Press "Enter" to skip to content

Rural Entrepreneurship | Sowmya Krishnamurthy | TEDxBITSathy


good morning everyone good morning thank

you thank you for having me on TED talks

many renowned speakers persons have

spoken on various podiums earlier and

shared their dreams for our country I’m

just a budding entrepreneur and a fellow

citizen like all of you present here I’m

here to share with you all that I have a

need not just a dream for my country for

my better tomorrow and the need is that

I want a country to be on top of the

world very soon and this need is not for

tomorrow of my children or grandchildren

but for my tomorrow I am very confident

as young working nation we will achieve

this very soon a Bapuji once said that

heart of India lies in her villages the

heart is strong and healthy the whole

body will naturally be so and guess what

this thought is relevant even after

decades our greatest philanthropist and

scientist Dr Abdullah öcalan ji shared

similar views he said that developed

India would be a network of prosperous

villages empowered with various

connectivities both physical and virtual

they bowed dreamt of making our village

is stronger and their dreams emerge out

of their lives experiences in trying to

make our country stronger we all know we

are the second largest populated country

in the world with 1.3 billion population

65% of our population is under 35 50

percent of our population is under 25

the average age of an Indian today is

between 26 to 28 while the average age

of most of the economically forward

countries is about 40 years the

International Labour Organization has

worked out numbers saying that we will

have 160 million people between the age

group of 20 to 24 by 2020 while China

the largest populated country will have

only 94 million at the same point in

time we are a young productive and

dynamic population but do we

the ability to take advantage of the

situation we have world’s largest

skilled resources available in India as

a country there’s a strong need to equip

these young population in order to

enable them to take advantage of the

situation in working together and

transforming our economy into world’s

best and I would like to bring to your

attention 70% of this workforce reside

in rural India 70% is a huge number

rural India is a land of abandoned home

run entrepreneurs you can find many

skilled and young entrepreneurs working

in various fields like handicrafts

agriculture etc they form the backbone

of our economy cottage industry is a way

of life for most of the rural people

most of our villages unlike people in

urban India where we work through the

organized businesses to earn a living

people in rural India earn their living

through self-employment cottage industry

is given huge economic independence for

there are various kinds of cottage

industries sari rule it oh they’re very

kind of an entrepreneurs one can find in

our villages for example individual

entrepreneurs where individuals do

businesses like agarbatti making

tailoring etc group entrepreneurs where

a group of people come together and work

in a small workplace like toy making

agriculture spices cluster

entrepreneurship where a skill is a

skill is developed depending on a

specific geography or area the best

example is death for these are

shivakashi toys from china Patna self

from Kanchipuram and the largest of all

this our cooperative societies where a

group of people come together make an

organization for doing specific job the

best examples for these would be the

bank cooperatives the milk cooperatives

etc what do these kind of

entrepreneurships do to our economy they

add value to

vital resources they create huge

employment opportunities

the helpers in retaining our artisanal

skills and most important they give us a

reach to the most remote tech and rustic

areas in a country cottage industry is a

huge boon for a Indian economy they’re

indispensable they contribute to 40% of

our gv8 or Indian economy I would like

to highlight the size of this industry

and the potentials that our villages

have Indian handicraft industry is a

hundred billion dollar industry and is

growing at a rate of 20% every year

compared to the worldwide rate growth

where it is only a 12% it is actively

employed more than 75 lakh for people

and is growing continuously in spite of

all these huge numbers that I have

shared with you I would like to bring to

your notice that villages still remain

to be the weakest point of our society

we often tend to forget that villages

are an integral part of her economy most

of the innovations and new businesses

are focused on urban requirements what

would happen if we had new innovations

or new businesses focused tapping rural

potentials there’s been few

organizations who have created an impact

to our economy through these rural

entrepreneurship I would like to take

Gandhiji Swadeshi movement is a

revolution of kadhi it’s not merely a

piece of cloth it’s a philosophy in

itself and a symbol of empowerment and

offspring of kadhi our Swadeshi movement

is kadhi India which is recorded or

sales of 500 million rupees last year

under this commission it has actively

employed more than 5600 institutions

30,000 odd cooperative societies and

more than 12 people are actively

employed on a daily cooperative of India

from Gujarat Anand is co-owned by 3.5

milk producers it spurred the white

revolution of a country which made India

the largest producer of milk and milk

products it has recorded a revenue of

380 billion rupees today a moulds

example has followed in every region of

her country and every region have their

own cooperative society doing remarkably

well mr. mother chandran an IT

professional from California quit as

fancy star job and started organic

Mundia to help the debt-ridden farmers

as an initial step he brought together

about 240 organic farmers and started a

chain of organic shops in less than four

months they generated a cruel revenue

and now they’re looking at bringing

together 10,000 families mr. Mustafa who

wanted to become an entrepreneur by

employing people from rural India

started led fresh idea fresh makes Italy

endorser butter in 2005 when they

started manufacturing they started

making 10 packs a day today the

manufacturer close to 50,000 kgs of

butter and the revenue that they have

recorded is 1 billion rupees now coming

to my own story article all of us have

this want to become an entrepreneur

beginners very very strongly and the bug

bites you really hard when one starts

climbing up the corporate ladder in a

well settled job but trust me if you

take a plunge into it it’ll drive you

straight down to the timeline where you

started hunting for your first job the

bug in me was socially deeper and it

wanted me to do something more radical I

wanted to start a business in an area

that was unexplored and also create an

impact to our economy I want you to come

up with various business models that can

be scaled from grassroot to large-scale

and where everyone involved in it grows

collectively as a designer our heart the

area that drove my passion was

handicraft toys the talent available

under handicrafts and toys is abundant

and these days there are many artisans

who are acquiring these skills and I’m a

strong believer in creating

an opportunity that can empower women

because if you empower a woman in

benefits her family in turn benefits the

entire community empowering women isn’t

for women it’s for the world I think he

started with a passion to design and

manufacture sustainable natural products

made from India and our vision is to

create a platform that can bring all the

artisans together and enable them to

grow their businesses from micro to

large-scale our today’s an outcome all

the thought processes I’ve shared with

you till now of wanting to contribute to

all of us have those big dreams and big

aspirations and start new ventures of

wanting to make really big but reality

bites challenges bring you back to

reality our challenges propped up in

various levels in various geographies

and in an area that we had no clue where

we were going power cut an

infrastructural issue is one of the

biggest challenge we still face I Drive

about 200 kilometers to an artisanal

village to check the progression of our

production after reaching there I

realized there’s no power till evening

and I end up buying mangoes outages like

these disrupt scheduled production and

it’s extremely difficult to implement

any new technologies as in new

technologies invariably need power it is

very surprising that there are many

areas today in a rural India that is

inaccessible to modern career services

treated fumigated quality wood from

sustainable sources is a huge challenge

artisans these days are seeking

alternate job opportunities in small

towns or cities like becoming a master

chef

people like to spend more on eating out

rather than buying handicrafts these

days we tend to lose the quality

artisans to these alternate kind of jobs

due to lack of sustain businesses over a

period of time the artisans have become

extremely casual and laid-back

they have no commitment to complete a

job taken in spite of giving advances

their inclination to implement concepts

like standardization of production or

performance management is very very

limited they at one point of time we

were unable to take any large orders

because we were unable to meet the

corporate and export obligations the

minute we design a product launch it in

the market one could find its replica

developed at a lower grade and lower

materials in the local market can’t

copyright the control over the

copyrights and control over designs is

expose an extremely difficult task

multinationals use their marketing

strength through televisions cartoons

advertisements TV channels to promote

their branded toys one can find the

replica in market many replicas of them

in the market which is plastic toxic

cheap it’s extremely difficult for us

the in-house people to compete against

such strategies and also introduce a

product which has a large impact to get

large-scale business and traditional

products are extremely price sensitive

people because of two reasons the

proximity and familiarity

people still expect to pay what the

grandparents paid ages ago and Indians

love to bargain at one point in time I

was totally lost I did not know which

aspect to focus on but one has to swirl

to survive if you have decided to jump

in the water so I simply embraced the

glorious mess I wasn’t I had to call it

quits or turn around the odds my

corporate approach built over years has

taught with me to approach the

challenges by looking at them in various

angles and breaking them into smaller

aspects as a first step we through the

marketing understanding the marketing

need through a marketing research we

came up with you to your toy designs

based on the artisanal skills and the

raw materials available we then set up a

sales and marketing platform by

partnering with various online

retailers than carpets and any export

job opportunities that may come up all

our products are sold with a guidance or

new sage and the educational value it

has so this facilitated a customer to

justify the prices that they were paying

we then monitored at all our production

processes very closely and during this

process we educated our artisans with

the quality standards that needs to be

followed to reach out for international

orders we then gave all our home run

units advances for them to stock up the

raw materials based on our quality

specifications we also specified the

dimensions of the product and the

materials to be used like wood paint etc

we partnered with the modern Career

Services and optimized arts supply chain

requirement we introduced the concept of

testing of the product in credited labs

which facilitated international orders

we are then convinced our artisans to be

very flexible with it work timing and

work during the night as outages

normally happen during the day now

whenever we have large orders and

artisans prefer to work in the night as

production happens faster and they can

focus better the regions that we focused

initially was China Patna do to the

proximity it acaba and Sarang / – all my

young friends here I would like to point

out that hard work always pays results

come only over a period of time not

overnight with all the hard work that

we’ve put together till now we are very

happy to share with you all that this

venture has held more than 50 artisans

with sustain businesses and now we have

international quality production I am

very proud to claim that we have sold

thousands of products and the defect

rate of these products are less than 1%

we are shortlisted by a few large

international brand

for online bidding which is a huge thing

for us and we hope to grow globally very

soon this venture in its own little way

as health in retaining artisanal skills

our workers and artisans today have a

huge pride in the products created by

them because they can see this in every

portal that they log in or somebody

would come back and tell them I saw this

product online or in this shop so they

have the pride and dignity for the

product and they’ve created and most

importantly which all of us whoever’s

working love to have is an opportunity

to work from home artisans today work

from home and the living while meeting

their personal needs and aspirations I

would like to repeat and reiterate that

India has no valid option but to protect

the interests of our villages we all

know that 70% of a population reside in

rural India we may think that they may

be urban migration over a period of time

but the reports say that the migration

is for a very small percentile that

would be maximum or 5% the seventy

percent penetration may maximum reduce

to 65 percent if we have to protect our

future sustainability there is no option

other than making our villages

economically and culturally viable while

the new India is focused on the IT

startups the call centers Bollywood

start consumer and customer glitz

working towards better managed urban

requirement I would urge you all to

reduce this obsession let’s work to

words and creating rural

entrepreneurship and making our

country’s economy in turn making our

country’s economy grow stronger let’s

work towards better managed rural

ecosystem let our religious be as

aspirational as rest of India making

India aspirational for rest of the world

thank you very much for your patience

and hearing me out

any questions thank you

you [Applause]

Please follow and like us: