Skip to main content

Kacharagadla Featured Article

5 Ways to Validate a Business Idea, Right Now

Don't let your day job or lack of capital stop you from finding and testing a business idea. Here's how.
Last year, I embarked upon a personal challenge to validate a business idea in 30 days. To make it even more difficult, it was a random idea chosen by my readers. They asked me to do it without using my existing website, traffic and business connections and without spending more than 20 hours per week on the project. On top of that, I limited myself to spending no more than $500 validating this idea. The experiment was a success.In just two weeks, I built an email list of 565 subscribers without having an actual website. Then, I reached out to a handful of those subscribers and pre-sold 12 copies of a book that didn't even exist yet, all in less than 30 days. I wrote about the experiment in real-time with in-depth weekly updates, successes, failures and lessons learned along the way, right here in my validation challenge. Today, I want to share with you the five most effect…

Naidu lays foundation for VEM Aerocity in West Godavari district

20 more small units will come up in the vicinity, he says
Chief Minister N. Chandrababu Naidu on Saturday laid foundation stone for the construction of the defence spare parts manufacturing company, VEM Aerocity, at Vatluru in Pedapadu mandal in West Godavari district.
He went round the photo exhibition arranged by the VEM company executives and interacted with the students. A Skill Development Centre had been proposed in the company to provide training for the youth.

Job generation

Addressing a meeting later, Mr. Naidu said the government had sanctioned 350 acres for the project, which could generate about 7,500 jobs once the construction of the company was completed. The Government of India listed the VEM Aerocity under A-Category and 20 more small units would come up in the vicinity, he said. Stressing that the government was giving priority for setting up industries and industrial corridors, the Chief Minister said jobs cannot be created without industries and the Defence Research Development Organisation’s (DRDO’s) unit in Kurnool, the Long Range Missile Testing Centre at Nagayalanka, Krishna district, the Army Training Centre in Chittoor and the BEL Optics Unit at Nimmakuru would be completed in the coming years ensuring good employment opportunities for the youth, he said.

Spare parts

“Under the Make in India programme, we have to develop spare parts in the defence and research wings with our own technology. We are trying to provide jobs locally for the youth and prevent them from flying abroad. About ₹2,000 crore investment with over 20 ancillary units is expected at Vem Aerocity,” the Chief Minister said amid huge applause.

Ministers Peetala Sujata, Kamineni Srinivas, MLAs, VEM Aerocity representatives and officials participated in the programme.

Comments