With the Micro, Small and Medium Enterprises creating waves across the country with their progress, the industry is also awakening to their tremendous growth. Keeping in line with this, Franchise India organized a two-day national convention 'Small Business Congress 2010' on 28-29 August, 2010, at Hotel Novotel, Mumbai in partnership with renowned organisations – IndiaMART.com, Zee Business and Microsoft. A voice for the SME sector, Mr. Dinesh Agarwal, Founder and CEO, IndiaMART.com elaborated on how an idea can be converted into a reality by developing a perfect model for the same in the inaugural session of the Congress. He shared space with Mr. Rod Young, DC Strategy, Australia and Mr. Dinesh Rai, Former Secretary, Ministry of Micro, Small and Medium Enterprises, Government of India who chaired the session with Dr. H.P. Kumar, Chairman, NSIC.
The Congress also saw an interesting panel discussion on ideas and execution in small business moderated by Mr. Manak Singh, Executive Director, TiE Mumbai. Speaking as part of the discussion, Mr. Dinesh Agarwal highlighted, “Idea is more important than execution as it is the starting point of business for an entrepreneur. Execution is nothing but a series of small ideas that the entrepreneur implements along the way to scale up one step ahead.”
Various experts, entrepreneurial idols and investor community came together at the Congress to share their ideas and concepts with upcoming entrepreneurs. Different sessions touched various aspects of carrying out small businesses such as innovative advertising and marketing, angel funding & traditional finance, turning an idea into a reality and women entrepreneurs in SMEs.
Apart from the informative sessions, Franchise India with Ernst & Young organised Small Business Awards that acknowledged the contribution of achievers and suppliers in the development and growth of SMEs in India. The awards were divided into four main categories with different sub categories. Mr. Dinesh Agarwal was invited to present the award to the chosen promising entrepreneurs.
IndiaMART.com is India's largest online B2B marketplace connecting global buyers with suppliers through business directories, online product catalogs, buy-sell offers, industry specific marketplaces, printed media and trade shows participation.
Founded in 1996, the company has a pan-India presence in over 100 cities. With over 2000 employees located across 47 offices in the country, IndiaMART.com offers an extensive range of value-added products and services to its 10,00,000 registered members and nearly 5 million global buyers across various industries and verticals.
IndiaMART.com has won numerous awards over the years and has been widely covered by media such as CNBC, BBC, BusinessMoney, CNN, Businessworld, Economic Times, Financial Express, etc for its pioneering role in promoting SME business in the country. Its existing investors include Intel Capital and Bennett, Coleman & Co. Ltd (Times Group), India's largest print media group. The Board of Directors at IndiaMART.com comprises of Mr. Deep Kalra, Founder and CEO of Makemytrip.com and Dr. Nachiket Mor, President, ICICI Foundation among others.