Honouring the driving force behind India’s economic landscape

About The Initiative

Indian SMEs have long been the unsung heroes of our nation's economy, quietly but profoundly shaping our growth story. SMEs account for a staggering 95% of industrial units in the country, fostering economic growth, generating jobs for over 110 million Indians, and contributing significantly to our GDP. Many have even taken their success global, boosting India's export earnings and global trade standing. Yet, their remarkable contributions often remain hidden in the shadows. The SME Champion Awards initiative is set to change that, embarking on a six-month journey to mobilize the SME community, leverage the expertise of a seasoned jury, and ultimately celebrate the remarkable achievements of Indian SMEs.

These awards commence with a series of knowledge sessions to further help the Indian SMEs expand their growth horizon and wrap up with a finale celebrating the enduring determination, pioneering spirit, and resilience that defines the Indian SMEs, ultimately strengthening the backbone of our nation's economy.

Awards

SMEs contribute roughly 30% of total exports and play a crucial role in domestic manufacturing, accounting for up to 45%. However, despite their substantial influence, the stories of SMEs often go unnoticed. The SME Champion Awards are a significant recognition of the profound impact of Indian SMEs on the nation's economy. These awards provide a much-needed platform to highlight and celebrate their invaluable contributions, inspiring others to strive for innovation and excellence emphasising the pivotal role of SMEs in India's economic development.

Masterclass

With India aspiring to be the third largest economy by 2027, the SMEs will play a crucial role in treading the growth journey. Providing them the necessary knowledge base to expand and scale further, SME Champion Awards will mobilise the community at large, identify areas of growth and development with experts and bring them on one platform to discuss and adopt measures that can help them rise and raise the bar. Subject Matter Experts will hold these sessions enabling the SMEs not only to survive but thrive, underscoring their vital role in India's economic growth. These masterclasses reflect the commitment of CNBC-TV18 & HSBC to strengthen and support the SME sector, ensuring its continued success. SME Champion Awards are a significant recognition of the profound impact of Indian SMEs on the nation's economy.

Webinars

Bringing the maximum number of Indian SMEs on a virtual platform, constant knowledge and networking sessions will be planned in the run up to the awards. These sessions unite industry experts, policymakers, and entrepreneurs to equip SMEs with the insights required to navigate complexities, expand their operations, and excel in competitive markets. Providing an opportunity to SMEs to participate through polls and questions, these engaging sessions will be an extension of onground masterclasses that will foster collaboration and disseminate expertise, bolstering and empowering the SME community, further.

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