“Additional infusion into the credit guarantee outlay will help increase the number of MSME enterprises in the formal financial ecosystem. This can further help in the improvement of the MSME/s…
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By Samir Sathe Ease of doing business for MSMEs | Budget 2023: Impending global slowdown and mild recession, de-escalation of Russia-Ukraine crisis, stabilisation of commodity and currency cycles, inward-looking policy framework of the…
“With multiple government schemes assisting in the growth of MSME ecosystem, there is an increasing demand for various financial and non-financial services that will help MSMEs in their growth journey….
The MSME sector suffered heavy losses due to the pandemic but showed exemplary fortitude in conquering the battles of survival in 2020 and 2021, with many rising above the adverse…
By Atul Raja The extraordinary event of the COVID-19 pandemic changed the world forever. Like many other business sectors, it also led to deep introspection in the MSME ecosystem. Among…
By Ipshita Sinha India’s rebound from the Covid-induced economic setback will be led by its micro, small, and medium enterprises (MSMEs). Policymakers—particularly at the state level—must redouble efforts to create…
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प्रौद्योगिकी एक महान ‘वस्तु’ है (मनोवैज्ञानिक इस शब्द का उपयोग करते हैं) जो मनुष्यों में एक शून्य को भरती है। लगभग सभी ने इसे जाना-समझा और आजमाया है। एमएसएमई इससे…
VMentor.ai and Wadhwani Foundation have joined forces for strategic collaboration to help Micro, Small and Medium Enterprises (MSMEs). While the not-for-profit Wadhwani Foundation, through its initiative Wadhwani Advantage (WA), is…
Wadhwani Foundation has planned to create a run rate of 1 million jobs in one year from startups and small- and medium-sized enterprises (SMEs). Highlighting MSME sector’s role in creating…
For Sanjay Shah, chief operating officer, India/South East Asia, Wadhwani Foundation, the country’s MSME sector will play a vital role in creating job-led economic growth, which has taken a hit…
By Samir Sathe Small and medium-sized enterprises (SMEs) in India have been the subject of growing interest across the development sector for several years. But this interest has accelerated in…
This program with the theme of “Managing HR & Motivating Teams in Small and Medium Businesses” was aired yesterday and also featured Probir Jha as a co-panelist. Probir is the...
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In the next ten years, India will witness a rapid expansion of the base and a vertical expansion in the growth trajectory of MEs. By Samir Sathe Globally, Mass entrepreneurs…
Sanjay Shah, Chief Operating Officer, Wadhwani Foundation – India/SEA, “Though the economic growth suffered due to the COVID-19 pandemic, India has still arisen to become one of the most powerful startup…
Budget 2022-23 comes at a challenging time yet again, as a fresh wave of Covid-19 threatens to stall a nascent recovery, especially among the critical micro, small, and medium enterprises…
Samir Sathe, is the EVP of Wadhwani Advantage at Wadhwani Foundation. The Wadhwani Advantage Program focuses on accelerating revenue and job growth for small businesses. How can SMEs reach enough…
~A power-packedonline workshop to empower the SMEs of U.P with capabilities to help them grow by 2X-10X~ ~The workshopto provide business insights focused on Growth, Finance and Technology~ ~A first-ever…
India can become a global example of catapulting the MSME sector. But this will require pragmatic interventions and a multi-pronged approach. By Alok Gupta A few months ago, it was reported that…
By Samir Sathe भारत में देश की जीडीपी का 27 प्रतिशत हिस्सा छोटे और मझोले उद्योगों का है, कोविड से पहले ये आंकड़ा 30 प्रतिशत का था भारत की अर्थव्यवस्था…
By Samir Sathe Micro, small and medium enterprises (MSMEs) can create or be history. They have the potential to create 50 million additional jobs or destroy up to 70 million…
Samir Sathe, Executive Vice President, Wadhwani Advantage at Wadhwani Foundation, talks about the relevance of SMEs and MSMEs in helping the Indian economy recover, and provides a comparative insight on…
The shape of the pyramid of Indian SMEs is bound to change by 2024 as we expect a wave of consolidation sweeping 10-20% of the lagging SMEs to extinction in…
By Samir Sathe https://gaana.com/song/ep-26-helping-smes-grow-wadhwani-foundation
By Samir Sathe The article is focused on key enabling factors for creating larger SMEs, revving up growth engines, boosting the management capability of entrepreneurs, resetting poverty tables back to…
The role of technology will be truly transformative for the development of the SME sector. AI and ML have deep applications in almost all industries. During a Q&A interview with…
Arturo Garcia Hernandez / Transformation Manager Wadhwani Foundation The COVID-19 pandemic has brought about several changes in various areas. SMEs in Mexico are no exception, according to INEGI, 60% of…
Samir Sathe, EVP, Wadhwani Advantage at Wadhwani Foundation leads the Wadhwani Advantage program in India, focused on accelerating small business revenue and job growth. He has a Master degree in…
Wadhwani Foundation, Cyient, and Xynteo’s Vikaasa announced a partnership to support and accelerate the growth of small and medium healthcare enterprises. Spearheaded by Wadhwani Foundation’s – Advantage programme and Project…
For entrepreneurs, the journey from idea to IPO is paved with trophies and trenches, with thousands of occasions to fail. The creative minds of entrepreneurs weigh risk and rewards in…
By Samir Sathe Small and medium-sized enterprises (SMEs) play a major role in India’s economy, accounting for around $700 billion – roughly 27% – of the country’s $2.6 trillion gross domestic…
By Samir Sathe “I do not trust our people to deliver their best”, “I do not trust my customers to pay us on time”. Or “I do not trust our…
By Samir Sathe One could be fast in listening to customers or lag the competitors. I describe these enterprises as slow and fast servants of their customers. Master orders and…
Thanks to Pandemic, MSMEs have started flirting with technology by force and necessity! By Samir Sathe Technology is a great ‘object’ (as used by psychologists) that fills in a void…
By Samir Sathe The years between 2020 and 2030 would be watershed years of Indian micro, small & medium enterprises (MSMEs). The community will either prosper or wither, spectacularly. On…
On the eve of International MSME Day, the global not-for-profit Wadhwani Foundation has called for empowering MSMEs with capabilities to accelerate their growth, to the struggling MSME sector due to…
By Samir Sathe Creating larger SMEs, revving up growth engines, boosting the management capability of entrepreneurs, resetting poverty tables back to pre-Covid days, and efficient resource allocation are key enabling…
In conversation with Samir Sathe, Executive Vice President, Wadhwani Advantage at Wadhwani Foundation about the newly launched Acceleration Program exclusively dedicated to Healthcare Industry. Healthcare is a key focus area…
It is an initiative that kicked off two years ago to help small and medium enterprises (SMEs). Wadhwani Advantage endeavours to help entrepreneurs whose business revenues are under Rs 20…
By Samire Sathe Source: https://issuu.com/smechamberofindia/docs/ar-2020-21
By Samir Sathe Take an example of the country that epitomizes capitalism. In the US, >40% prefer to live in a socialist country over a capitalist one. ~53% of women…
The program focuses on assisting businesses across the spectrum, from manufacturers of medical devices to pharmaceutical firms and healthcare delivery providers. As the COVID pandemic has had a significant…
SMB entrepreneurs must energise direct reports to think of growth, low-cost innovations, and adaptation By Samir Sathe Small and Medium Businesses (SMB) entrepreneurs’ attention, allocation and action on innovation-led agenda…
Indian Small and Medium Enterprises (SMEs) are capable of driving the growth of the Indian economy during the post-pandemic period, said Samir Sathe, Executive Vice President, Wadhwani Advantage at Wadhwani Foundation. Excerpts of…
By Samir Sathe The Covid pandemic has caused the contribution of 64 million SMEs to come down to 25% from 29% before the pandemic, with more value being destroyed than…
Policy makers need to make choices that align well with advantages that India could have globally and not to be trapped in the democratisation of resources that deceptively helps the…
By Nancy Barrueta and Yair Piña, Data Analysis of the Wadwhani Foundation Much has been said about the fourth industrial revolution and all the technologies that emanate from it, such as: artificial intelligence ,…
The relevance of sustainable business practices has increased in the post-COVID world By Samir Sathe One doesn’t survive and therefore grows. One grows and therefore survives. Small and medium-sized enterprises In India and…
Source: Capgemini Other Coverage: Market Screener Press Release
The program will empower the automotive component and industrial companies with the capabilities needed to accelerate profitable revenue and free cash flows. Wadhwani Advantage has announced the new acceleration program….
Ease of Doing Business for MSMEs: The situation of stressed assets is hardly surprising, given the economy’s stressed assets had quadrupled from $26 billion in 2015 to $106 billion in…
Soft skills such as customer-centricity, critical thinking, problem-solving, and flawless written and verbal communication provide a competitive edge to any upcoming entrepreneur According to the recent TiE Delhi-NCR-Zinnov report ‘COVID-19…
By Carolina Arango Castaño To play chess, you have to learn to forget. To be strategic with the new workforce you have to do the same. In small and medium-sized companies…
कोविड-19 के प्रभाव को देखते हुए वित्त मंत्री निर्मला सीतारमण ने लीक से हटते हुए सोमवार को वित्त वर्ष 2021-22 का आम बजट कागजी दस्तावेज के बजाय टैबलेट से पढ़ा….
“The current budget has a thrust on globalising supply chains in manufacturing and increased investment in hard infrastructure, which together is a welcome step for SMEs, albeit indirectly and with…
“The government must do three things; firstly, improving the capabilities of MSMEs to help them generate demand from large companies, secondly, creating market access sector specific platforms in chosen industries…
Wadhwani Foundation, a not-for-profit with the mission of accelerating economic development in emerging economies launched the ‘Sahayata’Initiative in July 2020 to assist small and medium businesses, public health workers and…
SMEStreet Podcast with Mr. Shachindra Nath, Executive Chairman and Managing Director, U GRO Capital and Mr. Samir Sathe, Executive Vice President, Wadhwani Foundation with Faiz Askari of SMEStreet. Here is...
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Small and medium enterprises were already facing a challenging situation due to the global financial crisis. But the Corona epidemic made the situation even more difficult. Wadhwani Advantage, an initiative…
Small and medium enterprises were already facing a challenging situation due to the global financial crisis. But the Corona epidemic made the situation even more difficult. Wadhwani Advantage, an initiative…
Dr Ajay Kela, President and CEO, Wadhwani Foundation speaks at the TiE Global Summit 2020 and highlighted that although capital infusion has come from the government as a stimulus package…
भारत में हमारे अनुमान से 65 मिलियन MSME में 60 प्रतिशत से अधिक में प्रत्यक्ष और अप्रत्यक्ष रूप से घर-पारिवार का कोई न कोई सदस्य कार्यरत होता है और इनमें…
Ease of Doing Business for MSMEs: By the end of 2020, we expect the manufacturing revenue pool to be back at 2017 levels, implying that Covid would have set the…
Work and workforce need to balance the seesaw between them. The relationship between the two needs to be critically observed, moderated, and of course, balanced. By Samir Sathe High productivity. High…
Ease of Doing Business for MSMEs: MSMEs practicing basic PMO mindset and inculcating the culture among the people to do the same, often win, against the odds. By Samir Sathe…
In an article By Samir Sathe, Executive Vice President, Wadhwani Advantage at Wadhwani Foundation for SMEStreet, he wrote about Transformative leadership at the grassroots level is the need of the…
“The biggest challenge for job seekers in the MSME space would be to align with the management in a sector that has traditionally been tech-averse. Another challenge will be to…
Ease of Doing Business for MSMEs: It is ironic that in adversity, partnerships should be an instinctive response to help each other and make each other win but in reality,…
The idea for every entrepreneur in today’s time is to keep hope alive and work hard. Dr. Ajay Kela, CEO and President of Wadhwani Foundation in an exclusive conversation with…
Crisis is a great leveller, a strict teacher, a consistent normalizer and it is also a great drama when it comes to behaviours that manifest in a variety of ways….
By Samir Sathe MSMEs have been subjected to the host of advisements from a battery of ‘rescuers’, including consultants, advisors, mentors, coaches, experts, lenders, investors, employees, academia, friends, acquaintances, families,…
‘More than fractured attempts, need for enacting MSMEs’ ‘transformation trendlines’ to shape future’
Ease of Doing Business for MSMEs: The small business ecosystem has several actors, namely owners, employees, customers, suppliers, partners, regulators, funders and other stakeholders. The transformation experience starts with a…
Freelancers gain edge over full-time employees! COVID-19 uncertainty forces firms to reimagine Flexing It’s cofounder and CEO Chandrika Pasricha says the numbers of firms looking at hiring consultants on their…
Indian MSMEs had a US$ 380 billion credit gap before COVID hit us. This implies, MSMEs needed this money to survive and grow then By Samir Sathe It is a…
The loneliness manifests differently when it comes to the positive/negative entrepreneurship and leadership personas in crisis. By Samir Sathe Entrepreneurs are lonely. They become lonelier in crisis. Various estimates put this…
Skill, Labour, Talent for MSMEs: We estimate that the select Indian MSMEs up to Rs 250 crore revenue could experience an acceleration of 2-5x revenue and 1-3x in profits, in…
We should act at a national scale, now, if we were to escape a national epidemic of unemployment. By Samir Sathe New Delhi: India desperately needs job creators, the entrepreneurs…
कोविड-19 संकट ने भारत के छोटे कारोबारियों के लिए सबसे ज्यादा मुश्किलें पैदा की है. अर्थव्यवस्था में 2020 के अंत तक जीडीपी वृद्धि महज 1-2 फीसदी के करीब रहने का…
This will be followed by a 40-minute discussion on working capital, talent management and quick revenue generation. KOCHI: Kerala Startup Mission (KSUM) in association with Wadhwani Foundation is organising a…
Skilling, Labour, Talent for MSMEs: One of the several factors that will significantly address the unemployment challenge among MSMEs is upskilling, reskilling, learning, and unlearning. Surprisingly, this realization has yet…
Ease of Doing Business for MSMEs: More than 60 per cent of the 65 million MSMEs have some family members working either directly and indirectly and in over one-third of…
Credit and Finance for MSMEs: The focus on the revenue and profit is based on the visibility of the expected trends. The exhibit outlines the canvas of the potential strategies…
MSMEs need to reskill themselves to become more progressive, open-minded and collaborative learners and doers, says Samir Sathe, Executive Vice President, Wadhwani Advantage. By Baishakhi Dutta Time and again, in…
By Samir Sathe Credit and Finance for MSMEs: Last three months have proved to be a testimony to the fact that small businesses must focus on securing cashflows, more than…
By Samir Sathe In my last article, I covered how survival anxiety leads to overcoming learning anxiety, enhancing the chances of businesses becoming more prepared to innovate. The related key…
The Covid-19 pandemic has deeply impacted the MSME sector and the revival would depend on effectively tackling vulnerabilities such as financial stress, low demand, dispersed workforce, and a downbeat export…
MSMEs to stay resilient, use crisis as opportunity: Wadhwani Foundation New Delhi, June 27 (IANS) The Covid-19 pandemic has deeply impacted the MSME sector and the revival would depend on…
International MSME Day 2020 is more of a sombre occasion requiring introspection instead of celebration. The pandemic has thrown the world economy into chaos and small businesses are facing the…
Wadhwani Foundation appears to have shifted its focus from accelerating the growth of SMEs to survival and stability (of SMEs). Ajay Kela, President and CEO of the foundation, said that…
Sharing similar views, executive vice-president (Wadhwani Advantage) of Wadhwani Foundation Samir Sathe stressed the need to strengthen SMEs to meet growing demand and become competitive in the long run. Micro,…
The MSME sector will have to bear the brunt of the biggest impact as COVID-19 rips across people and the economy writes Atul Raja, Executive Vice President- Global Marketing, Wadhwani…
From being in a state of shock and awe to collaborating and supporting each other, businesses are currently responding in several ways to the trauma caused by the coronavirus crisis….
‘MSMEs must commit to these 18 guideposts of action to survive regardless of post-Covid predictions’
By Samir Sathe Ease of Doing Business for MSMEs: While few businesses have the luxury to predict and put financial resources and the right talent to respond to highly probable…
Ease of Doing Business for MSMEs: The small business owners must build trauma management capabilities to be able to respond to a crisis with their inherent strength, resolve and resilience….
By Javier Campos Frugal innovation refers to the innovation of products and services with restricted resources, in contexts of certain urgency at low prices. It could be a solution to…
Generational shift plays out in multiple ways. In 2017, Mumbai-based Ajit Singh Ahluwalia, 34, saw it in his father’s eyes. “Really? You don’t have to pay anything for it and…
Steady cash flow allows you to invest in machinery, hire and develop people, expand facilities, experiment with different customers and contract terms, and enter new geographies – everything that will…
India is one of the largest consumer markets in the world. The scope of new businesses, especially in the field of FMCG makes it a lucrative playfield for companies around…
2018 was a busy year. We met with over 250 small scale entrepreneurs and other stakeholders from the ecosystem including government bodies and industry associations. During one of these meetings,…
Supporting companies with 25-300 employees, which have a proven business model, and helping them scale up is a real job-creating opportunity. India has over 1.2 million such companies. Wadhwani Foundation…
Most accelerators and incubators are set up to last for three months. This timeframe is imported from programs aimed at identifying high-potential technology startups teams and ideas, to help crystallize…
Pune: Wadhwani Foundation in association with the Mahratta Chambers of Commerce Industries and Agriculture (MCCIA) has started a programme to help 11small and medium enterprises (SMEs) from Pune and adjoining…
14th Aug 2018: The Wadhwani Foundation has launched ‘Venture ScaleUp’, a programme with no-fee and zero-equity business, for startups and small businesses to scale up. This programme was launched recently…
The program is directed towards growth-stage startups/companies with revenues of INR 50M – 500M. WF Venture ScaleUp is a bouquet of five accelerator programs targeted at Deep Tech/IT & ITeS,…
Hans India Manam Namasthe Telangana Nava Telangana Prajasakti Sakshi Suryaa Telengana Today Andhra Prabha
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National Entrepreneurship Network (NEN), an initiative of Wadhwani Foundation, has launched an accelerator programme for growth-stage startups. The three-month programme, christened WF Venture ScaleUp, will be conducted in Pune and…
The Small and Medium Enterprises (SMEs) are known for their agility and stretching a rupee to its limit. Across all verticals, stumping most SMEs is the access to markets and…
It is now amply evident that India and Micro, Small and Medium Enterprises (MSMEs) are poised for a level of growth that defies normal trajectory. There is no better a…