Srinagar, April 15 (KNS): The Department of Humanities, Social Sciences & Management (HSS&M), National Institute of Technology (NIT) Srinagar Thursday hosted a virtual lecture on the process of 'building a start-up'.

The event was presided over by Director NIT Srinagar, Prof. Rakesh Sehgal who was the chief guest on the occasion and the virtual lecture was delivered by the Director of Zipcho Entertainment Company, Mohammad Younus Budoo (ACS).

On the occasion, Prof. Rakesh Sehgal said the key objective of holding such sessions are that students will learn and will know how to work and execute ideas for processing new start-ups.

"After proper guidance and research, a successful entrepreneur will find the proper solution to establish a suitable business model, he said.

Dr. Sehgal said there is a need to boost more such sessions in the future for students and I appreciate the department for conducting such market-oriented sessions.

Registrar NIT, Prof. Kaiser Bukhari said the idea and realization of a startup is a vital step and such things are important to be taken into account to make a startup effective.

"The vision of startup and needs of people are more important than a business plan," he said.

Budoo is currently Director of Zipcho Entertainment Company and is  Qualified Company Secretary. He is also an associate member of the Institute of Company Secretaries of India and has vast expertise in his respective field.

During the interaction with students, Budoo deliberated upon the challenges and opportunities for start-ups in Kashmir. The understanding market is a key to success and if new startups will not consider such features then efforts will be in vain, he said.

The speaker stressed new start-ups should explore both local and regional markets and urged students not to start anything with which they are not familiar. Keep the market trends under consideration, he said.

While concluding the lecture, Head of the Department of Humanities Social Sciences and Management, Prof. Abdul Liman thanked the guest and expressed gratitude to Director NIT Prof. Sehgal for supporting such interactions in the institution.

The event was moderated by Mohd Rafiq and was attended by faculty members, research scholars, and students of the department.(KNS)