Mumbai, India – As anticipation builds with only two days remaining until the ET MSME Awards 2024, the focus sharpens on the prestigious event slated for March 20, where 18 out of 101 nominees will be honored. The ceremony is set to gather a distinguished audience, including policymakers, industry veterans, and innovatory figures from the micro, small, and medium enterprise (MSME) sector across India. The event will feature keynote speeches, engaging panel discussions, and intimate fireside chats, making it a significant occasion in the Indian business calendar.
This year’s ET MSME Awards attracted over 15,000 entries, underscoring its status as one of the most sought-after accolades in the Indian MSME sector. The rigorous selection process started in September and unfolded in four distinct phases. CareEdge Ratings, a key evaluation partner, played a crucial role in screening the applications and selecting the initial shortlist across 17 award categories. Their detailed analytical approach helped in identifying businesses that excelled in various operational facets.
The designation of award categories also saw the ET editorial team introduce two special awards under the ‘Indian MSME Enabler Award’ focusing on sectors like Banking & Finance and Tech & Innovation. This expanded recognition reflects the wide-reaching impact of MSMEs in pivotal economic segments.
A distinguished panel of eight jury members, with vast expertise in the MSME landscape, was at the helm of the final award deliberations. The panel included prominent figures such as Rajesh Jejurikar, Executive Director and CEO (Auto & Farm Sectors) of the Mahindra Group who served as the Chief of Jury. Other jurors were Joyshree Das Verma, National President of FICCI FLO; Anil Bhardwaj, Secretary General of FISME; Hema Annamalai, Vice Chair of Green Collar Agritech Solutions; Ketan Gaikwad, CEO of Receivables Exchange of India Ltd; Mehul Mohanka, Managing Director of Tega Industries Limited; Ponnuswami M, Chairman of Pon Pure Chemicals Group; and R Narayan, Founder and CEO of Power2SME.
Throughout the award evaluation period, jurors received extensive data and insights on nominees compiled in the ET MSME Awards black book. Each entry was meticulously reviewed for its innovation, financial performance, market disruption, societal contributions, and future potential. Feedback sessions were extensive, with jurors offering detailed reasoning behind their choices, thus ensuring transparency and integrity in the selection process.
The ET MSME Awards have established themselves as a credible and transparent platform, celebrating the entrepreneurial spirit without any registration fees or preferential shortcuts. The rigorous and forthright evaluation process contributes to its reputation as the foremost recognition in India’s MSME sector.
Partners for this year’s awards include Aditya Birla Finance Limited as the presenting partner, The New India Assurance Company Limited as the insurance partner, the Maharashtra Industrial Development Corporation (MIDC) as the state partner, and CareEdge Ratings as the evaluation partner.
As the event approaches, stakeholders from various quarters are encouraged to stay tuned for the announcement of winners and updates, which will be shared via social media and other communication channels. The ET MSME Awards 2024 promises to be a landmark event, showcasing the pivotal role of small and medium enterprises in driving India’s economic growth.
Disclaimer: This article was automatically generated by Open AI. The people, facts, circumstances, and story detailed here may be inaccurate. For content removal, corrections, or any other requests, please contact contact@publiclawlibrary.org.