The Delhi-NCR and Coimbatore chapters of The Indus Entrepreneurs (TiE) are organizing a day-long conference on SMEs - Building in India for the World in partnership with IndiaMART & Lufthansa Group. The conference has brought together industry experts, key stakeholders, and business leaders to discuss the challenges, and opportunities for the SME sector.

Commenting on the conference, Mr George Ettiyil, Senior Director Sales, South Asia, Lufthansa Group said, “Having always been driven by innovation, Lufthansa Group has enjoyed a natural partnership with key stakeholders like TiE Delhi-NCR. Over the years we have together successfully contributed towards creating a conducive environment for businesses to thrive. MSMEs are an important pillar for the successful socio-economic development of our country. With this conference we will bring to the fore leading experts in the SME sector. And with specially curated sessions by SMEs for SMEs, we hope that budding ventures will leave inspired by many conversations at the event.”

A stellar line up of speakers touched upon Innovative Financing Options for SMEs, New growth opportunities in the post-Covid world, Opportunity Generation & Early Business Development, The Secrets of Networking Superstars, & more.

Somasundaram Arumugam, the President of TiE Coimbatore welcomed the gathering, and said that through this conference the participating members, which include SME Entrepreneurs and Start-ups, will have the opportunity to connect with lot of entrepreneurs, so naturally they will get some valuable business ideas. They will also get to know through this event that there are different options for funding for SMEs from both the State and Central Government. "The idea behind this conference is to make all of us become SMART," he said. Smart, according to him, stands for Specific Goals, Measurable endeavours, Achievable & Reachable targets and Time-bound actions.

“IndiaMART for the past 26 years has been empowering millions of small businesses. We are happy to have TIE by our side as a long-term partner who shares our vision and has been handholding startups and SMBs in their transformational journey. "SME's - Building in India for the World" is another such event where industry experts will dwell upon the opportunities ahead for our MSMEs and how technology can enable them well to speed up their journey towards those opportunities. Such platforms offer excellent learning opportunities to both the sides.” said Dinesh Gulati, COO, IndiaMART.

"Over the years, TiE Delhi-NCR has played a pivotal role in fostering entrepreneurship, nationally. Both startups and SMEs contribute immensely towards nation building & we are committed to nurturing both. With our valued partners: Lufthansa Group and IndiaMART, we are happy to now, create a platform for SMEs. Going forward we wish to continue our initiatives towards supporting the SME sector, wholeheartedly." said Geetika Dayal, Executive Director, TiE Delhi-NCR.

G.Karthikeyan, Former President of TiE Coimbatore and Founder GKM Global Services is one of the speakers at the event. Speaking about this conference, he said that TiE Delhi-NCR and TiE Coimbatore coming together to organize such a knowledge sharing event is really appreciable. This event is designed in such a way to improve the potentials of SMEs. Sharing about his topic at the conference 'Innovative Financing Options for SMEs', he said for quite some time SMEs are looking at financial options that are conventional. Today, there are platforms to facilitate financing, like TReDs (Trade Receivables Discounting System), RXIL (Receivables Exchange of India), Invoicemart etc, that can support SMEs businesses. Government schemes like Collateral free Working Capital Loans beside Incentives are available for eligible organizations which can help SMEs to move ahead.

Pradeep Yuvraj, Secretary, TiE in his address shared with SMEs to embrace technology, give importance to designs of their products and foster innovation. He also wanted them to think like a startup, especially when it comes to managing funds and see if they can solve global needs with their products and solutions.

The speakers G.Karthikeyan, Founder, GKM Global Services; Dr. J. Mohanasundari, MD, Sharp Electrodes & Kayjay Sharp Trendys; Kunal Singhal, MD, EAZY Business Solutions; Paritosh Pathak, Founder, Paritosh Pathak International; Pradeep Yuvaraj, MD, Prezantim Presentation Strategy; Samuel James, Regional Director, Tamil Nadu, IndiaMART; Smita Khandelwal, New Business & Accounts Manager, Lufthansa Group Airlines; R. Ramamurthy,Past President, CODISSIA; Somasundaram Arumugam, President, TiE Coimbatore, Chairman, MMS Global Eye Hospital, Srikant Sastri, President, TiE Delhi-NCR, Srikant Viswanathan, Sr. Account Manager, Tamilnadu and Sri Lanka, Lufthansa Group Airlines are speaking at the event today.