New Delhi, July 1 (ANI/Business Wire India): IndiaMART.com nominated for India's Biggest Business Awards for Small and Medium Enterprises.
In its successive fourth year, India's biggest initiative for Small and Medium Enterprises Sector, 'Emerging India Awards 2008' creates a global mark with its theme 'Think Global Go Global'. The awards are jointly organized by ICICI Bank and CNBC TV 18 to honor India's most globally competitive SMEs.
CRISIL, the nations leading credit rating agency, is managing the evaluation process. The Emerging India Awards London- 2008 felicitation ceremony for the winning SMEs is scheduled for July 8, 2008 in London where the Honorable Chief Guest L N Mittal, Chairman and CEO, Mittal Steel will felicitate the winners.
The award ceremony will be graced by stalwarts like Rt. Hon John Hutton MP, Secretary of State for Business, Enterprise and Regulatory Reform and Kamal Nath, Minister of Commerce and Industry, Government of India, who will felicitate some of the winners from the 17 categories.
CNBC-TV18 India's leading business medium and ICICI Bank announced the fourth 'Emerging India Awards London-2008' powered by CRISIL.
Small and Medium Enterprises are often hailed as being the drivers of economic growth. 'Emerging India Awards' this year will recognize and reward India's most globally competitive SMEs whose business practices are at par with global giants.
The initiative aims at recognizing the most sustainable Value Creators among SMEs in the country. It is estimated that SMEs account for almost 90 per cent of industrial units in India, 40 per cent of value addition in the manufacturing sector and contribute 35 per cent to India's merchandise exports. CNBC-TV18 'Emerging India Awards London 2008' will provide a platform that enhances the visibility of these integral players in India's economic growth story.
Combating the tough competition from nominees under the category of Trading (non-retail), IndiaMART.com, India's largest online B2B marketplace has been short listed amongst the top three companies along with Aptivaa Consulting Solutions Private Limited and Molecular Connections Private Limited. "We are honored to be amongst the top 3 companies in our category. It is highly satisfying that our efforts to put Indian suppliers on the global map have been recognized. Emerging India Awards has become a platform of repute to showcase India's best SMEs, and we are happy that we have been recognized by them", says Dinesh Agarwal, Founder and CEO, IndiaMART.com
Commenting on the awards Neel Chowdhury, Vice President, Marketing CNBC-TV18, CNBC Awaaz said "The Emerging India Awards has become not just the benchmark for recognizing the best performing enterprises from the SME space but it has also emerged as India's (and one of the world's) largest business awards! We are extremely proud to partner with ICICI Bank in this initiative. What is also extremely heartening that SMEs are raring to go and willing to take on challenges and opportunities thrown in by globalization with Think Global Go Global! We will continue to take up the SME cause at the CNBC TV18 network."
CNBC-TV18 and ICICI Bank 'Emerging India Awards' is India's foremost initiative powered by the capability of shaping the future of Indian SMEs, and have been acknowledged as India's biggest business award by the Limca Book of Records. By Afzal Bhat