The Bengal Chamber of Commerce & Industry, Kolkata, India

Seminar on management skills to source financing and management of technologies by SMEs and Workshop on Management of Change, & Orientation for BCCI Awards for Best Manufacturing Practices in Small and Medium Enterprises in India, 8th May 2009, Chamber premises

The Bengal Chamber of Commerce and Industry in association with the All India Management Association (AIMA) and the Calcutta Management Association (CMA) organized the seminar on ‘Management skills to source financing and management of technologies by SMEs’. Mr. Indrajit Sen, Co-Chairperson, Manufacturing Sub-Committee (BCCI) highlighted the primary focus areas of the seminar. Mr. Rajarshi Sengupta, President, CMA focused on the need for and procedures of banks to invest in the SME Sector, prerequisites of information on credit rating and also the need for addressing regulatory issues.

Dr. J. S. Juneja, Past President, AIMA & Chairman SME Committee, was the Theme Speaker. He outlines the objectives of the seminar and spoke about the Indian SME sector. A comparative growth rate of this sector and a study of AIMA on the growth after liberalization were presented. He also covered the issues regarding impediments to growth. He highlighted the SME Bank Credit versus the Gross Bank Credit by Commercial Banks. He spoke about the revised Government strategy for fund flows to SSIs in 2005 and enactment of MSMED Act 2006. He focused on the contribution of the SME sector to the country’s economy according to the Economic Survey 2007-08. His presentation also enlightened the delegates about the schemes offered by the Department of Micro and Small Scale Enterprises and Textiles of the Government. He pointed out the emerging opportunities in the knowledge-based sector and potential sectors for future.

The other speakers included Mr. S. C. Rath, DGM, SME, State Bank of India; Mr K K Sharma, Senior Manager, NSIC; Prof Shekhar Chaudhuri, Director, IIM, Calcutta; Mr. Rajesh Dubey, Executive Director, ICRA Online Limited; Mr Dheeraj Dikshit, Head SME India, HSBC; Dr. G. D. Gautama, IAS, Principal Secretary, Department of Micro and Small Scale Enterprises and Textiles, Government of West Bengal.

Mr. S. C. Rath and Mr. K. K. Sharma spoke about ‘How to access finance for success, approach & methodology - Lead Banker’s View Point’. The session on ‘Management of Technology’ was addressed by Prof. Shekhar Chaudhuri. Mr. Rajesh Dubey spoke on the ‘Credit & Performance Rating of SMEs’. Mr. Dheeraj Dikshit made a presentation on ‘Finance related to SME’. Dr. G. D. Gautama addressed ‘ Management of Change’.

Mr. A R Baijal, Co-Chairman, Manufacturing Sub-Committee made an introductory presentation on the Chamber’s annual Awards for Best Manufacturing Practices in SMEs in the Eastern Region. This would be a competition for SMEs on their manufacturing practices. The BCCI Panel of Expert Judges would be reviewing each entry and the chosen companies would make a presentation on their manufacturing processes and practices. The best case study presentations would be identified and acknowledged.

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