Dun & Bradstreet unveils 2017 edition of ‘Leading SMEs of India’ in association with RBL Bank
Dun & Bradstreet unveils 2017 edition of ‘Leading SMEs of India’ in association with RBL Bank
Mumbai, December 1, 2017: Dun & Bradstreet, the world’s leading provider of global business information, knowledge and insights, released the 8th edition of its premier publication ‘Leading SMEs of India 2017’ in association with RBL Bank.
The Small and Medium Enterprises (SME) sector can be a significant participant in the socio-economic development of India. The sector is an important component of the Indian economy for its contribution to industrial production, exports, employment generation and overall wealth creation. More importantly, the sector can play a huge role in the development of the rural and backward areas, thus leading to inclusive development in the nation.
The sector is set to witness certain trends such as growth of E-commerce, adoption of SMAC technologies and role of FinTech companies. Comprehending the urgency for accelerating the growth of the SME sector, the Government has introduced various initiatives such as the Public Procurement Policy, the Pradhan Mantri Mudra Yojana, Start-up India, Skill India and GST Implementation.
The publication ‘Leading SMEs of India 2017’ features 100 leading businesses among Indian SMEs and Mid-Corporates, including award winners that participated in the awards process and have shown strong performance and potential for the future. These businesses belong to the manufacturing and services sectors including Engineering & Machinery, Chemicals & Pharmaceuticals, Electrical and Electronic Goods, IT & ITeS, Professional & Business Services and Textiles, among others. This year’s initiative witnessed the inclusion of sunrise sectors such as Renewable Energy and Digital & Fintech Solutions.
Apart from featuring the leading SMEs in India, the publication also presents the views of business leaders from the SME sector. It also covers an overview of Indian MSMEs and the impact of GST implementation on the sector.
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