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WORKSHOP ON MANAGEMENT SKILLS TO SOURCE FINANCING AND MANAGEMENT OF TECHNOLOGIES SMEs
July 30, 2011, Neel’s Club, Rajkot
All India Management Association in Collaboration with Rajkot Management Association organized a workshop on “Management Skills to Source Financing and Management of Technologies by SMEs” on July 30, 2011 at Rajkot.
Shri Parakramsinhji Jadeja , CEO, Jyoti CNC Automation P.Ltd was the Chief Guest and inaugurated the workshop. Mr Chetan Kothari, President, Rajkot Management Association welcomed the invitees and participants.
While inaugurating the workshop Shri Parakramsinhji Jadeja, stressed on the position that in the economic development of industries in India, the contribution by SMEs was 55% but ironically at occasion the SMEs do not have proper knowledge of locating the funds available. Then the use of funds has not been proper for the purpose, these are given and the entrepreneurs look up for more finances to meet their current capital requirements. With this attitude, occasionally instead of enhancing the growth pattern of the concern and earning profits, they fall prey to losses. This leads to increased non-productive assets of banks. Under the circumstance he was glad to see coverage of all these aspects at one platform. The workshop was attended by local entrepreneurs, faculty members and students from a number of management and technical institutions.
Dr J S Juneja Chairman of SME- Task Force, AIMA described about growth pattern of SMEs in country, though there is an overall growth in the country in the recent past, the growth in western region specially in Rajkot has shown a positive trend of 24% growth pattern. This calls for a rethinking and realignment of the various aspects of financing and technological innovation.
Mr D V Suchde, Chairman, RMA chaired the Technical Session. Mr V Vishwanathan, Regional Manager SME, State Bank of India shared his views on accessing of finance from the banks, and different Loan Schemes for SSI and SMEs, eligibility criteria for business entities and time frame for applying for loan. Mr Bharat Prajapati, Manager Marketing SME, Onicra highlighted about benefits of rating. It was a very interactive session and the participants were very satisfy with response of session chair.
Other speakers in the session was Mr Kalpit Sanghvi, CEO, Vision Informatics and Mr Shamendar Sharma, COO, Champion Agro Limited who shared his success story.
Dr. J. S. Juneja summed up the discussion and took note of the great activities done in the region. He also presented the Road Map for Technology up-gradation & its financing. A good amount of questionnaire was evolved for seeking more details and clarity on the topics discussed.
The workshop was well attended 100 participants.
PAST MSME KNOWLEDGE INITIATIVEs
For More Information, Please Contact :
Mr Nandan Singh
All India Management Association
All India Management Association
Management House
14, Institutioanl Area
Lodhi Road, New Delhi – 110003
Tel : 011-24645100 Extn 311
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