The Innovation Mantra – SME Success Stories Taking Stock…

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Presentation transcript:

The Innovation Mantra – SME Success Stories

Taking Stock…

The Positives Government Schemes/ Policies Government Subsidies Business friendly environment

Obstacles The market is outside of the region Discouraging Government Terms and Conditions Dismal transport infrastructure Pathetic Power Position Poor financial infrastructure and credit availability Other Infrastructure : Example: Bandwidth, A major constraint

Some Success Stories against all odds Web.Com : Web Portals Anjaybee Infotech: Telecom/BPO Trans Virtual – ISP BMG Informatics – SI DS Systems – Power Electronics NE Online – ISP

Suggestions We have created educated manpower but not employable manpower – Skill sets development focused on employability required at local level Understanding local needs Positive government policies : Open up markets for NE industries by facilitating purchases from within the region Reduce Transport Disadvantage Improvement in dismal Power and Bandwidth situation Making the environment conducive for growth - `How’ and `What is the right kind’ needs to be identified : Examples of Real Estate and Education sector Showcasing successful entrepreneurs to the outside world

Thank You / Questions

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