Power2SME collaborates with MSMEs in Bhiwadi
New Delhi, Jan 22 (KNN) Power2SME, the first ‘buying club’ for Small and Medium Enterprises (SMEs) in India, collaborated with Bhiwadi Manufacturers Association (BMA), to address their large member base around the company’s value offerings.
The initiative aims to unleash the untapped potential of the Micro Small and Medium Enterprises (MSMEs) by offering solutions for the roadblocks faced by them in the region. Dignitaries from state and local government bodies were in attendance at the SME Transformation Camp event jointly organised by Power2SME and BMA in Bhiwadi.
The alliance also aims to connect with the large base of MSMEs in the region and conduct a series of events throughout the year. The initiative received tremendous response from the MSMEs participating in the event.
Speaking on the occasion, R Narayan, Founder & CEO, Power2SME said, “We seek to offer comprehensive solutions including extending procurement and sourcing of raw material, financial aid and MRO services in order to help MSMEs overcome operational challenges. By organising SME Transformation Camps and addressing their issues, we aim to create an enabling environment for the large base of SMEs present in the state. We have found a great partner in BMA. This partnership will help in meeting our objectives, which are to help enhance productivity and revenues of the sector, contributing to economic growth at the local as well as the national level.”
“We are glad to partner with Power2SME to bolster the operations of MSMEs in Bhiwadi. This association will benefit the large number of MSMEs present in the region to help augment their growth. Companies like Power2SME help these enterprises enhance operations and boost confidence & business performance. We encourage more and more SMEs in the state to take part in the initiative being undertaken and gain from the knowledge and expertise exhibited in the SME Transformation Camps being organised,” said B M Mittal, President, Bhiwadi Manufacturers Association (BMA).
Sumit Jain, Deputy General Manager, MSME Technology Centre, Ministry of MSME also graced the event with his presence and addressed the session.
Since its inception, Power2SME has been committed to enhancing productivity and revenues of the MSME sector, which is critical for overall growth of the Indian economy. In the past few months, the company has expanded its operations foraying into states like Uttar Pradesh, Karnataka, Telangana, Punjab, Orissa, Andhra Pradesh, Madhya Pradesh, to name a few.