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The Innovation Mantra – SME Success Stories Taking Stock…

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Presentation on theme: "The Innovation Mantra – SME Success Stories Taking Stock…"— Presentation transcript:

1

2 The Innovation Mantra – SME Success Stories

3 Taking Stock…

4 The Positives Government Schemes/ Policies Government Subsidies Business friendly environment

5 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

6 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

7 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

8 Thank You / Questions


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