The Emerging India Series 2004-2005
The Emerging India series was first initiated in 2004-2005. The idea behind this initiative
was to provide Small and Medium Enterprises with a definite platform for recognition.
This platform was a great success in its first year and proved to be essential in the further
growth and development of the SME sector in India thereby increasing their contribution
towards the overall economy of our country.
On ground Forums
CNBC TV-18 and ICICI Bank Ltd. joined hands to host this unique initiative where
enterprises discussed ways and means to capture opportunities in the present global
scenario as well as air their grievances to the government and relevant audiences.
Eminent policy makers, representatives of financial institutions involved in the promotion
of Small & Medium Enterprises, corporate leaders and academicians met in Mumbai,
Delhi, Bangalore, Chennai and Ahmedabad, to discuss how to unleash the diverse
opportunities in this sector.
EMERGING INDIA DELHI
The first forum was held in Delhi on 30th June 2004 and explored the great SME
Challenge. The theme of the forum was 'Gearing up for Growth.' This forum was slated
to voice the concerns of entrepreneurs and suggest measures that would help them make
their marks in the global arena. The panelists included Mr. Jayant Dawar - Managing
Director, Sandhar Group, Mr. Gautam Nair - Managing Director, Matrix Clothing Pvt.
Ltd., Mr. S P Gupta - former planning commission member and an author of an SME
report, Ms. Chanda Kochhar - Executive Director, ICICI Bank Ltd. & Mr. Sandeep
Mathur, President TIEBU.
EMERGING INDIA – MUMBAI
In keeping with its objective of reaching out and providing opportunity to audiences
across the country, CNBC-TV18 hosted the second forum on August 2nd, 2004 in
Mumbai. The event was well attended by eminent representatives from the industry.
Mr. V. Vaidyanathan - Head Retail Business, ICICI Bank Ltd., Mr. Naishad Parekh Equinox Brands, was Vice Chairman of CII Western region and on the board of Arvind
Mills, Mr. S. R. Vaidya - President, All India Small Drug Manufacturers Association and
Vice Chairman, SSI Committee, Mr. Gaurav Nanavati - Chairman, CII (Western Region)
and owner of Anup Industries, Mr. Premal Udhani - Vice Chairman, Apparel Export
Promotion Council. These eminent leaders discussed various important issues related to
the opportunities and challenges of Small & Medium Enterprises in India, in the fastchanging global marketplace.
The topics discussed and deliberated upon included issues of access to credit for
traditional industries, managing large labour forces within the existing laws, regulatory
issues relevant to traditional SME sectors, the need for subsidies to allow SMEs to take
on big international competition, need for access to cheaper services and facilities
through institutional support as well as tax breaks on interest earned from lending to
SMEs and finally, the much needed incentives for growth.
EMERGING INDIA-CHENNAI
The Chennai forum held on August 25th 2004. This interactive forum drew both applause
and flak from the audience comprising of prominent representatives of diverse Small &
Medium Enterprises including Mr. Vijay Chandok - Head, Small & Medium Enterprises
Group - ICICI Bank Ltd., Mr. Mohan Sreenivas - Managing Director, Orient Express,
Mr. G. Ravishankar - CEO, Cris Infac-CRISIL Ltd., Mr. R. Ravi - CEO, Electromags,
Mr. K Vishwanathan - Managing Director, RMKV Silks, Mr. M Nagesh - CFO Nekkanti
Marine Exports, Hyderabad. Representatives from the leather industry, agriculture and
power sector found the Emerging India forum a fitting platform to vent out their specific
grievances relevant to the unfavorable labour laws, the need for human resource
development, prevalent high tariffs as well as able IT requirements to catch up with
global markets. The spotlight was also on the great export and retail potential for SMEs
in India. Representatives from auto ancillary, leather exports, marine exports and textiles
discussed ways and means to cash in on the great Indian outsourcing boom and the
resulting unlimited market opportunities. The forum drew to an end with a consensus that
a lot more still had to be done to realize the full potential of SMEs in India.
EMERGING INDIA – BANGALORE
The fourth in the series of the Emerging India Forum, held on 20th September 2004 in
Bangalore, reiterated CNBC-TV18's commitment to reach out to all audiences across the
country, while providing them with multiple opportunities. The Forum aimed at
discussing ways and means to capture opportunities in the present global scenario and
also aired grievances of the Small and Medium Enterprises sector to the government and
other relevant audiences. The discussions also covered ways and means to help SMEs
with access to technology. The event was represented by a host of eminent panelists
including: Mr. Asif Khader - CEO, Cranes Software, Mr. Vivek Kulkarni - CEO, b2K
and ex-IT Secretary, Karnataka, Mr. Sandip Sen - CEO, Customer First Services, Mr.
Sunil Handa - Professor of Entrepreneurship, IIM, Ahmedabad, Mr. Kumar Ashish DGM, ICICI Bank Ltd. and Ms. Revathi Kasturi, Executive Council Member,
NASSCOM.
EMERGING INDIA – AHMEDABAD
The Emerging India Forum in Ahmedabad held on the 10th of November 2004.
Ahmedabad being the Textile Capital of India, the SMEs face a lot of challenges in this
sector. The forum not only talks about the obstacles SME face in the textile sector but
also in the Chemical and Pharmaceutical industry. The main aim was to provide valid
solutions to the various hurdles faced among the small and medium enterprises. The
panelists included Mr. Gautam Shah - Sagar Textiles-Chairman of the Textile Council,
CII, Mr. Jaiman Vasa - Vasa Pharma-President, Gujarat Chemicals Association, Mr.
Ketan Patel - Troika Pharma, Mr. Verma - Joint Textile Commissioner, Mr. Govind
Baldua - President, Indo US Chamber, Mr. Janak Sheth - Managing Director, Century
Pharmaceuticals and Mr. Vijay Chandok - Head, Small & Medium Enterprises Group ICICI Bank Ltd.
On Air Specials
This special on-air series discussed the pressing issues and challenges faced by the small
& medium enterprise sector in India. These shows gave a holistic view of the sectors as
each show focused on one sector at a time.
AUTOMOBILES & THE LEATHER INDUSRY
The first show covered India's auto component industry, which today is worth around
24000 crore in sales, with small & medium scale enterprises taking away at least 60% of
that pie. This segment looked at how small and mid size firms are reducing
manufacturing risks, by cashing in on the Indian outsourcing phenomenon rather than
depending on Indian domestic automakers. Mr. R. Ravi - MD, Electromags, and Mr.
Lingaraju - IBM expressed how today even small units were up-scaling manufacturing
and upgrading technology to service international clients directly. Next on the segment
was a focus on India's bustling leather industry, located in the heart of Asia's largest
slums, and how companies were refining manufacturing and upgrading technology to
compete with international competition. Also covered in this segment were the challenges
that were faced by the bicycle, pharma and plastic industry due to minimum government
support, fragmentation and obsolete technology.
IT AND BANKING
The second show focused on the difficulties that SMEs today experience while borrowing
money from banks and other financial institutions and how difficult it is for these small
and mid size units to provide collaterals and securities. It also highlighted the new
exchange that the government has planned for these entrepreneurs on the lines of the
OTCEI. The segment also covered the challenges that small and mid size Tech and IT
firms faced in terms of attracting global clients and retaining the right talent, particularly
when compared to the ESOPs that companies like Wipro and Infosys dished out to their
employees.
CLUSTERS
The third and final show featured the importance of cluster formations by the SMEs as a
platform to share information and get greater bargaining power to pitch for larger clients.
It featured Harish Mariwala - Chairman and MD, Marico Industries on the challenges that
Marico faced as a small trading business in Mumbai to India's fastest growing FMCG
Company.
The Emerging India Awards 2005
The Emerging India initiative culminated into an award ceremony, celebrating the
undying entrepreneurial spirit of our country. Small & Medium Enterprises that had taken
tremendous strides towards growth were honoured with the Emerging India Awards that
aimed at recognizing the best sustainable Value Creators among SMEs in the country.
Indian SMEs with a net worth of a maximum of Rs. 50 crore, were eligible for entry to
the 'Emerging India Awards'. The initiative received an overwhelming response from
over 5000 SMEs, from all parts of the country and from 9 different sectors. Entry forms
were made available through all ICICI Bank branches. CRISIL - India's premier credit
rating agency designed and executed the evaluation process for the 'Emerging India
Awards'
The Winners
The winners in the different categories are as follows:Auto - Ancillaries & Engineering:
Organisation name: Indo Schottle Auto Parts Pvt. Ltd
Name:
Rohan Pusalkar
Designation:
Executive Director
Commodities and Others
Organisation name: Transasia Bio Medicals Ltd.
Name:
Mala Vazirani
Designation:
Director
FMCG & Agri Business
Organisation name: Linc Pen and Plastic Ltd.
Name:
Deepak Jalan
Designation:
Chairman and Managing
Director.
Gem and Jewellery
Organisation name: Shreeji Jewellery Ltd.
Name:
Pravin Shah
Designation:
Managing Director
ICE & IteS
Organisation name: Educomp Datamatics Ltd.
Name:
Shantanu Prakash
Designation:
Director
Infrastructure
Organisation name: Ocean Sparkle Ltd.
Name:
P. Jairaj Kumar
Designation:
Chairman and Managing
Director.
Pharmaceuticals and Chemicals
Organisation name: Dorf Ketal Chemicals (India) Pvt
Ltd.
Name:
Sudhir Menon
Designation:
Chairman and Managing
Director.
Retail Trade
Organisation name: Shankara Pipes India Pvt. Ltd.
Name:
Sukumar Sriniwas
Designation:
Managing Director
Textile and Apparel
Organisation name: Kewal Kiran Group
Name:
Kevalchand Jain
Designation:
Managing Director
The Winners Position Today
The Emerging India Awards 2005 felicitated some of the most deserving enterprises in
the SME sector. After 3 years CNBC TV-18 gives an update on their performance over
these years and new developments in their enterprises.
Indo Schottle Auto Parts Pvt. Ltd
It is India’s largest manufacturer of Engine Valve Collects, Rocker Arm Screws,
Turbocharger components and assemblies and Fuel System Parts. Indo Schottle has a
history of providing precision machines parts to the worlds most demanding customers.
They are a preferred supplier to the automotive and turbocharger industry because they
inherently understand the underlying engineering principles necessary to build precision
engineering components. Indo Schottle has state of the art equipment and highly skilled
teams who truly understand the meaning of world class. Currently the company supplies
400 million parts to its valued OEM customers. Ever since The Emerging India Awards,
Indo Schottle was felicitated with Holset best supplier Award in the category, Partnering
for growth 2005, Indo-German Award for Outstanding Export Performance, ACMA
quality and productivity award and ACMA export award. These achievements over the
period of last two years truly exhibit Indo Schottles performance.
Transasia Bio Medicals Ltd
Transasia designs, manufactures and offers global competitive health care products and
services to serve society and mankind through sustained profitability and growth. They
have been a leader in the field of Clinical Diagnostic and Reagents for the last 19 years.
In the past couple of years Transasia has become huge exporters of world class
equipments to around 30 countries, like Germany, China, Korea, Australia, Greece,
Taiwan, Netherlands, Turkey and USA etc. It is the only Indian Diagnostic Company to
achieve ISO 9002 Certification. Inspite of severe competition in the past few years, from
multinationals like Bayer, E-Merck, Coulter, etc, Transasia has proved itself to be a
market leader in India.
Linc Pen and Plastic Ltd.
Linc Pen is engaged in manufacturing writing instruments such as pens and refills. The
company has a wide product portfolio with more than 50 product categories. The
company is listed in the BSE and the Kolkata stock exchanges. The company aims to
become no.2 in the writing equipments manufacturers industry by next two years from its
current position of no.4. The company has already established its presence in more than
30 countries, while overseas buyers include names such as Wal-Mart, Steadtler,
Liquimark and Poundland. LPPL was incorporated as a limited company in 1994 with a
paid-up capital of Rs 6 crore. The capital has since expanded to Rs.8 crore. It has four
factories, two each in Kolkata and Goa.
Shreeji Jewellery Ltd.
Established in the year 1996, the company is engaged in the manufacture and exports of
diamond/precious stone studded gold/ platinum jewellery. The company has grown over
the past 3 years and has made its mark in the industry of jewellery and gems. It has not
only made its mark in the country’s jewellery market but also has penetrated in the US
markets, thereby in the forerun to make a global mark. Its main market is in the west,
which caters to the market segment of low end and medium end jewellery. Shreeji has
observed a comfortable growth rate at the start of its business, but today they are
undergoing a multiple growth rate. Shreeji plans to diversify into the European and
Middle East markets and also enter the high-end jewellery and better end products. With
all these measures, the company anticipates a turnover of over 300 crores in the coming
years.
Educomp Datamatics Ltd.
Educomp Solutions Ltd. as it is known today was incorporated in 1994 and has grown as
the largest technology driven innovative education company in India. It employees more
than 800 professionals and has a presence in 27 locations across the country, in USA and
Singapore. Educomp is an e-learning enabler and specializes in the creation of learning
content, management of learning and the delivery of learning. Ever since Educomp was
rewarded with The Emerging India Award 2005, the company has seen tremendous
growth and success. Business Today named Educomp in its BT500 list of India’s most
valuable companies. The company this year launched an exciting new initiative in online
learning in the form of mathguru.com, an innovative math help program designed to help
students solve every single math problem. In the past 2 years, Educomp has been a leader
in revolutionizing learning in Indian Classrooms.
Ocean Sparkle Ltd.
It engages itself in comprehensive port operation and management services, and ship-toship operations. Promoted by technocrats with marine engineering background, provides
various services including harbour towage, pilot age, fire fighting, ship traffic
communication, cargo lighter age and coastal transport. It owns and managed one of
India’s largest fleet of harbour vessels, including 28 tugs and 17 other vessels. The
company has shown an increase in its revenue in the past 2 years. Ocean Sparkle’s
revenue touched the 75 crore mark this year as compared to revenues of about 40 crores 2
years back. This shows that the company has grown to perform better ever since its
victory in The Emerging India Awards 2005.
Dorf Ketal Chemicals (India) Pvt Ltd.
In a relatively brief span of 12 years, Dorf Ketal has emerged as the largest Indian
manufacturer of research based specialty chemicals used in treatment of refineries,
petrochemical plants and ancillary units. Since The Emerging India Awards 2005, Dorf
Ketal has been on a steady rise and has been felicitated with a couple of prestigious
awards like the Frost and Sullivan Award 2005 and Best Supplier Award 2005 from
Brazil, showing their growth globally as well.
Shankara Pipes India Pvt. Ltd.
The Shankara Group is amongst India’s premier and largest distributors of a wide range
of steel tubes and pipes. A Rs. 4500 million (US$ 100 million), ISO 9001 Company, with
a legacy of 25 years of impeccable service to its customers, its operations span South and
West India. Quality is the watchword at Shankara. All its products are standard ISI
products and all its principals are ISO companies. In the last 2 years, Shankara pipes have
made a name in the industry and have been rewarded The Best Distributor Award from
Tata Steel in the year 2005-06. The company has also been the Highest Tonnage achiever
in All India Basis for the past 10 years from Tube Investment of India.
Kewal Kiran Group
Incorporated in 1981, Kewal Kiran Clothing Limited today is amongst the few large
branded apparel manufacturers in India. The company with sales in Asia, Middle East
and CIS designs, manufactures and markets branded jeans, Semi-formal and casual wear
for men. The company began as a manufacturer of men’s wear for reputed brands. The
company is exposed to global standards in quality, technology, marketing and branding.
In 1989, the company introduced “Killer“ the first international denim brand created in
India. Today "Killer" is one of the most successful and widely recognized brands in the
Indian apparel industry. Innovation has been the hallmark of Kewal Kiran Clothing
Limited A marriage of design and technology, the company has constantly introduced
new fits, finishes and fabrics. Last year Kewal Kiran was rewarded with the Golden Scale
Trophy by CMAI for Casual Wear Brand of the Year.