The IndiaMART Emerging Business Forum (EBF) Season 5 Grand Finale was held at Hotel Pullman, Aerocity, New Delhi, today. After mobilizing the grand spirit of MSMEs across 12 cities and charting out ways to aid them in their entrepreneurial journey, IndiaMART today brought the curtains down to its ongoing Emerging Business Forum 2015.
Themed
Make in India: The Ground Reality, the concluding EBF session analyzed the country's existing business environment, eco-political situation, manufacturing and exports for SMEs to learn and take the next big leap. The event also analyzed the Government’s Make in India vision and its real impact on the ease of doing business.
Dinesh Agarwal, CEO and Founder IndiaMART in his inaugural address, lauded Prime Minister Modi’s ambitious vision for SMEs to contribute to 25% of the GDP by 2025. He believes it to be an immense opportunity for the industry. “
Riding on the momentum we believe that SMALL IS BEAUTIFUL. SMALL is the NEW BIG. Small is innovative, sharp, agile, flexible and is able to mould and deliver”. Talking about the power of the internet, he said, “
Internet is the most fertile medium and it is revolutionizing the SME ecosystem in the country. Over 20 lakh suppliers at IndiaMART conduct 20-80% of their business by leveraging the internet efficiently and the profit margin they earn is higher than those businesses that do not use the internet”.
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We request the Government to take steps towards building a conducive business environment and simplify complex policies and processes. Reforms like implementation of GST, easing financing options for SMEs and encouraging technology adoption are some of the crucial factors that would place SMEs on a high growth trajectory.”, he added.
The event also witnessed a special address by
philanthropist and spiritual guru, Sadhguru Jaggi Vasudev who spoke of SMES as the only engine that keeps running and buzzing in the country despite the various disruptions affecting the economy. “
Easy access to finance and access to technology are the two crucial factors that are deterring MSMEs growth matrix in the country. For Make in India vision to be a practical reality, it would take at least 8 to 10 years and cannot be proved in 18 months.”
Kalraj Mishra, Union Minister for Micro, Small and Medium Enterprises also gave a special address at the Grand Finale of the forum.
The 5th edition of IndiaMART Emerging Business Forum’s Grand Finale in Delhi is preceded by its tremendous success in cities, including Faridabad, Ahmedabad, Kolkata, Jaipur, Hyderabad, Ludhiana, Surat, Vadodara, Bangalore, Indore, Pune and Mumbai.
About IndiaMART IndiaMART is India's largest online marketplace, connecting buyers with suppliers. The company offers a platform and tools to over 2 crore buyers to search from over 3 crore products and get connected with over 20 lakh reliable and competitive suppliers. Founded in 1996, the company’s mission is ‘
to make doing business, easy’. The company has over 3000 employees located across 55+ offices in the country. Its existing investors include Intel Capital and Bennett, Coleman & Co. Ltd.
Photo Caption: Mr Dinesh Agarwal, Co founder at Emerging Business Forum (EBF) Season 5 Grand Finale 
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