Visakhapatnam, Sept. 29:

Students should aim at becoming entrepreneurs rather than hunting for jobs in big companies, said Chief Minister N Chandrababu Naidu hereon Monday after inaugurating a technology park.

He was interacting with students after inaugurating the Technology Research and Innovation Park Sunrise Start-up -- powered by the AP Government and the Start-up Village. Citing the example of Bill Gates, he said students should make all efforts to develop the creativity within themselves. He the Government was keen on encouraging creative minds and it was trying to create a start-up eco-system.

In the first phase, 17,000 square feet is going to be thrown open for industries at the Sunrise Start-up on Hill 3 in Rushikonda IT Park. Provisionally four companies have been allocated space in the incubation area and another 10 companies have been allocated space in the Incubation Centre.

The 10 companies, including Trigeo Technologies Pvt Ltd, Tessolve, Avvas Infotech Pvt Ltd, Sinofic, Logic Planet, Lampex Electronics Ltd, Naina Power Pvt Ltd, Inspired IT Solutions Ltd, Epace Tecnologies and Objectone Information System, are aiming at creating direct employment to 6,000 professionals and to bring in investment of over Rs 200 crore.

Earlier, the students had a an interaction session with Executive Vice-Chairman of Infosys Kris Gopalakrishnan.

The distinction between services and products is getting blurred, and what is being considered a product is soon becoming a service in the Information and Communication Technology sector, Gopalakrishnan told aspiring student entrepreneurs.

He explained the essence of entrepreneurship to students and the importance of the facility provided by the start-up village. Students with an idea can come to the Sunrise Startup and get it incubated and once it is developed into a product, they can move out and set up their own enterprise.

When asked why Indian IT majors were not looking at technology start-ups and accelerators, Gopalakrishnan pointed out that companies like Microsoft or Google promote start-ups and technology accelerators to promote development of applications and services using their platforms whereas Indian IT majors were not into product development.

Recalling his experience when he set up Infotech, founder and Executive Chairman of Cyient BV R Mohan Reddy said that the aspiring entrepreneurs have an advantage of getting access to facilities provided by the the Sunrise Start-up. The facility is the best thing that could happen to aspiring entrepreneurs, it would create an IT incubator eco-system in Visakhapatnam, he said.

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Become entrepreneurs, not merely employees: Naidu