Indian economy is at a critical juncture and there is no denying the factthat micro, small and medium enterprises (MSMEs) have a formidable role to play in India’s growth story. The need is to recognize their potential and provide an optimum environment for them to not only perform, but also to become real engines of growth. Empowering the MSME sector, which is one of the key pillars of our economy, can act as catalyst for an even stronger economic performance.
The MSME vertical, one of the critical Knowledge functions within YES Institute, works closely with the Government, Industry and the Academia to develop and successfully implement strategy for the representation of interests of SMEs. Further, to get an understanding of the sector at a grass root level, the team at YES Institute partners Local Management Associations (LMAs) to develop knowledge driven solutions to tackle sector specific challenges such as lack of adequate credit, non-availability of technology, low production capacity, inadequate marketing strategy, modernization & expansions bottlenecks and labor costs.
In addition, the MSME vertical also liaisons with the Central Ministries, Planning Commission, State Governments, Financial Institutions and other concerned organizations to realize the vision of building an ecosystem of globally competitive MSMEs and emulate some of the best practices of the world renowned ‘Mittelstand’ companies.
UNIQUE KNOWLEDGE PROPOSITION
MANDATES & PARTNERSHIPS
The team works towards providing knowledge driven solutions to Businesses. The team incorporates industry experts and offer invaluable and in depth insights into business, thus helping generate great ideas and nurture them to fruition. The team, with a knowledge driven approach, has worked closely with multiple chambers such as:
- Boimbay Yarn Merchants Association
- EEPC India
- All India Printing Ink Manufacturer’s Association
- BSE SME