Virbhadra Singh appreciates IndiaMART’s concern for SMEs

BANGALORE WISHESH,

The forum emerged as the biggest ever platform to address and discuss pain points of SMEs. Inspiring over 4500 SMEs to take the ‘Next Big Leap’ in this journey, the forum catalysed knowledge-sharing by luminary panelists and enlightening insights from SME clusters across the country.

Union Minister for MSME Mr. Virbhadra Singh, participating as the chief guest in the IndiaMART Emerging Business Forum in New Delhi appreciated the oganisers of forum’s four months long journey across13 different cities of India. The forum emerged as the biggest ever platform to address and discuss pain points of SMEs. Inspiring over 4500 SMEs to take the ‘Next Big Leap’ in this journey, the forum catalysed knowledge-sharing by luminary panelists and enlightening insights from SME clusters across the country. The sole aim was to churn out practical solutions for varied business functions and pertinent challenges faced by the SMEs. The presence of over 500 SMEs at the finale ensured that it turned out to be a spectacular event.

Appreciating this initiative by IndiaMART.com and Zee Business, Minister said, “This activity of taking note of contribution of MSMEs is taking momentum in the country. The industries in MSME sector are gaining momentum day by day especially with the interest taken by the prime minister, by setting up the task force.” He added that the government is giving a lot of impetus to credit guarantee to MSMEs. However, he shared that much more is required for financial assistance to these units. On the current economic scenario, he said, “We are passing through a difficult phase but India is on a recovery mode. Let us not be disheartened. Slowdown is a global phenomenon and mighty countries such as US, Europe, Japan, are also facing the same downturn. There is no need to panic and we have enough sources to fight the present situation.” Speaking on the occasion, Mr. Dinesh Agarwal, Founder & CEO, IndiaMART.com, said, “We are extremely thankful to Virbhadra Singh for gracing the finale of IndiaMART Emerging Business Forum. This forum is unique not only because of the huge participation by SMEs, industry associations and policymakers at all 13 on-ground events but also because of the efforts put in to find solutions to the issues faced by SMEs, instead of just touching upon them. We also extend our thanks to Zee Business for their support in making this a success.” (SSNS)

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