The event was inaugurated by the bank’s Deputy General Manager and Zonal Head N Vijaya Kumar. Wing Commander (retd.) Shri Ramamurthy, Director of Jnana Vikas Sangha, Bidadi was also present at the occasion along with both existing and prospective customers, who put up stalls to exhibit their products.
Talking at the event N Vijaya Kumar said that, the SME sector has grown more than 36 per cent over the last year and many small players of today have the potential to emerge as the industry leader in near future. He cited several such examples in support of his speech. He also appreciated the efforts made by reputed companies like Toyota Kirloskar Motors, Bosch, Ford etc. in the development of Bidadi Industrial region.
Shri Ramamurthy, in his speech, shed light on how the SME sector is contributing to the overall growth of small towns by generating employment. He also noted that, events like SME Expo, organized by financial institutions like Corporation Bank, instill awareness among the SMEs on various schemes and facilities offered by the banks.
A source from Corporation Bank said that, the bank will conduct more SME Expos in all industrial areas of Bangalore in this year.