Entrepreneurship Development Institute of India (EDII) will be setting up an Entrepreneurship Development center in Bhutan. The proposed Center will be the 6th overseas entrepreneurship development center, established by EDII with the support of Ministry of External Affairs, Govt. of India, dedicated to promoting and nurturing entrepreneurship. The other countries that have seen such Centres with EDII’s efforts are Cambodia, Laos, Myanmar, Vietnam and Uzbekistan.
Commenting on the initiative, Bhutanese Minister of Economic Affairs, Lyonpo Loknath Sharma said that Bhutan is a country which has a beaming young population that is raring to go, and so it is important to create opportunities for them. He added that in Bhutan various departments and agencies are oriented towards working for the development of the youth, and urged EDII to integrate its efforts with theirs and create a wholesome and customised implementation plan.
Ruchira Kamboj, Ambassador of India to Bhutan, said, “I am happy that today we have started discussions on the feasibility of setting up an Entrepreneurship Development Centre in Bhutan. It is the need of the hour! I am glad that EDII has undertaken this task. I am certain that the Center will work towards promoting entrepreneurship and entrepreneurial avenues in Bhutan.”
Describing the significance of an entrepreneurship center, Dr. Sunil Shukla, Director General- EDII said, “ The upcoming Center will not only mentor new-age entrepreneurs but will also facilitate growth of existing enterprises. In this context, EDII will undertake a feasibility study to understand the potential of setting up an Entrepreneurship Development Centre in Bhutan, which will help fulfil the mandate of the Royal Government of Bhutan in terms of industrial development, job creation, and overall economic development.”