When the IIMs are being disallowed to set up overseas branches, the Ahmedabad-based Entrepreneurship Development Institute of India (EDI), which trains entrepreneurs instead of managers like the IIMs, is further spreading its wings overseas. The institute is all set to scale the wall of China. The institute, that has a presence in South Asia, is planning to set up an entrepreneurship institute in China.

“We are in talks with the government of India for their assistance to set up an institute in China,” said Dinesh Awasthi, director, EDI. The institute is believed to be eyeing Shanghai and Beijing, the preferred destinations for education. The markets in developing countries are potential grounds for the development of small and big businesses and entrepreneurship training may give a boost to the organised sectors.

At present, the institute is holding a three-day program to train the faculties in entrepreneurship. The programme has participants from Sri Lanka, Bangladesh, Pakistan and India, and is jointly organised by Beyster Institute, an organisation affiliated with the Rady School of Management at the University of California, San Diego and the Centre for SME Growth and Development Finance, Mumbai. The institute aims to promote entrepreneurship, mostly in the developing economies. EDI will replicate the Ahmedabad model in many other developing countries.

(The Economic Times)