The attractive picture of Asia is formed by interlocking pieces of vastly distinct dynamics of individual countries; Japan is large, China is rising, Korea is developed and India has an immense amount of potential.

In most Asian countries, small-and-medium-sized enterprises (SMEs) are of overwhelming importance. "SME is also the biggest source of employment-providing livelihood for over three-quarters of the region's workforce especially women and the young." Therefore, the SME sector will remain the backbone of every economy of the Asian region and elsewhere. Providing support to SME growth and compositeness is no longer an option for the developing nations. With basic evolution of pace, process and patterns of production. Asian SMEs have to manage growth and change with the changing environment.

To address the need of developing new, committed and innovative entrepreneurs on a large scale .The IPM Ghaziabad in collaboration with University of Greenwich are in the process of conceptualizing and launching an Entrepreneurial Development Programme through Regular classes titled "Post Graduate Diploma in Entrepreneurship Mgt.". While designing such a course, we thought that a management degree teaches you to manage processes, System and ideas. Such Skills are not of much use to entrepreneurs.