Start up Ventures and Engineering based Manufacturing Firms: A Case Study of Mumbai, India
Start up ventures in the field of engineering based manufacturing firms allow engineers and technocrats to address
the unexplored needs of the society with the application a new technology, services, production or novel means of
manufacturing. It provides employment, fulfills the consumption needs of the economy, weeds out inefficiency and
empowers the society. The paper explores through the existing scenario of the startup ventures related to engineering based
manufacturing firms with special reference to Mumbai by employing the use of snowball sampling. It seeks to critically
analyse the inadequacies that exist at the firm level and brings about suggestions that could aid the promotion of the startup
ventures in India.
Keywords- Start-Up Ventures, Manufacturing Technology, Engineering Based Manufacturing.