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January 15, 2025
The Bombay Chamber of Commerce and Industry (BCCI) hosted the MSME Conclave 2025: Global Opportunities for MSMEs on January 15, 2025, bringing together industry experts, policymakers, and international representatives to discuss strategies for empowering micro, small, and medium enterprises (MSMEs) through global market integration and export facilitation.
Setting the theme of the event, R. Srinivasan, Co-Chairperson of the MSME Forum and Director of AIRA Consulting Private, underscored the pivotal role of MSMEs in contributing 30% to India’s GDP and 40% to its exports. He highlighted the critical need to align MSMEs with the government’s ambitious vision of Viksit Bharat by 2047, emphasising on the importance of global market integration for sustained high growth.
The conclave featured three key sessions. The session on finance for exports featured presentations by prominent financial institutions. C. S. Arya, General Manager at IDBI Bank; Shirish Mathur, Head of SME Products & Digital Platforms at Aditya Birla Finance and Dhrubashish Bhattacharya, Head of MSME & Co-Lending at Bank of Baroda, elaborated on the services their banks were offering to MSMEs. Ratul Mukhopadhyay, Business Head of SEG Assets at Axis Bank and Vikas Kumar, Chief Manager at SBI SME Sakinaka Branch also highlighted customised banking solutions for exporters.
Addressing the session on Bilateral Growth: Advancing US-India Trade & Investment Potential, Joe Yang from U.S. Commercial Service, United States Consulate, Mumbai, detailed strategies for advancing US-India trade and investment ties, emphasising the potential of MSMEs in strengthening bilateral relations.
The session on bilateral trade opportunities included engaging presentations by consular experts. H. E. Adolfo Garcia Estrada, Consul General of Mexico, Eva Nilsson, Deputy Consul General of Finland, Dina Albahey, Vice Consul of Egypt and Viraj Kulkarni, Honorary Consul of the Republic of Cyprus.
The Conclave ended with a vote of thanks by Rajan Raje, Chairperson of the MSME Forum and CEO of Nichem Solutions. The event was supported by Aditya Birla Capital Ltd, Bank Of Baroda, Ashwin Sheth Group, Axis Mutual Fund and SBI Mutual Fund.
