D&B announces SME Awards 2013
Mumbai, 25 Nov 2013
Dun & Bradstreet, the world’s leading provider of global business information, knowledge and insight announced the ‘D&B SME Awards 2013’. The awards felicitated 21 of India’s leading Small and Medium Enterprises of India for their significant achievement and contribution over the years. The occasion also marked the launch of Dun & Bradstreet’s premier publication, Leading SMEs of India 2013.
Speaking at the awards, Mr. Kaushal Sampat, President & CEO – India, Dun & Bradstreet said, "The Indian SME sector has grown rapidly in the last decade. SMEs have made a very significant contribution to the overall economy resulting in a marked impact on GDP. The enthusiastic response that D&B’s SME Awards have received from the sector during the past two years continues to inspire us in our third consecutive year.”
“Our analysis in the third edition of our publication ‘Leading SMEs of India, 2013’ revealed that the small enterprises outperformed micro and medium enterprises in terms of aggregate total income, net profit, margins and export growth. Aggregate income of small enterprises grew by 13% in FY 13 y-o-y compared with 8.7% for medium enterprises for the same period. Small enterprises also witnessed a sharp increase in their aggregate net profit, from 3% in FY 12 to 12.5% in FY 13.They also managed to retain their margins at approximately 8% for FY 13, the same as in FY 12 and showed a 27% export growth in FY 13 y-o-y as compared to 21% export growth of medium enterprises for the same period. So, despite the challenging conditions, the SME sector has been enormously resilient.”, he added
The publication, ‘Leading SMEs of India 2013’ was released by Chief Guest, Dr. H P Kumar, Chairman & Managing Director, National Small Industries Corporation Ltd. Also present at the event were Dr. M. Narendra, Chairmain & Managing Director, Indian Overseas Bank; Mr. V.S. Krishnakumar, Executive Director, Canara Bank and Ms. Sunita Sharma, Managing Director & Chief Executive Officer, LIC Housing Finance Limited; along with leading names from the SME industry.
About ‘D&B SME Awards 2013’
The ‘D&B SME Awards 2013’ are a tribute to the leading small and medium enterprises for their significant achievement and notable performance over the years. A total of 21 awards are decided across 6 sectors namely chemicals & pharmaceutical, food processing, logistics, textiles, engineering goods and IT &ITeS. D&B used a proprietary model to shortlist the nominations based on various qualitative and quantitative parameters. Based on computation of composite scores, the award winners were decided by a Jury comprising of industry experts and eminent professionals from relevant industry.
Winners of D&B SME Awards 2013
|Chemicals and Pharmaceuticals||Small||Vasa Pharmachem Private Limited|
|Medium||Bharat Parenterals Limited|
|Engineering Goods||Small||ETA Technology Private Limited|
|Medium||Roto Pumps Limited|
|Food Processing||Small||Adinath Agro Processed Foods Private Limited|
|Textiles||Small||Win (India) Exports|
|IT-ITeS||Small||Pathpartner Technology Consulting Private Limited|
|Medium||Future Focus Infotech Private Limited|
|Logistics||Small||Indelox Services Private Limited|
|Best Regional SME - West||SEE Linkages Private Limited|
|Best Regional SME - North||Arcgate|
|Best Regional SME - South||Phoenix IT Solutions Limited|
|Best Regional SME - East||Titan Engineering Company Private Limited|
|Best SME in Global Outreach||Roto Pumps Limited|
|Best SME in Domestic Outreach||Prathista Industries Limited|
|Best Emerging SME||Sapience Analytics Private Limited|
|Best Emerging SME||Pagariya Food Products Private Limited|
|Fastest Growing SME||Mindfire Solutions|
|Best Young Entrepreneur||Arcgate (Mr. Kunal Bagla)|
|Best Women Entrepreneur||Future Focus Infotech Private Limited (Ms. Sadhana Somasekhar)|
|Best Overall SME||Bharat Parenterals Limited|
About ‘Leading SMEs of India 2013’
In addition to honoring the top performers, we also propose to document their achievements in the form of publication titled as ‘Leading SMEs of India 2013’. The publication ‘Leading SMEs of India 2013’ highlights the key achievements of the award winners of ‘D&B SME Awards 2013’.
Apart from profiling the award winning companies in diverse sectors, the publication also highlights some of the key issues faced by them at various levels. Additionally, it provides a comprehensive sector overview and insights covering various MSME related developments within various sectors.
About Dun & Bradstreet (D&B):
Dun & Bradstreet (NYSE:DNB), the world’s leading source of global business information, knowledge and insight, has been enabling companies to Decide with Confidence® for 171 years. D&B’s global commercial database contains more than 225 million business records. The database is enhanced by D&B’s proprietary DUNSRight® Quality Process, which transforms the enormous amount of data collected daily into decision-ready insight. Through the D&B Worldwide Network – an unrivaled alliance of D&B and leading business information providers around the world – customers gain access to the world’s largest and highest quality global commercial business information database.
Customers use D&B Risk Management Solutions to mitigate risk, increase cash flow and drive increased profitability, D&B Sales & Marketing Solutions to analyse markets, locate prospects and increase revenue from new and existing customers; D&B Learning Solutions to facilitate professional growth and excellence among their executives and D&B Economic Analysis Group to derive pragmatic and solution-oriented analyses of strategic economic and business developments, thereby aiding informed decision making.
D&B featured on FORTUNE Magazine's Most Admired Companies Industry List for four consecutive years (2006 -2009), ranking first in the Financial Data Services category. D&B ranked first in the areas of employee talent, financial soundness, long-term investment, quality of management and use of corporate assets. In 2013, D&B featured on the World’s Most Ethical Companies list in the Business Services category by Ethisphere, for the fifth consecutive year. The World’s Most Ethical Companies designation recognizes companies that truly go beyond making statements about doing business “ethically” and translate those words into action.