Gap Between Industry and Academics Leading Over 90% Startups to Failure Dr. Azmathullah Khan

Hyderabad, Ocober 16: “Over 90% of Indian startups fail because of poor technical foundation or gap between the industry and the academics”, said renowned business mentor and MSME coach Dr Azmathullah Khan. Delivering a lecture on “Challenges in MSME” and proposing solutions to the current crises faced by the MSME sector, Dr Azmathulla Khan said “to improve the success rate and prevent MSME startups from failing, a culture of incubation is required at the college level.”

“There is need for incubation centres for MSMEs and startups to come up at college level for better results”, he said.
Speaking on the occasion Media Plus Foundation General secretary Syed Khaled Shahbaaz urged youngsters to take advantage of the enormous potential for startups in Telangana as the state already has 2.6 million MSMEs drawing over 18 thousand crores in investment. He called upon young graduates to turn their innovative ideas into startup businesses and contribute to national building.

Director Scientific Minds Syed Sadath, educational consultant Dr M.A.Hameed, Director Lavu India Mr Abdul Khuddus, Ms. Shagufta Parveen, Syed Zia-ur-Rahman, Bada Business Partner Ms Samreen Sahar, renowned Intellectuals, academicians, and educationists participated and shared their views during the seminar.