In recent times the opportunistic and economically liberalised market platform acts as a notable incentive to the innovators whose creative excellence gets emancipated into the age-old concept of Entrepreneurship which is the ongoing phenomenon in the world. The concept of Entrepreneurship is a multidisciplinary approach which requires synergised knowledge. The actualisation of an ingenious and resourceful idea by a risk seeker ie an entrepreneur which is technically termed as an Entrepreneurship and the prospective outcome is the Enterprise which could be seen as future wealth generating device together with societal furtherance.