With an endeavor to empower micro, small and medium enterprises (MSME) operations in the state of Gujarat, Power2SME, the first ‘buying club’ for SMEs in India, organised an SME Transformation camp in collaboration with the Southern Gujarat Chamber Of Commerce and Industry (SGCCI) in Surat. With participation from over 100 SMEs, the event witnessed presence of Hetal R Mehta, President, The Southern Gujarat Chamber Of Commerce and Industry (SGCCI) and D.R.Patel, General Manager, District Industries Centre, Surat, who also addressed the session.
With a mission to propel the growth of large number of SMEs present in the region, Power2SME and SGCCI, as part of this alliance, acquainted enterprises on the need to embrace technology, an enabler that will help businesses to address and resolve key issues that include lack of access to working capital and raw materials procurement, to name a few. In addition to this, special sessions were held that threw light on the urgency to give thrust to financial inclusion in the SME segment, a sector that forms the backbone of the Indian economy.
The SME Transformation camp, Power2SME’s flagship event, identified problems, discussed solutions and addressed operational concerns and roadblocks that SMEs face. With an aim to transform SME businesses, the camp focused on providing them with an edge that would bolster their performance and revenue. With over 100 MSMEs participating in the event, the initiative received tremendous response.
R Narayan, Founder & CEO, Power2SME said “With over 33 lakh SMEs in Gujarat, the state has a distinct identity of being an entrepreneurial hub, engaging over 61 lakh people. By collaborating with the Southern Gujarat Chamber of Commerce and Industry, we aim to create a conducive environment for MSMEs to function and sustain themselves through offering them relevant business solutions, helping them grow and expand their business. We are confident that the SMEs participating in the Transformation Camp would have gained relevant insights which would help them augment their business further.”
Hetal R Mehta, President, The Southern Gujarat Chamber Of Commerce and Industry (SGCCI) opined, “Surat offers tremendous potential for the Micro, Small and Medium (MSME) enterprises to flourish. We are extremely happy to partner with Power2SME to help the SMEs enhance their business operations and overcome hurdles that could impede their growth. The SME Transformation Camp is an ideal platform to support, encourage and motivate SMEs in the region.”