ET OnlineDr. Ajay Sahai, Director General & CEO of the Federation of Indian Export Organisation, graced the occasion alongside eminent industry leaders and key stakeholders within the Indian MSME ecosystem. Notably, delegates and diplomats from the embassies of Cuba, Mongolia, Peru, Chile, and Mexico were also present.Distinguished speakers and dignitaries congratulated the 26 MSME winners at the Grand Felicitation Ceremony. All of them applauded the resilience, strength, and vast potential inherent within the Indian MSME sector. The achievements of the winners align with India’s goal of achieving developed nation status by 2047, encapsulating the essence of India’s Amrit Kaal vision.Here’s the complete list of the Indian micro, small, and medium enterprises who stood out as the winners of the prestigious ET MSME Award 2023-24:
I. OVERALL INDUSTRY AWARDS
1. Indian MSME of the Year Award: The award honours MSMEs that have demonstrated excellence across various facets including business growth, market performance, job creation, impact on consumers and the economy, as well as their significant contributions to socio-economic initiatives.
a. Winner of Indian MSME of the Year Award – Service: Ksolves India Limited
b. Winner of Indian MSME of the Year Award – Manufacturing: Metal Work Industries Limited
2. Global Indian MSME of the Year Award: The award recognises Indian MSMEs that have exhibited exceptional global expansion, penetrated new markets, and showcased remarkable global competitiveness in their business endeavours.
a. Winner of Global Indian MSME of the Year Award – Manufacturing: Sudeep Pharma Private Limited
b. Winner of Global Indian MSME of the Year Award – Services: Molkem Chemicals Pvt. Ltd
3. India’s Top Exporter of the Year Award: The award celebrates leading Indian MSMEs engaged in the export of goods and services across both manufacturing and service sectors, acknowledging their exemplary contribution to the nation’s export industry.
a. Winner India’s Top Exporter of the Year Award – Manufacturing: Aeroflex Industries Limited
b. Winner India’s Top Exporter of the Year Award – Services: Jinkushal Industries Pvt Ltd
II. AWARDS BY MSME CATEGORY
1. India’s Top-Performing MSME of the Year Award: The award honours Indian MSMEs for their outstanding performance in revenue, profitability, and returns, acknowledging their exceptional achievements and success in these key metrics.
a. Winner of India’s Top-Performing MSME of the Year – Micro: One A Advisors
b. Winner of India’s Top-Performing MSME of the Year – Small: Aadrila Technologies Private Limited
c. Winner of India’s Top-Performing MSME of the Year – Medium: Knowledge Marine & Engineering Works Limited
2. India’s Fastest-growing MSME Award: The award acknowledges Indian MSMEs that have demonstrated exceptional growth and rapid expansion over the past year, recognising their outstanding progress and success in the industry.
a. Winner of India’s Fastest-growing MSME – Micro: Sam & Marshall LLP
b. Winner of India’s Fastest-growing MSME – Small: Systango Technologies Ltd
c. Winner of India’s Fastest-growing MSME – Medium: P.M. Relocations Pvt Ltd
3. India’s Top Innovative MSME Award: The award celebrates Indian MSMEs for their groundbreaking innovations introduced within the realms of services, products, or manufacturing sectors, acknowledging their disruptive contributions to industry advancement.
a. Winner of India’s Top Innovative MSME – Micro: AlphaMERS Limited
b. Winner of India’s Top Innovative MSME – Small: Panvo Organics Pvt Ltd
c. Winner of India’s Top Innovative MSME – Medium: a) Electronics Devices Worldwide Pvt Ltd and b) Neptunus Power Plant Services Pvt Ltd
III. MSME ENABLER AWARDS
1. Indian MSME Enabler Award for Tech & Innovation: The award acknowledges enterprises for their commendable endeavours and accomplishments in supporting MSMEs throughout their tech and digital transformation journey. It celebrates their role in empowering MSMEs to embrace a spectrum of tech-enabled innovations, ensuring their businesses are future-ready.
a. Winner of Indian MSME Enabler Award for Tech & Innovation: Indiamart Intermesh Limited
2. Indian MSME Enabler Award for Banking & Financing: The award recognises and honours enterprises that have shown remarkable dedication in enhancing financial literacy, facilitating improved access to financing for MSMEs, and innovating products or solutions aimed at fostering growth opportunities while streamlining financial access and processes for MSMEs.
a. Winner of Indian MSME Enabler Award for Banking & Financing: One 97 Communications Ltd (Paytm)
IV. SPECIAL AWARD CATEGORIES
1. Top-performing Listed Indian SME: The award acknowledges the exceptional performance of SMEs listed on BSE SME or NSE Emerge in the preceding year.
a. Winner of Top-Performing Listed Indian SME: Network People Services Technologies Limited
2. Indian MSME Women Entrepreneur of the Year Award: The award celebrates and commemorates the achievements of women entrepreneurs within the MSME sector, honouring their notable contributions in both manufacturing and service industries.
a. Winner of Indian MSME Women Entrepreneur of the Year – Micro: Justwords Consultant
b. Winner of Indian MSME Women Entrepreneur of the Year – Small: rProcess Outsourcing Services Pvt. Ltd
c. Winner of Indian MSME Women Entrepreneur of the Year – Medium: P. M. Relocations Pvt Ltd
3. Best CSR by an Indian SME: The award acknowledges Indian SMEs for their significant societal impact achieved through a strategic and collaborative CSR program.
a. Winner of Best CSR by an Indian SME: Jamshedpur Chlorochem Private Limited
V. INDUSTRY FOCUSSED AWARD CATEGORIES
1. Automobile & OEM MSME of the Year: The award celebrates leading MSMEs for their exceptional efforts in elevating manufacturing and research & development capabilities within the automobile and Original Equipment Manufacturers (OEM) industry.
a. Winner of Automobile & OEM MSME of the Year: ADM Joinflex India Pvt Ltd
2. Pharmaceutical & Healthcare MSME of the Year: The award acknowledges outstanding MSMEs for their exceptional contributions in enhancing manufacturing and research & development capabilities within the healthcare and pharmaceutical sector.
a. Winner of Pharmaceutical & Healthcare MSME of the Year: Johari Digital Healthcare Ltd
3. Electrical & Electronics MSME of the Year: The award honours exemplary MSMEs for their remarkable contributions in advancing manufacturing, and research and development capabilities within the electrical and electronics industry.
a. Winner of Electrical & Electronics MSME of the Year: Autotex Private Limited
4. Clothing & Apparel MSME of the Year: The award recognises top-performing MSMEs for their remarkable efforts in bolstering manufacturing and fostering self-reliance within the clothing and apparel sector.
a. Winner of Clothing & Apparel MSME of the Year Award: Mustang Enterprises
The fourth edition of the ET MSME Awards 2023 has Airtel Business as Technology Partner, Northern Arc as Silver Partner and CareEdge as Evaluation Partner.
To know more about the ET MSME 2023 initiative as well as view the ET MSME Awards 2023: Jury Dialogues conversation series, visit the ET MSME Award 2023 website here.
