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MSME CONCLAVE: Enhancing the Competitiveness of MSMEs
HighLights
 
  • Delivering the Welcome Remarks at the Inaugural Session of the Conclave Mr Sameer Gupta Chairman, CII Western UP Zonal Council said that The MSME sector in India has reached an inflection point mandating a new roadmap driven by technology and innovation for them to scale up and achieve a higher growth trajectory.

 

·         Mr Brij Bhushan, Sr Vice President, Western UP Chamber of Commerce & Industry said that the Micro, Small and Medium Enterprises (MSME) sector has been recognized as engine of growth all over the world. The MSME sector plays a very significant role in terms of balanced and inclusive growth and contributes to the process of economic development, equitable distribution of national income and regional dispersal of enterprises by way of mobilization of capital and entrepreneurial skills.

 

  • Mr Mayank Ajay Gupta said that, This economically significant sector needs special focus in terms of policy formulations and its implementation. They must be assured of access to finance, markets and technology

 

  • Mr Ajay Thakur, CEO- SME Segment, BSE Ltd said The Micro Small and Medium Enterprise (MSME) sector forms the largest generator of employment in the Indian economy. He added Equity Financing will lower the Debt burden leading to lower financing cost and healthier balance sheet.

 

  • Mr Naresh Narula, Head Alliance, Power2SME, BEBB India Pvt. Ltd spoke on their online platform that enables the SMEs to cut costs and build efficiencies in their business processes, thus allowing them to compete on an equal footing with large enterprises

 

  • Mr Girish Kumar , Managing Director, Sai Electricals Ltd was the session chairman for this session. He spoke on the need for Innovative Financing for MSMEs. MSMEs thus can be looked upon as a source of constant renewal in commerce and industry and as a wellspring of competition and dynamism. Consequent to the increased globalisation of the Indian economy, MSMEs are required to face new challenges. 

 

  • Mr Yeshwant Adarkar, Assistant General Manager, SIDBI spoke on the need for cost management and elaborated on the various financing schemes available with SIDBI.

 

  • Mr Ravi Malik, General Manager, Bank of Baroda said that “SME Exchange provide the SMEs with equity financing opportunities in growing their business from equipments to acquisition.

 

  • The session was attended by various industry members from MSME Sector.
 
Description

CII Western Uttar Pradesh Zone organised an MSME Conclave on 27 November 2013 , Meerut.The Conclave deliberate on various issues impacting MSMEs growth and also provides a platform to collaborate, network and explore opportunities to enhance growth.

The Micro, Small and Medium Enterprises (MSME) sector has been recognized as engine of growth all over the world. The MSME sector plays a very significant role in terms of balanced and inclusive growth and contributes to the process of economic development, equitable distribution of national income and regional dispersal of enterprises by way of mobilization of capital and entrepreneurial skills. 

Despite an elaborate and dynamic policy framework, the progress of Indian MSMEs continues to be hindered by some of the basic constraints as poor credit availability, low levels of technology & innovation (hence, low product quality and limited exportability) and inadequate or no basic infrastructure, both physical and economic.
 

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Knowledge Resources
You will get access to following Knowledge Resources by subscribing to the Digital Library of this event.
 
Enhancing the Competitiveness of MSME
Leveraging Technology for Growth & Change Growth to Profits by Mr Naresh Narula, Head- Alliances, Power2SME
SMP and ITP by Mr Ajay Thakur, Head,BSE-SME, Bombay Stock Exchange
Why are SMEs so important to a country’s economy? by Mr Ravi Malik, GM, Bank of Baroda
 
Charges to access Event
 
Participant TypeAmount (in Rs)
Member
1500
NonMember
2000