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2015-06-24

Power2SME, TiE Delhi-NCR join forces to empower manufacturing start-ups

The season two of annual awards will focus on applauding and acknowledging innovation among home-grown manufacturing start-ups.

Power2SME, the first ‘Buying Club’ for SMEs in India has announced the opening of the second edition of ‘Spirit of Manufacturing Awards’ in association with The Indus Entrepreneurs (TiE). This annual award series aims to empower the indigenous manufacturing industry and is in line with the recently launched ‘Make in India’ initiative announced by the Indian government.

The season two of annual awards will focus on applauding and acknowledging innovation among home-grown manufacturing start-ups.The nominations are open for manufacturing start-ups with less than 10 years of existence. The winners will be announced during month of October at the award function, to be held at the side lines of TiECON 2015.

R Narayan, Founder and CEO, Power2SME said, “We are happy to launch the second edition of the Spirit of Manufacturing Awards in association with TiE. In its second year, the Spirit of Manufacturing Awards reiterates our commitment towards empowering the SME community and aspires to provide fillip to the manufacturing landscape. Manufacturing sector has been a key focus area for the government, and with campaigns like ‘Make in India’ and ‘Swachh Bharat Abhiyan’ manufacturing SMEs are receiving the much needed boost. We are glad that the Spirit of Manufacturing Awards is very much in cognizance with this initiative and the platform would not only look at recognizing the ‘Made in India’ stories, but would also aim to showcase the journey and hard work of the Indian SMEs. We hope that our association with TiE will be able to make a positive impact to the manufacturing industry and help enable the India growth story.”

Sharing views on the awards, Geetika Dayal, Executive Director, TiE Delhi-NCR, said, “The Spirit of Manufacturing Awards is a platform to bring forth the inspiring stories from the manufacturing sector that can motivate young entrepreneurs. As the name suggests, the platform aims to celebrate the essence of the manufacturing sector that resonates with the Indian government’s ‘Make in India’ initiative. With the second edition of the awards, we aim to reach out to more and more SMEs and invite them to be a part of the awards.”

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