June 2022, Noida, Uttar Pradesh: MSME Business Forum India, a subject matter expert ecosystem assisting MSMEs in Ease of Doing Business, is delighted to announce its ‘MSME Banking Conclave & Expo 2022’ scheduled for July 8, 2022, Holiday Inn, Mayur Vihar, New Delhi. The Conclave aims to educate and empower MSMEs in understanding how to select the right financial solution.
Different businesses have different credit requirements. The MSME Banking Conclave & Expo 2022 is designed to help owners and entrepreneurs discover the various innovative financial solutions suiting their business expansion goals. The Conclave is being supported by industry leaders and think tanks. The Conclave shall be attended by dignitaries, ambassadors and policymakers influencing India’s Ease of Doing Business and financial policies.
Supporting Chamber, Confederation of Biomass Energy Industry of India (CBEII), Lt Col Monish Ahuja (Retd) said, “We are excited to partner with MSME Business Forum India to empower Indian MSMEs. The upcoming Banking Conclave and Expo 2022 is designed to create awareness of the elasticities and the agility financial products have introduced in the post-pandemic phase. Such solutions can go a long way in helping our members redesign their growth strategies. India needs to explore the existing financial products to combat various apprehensions about capital-raising. I want to thank Shri Ravi Nandan Sinha for allowing us to partner for the event.”
As the year 2022-23 starts to regain a sense of normalcy, new business trends are emerging, and understanding them can help small businesses GROW again. Small-business owners can learn to multiply their efforts exponentially by connecting with the right people and getting the right advice from partner financial institutions.
Shri Ravi Nandan Sinha, Director of Development, MSME Business Forum India, said, “Indian MSME Owners must learn to recognize how a strong business credit score can help gain affordable credit. MSMEs have been among the worst impacted segments in the pandemic, and many have found it difficult to sustain themselves. Inadequate financial literacy, Liquidity crunches, poor management of financial assets and Lack of Modern Financing Solutions are impressing setbacks for India’s MSMEs sector on the banking front. We invite all our partners, members and the community to sign up for the program now.”
“As India aspires to be a $5-trillion economy, the role of MSMEs can’t be excluded. The MSME sector in India is considered the backbone of the nation’s economy and vital fuel for economic growth. MSME Business Forum is intensely focused on handholding and scaling MSMEs by the desired interventions of Subject Matter Experts. ‘MSME Banking Conclave & Expo 2022’ aims to discuss diverse hypercritical banking confrontations and highlight the promising opportunities for MSMEs in their business growth journey”, Ravi Nandan added.
To strengthen the relationship between the Small & medium businesses (SMBs), the financial institution MSME Business Forum India (MBFI) has partnered with MediaValueWorks (MVW), India’s leading Marketing Agency for the MSMEs.
Recently concluded Business Conclave 2022 had received an overwhelming response and footfall from esteemed dignitaries, ambassadors, influencers, and members who confirmed their participation. We hope to maximize the massive impact of MSME Banking Conclave 2022 as we receive overwhelming responses from dignitaries, startups and MSMEs across the nation. The event is scheduled for July 8 2022, at one of the finest locations of New Delhi, Holiday Inn, Mayur Vihar, which has proximity for people to travel from both sides – New Delhi and outside.
Rachana Chowdhary, CEO-MVW-MSME Development Centre said, “The massive disruption in the fintech industry is offering users many opportunities. The present and future business challenges have continuously become sophisticated, and to competently address them; needs a change in our outlook and capabilities. The MVW-MSME Development Centre is handholding community members with the best practices to leverage their skills and expand their horizons. Creating awareness, enthusiasm for growth, and the right skillsets are a roadmap MVW-MSME Development Centre offers, with the vision to support and empower MSMEs to generate impact.”
India has around 6.3 crore MSMEs, contributing approximately 29% to the country’s GDP. Over the decade and significantly after the global pandemic, the role of MSMEs has increased considerably and contributed extensively to employment opportunity creation and industrialization of the rural and backward areas. The development of MSMEs directly means accelerating business growth for the Indian subcontinent.