Media Release, November 5
ICICI Bank and CNBC-TV18, in association with Air India and tradeindia.com kicked-off the second series of the Emerging India Forum, with 'Gearing up for the next level', an IT roundtable in Hyderabad.
ICICI Bank and CNBC-TV18's prestigious Emerging India Series is India's first and most respected platform for recognizing and promoting India's small & medium enterprises. ICICI Bank and CNBC-TV18 Emerging India Initiative, a series of forums that culminated into the Emerging India Awards ceremony, introduced last year, has returned with a fresh new line up of Emerging India forums that will tour the country once again.
The discussion in the city - 'Gearing up for the next level' saw industry experts from the field of Information technology as well as representatives from the Small and Medium Enterprises and policy makers address various IT requirements of the SME sector in the state.
Vijay Chandok- Head, Small and Medium Enterprises Group, ICICI Bank, Col. Ramchandran -Regional head-Nasscom, Akkineni Mallikharjuna Rao, Executive Director - SOFT PRO SYSTEMS, D Thyagrajan- Director, SME Ratings, CRISIL, , C Ravichandra Mouli, Secretary, Federation of AP Small Industries Associations (FAPSI) and Narendra Paruchuri - CEO and Joint Managing Director, Pragati Offset were among the panelists present at the forum moderated by Vivek Law, Editor, Consumer-Affairs for CNBC-TV18 and Awaaz.
The Indian economy has now begun to look increasingly challenging for small and medium enterprises, with the government and the private sector realizing the might and the potential of this sector. As the Indian economy integrates with markets across the world, new opportunities have been thrown up - ranging from outsourcing to increasing access to hitherto protected markets. The discussion in Hyderabad 'Gearing up for the next level' aimed at helping companies gear up for technological modernization, better systems, and even tougher competition.
Panelists discussed the use of IT to create customized, user friendly solutions to unleash the organizations' true potential as well as the use of optimal IT solutions to achieve the much required synergy within an SME. The interactive discussion also touched upon methods by which an organization can align its IT requirements to match its goals and long- term objectives.
Last year, P.Jairaj Kumar, Chairman and Managing Director of Ocean Sparkle Ltd, Hyderabad received the Emerging India Award for the Best Infrastructure SME on behalf of his company from Mr KV Kamath, Managing Director, ICICI Bank and Mr Raghav Bahl, Managing Editor, CNBC-TV18, at an elaborate awards ceremony in Mumbai.
Speaking on the Emerging India Series, Mr. Haresh Chawla, CEO, CNBC-TV18 said, "The Emerging India Series is India's foremost platform for promoting and recognizing India's Small and Medium enterprises. This acclaimed initiative will re-start its journey for the current year by travelling to different parts of the country and raising issues that will help SMEs from different industries gear up for the next level. The series will culminate into an Awards ceremony, celebrating the undying entrepreneurial spirit of India. CNBC-TV18 is proud to partner with ICICI Bank in this developmental initiative and hopes that it will contribute to rapid progress of small and medium sized enterprises from India."
The Emerging India Series will culminate into the ICICI Bank and CNBC-
TV18 'Emerging India Awards' - India's first and highest recognition for the Small & Medium Enterprises. The Emerging India Awards will felicitate the most deserving SMEs in different categories and will also be powered by India's leading ratings company, CRISIL. As part of the initiative, eminent small & medium scale entrepreneurs and enterprises will be profiled in an ongoing televised series on CNBC-TV18.
CNBC-TVI8 is India's No.1 business medium. CNBC Asia Pacific holds a strategic equity stake in the Indian registered broadcaster; Television 18. CNBC-TV18 is the undisputed leader in the business. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. CNBC-TV18 is currently available in over 26 million households in India
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