Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2010-09-24

SME needs a uniform definition

The term SME should be uniformly defined and explained which is acceptable and followed by the entire investment sector as well as the banking sector towards ensuring an equal and easier access to fun

SME needs a uniform definition

The term SME should be uniformly defined and explained which is acceptable and followed by the entire investment sector as well as the banking sector towards ensuring an equal and easier access to funding opportunities for this sector. SME access to financing would be tremendously enhanced if there was a standard understanding of what constitutes a small and medium enterprise in the legal context, said Suzlon CFO Robin Banerjee at an SME event.

The SME summit brought out key issues and challenges that is faced by the sector like financing and technology improvement and further explored various ways towards overcoming it leading to growth of the SME sector.

Trade body, ASSOCHAM’s SME Expert Committee Co-chairman, Bikky Khosla, suggested towards opting for alternative financing at the event. Bombay Stock Exchange Deputy CEO, Ashish Chauhan, who was also present at the event spoke on the growing relevance of getting listed on the stock exchange and also spoke about BSE’s plans for an SME exchange in the pipeline.

The summit brought forward several perspectives on how Indian SMEs can overcome monetary concerns, technology upgrades, government intervention and competition, among other issues, the release said.

Related opportunities
  • Mobile Application Services
    About Us: FRANCHISEES ENQUIRIES WILL BE ENTERTAINED OF THOSE PEOPLE ONLY..
    Locations looking for expansion Gujarat
    Establishment year 2003
    Franchising Launch Date 2017
    Investment size Rs. 50000 - 2lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Rajkot Gujarat
  • Others Food Service
    About Us : Homely Cafe & Restaurant plating European-style dishes as..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Quick Service Restaurants
    Kathi Junction – brings the golden opportunity to start your..
    Locations looking for expansion New Delhi
    Establishment year 2009
    Franchising Launch Date 2009
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater NEW DELHI New Delhi
  • Tea And Coffee Chain
    About Us: Tea Time is one of the largest tea brands..
    Locations looking for expansion Andhra pradesh
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Shaikpet Andhra pradesh
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