IndiaMART guides SMBs to trigger momentum at the Emerging Business Forum in Mumbai

Congregates esteemed leaders of the industry to draw insights in to the ‘Ease of Doing Business in India’

Mumbai, May 16, 2015:  World Bank Group recently ranked India 142 in the ‘Ease of doing business’ report and taking this significant insight forward, India’s largest online marketplace connecting buyers and sellers, IndiaMART held IndiaMART Emerging Business Forum (in association with ZEE Business) in Mumbai today. The forum converging around the key topic of ‘Ease of Doing Business in India’ was in sync with the Modi government’s goal to make India a business friendly destination. It was a crucial opportunity for the Small and Medium Businesses present at the forum, which are aiming to take the next big leap in the country and intensify the national ‘Make in India’ campaign. In its Mumbai chapter, the 5th edition of the IndiaMART Emerging Business Forum gathered over 200 SMEs from across the industry at Hotel Ramada, Powai. The Forum will be held in multiple cities across India.

According to Mr. Dinesh Gulati, Director, IndiaMART, “To achieve the Central Government’s ‘Make in India’ initiative, an aggressive SMB environment needs to be created. It requires simplification of policies , implementation of transparent and rational laws, new supportive infrastructure and technology built to aid business efficiency. While policies and reforms are being rolled out by the central government towards ease of doing business in India, a definite, time bound implementation roadmap will help businesses to grow & improve faster.

With the IndiaMART Emerging Business Forum being held in multiple cities we are creating a platform to bridge this gap. We wish to help businesses tackle the hurdles in the areas of financing, infrastructure, access to technology, marketing platforms, distribution networks and simplified taxation among others.”

Ms. KalpanaSaroj, Chairperson – Kamani Tubes administered a special session on the subject citing examples from her exemplary life as a successful entrepreneur. The other prominent leaders from the industry who marked their presence at the event were ChandrakantSalunke, Founder President – SME Chamber of India, Shinjini Kumar, Partner Banking & Capital Markets Leader – India and Ajay Thakur, Head, BSE-SME. The experts shared their insights on how Indian businesses need to leverage the present economic conditions and seek sustenance and profitability.
Preceding Mumbai, the forum has received great response from the industry fraternity in the cities of Faridabad and Ahmedabad. The symposium would now progress towards 11 more Tier 1 and Tier 2 cities including Kolkata, Jaipur, Hyderabad, Ludhiana, Surat, Vadodara, Bengaluru, Indore and Pune. It is deemed to unfold a series of profound discussions along with various influential industry experts on important topics related to the growth and development of SMBs in the country. The grand finale would be conducted in Delhi in the month of October.

About IndiaMART
IndiaMART is India’s largest online marketplace, connecting buyers with suppliers (small and medium sized businesses). The company offers platform & tools to over 3 million suppliers to generate business leads from over 15 million buyers, who use the platform to find reliable & competitive suppliers. The company has over 2600 employees located across 45+ offices in the country. Its existing investors include Intel Capital and Bennett, Coleman & Co. Ltd.

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