National Conclave on “Financing The Future Giants” – Exploring Opportunities and Adding Value on 26th – 27th November 2008 at Hotel Shivalik View, Chandigarh, INDIA
With a sustained annual growth rate of 8%, the Indian economy is perhaps in its best form since Independence. The SME sector has become a backbone of the Indian economy. This sector accounts for 95 per cent of the industrial units and is contributing about 40 per cent of the value addition in the manufacturing sector, nearly 80 per cent of the manufacturing employment and about 35 per cent of exports. More than 32 lakhs units are spread over the country producing about 7,500 items and providing employment to more than 400 lakh persons
GDP growth rate 8-9 % $ 1084.75 billion *
Share of SME 22-25% $ 271.88 billion *
*Projected figures for year 2010
In India, SME sector is the second largest manpower employer, after agriculture and the output from the SME sector alone constitutes one third of national exports. Within SME, sector serves as a green field for nurturing of entrepreneurial talent and helping the units to grow in to medium and large size.
PE continues to remain largest component of FDI in India. Besides fulfilling the capital need, PE firms add value in the form of exporting experience, knowledge and best practices. Adding managerial capacity in companies that are in need of rejuvenation and intend to compete in the global environment is another value addition by PE firms. Yet, PE firms are faced with difficulties making it challenging for them to invest in India.
With the Indian economy aiming for growth of 9% plus and size of the economy crossing the $1 trillion mark, the SMEs focus has increasingly became vital to act as the new engine of the growth. PE can make important contributions in India’s efforts to achieve world class infrastructure. There is a need for greater understanding of their role and significance.
The Associated Chambers of Commerce and Industry of India (ASSOCHAM), the premier apex body of the Chambers of Commerce of India, has taken initiative to provide an opportunity to discuss issues being faced by SMEs. It will be the Chamber’s endeavor to involve all major players in the market, both at regional and national level by organising a 2-day conclave in Chandigarh on 26th – 27th November, 2008. There will be active participation by the Government of India, Reserve Bank of India, SEBI, Public/Private Banks, Major Private Equity Funds, Venture Capitalists and Investors to name a few.
The proposed conference intends to culminate in succinct articulation of all the stakeholders. ASSOCHAM with this foresighted vision holds this very important conference to make India an internationally dominant force and an ideal destination for Investment.
In view of the above, we take this profound opportunity to invite you to be a part (Sponsor / Advertiser / Participant) of this important event and share your views and perceptions with the eminent speakers from Government and Industries. We shall be delighted for your making it convenient to attend the conclave and benefit from the deliberations. The brochure containing all the detail along with the registration form is attached for your ready reference.
For confirmations kindly contact;
D.S. Rawat
Secretary General
ASSOCHAM
ASSOCHAM Corporate Office
1, Community Centre
Zamrudpur, Kailash Colony
New Delhi – 110 048
Tel : 011-46550555
Fax: 011-46536482 / 81
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