The Delhi-NCR and Coimbatore chapters of The Indus Entrepreneurs (TiE) organized one day conference on SMEs – Building in India for the World in partnership with IndiaMART & Lufthansa Group.
About 8 speakers addressed the Innovative Financing Options for SMEs, New growth opportunities in the post-Covid world, Opportunity Generation & Early Business Development, The Secrets of Networking Superstars, & more.
Somasundaram Arumugam, the President of TiE Coimbatore said, “The idea behind this conference is to make all of us become SMART.” Smart, according to him, stands for Specific Goals, Measurable endeavours, Achievable & Reachable targets and Time-bound actions.
Speaking about the conference, G.Karthikeyan, Former President of TiE Coimbatore and Founder, GKM Global Services said, “This event is designed in such a way to improve the potential of SMEs. Today, there are platforms to facilitate financing, like TReDs (Trade Receivables Discounting System), RXIL (Receivables Exchange of India), Invoicemart etc, that can support SMEs businesses. Government schemes like Collateral free Working Capital Loans beside Incentives are available for eligible organizations which can help SMEs to move ahead.”
Commenting on the conference, George Ettiyil, Senior Director Sales, South Asia, Lufthansa Group said, “Having always been driven by innovation, Lufthansa Group has enjoyed a natural partnership with key stakeholders like TiE Delhi-NCR.MSMEs are an important pillar for the successful socio-economic development of our country. With this conference, we will bring to the fore leading experts in the SME sector. And with specially curated sessions by SMEs for SMEs, we hope that budding ventures will leave inspired by many conversations at the event.”
Geetika Dayal, Executive Director, TiE Delhi-NCR added, “Over the years, TiE Delhi-NCR has played a pivotal role in fostering entrepreneurship, nationally. Both startups and SMEs contribute immensely towards nation building & we are committed to nurturing both. With our valued partners: Lufthansa Group and IndiaMART, we are happy to now, create a platform for SMEs.”
Pradeep Yuvraj, Secretary, TiE addressed the SMEs to embrace technology, give importance to the designs of their products and foster innovation. He also wanted them to think like a startup, especially when it comes to managing funds and see if they can solve global needs with their products and solutions.
