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Power2SME Organises SME Transformation Camp in Bhiwadi

Through its enterprise grade solutions, Power2SME will extend its integrated business offerings to support MSMEs in the region

Jan 22, 2020 10:30 IST 
Bhiwadi, Rajasthan, India

To further its outreach into the state of Rajasthan, Power2SME, the first ‘buying club’ for SMEs in India, collaborated with Bhiwadi Manufacturers Association (BMA), an industry body which represents the industrialists of Bhiwadi, to address their large member base around the company’s value offerings.

 

Shri Shailendra Kumar Singhal, Vice President, Bhiwadi Manufacturers Association, Dr. H P Kumar, Former CMD, NSIC & Director, External Affairs, Power2SME Private Limited, Shri Rajvir Singh, Vice President, Bhiwadi Manufacturers Association, Shri Jasbir Singh, Secretary, Bhiwadi Manufacturers Association

 

With over 26 lakh MSMEs present in the region, the SME Transformation camp apprised the enterprises on the pressing need to achieve procurement excellence and to adopt financial innovations through absorption of technology in day-to-day operations. The initiative aims to unleash the untapped potential of the 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. Mr. Sumit Jain, Deputy General Manager, MSME Technology Centre, Ministry of MSME also graced the event with his presence and addressed the session.

 

Special sessions were also held by representatives from Tally Solutions, Power2SME and BMA, addressing Power2SME’s brand offerings and how they counter challenges posed to the SME sector, raw materials, and the importance of SME visibility and credibility for overall country development. With an aim to transform their businesses and provide them with a competitive edge, the SME Transformation Camp discussed solutions for the hurdles faced by SMEs that may hamper their businesses and impede growth. The alliance 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 about the occasion, Mr. 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.”

 

Mr. Shri B M Mittal, President, Bhiwadi Manufacturers Association (BMA) said, “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.”

 

At Tally, it is our constant endeavour to simplify the lives of small and medium businesses. We are focused at delighting entrepreneurs with technology solutions which can aid in the growth of their business. We are happy to be participating in the SME Transformation Camps 2020 and hope to empower SMEs in managing their business better,” commented Mr. Dinesh Budaniya, Business Manager, Tally Solutions Pvt. Ltd

 

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.  

 

About Power2SME

The first ‘Buying Club’ for SMEs in India, Power2SME, financially backed by Nandan Nilekani, Inventus Capital Partners, Kalaari Capital, International Finance Corporations (IFC) and Accel Partners, began operations in 2012. Committed to empowering SMEs by increasing their profits, Power2SME focuses on reducing purchase prices for SMEs and enhancing productivity. Power2SME enables SME clients to focus on their core business of driving growth and expansion, while taking on the role of sourcing input raw materials at the most competitive price points across multiple products in categories such as Metal, Commodity Polymer, Engineering Polymer, Chemicals, Paints, Solar, Yarn etc. The company, today, has 8 offices spread across Gurugram, Pune, Kolkata, Chennai, Ahmedabad, Jaipur, Bhubaneshwar, & Bangalore, with a team of 200+ employees across India. Power2SME works with established and trusted suppliers such as SAIL, TATA Steel, ESSAR Steel, JSW, Rathi Steel, Victor Exim, Balaji Enterprise, POSCO Steel, Apollo Pipes, JSL, and many more.

 

Company website: www.power2sme.com.


 
 
Shri Shailendra Kumar Singhal, Vice President, Bhiwadi Manufacturers Association, Dr. H P Kumar, Former CMD, NSIC & Director, External Affairs, Power2SME Private Limited, Shri Rajvir Singh, Vice President, Bhiwadi Manufacturers Association, Shri Jasbir Singh, Secretary, Bhiwadi Manufacturers Association
Shri Shailendra Kumar Singhal, Vice President, Bhiwadi Manufacturers Association, Dr. H P Kumar, Former CMD, NSIC & Director, External Affairs, Power2SME Private Limited, Shri Rajvir Singh, Vice President, Bhiwadi Manufacturers Association, Shri Jasbir Singh, Secretary, Bhiwadi Manufacturers Association
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