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by Rajen Kumar

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ICICI Bank Business Banking and CNBC-TV18 present Emerging India Awards to Motivate SMEs

SME WORLD Bureau
Nov 2010

ICICI Bank Business Banking and CNBC TV18-sponsored 'Emerging India Awards 2010' ceremony will be held in Macao on November 10, 2010.

Described as 'India's most coveted awards in the SME (Small and Medium Enterprises) space', a CNBC press note said “The Emerging India Awards 2010' are India's biggest business awards that recognize and reward the nation's best SMEs in their path breaking contribution to the society. The Emerging India Awards 2010 will reward tomorrow's leaders, today. The awards are supported by CRISIL.”

The inspirational journey of the CNBC - TV18 Emerging India awards started six years ago with just about 5000 SMEs participating. Acknowledging their contribution to the nation and the economy, Prime Minister Manmohan Singh presided over the awards ceremony in 2007. In 2008, CNBC – TV18 honoured India's brightest SMEs on the international stage as a mark of respect for their global achievement. As the UK government hosted them in London, John Hutton MP, Secretary of State for Business Enterprise and Regulatory Reform and Kamal Nath felicitated the winners. Union Minister P Chidambaram graced this august ceremony last year.

The Venetian, Macao is hosting the 'Emerging India Awards' for the first time. It is the largest single structure hotel building in Asia and the fifth-largest building in the world by area. The 3,000-suite integrated resort features stunning replicas of the famous canals and architectural icons of Venice, Italy. The Venetian, Macao has become synonymous with innovative thinking, exceptional service and unparalleled amenities.

The award focuses on felicitating SMEs who exhibit world-class leadership, outstanding business acumen, best practices and exemplary vision, creating a legacy for others to emulate. These are the SMEs who will lead the next wave of economic growth.

The jury round of the awards was held in Mumbai on October 29, 2010 with an esteemed jury comprising of Mr. Rajiv Memani, Country Managing Partner, Ernst Young, Mr. Ved Jain, Ved Jain & Associates-Ex president Institute of CA, Mr. Rajiv Bajaj, Managing Director, Bajaj Auto, Ms. Anu Aga, Director, Thermax India, Mr. Harit Nagpal, Managing Director, Tata Sky, Mr. Virendra D Mhaiskar, Chairman & Managing Director, IRB Infrastructure Developers Limited & Mr. R.C.Bhargava, Chairman, Maruti Suzuki.

Speaking on the initiative, Anil Uniyal, CEO, CNBC- TV18 & CNBC AWAAZ said, “We at CNBC-TV18 have always supported and nurtured SME's through various initiatives and programmes and believe that the SMEs are the future of the Indian Economy. Therefore we continue to support the cause of SMEs with the sixth edition of the 'Emerging India Awards 2010.' The awards have proved to be a motivator for SMEs in the past and we hope to maintain the momentum even in the future.”

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