Entrepreneurship plays a prime role in industrial development. Man''s first item of production started from arrows for hunting. Since then we have had sophisticated machines and equipment to produce large variety of goods and services. Scientific and technical inventions have enhanced the pace of entrepreneurship activities. The development in the areas of industrialization has been continuously affecting the lives of people in their social customs, consumption patterns, traditions, beliefs and industrial culture. An entrepreneur is helping industrial growth, in turn helping national income. India has always been a land of entrepreneurs. Entrepreneurs occupy a strategic position in the Indian Economy. It has played very vital role in fulfilling the socio-economic objectives of the nation. Our Entrepreneurs are mostly engaged with village, home and small scale industries. The contribution of Entrepreneurs with the help of SSI to our national economy cannot be underscored. Small scale industry sector is playing a remarkable role in widening the base of Industrial Entrepreneurship in India.