The 'SME Leaders Conclave' is an informative panel discussion and presentations held in New Delhi and Mumbai to provide guidance, mentoring and advice to SMEs. The conclave mentors SMEs to overcome challenges that they are facing in today’s economy. SMEs are the backbone of Indian economy as they are responsible for 45% industrial output, 17% GDP and 40 % exports.

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ASEAN countries such as China, Bangladesh, Sri Lanka provide good opportunity for growth of Indian SMEs. The Indian SMEs should take advantage of this situation by addressing the problems of these markets. SMEs need to be very innovative to take advantage. They have to identify local needs and keep up with changes as per market demand.

The Federation of Indian ...

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During the recently concluded 'Indo-German Management Training Programme', Indian SMEs formed 11 joint ventures with German counterparts in sectors like auto components, engineering goods, machinery and the likes. The training program has been organized by CII-Avantha Centre of Competitiveness for SMEs.

In the coming six months period, 48 more joint ventures are likely to be formed. The program is where ...

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With the entry of big multinationals, Indian SMEs have started to gain. One example is of 'Delicia Foods' owned by Nainital-based couple Deepak and Alka Puri. The firm is now in the preferred list of Walmart and Carrefour.

It so happened that initially 'Delicia Foods' found it difficult to establish business due to lack of funds. But then eventually it ...

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A white paper of cabinet's decision on FDI suggested that 30 percent procurement from SME sector is not India specific. In a response to proposals regarding FDI beyond 51 percent, cabinet suggested that 30 percent sourcing has been made mandatory from artisans and craftsmen/SME village and cottage industries.

The 30 percent sourcing should be done from micro and small scale industries. ...

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