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If you have zeal and business acumen, you can also definitely be good in business. · With population of merely 0.30% They Contribute 24% towards Total income tax of india · Overall contribution of 20% in GDP of india by sindhi people Entrepreneurship has been considered as a major source of employment generation, economic Growth and prosperity of a nation. India is also not an exception for good entrepreneurship.(ebrand2572019vs) The term “entrepreneurial communities of India” has been conceived about several entrepreneurial communities which have the history of contributing by being entrepreneurs especially Gujarati, Marwari, Punjabi, Sindhi, Chettiars, and Jain etc. In India a few communities with trading, money lending and financing background dominated in entrepreneurship. Out of which Sindhi community is considered as a fastest growing rich community is India. Sindhis being a mere 0.3% of the total population of India has about 7–8 Billionaires in the Forbes India Rich list of Top 100 Richest Indians. Mr. S.P. HINDUJA has become the second richest Indian, and the Richest Person living in the U. K. The overall contribution of Sindhis is 20% in GDP of India, 24% of total Income Tax collected has been contributed by Sindhis and 62% contribution is in total Charity Fund. 46% Share Brokers are Sindhis. Their presence in Bollywood, Cloth mercantile, Grocery, Electronic and Consumer goods is predominant. History Sindhis are a community originally from Sindh, which is now in Pakistan. Sindh has been known as a beautiful land, rich in natural resources. Once the owners of the rich province of Sindh, they had to sacrifice everything and leave their home in the aftermath of the Partition & moved to India. As refugee, they have experienced very hard time and feelings of losing their own belongings and wealth at Sindh. It keeps them alert in doing something and earning out of whatever they have. Therefore, they never deviate from their focus. Guided by their sharp business acumen and adaptability, Sindhis have braved the Partition, fled from one nation to another and weathered ups and downs in the economy to set up some of the biggest companies in the world Why they are different 1-Sindhis are self-reliant:-Sindhis do not seek any support from others. In most Sindhi families, they do not prefer public sector jobs due to their business mindset. They are exposed to the family business from childhood itself, creating in them business aspirations at an early age. Sons were expected to earn even while they were studying—what is now known as ‘to shadow’. 2-Most of them had not been to Harvard Business School but they understood that the key to business success is to directly address the customers’ need, and they rebuilt their fortunes by doing precisely that: 3-They never rely on one source of income - they always support there low cost business with other profitable business. 4-They Save Money wherever possible - no matter how much rich A Sindhi would be - he will always care for every penny he spend. What differ them from other communities? Always down to earth First they work hard and they are not ashamed of doing their work. Every job in business is dignified for them. They don’t feel ashamed in cleaning their shop and don’t need an assistant for them. And all start from there. Never say die attitude One will see that they continued in their race towards making the big bucks, not letting their failures dictate their next step. “They are constantly moving forward despite all hardships and geographical factors. They believed in sacrificing profit for large turnovers. On business side they take risk and don’t mind working on thin margin to build business. They usually believe in business of high turnover and less margin but eventually earn good profits & in the process they earn lot of new customers and get new areas to excel business For example- if shops around them sold sugar for Re 1 per kg in bags of 50 kg, Sindhi businessmen would buy the same and sell them at 99 paise a kg. Their price being 1 paise cheaper and thus sold hundreds of bags making a loss of 50 paise per 50 kg bag. Contact Us: Mobile No: +91 8097027355, +91 9137256150, +91 9222086563 Email: [email protected] | [email protected] Mumbai Office Address: Unit No.450, Mastermind One - IT Park, Royal Palms, Aarey Colony, Goregaon(E), Mumbai, Maharashtra 400065
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