Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by international organizations such as the World Bank, the OECD, European Union, the United Nations, and the World Trade Organization (WTO).
The Khadi and Village Industries Commission (KVIC) is a statutory body formed in April 1957 by the Government of India, under the Act of Parliament, 'Khadi and Village Industries Commission Act of 1956'. It is an apex organisation under the Ministry of Micro, Small and Medium Enterprises, with regard to khadi and village industries within India, which seeks to - "plan, promote, facilitate, organise and assist in the establishment and development of khadi and village industries in the rural areas in coordination with other agencies engaged in rural development wherever necessary".
The Federation of Indian Chambers of Commerce & Industry (FICCI) is a non-governmental trade association and advocacy group based in India. Dr. Anish Shah, Group CEO and Managing Director of Mahindra & Mahindra, is the current President of FICCI.
Small Industries Development Bank of India (SIDBI) is the apex regulatory body for overall licensing and regulation of micro, small and medium enterprise finance companies in India. It is under the jurisdiction of Ministry of Finance, Government of India headquartered at Lucknow and having its offices all over the country.
The Ministry of Micro, Small and Medium Enterprises is the ministry in the Government of India. It is the apex executive body for the formulation and administration of rules, regulations and laws relating to micro, small and medium enterprises in India. The Minister of Micro, Small and Medium Enterprises is Jitan Ram Manjhi.
TransUnion CIBIL Limited is a credit information company operating in India. It maintains credit files on 600 million individuals and 32 million businesses. TransUnion is one of four credit bureaus operating in India and is part of TransUnion, an American multinational group.
Ashishkumar Chauhan is an Indian business executive and administrator who is currently the Managing Director (MD) and Chief Executive Officer (CEO) of the National Stock Exchange of India (NSE). A technocrat from IIT Bombay and IIM Calcutta, Ashish was a founding member of NSE. Prior to joining NSE back in 2022, he was the Managing Director and Chief Executive Officer of the Bombay Stock Exchange (BSE) for 10 years. Ashish is a member of the University Grants Commission and is the Chancellor of University of Allahabad. He also serves as a member of Governing Council of one of the premier B-Schools in India - IIM Calcutta. Ashish is best known as the father of modern financial derivatives in India, and is considered one of the foremost experts in financial market policies, Information technology, organized retail, telecommunications, cricket and Indian social issues. Ashish has been awarded Lifetime Achievement Award by Global Custodian
SMERA, widely known as ‘The SME Rating Agency’, is a credit rating agency in India that provides credit ratings primarily of small and medium-sized enterprises.
The Federation of Indian Micro and Small & Medium Enterprises (FISME) is an Indian NGO that is the progressive face of Indian MSMEs and is regarded as such by the Government of India. It is a member of the National MSME Board formed under the MSME Act 2006. FISME is consulted by SME policy making set-up of the country and also works in close coordination with the Ministry of Micro, Small & Medium Enterprises as well as major multilateral and bilateral bodies in India such as UNIDO, ILO, UNCTAD, DFID, GTZ etc. Supported by UNCTAD, DFID and Ministry of Commerce & Industry, as a Tier-I partner, FISME is leading 22 provincial SME bodies in 18 states.
National Small Industries Corporation Limited (NSIC) is a Mini Ratna government agency established by the Ministry of Micro, Small and Medium Enterprises, Government of India in 1955 It falls under Ministry of Micro, Small & Medium Enterprises of India. NSIC is the nodal office for several schemes of Ministry of MSME such as Performance & Credit Rating, Single Point Registration, MSME Databank, National SC ST Hub, etc.
The Alliance for Financial Inclusion (AFI) is a policy leadership alliance owned and led by member central banks and financial regulatory in developing countries with the objective of advancing financial inclusion.
IbIn stands for India Backbone Implementation Network. Conceived during the creation of the 12th Five Year Plan, IbIn's objective is to systematically promote capabilities that ensure coordination, collaboration, and implementation on issues, projects and policy within India. These capabilities include stakeholder alignment, project management, and policy advisory all of which require technical skills as well as domain knowledge knowledge. Since no single entity can provide all these skills and knowledge, IbIn is designed as a network that will cross-share and cross-link this information by leveraging partner organizations
Micro Units Development and Refinance Agency Bank ) is a public sector financial institution in India. It provides loans at low rates to micro-finance institutions and non-banking financial institutions which then provide credit to MSMEs. It was launched by Prime Minister Narendra Modi on 8 April 2015.
Dr. Sailendra Narain is a development finance specialist born in Nawadah, Bihar Province, India. For over 40 years, Narain has been a pioneer in developing the global SME sector. His specialities include: designing policy frameworks for SME Growth, establishing SME financing programs in banking and development financial institutions, and capacity building for SMEs with a focus on Entrepreneurship.
The Quality Council of India (QCI) was set up as a public private partnership model on the model existing in Netherlands at the time, where although the National Accreditation Body (NAB) was not owned by the government, the government supported it and it was exceedingly used as a third party agency to improve quality in departments and industry. QCI thus came to be organized as an independent autonomous body that worked towards assuring quality standards across all spheres of economic and social activities. Key industry associations, i.e. Associated Chambers of Commerce and Industry of India (ASSOCHAM), Confederation of Indian Industry (CII) and Federation of Indian Chambers of Commerce and Industry (FICCI) became the promoters of the organizers and QCI got established under the Societies Registration Act in 1996 to provide accreditation services in various sectors for product, services and persons.
Udyog Aadhaar is a twelve digit Unique Identification Number provided by the Indian Ministry of Micro, Small and Medium Enterprises beginning in September 2015. It is also known as Aadhaar for business. As of July 2018, more than 4.8 million MSMEs in India are registered under Udyog Aadhaar.
The IID (Imperial Institute of Design) is a design school in Monteswar, Purba Bardhaman district, West Bengal, India. The institute functions as an autonomous body certified under the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Government of India. IID is registered & recognised by the Ministry of Micro, Small and Medium Enterprises, government of India.}
Connect2India is an international trading platform that enables micro, small and medium enterprises (SMEs) to import from and export to India.
Drip Capital is a digital trade finance company based in Palo Alto, California. The company offers working capital to small and medium sized companies engaged in cross-border trade in India, Mexico and the United States using technology and data analytics.
The Islamic Chamber of Commerce, Industry and Agriculture (ICCIA) is an affiliate of the Organization of Islamic Cooperation (OIC) and represents the private sector of 57 member countries. It is headquartered in Karachi, Pakistan. ICCIA was founded in 1978 and its key objective is to promote the role of the private sector in economic activity.
