1.

INTRODUCTION
1.1 Successful Indian Entrepreneur
Meena Bindra

An entrepreneur is a person who starts and runs a

new business or organization. An entrepreneur is
a founder who develops a business plan,
gets financing, hires employees and runs the
business. The entrepreneur takes the risks and, if
successful, enjoys the benefits.
The entrepreneur starts with a good idea for a new
business. While the business grows, the
entrepreneur is the central person in the business

Entrepreneurs are like gamblers, and like any

gambler, their chances of winning increase if they
have the right cards. Let's look at some
characteristics and skills that help an entrepreneur
succeed.

A tolerance for risk-taking is a necessary attribute

for entrepreneurs. You can think of risk-taking as
pursuing an activity even if there is a chance of a
negative consequence. Starting a business is risky,
and even more so when you're using your own
money. Sometimes you can spread the risk by
convincing investors to come along on your new
venture or by forming an entrepreneurial team, like
Eddie is trying to do. But at the end of the day, you
can't avoid risk if you are going to start a new
business and innovate.
 1.2 Case Study on Meena Bindra

Meena Bindra an originator of India’s biggest instant ethnic-

wear brand BIBA. Meena had experienced childhood in Delhi
however lost her dad at youthful age. After the passing of her
dad she wedded a maritime officer as an aftereffect of it she
moved around crosswise over India, and got into the articles
of clothing business simply after her youngsters grew up.

As a 39-year-old housewife and mother of two youngster, she

transformed her dreariness into inventive wander and made it
to genuine business with an underlying venture of just
Rs.8,000 taken as credit from the bank 33 years back. She
started the salwar-kurta uprising in the nation and
consolidated the ladies from the North toward the South
changing their dressing styles. The ‘Punjabi suit’, as it used to
be called, turned into an essential part of each lady’s closet.

BIBA Apparels is established by Meena Bindra in 1988 from

her home New Delhi. Than after she first open BIBA store in
Mumbai. In 2007 Kishore Biyani’s Future Group gained 6.5%
stake in BIBA. In 2011 Future Group expanded speculation to
25.8%. In 2014 BIBA Apparels procured a minimal stake in
fashioner tag Anju Modi.
 2. REVIEW OF LITERATURE

1) Jonathan Craig stated that “Increasing numbers of

women are becoming leaders of their own businesses, and
many are struggling to achieve success. A growing body of
theory and research is exploring how different women come
to business ownership, their unique leadership challenges and
strategies for success, their personal change and the processes
of leadership development they experience. This paper
reviews literature addressing women business owners from
the general perspective of understanding their leadership” .

2) World entrepreneur stated that “A growing body of

literature is emerging to study the phenomenon of women’s
leadership as small business owners along a wide variety of
dimensions, drawing from perspectives ranging from market
models of business economic development to women’s
psychological development and feminist studies of women’s
leadership. Qualitative studies in the past five years have
indicated contested issues related to values, identity and the
meaning of leadership emerging in this trend of women
business ownership.”
3) Women don’t always accept the dominant formula that
success equals money and power. Women who start their own
business sometimes do so to craft a new way of working, and
many continue to fight barriers related to traditional constructs
of economic power and expectations. Many women business
owners claim that the whole experience changes them
profoundly.

3. OBJECTIVE OF STUDY

3.1 To study the successful women

Indian Entrepreneur.

3.2 To study successful Indian

Entrepreneur Meena Bindra.
4.Research methodology
4.1 Data Collection:-
a)Secondary data-The above study is
based on secondary data. The secondary
data is collected by sources of.
-Textbooks
-Magazines
-Newspaper
-Media
-Internet etc.
 5. FINDING ANALYSIS
MEENA BINDRA FOUNDER OF BIBA

1 BIBA  BIBA is the most loved ethnic fashion brand in

India.  Biba Apparels Private Limited (“Biba”), the
Indian fashion giant, stands true to its name.  The brand
has been dressing and embellishing demure maidens
from every corner of India since 1986  Contemporary
ethnic fashion at affordable price is Biba’s commitment
to fashion enthusiasts.

2  The word “biba” is a Punjabi endearment for a young

and pretty girl.  It implies sublime qualities, compelling
Mrs. Meena Bindra, the founder of Biba, to use the name
for the line of salwar, kameez, and dupattas that she
launched in 1986.  Today, the mix-and-match range has
a very contemporary sensibility, and the salwar-kameez
range is very ethnic, defined by an Indian crafted look,
hand-block prints, and vegetable dyes.

3  Indian handlooms with traditional embroideries and

other techniques are applied in producing the garments.
Unstitched suits and a festive collection for two-to-12-
year-old girls cater to the full demands of a woman. 
Biba pioneered Bollywood merchandising in India by
providing costumes for Na Tum Jano Na Hum in 2004. 
It covered ten more projects, including blockbusters such
as Devdas,Hulchul, and Baghban .
4 MEENA BINDRA Early Life  Meena Bindra was born
in Delhi. Meena’s father was a business person. When he
passed away he left lots of property.  This help them to
live normal childhood with her six siblings. Her father
died when meena was 9 years old.  It all starts the
beginning when Meena Bindra married with Indian Navy
officer at the age of 19. At that time she had completed
her BA.  As she was the wife of naval officer she moved
all over the country with her husband. From Delhi to
Mumbai to Vishakhapatanam.  She was the mother of
two children.

5. Her Passion was in Designing Clothes:-  As this point

Meena was thinking about small business. Just to
improve her pocket-money.  Meena spoke to her
husband about business, he immediately arranged eight
thousand rupees loan.  She started her business in
1982.At the age of 39 who could think of starting a
business.  Meena Bindra had just about starting a
business. In which she adopted her passion of designing
clothes into business.  “I wanted to keep myself busy.
And want to earn some extra pocket-money. So I started
designing clothes. I use to love designing clothes.”

6. Started Her Business At Home :-  Meena Bindra Started

her business at home. She used to design a cloths and sell
it informally .  As she got eight thousand rupees. She
first hired a tailor and buy some fabric. Meena Bindra got
her first lucky break.  When someone introduced her
with block printer called Devesh. He was young boy
passionate about work and owning a factory.  Meena use
 to go to factory and start to design a clothes. Devesh and
Meena both use to experiment with the clothes and
design. One step Further :-  After getting offer from
Devesh meena start to think further. She use to sell the
clothes in reasonable price.

7.  Meena then started selling the clothes from home. And

every clothes use to get sale. With her first sale she made
a profit of Rs 3000.  With this profit she had bought
more Fabrics. The business which she was doing was not
a strict business. It was easy-going atmosphere.  The
friend nature of Meena always used to win the heart of
her customer. She never consider her customer as a
customer. She always considered them her friend.
Popularity  The popularity was rising. Meena’s fabric
were getting famous among women. The popularity was
rising and Meena was deciding to create her own brand.
She name her brand as “BIBA“.  Time has come where
retailer use to keep the bill of large order. They were
ordering 100 fabrics with different design.

8. Role Her Two Son Played For Expanding Business Elder

Son’s Roles :-  Her elder Sanjay had just graduated in
B.com. He was interested in helping her Mom in
business. But Meena insisted not involve in her business.
Instead she advised to study MBA and know more about
business and join BIBA.  After Completing MBA he
immediately joined BIBA. And handle the most boring
part of business. He was handling labours, taking orders,
keeping accounts etc.  Meena acknowledge her elder son
as an asset. The business was rising with turnover of Rs 8
 – 10 crore.  Every month they have sold more than 2000
fabrics. This became a huge expansion.

6. Conclusion
To be successful in sustainable business practices
often requires entrepreneurship and innovation.
This chapter provides an overview of
entrepreneurship and innovation as it relates to
sustainable business. The discussion is most
relevant to sustainable businesses focused on
offering new products and services in response to
societal concerns. The importance of
entrepreneurship and innovation also applies to
companies that change how they produce products
and services. The latter companies can use
innovative practices and entrepreneurship to
establish their brand name and to be market
leaders in doing things that create shared value for
society and their companies and also, over time,
contribute to changes in practices in their industry.
 7. Bibliography
1. www.wikipedia.com
2. www.dnaindia.co.in
3. www.worldentrepreneurs.com
4. www.successfulbusinesswomen.in
 ENTREPRENEURSHIP MANAGEMENT
WOMEN ENTREPRENEURS IN INDIA
A PROJECT SUBMITTED

TO THE UNIVERSITY OF MUMBAI

FOR THE DEGREE OF

MASTERS IN MCOM

IN THE PARTIAL FULFILLMENT OF REQUIREMENT

OF THE COURSE

(ACADEMIC YEAR 2016-2017)

BY

NAGMA SAYYED
ROLL.N0-29

UNDER SUPERVISION OF

PROF.ANJU YADAV

DEPARTMENT OF MCOM

HAZARIMAL SOMANI COLLEGE OF ARTS & SCIENCE

SHRI MANUBHAI MANEKLAL SHETH JR.COLLEGE

OF ARTS & SCIENCE

JAYARAMDAS PATEL COLLEGE OF COMMERCE &

MANAGEMENT STUDIES

MUMBAI-400007

DATE

PLACE-

SIGN OF EX.SUPERVISOR- INTERNAL SIGN OF SUPERVISOR-

 CERTIFICATE

This is to certify that this project report entitled

Entrepreneurship Management. Submitted by Miss.Nagma
Sayyed in partial fulfillment of the requirement for the degree
of Master of Commerce (M.com) part 2 (semester 3) is a
bonafied research work completed under my guidance &
supervision. No part of this project has ever been submitted
for other degree. The assistance rendered during the course of
the study has been duly acknowledged.

External Examiner- Internal Examiner-

Date-

Place- Prof. Name-Anju Yadav

 DECLARATION
Certified that I NAGMA SAYYED of Master of Commerce
(M.COM) Part-2 (Semester-4) have prepared titled Women
Entrepreneurs in India under the guidance of Professor ANJU
YADAV Department Of Commerce Bhavans Hazarimal Somani
College, Chowpatty, Mumbai in partial fulfillment of the requirement
for the degree of Masters Of Commerce (M.Com).Their by no part of
this project has ever been submitted any other degree.

NAGMA SAYYED
ROLL NO.-29
M.Com Part 2
 ACKNOWLEDGEMENT
I would like to thank my college, principal and teaching staff. A
big thanks to our professor Miss Anju Yadav who have helped me
in making my assignment. She has given her valued time & energy
whenever I needed.
I would like to thank my parents who have helped me while making
my project
Thanks to my friends who have given me their time at the time of
making my project.
To conclude I want to say a big thanks to all who have been a part
of my assignment without you all it was not at all possible.
 INDEX
SR.N PARTICULARS
O
1 INTRODUCTION
2 REVIEW OF LITERATURE
3 OBJECTIVE OF STUDY
4 RESEARCH METHODOLOGY
5 FINDING ANALYSIS
6 CONCLUSION
7 BIBLIOGRAPHY