Inauguration by Shri Parnab Mukherjee ,Hon'ble President of India
Timing of Inauguration -Mon Apr 17 2017 at 05:00 pm
Venue Details of Expo Centre -
India Exposition Mart Ltd
Greater Noida
Uttar Pradesh
India
Land Mark -Galgotia Engineering College
Indian SMEs & Startup's has been the growth engine of Indian economy. They have been rapidly re-innovating to enhance competitiveness in the dynamic global and domestic business environment. Traditional people-oriented and manual process driven styles of business are clearly witnessing a transformation towards a technology enabled process centric working environment.
India's SMB's segment is playing a significant role in India’s economy employing 40 per cent of India’s workforce, contributes > 17 per cent to national GDP, has 45 per cent share in manufacturing output. These business needs are driving increased opportunities and the SMB market is seeing a CAGR of about 15 per cent Y-o-Y and this growth is about to propel further in the years to come. According to the MSME Annual Report, around 68.2% enterprises in the SME sector are engaged in the service sector. Thus, the robust growth experienced by SMEs can be attributed to their steady growth in the service sector.
The services list of MSME sector varies by industry and provides deep specialization in areas of expertise. Following are few categories:
- Finance and investment advisory
- Accounting and Tax related services
- Company secretarial services
- Legal and Governance
- Intellectual property managementservices
- Process and Compliance services
- Marketing and Sales services
- Digital marketing services
- Market Research and Analytics
- Human resources - recruitment, management and engagement of labor
- Startup incubator & co-working services
- Industry consulting and advisory services
- Plug and play services - logistics, warehousing
- Investment Firms and VCs
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