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The book overall has been designed and written with a view to exploring Entrepreneurial Skills and the concepts of Industrial Management to the students of MBA/ BBA/B.Tech/ M.Tech / Diploma and understand with practical approaches. Each chapter carries the concept of management in-depth and explains it with suitable examples. In addition, topics 'Material Management, Labour, Industrial, and Tax Law' and 'Entrepreneurship Development and Intellectual Property Rights' have been added specially for the students, who need its credibility to incorporate in their basic fundamentals. Students and instructors are having an active role to play as academic leaders to make things innovative and always try to inculcate the reality and bring Principles together.