INDORE ROUND UP

Reliance Commercial Finance in association with SDRC, held the 10th India SME Forum's Indore Edition which took place on 27th October 2012 in The Fortune Landmark Hotel, Indore in the presence of more than 200 SMEs from and around Indore.
The Welcome Session started with Mr. Ashok Badjatiya, President of Association of Industrioes, Madhya Pradesh delivered the welcome address illustrating the need of the hour to educate and support the SMEs, emphasizing the strengths of the SMEs sector and the right steps taken by the present government. Mr. Vinod Kumar, Country Manager SDRC, & Secretary, Jury Board, ISF presented a vote of thanks.
The first session about Branding and Technology had illustrious speakers, Mr. Prahlad Kakar, Brand & Advertising Guru and Mr. Shashi Ravulapaty, CTO, Reliance Capital. The session was marked with warm notes and exchanges of highly relevant information to SMEs. During the Q&A, on a query of SMEs still affected by problems like logistics, approvals, registrations and infrastructure, Mr. Prahlad Kakar requested the SMEs that, the solution was in SMEs getting united via this forum and form a lobby which can raise these issues. Further he suggested that SMEs can be louder and effective in raising their issues by getting united as that shall make them powerful as their united turnover would itself be a big enough number for any government to take notice.
In the next session on Funding, panelists Mr. Venkatesh Kannappan, National Sales Manager, SME & Healthcare, Reliance Commercial Finance; Mr. Ravi Tyagi, Head SME Project, National Stock Exchange; Mr. Manish Bhatt, VP & Head IPO at Primary Markets, Prabhudas Lilladher P. Ltd and Mr. Rajesh Dubey, Ex CEO SMERA, focused on financing of SMEs, through an in depth discussion about Raising Funds from IPOs, Debt Funding, Venture Capital/ Seed Funding /Growth Capital etc and Fiscal Discipline & Ratings.
Mr. Vinod Kumar, Country Manager & Senior Partner, SDRC India, moderator and convenor of the conference discussed various case studies about the SMEs who have been successful or been able to make a difference and exhorted the SMEs in MP to create shining examples of a flourishing SME culture in the state.
The conference was well attended and highly participative with most attendees immersing in the sessions.