Roadmap towards Excellence
Saturday, 16th February, 2019
0930 Hrs - 1730 hrs
Hotel Taj Connemara, Chennai (India)
Hon’ble Minister for Rural Industries, Government of Tamil Nadu
Hon’ble Minister for Tamil Official Language & Tamil Culture, Government of Tamil Nadu
Secretary
Department of Micro, Small & Medium Enterprises, Government of Tamil Nadu
Chairman
Chennai Region, Institute of Directors & Former Chairman and Managing Director, Indian Bank
Former Scientific Advisor to Late Former President Dr APJ Abdul Kalam
Director
MSME Development Institute, Ministry of Micro, Small & Medium Enterprises, Government of India
Gen. Manager & Regional Head, Small Industries Development Bank of India (SIDBI)
General Manager
Indian Bank
Senior General Manager
City Union Bank
President
All India Manufacturers’ Organisation (AIMO)
Joint Secretary
Tamil Nadu Small and Tiny Industries Association (TANSTIA)
CEO & Managing Partner
Surana & Surana International Attorneys
Secretary
Cyber Society of India (Session Moderator)
Head MSME & Transaction Banking, Lakshmi Vilas Bank
Convenor
FICCI Tamil Nadu Technology, Panel & President, Software Process Information Network, Chennai
Director
IARM Information Security Pvt Ltd.
Business Solution Evangelist & Director of Engineering Zoho Corporation
Promoter & CEO
V Mahesh & Associates
Partner
Emphasis Ventures
Micro Small & Medium Enterprises (MSMEs) play an important and strategic role in the economic growth and equitable development of a country. Worldwide, the Micro Small & Medium Enterprises (MSMEs) have been accepted as prime drivers for employment generation and growth of GDP, besides contributing to the balanced regional development. MSMEs are in a unique position to become global players attracting partners with technology and funds. These enterprises impart the resilience to withstand economic upheavals and maintain a reasonable growth rate since being indigenous is the key to sustainability and self sufficiency.
The vibrancy of the Micro, Small and Medium Enterprise (MSME) sector in the macroeconomic context cannot be overstated as it accounts for 7% of India’s GDP, 45% of total manufacturing output, and 40% of Indian exports while employing over 117 million people. Given the critical importance of the sector, due attention from the financial system must be accorded to address the challenges inherent in servicing this segment.
Though there is plethora of growth opportunities and the initiatives being taken both by the Centre and the State Government, there are multiple numbers of challenges the MSMEs continue to face. The major ones being ease of doing business, easy access to credit, impact of major policy reforms, technology upgradation etc. Time is ripe for all the stakeholders to come together to create an enabling ecosystem for the growth of the MSMEs in the state.