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

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
  • Quick Service Restaurants
    About Us: Established in August 2015, Hashtag Foods is a headed..
    Locations looking for expansion New Delhi
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi New Delhi
  • Imagine yourself having a tried and tested winning formula in..
    Locations looking for expansion Maharashtra
    Establishment year 2002
    Franchising Launch Date 2008
    Investment size Rs. 50 K - 2lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Quick Service Restaurants
    About Us: There is one inexhaustible aspect of everyday life that..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Express Food Joints / Drive Through
    About Us: Classic dishes are a staple, but sometimes you need..
    Locations looking for expansion Rajasthan
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Jaipur Rajasthan
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
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