The history of Indian Trade and Commerce goes back to 3000 B.C. Indian merchants used to navigate many sea routes and the start of Caravan was an important event for the merchant community. Merchants when traveling with a caravan appointed one of themselves as leader and a partnership was entered by two or more merchants and they made an agreement too distribute profits and losses. It is India that which gave birth to Management identity. In the ancient world, India stood foremost in industry and business. In 1001, 33% of the world trade was India’s share. I was surprised to see this figure when I read this in a book. That is why now India kept itself in a strong position as far as Entrepreneurship sector is considered.

Now let us move our discussion to basic roots of Entrepreneurship and Entrepreneur skills in ancient India which were explained in Artha-Shastra an extra ordinarily detailed manual on state craft by one of classical India’s greatest minds KAUTILYA or CHANAKYA. Artha, literally wealth is one of the four supreme aims prescribed by Hindu Tradition. When I was reading a book about Artha Shastra I felt that there was nothing more that we can suggest now to an Entrepreneur to develop these and those skills. In long ago only it has been stated about Management techniques with 8 fold path like Yama, Niyama, Asana, Dhana, etc., where Yama implies to Resource Mobilization, Asana implies to building up the infrastructure etc, Artha Shastra is the ‘Science of Economics’, including starting productive enterprises, taxation, revenue collection, budget, and accounts. In ancient India Patali putra was a big commercial town, which was also a center for export. Similarly Taxila, Varanasi, Kanchi, Madurai, Kava, Patna etc, were very famous for their business importance.        

    After reading many books about ancient Indian trade and management one thing is for sure that there is no single, best type of Entrepreneur. Like a liquid, Entrepreneurship tends to take the shape of its container.

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