Small businesses will be recognised for their achievements under five broad categories: Overall Industry Awards, Awards by MSME Category, MSME Enabler Awards, Special Category Awards and Industry Focused Awards. The 26 categories fall under these five main categories.
The programme is open to any Indian micro, small and medium scale enterprise, as defined by the Ministry of MSME.
These organisations form the backbone of the Indian economy. The country has nearly 63 million MSMEs that contribute more than 30% to India’s GDP and almost a third to the nation’s manufacturing output. After agriculture, the MSME sector is known to be the largest employment generator in the country. These facts make the MSME segment extremely important, and their achievements deserve praise and encouragement. The ET MSME Awards does just that – celebrate the journey of small businesses and push them to reach greater heights.
The ET MSME Awards 2023 is built on its earlier avatar of ET Rise Top MSME Rankings. It is designed such that it enables Indian MSMEs to compete effectively for awards according to their size and scale (micro, small, and medium). It also encourages them to compete within their sector (manufacturing or services). This gives them an opportunity to be recognised for their exceptional achievements in business and their contributions to the country’s socio-economic growth.
The previous three editions of the programme saw the participation of more than 26,000 businesses. This year, the ET MSME Awards 2023 programme also features a series of high-impact panel discussions, masterclass, fireside chats and presentations by policymakers, industry experts and top business leaders.The award ceremony is a defining forum for industry leaders, policymakers and entrepreneurs to come together, network and brainstorm actionable strategies and solutions that can boost the global competitiveness of MSMEs and strengthen the industry.An expert jury of eminent entrepreneurs and industry veterans has been on a month-long discussion to shortlist the deserving MSMEs. These names of the winners will be unveiled and the winners felicitated on December 8.
The jury panel for the ET MSME Awards 2023 comprises of various key leaders and stakeholders of the MSME ecosystem, such as R Narayan, President of FICCI-CMSME, and Founder & CEO of Power2SME; Madan Padaki, Co-founder of GAME India, Founder & CEO of 1Bridge, and President of TiE – Bengaluru; K Rama Devi, Founder and President of the Association of Lady Entrepreneurs of India (ALEAP); Srikanth Srinivasan, Vice President of NASSCOM ; Mukesh Mohan Gupta, President, Chamber of Indian MSME; and Ponnuswami M, Founder & MD, Pon Pure Chemicals Group and Co-Chairman, CII MSME National Council.
The ET MSME Awards 2023 programme is an initiative of ET Digital, in association with Airtel Business as the technology partner and Northern Arc as the silver partner. CareEdge is the knowledge partner.
To know more about the awards, click here.
