'

Maxell Foundation continues its tradition of recognising the entrepreneurial spirit since 2012

• Engagement with Ministry of Industry: There is an urgent need to connect the educational system with the industry and this is possible only through an intense state- wide internship program.

This would have multiple effects - firstly, it would provide opportunity to the students to learn direct skills in the relevant industry; secondly, it will offer them employment and the industry will get already trained/skilled people. Maxell Foundation is more than willing to engage with the Ministry of Industry to create legislation for 'Internship Act' as a part of the Maharashtra's 'Industrial Laws'.

Entrepreneurial Ecosystem in Maharashtra

Maharashtra has a population of 10 crores (100 million) which translates to approximately 2 crore families. Even if the ecosystem is able to develop one entrepreneur per 1000 families, it would give Maharashtra 20,000 new entrepreneurs in the next 3 to 5 years. Even if they employ on an average 50 employees it has the potential of creating 10 lakhs new employment.

Maxell Foundation continues with its tradition of recognising the entrepreneurial spirit since 2012 and has awarded the following eminent personalities this year:

• Excellence in Business Leadership - Milind Barve, Managing Director - HDFC Asset Management Company

• Excellence in Entrepreneurship - Ashok Khade, Managing Director, DAS Offshore Engineering Ltd

• Social Entrepreneurship - Dr. Medha Purao Samant, Founder, Annapurna Parivar

• Young Entrepreneur - Akshai Varde, Founder MD - Vardenchi Motorcycles

• Excellence in Innovation - Mangesh Kale, Managing Director - Precision Automation & Robotics India (PARI)

• Emerging Excellence - Shivani Dani, Director - MoneyBee Institute Pvt. Ltd.

• Maxell Life Time Achievement - Ashok Korgaonkar, Founder, Managing Partner - Arch Group Consultants

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