MSME – INNOVATION SUMMIT on 4 November at Hotel Oberoi, New Delhi

Innovation is the key for growth, employment and sustainability. Accordingly, with a view to discussing such potential and future challenges of MSME sector, ASSOCHAM is organizing an international meet “MSME – INNOVATION SUMMIT” with focus on Employment, Growth and Sustainability at 10.00 a.m. on November 4, 2009 at Hotel Oberoi, New Delhi. This will have large participation of policy makers, State Government, National and International stakeholders and experts. Apart from information sharing, the event would also provide an excellent platform for business-to-business matchmaking.

The Micro, Small and Medium Enterprises have been accepted the engine of economic growth and for promoting equitable development. In most of the economies they are credited with generating the highest rates of employment growth and account for a major share of industrial production and exports. In India too, the MSMEs play a pivotal role in the overall industrial economy of the country.

The labour intensity in the MSME sector is estimated to be almost four times higher than the large enterprises.New generation of entrepreneurs are discovering new opportunities beyond their core businesses. The innovative spirit of a business is put to the test by the global competition with increasing intensity. In order to succeed in the long term, a business has to be able to offer innovative and individualized services. Strongly fluctuating customer needs and increasing competitive pressures are the main reasons why innovative power is becoming one of the strongest deciding factors for the commercial success or failure of a business. India possesses extraordinary potential for innovation.

Invited Chief Guest / Guest of Honour:

• Shri Dinsha J Patel, Minister of State (IC), Ministry of Micro, Small and Medium    Enterprises
• Shri Dinesh Rai, Secretary, Ministry of Micro, Small and Medium Enterprises.
• Shri P C Chaturvedi, Secretary (L&E), Ministry OF Labour & Employment
• Shri B K Chaturvedi, Member, Planning Commission
• Shri Madhav Lal, Additional Secretary and Development Commissioner, MSME

Other Invited Eminent Speakers:

H.E. Mr. Zhang Yan, Ambassador, China, Mr. Peter Linford, Counsellor & Trade Commissioner, Australia, Ms. Catherine Ashton, European Commissioner for Trade

Ms. Erica Di Giovancarlo, Trade Commissioner, Italy, Mr. Erin Soto, Director, USAID, Mr. Paolo Martelli, Director- South Asia, International Finance Corporation, Mr. Philippe-Roger Scholtes, Head- South Asia, UNIDO, Dr. H P Kumar, CMD, NSIC, Mr. R M Malla, CMD, SIDBI, Mr. U C Sarangi, Chairman, NABARD, Mr. A V Muralidharan, CMD, ECGC, Mr. T C V Subramanian, CMD, EXIM Bank, Ms. Kumud Joshi, Chairperson, KVIC, Mr. Ajay Kapoor, CEO, SIDBI Venture Capital, Mr. M V Tanksale, Executive Director, PNB, Mr. Harish Engineer, ED,MSME, HDFC Bank

Mr. T R Bajalia, Executive Director, IDBI Bank, Mr. B S Bhasin, CGM, State Bank of India , Mr. Vijay Chandok, Head- MSME, ICICI Bank, Mr. O S Vinod, CEO, CGFMSE, Mr. Parag Pataki, CEO, SMERA, Mr. C S Tanvi, CEO, India SME Technology, Mr. P Rudran, MD & CEO, India SME Asset Reconstruction Company Ltd, Dr. Chukka Kondaiah, Director General, National Instiute of MSME, Dr. Arjun K Sengupta, chairman, NCEUS and Mr. P. Rudran, MD & CEO, ISMEAR.

Participant’s Profile:

Policy makers & Government Officials, Micro, Small & Medium Entrepreneurs, investors & fund managers, manufacturers & traders, exporters & importers, industrial clusters, asset & fund management companies, banks & financial institutions, consultancy organizations, insurance Companies, public sector undertakings, IT solution providers, professionals, service providers, CEOs & CFOs, development finance institutions, corporate financiers, industry advisors, private equity funds, law firms, venture capitalists, intermediaries and institutional investors.

Issues for Discussion:

Concepts for the successful innovation, technical and productline innovations, investment & wealth creation, innovative Procurement Strategies, strategies for sustaining competitiveness, global best practice for MSMEs, financing MSMEs, IPR & innovations, legal issues, training and human resource issues, cluster development as a strategy for MSME development, exploring new opportunities in the world market, India – the new power house for MSME investment, improving quality & cost competitiveness, innovative communications and management skills, re-inventing the company and the Brand, SMEs cluster development in India: policy practices & future outlook, role of SME – exchange and changing market dynamics.