Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2011-07-29

Branding is important for MSMEs

Branding is important for MSMEs

Branding is important for MSMEs

With rising importance of Branding, it has been suggested that the micro, small and medium enterprise (MSME) sector in India should follow suit, experts at the MSME Conclave organised by CII at Gurgaon said.

 

"Despite contributing 8 percent to the country’s GDP and being a key player in social and economic development by providing employment to 60mn people through 26mn enterprises, the role of MSMEs is not visible due to weak marketing. It calls for an urgent need for brand building and reformulation of marketing strategies to enable MSMEs to position their products and services", said Mr Lalit Agarwal, Founder and MD of V Mart Retail Limited.



Speaking at the event, Additional Development Commissioner, Ministry of MSME Mr M P Singh shared, "Often micro entrepreneurs have micro views about the growth. Not just the simple growth but also the scalable, sustainable and profitable growth of their venture. With increasing competition, the survival and growth of MSMEs critically depend on ability to identify new customers, develop a new product line, venture with another company in new markets."




 

Related opportunities
  • About Us: We are a team of industry experts working round..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 50000 - 2lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Online Food Ordering Services
    Since 1989, Patel’s Chhappanbhog Is A Well Established Food Brand..
    Locations looking for expansion Haryana
    Establishment year 1989
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Grocery Stores
    On perishables: Local Mandi is the only portal where a..
    Locations looking for expansion Haryana
    Establishment year 2020
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 450
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Quick Service Restaurants
    About Us: Virgo Hospitality Established in the year 2016 with an outlet..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 2lac - 5lac
    Space required 120
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
ads ads ads ads