ahmedabad the 22nd convocation of the entrepreneurship development institute of india edii showcased a unique focus among graduating students instead of competing for higher pay packages the students were vying to showcase the impressive turnovers of their startups and venturesamong the 54 graduating students more than 30 had established their own ventures said edii officials these entrepreneurial endeavours spanned various sectors ranging from car customization to warehouse management sustainable fashion and chemical production some have completed a year with a sizeable turnover some have got seed funding some have got investors and some are registered with the state and governmentrun incubation programmes yashovardhan kothari founded build well infrastructure in ratlam focusing on the construction supply chain within a year the venture achieved a turnover of around rs 50 lakh my family business is diversified from power distribution to financing but i decided to chart my own path supplying raw material to workers needed for construction he saidnandini agarwal based in the city established bindi a sustainable fashion label that employs a factorytocustomer model resulting in a turnover of about rs 40 lakh in a year she branched away from her fathers garment manufacturing business we use the factorytocustomer model to cut cost and provide affordable formal apparels for women i identified the idea while brainstorming during classroom sessions identified the market needs and ecosystem she saidr n ravi the governor of tamil nadu was the chief guest at the event in his address he mentioned that it is a time of comprehensive revolutionary transformation this era is unfolding infinite opportunities for each one of us so you explore your destiny and soar high the country in encouraging its youth to tap their energies and potential it is creating an ecosystem where the youth can step forth today india is the fastest growing economy in the world with more than 1 lakh startups this is only because of the enterprising spirit of our youth he saidediis president and md of idbi bank ltd rakesh sharma and milind kamble founder of dicci were also present at the eventdr sunil shukla director general of edii in his address outlined the 40 years of the institute and elaborated on initiatives for msmes and startups in close collaboration with various stakeholders