New
Delhi, July 1, 2008: In its successive fourth year,
India's biggest initiative for Small and Medium Enterprises
Sector, 'Emerging India Awards 2008' creates a global mark with
its theme 'Think Global Go Global'. The awards are jointly
organized by ICICI Bank and CNBC TV 18 to honor India's most
globally competitive SMEs. CRISIL, the nations leading credit
rating agency, is managing the evaluation process. The Emerging
India Awards London - 2008 felicitation ceremony for the winning
SMEs is scheduled for July 8, 2008 in London where the Honorable
Chief Guest Mr. L N Mittal, Chairman and CEO, Mittal Steel will
felicitate the winners.
The award ceremony will be graced by stalwarts like Rt. Hon John
Hutton MP, Secretary of State for Business, Enterprise and
Regulatory Reform and Mr. Kamal Nath, Minister of Commerce &
Industry, Government of India, who will felicitate some of the
winners from the 17 categories.
CNBC-TV18 India's leading business medium and ICICI Bank
announced the 4th 'Emerging India Awards London- 2008' powered by
CRISIL. Small and Medium Enterprises are often hailed as being the
drivers of economic growth. 'Emerging India Awards' this year will
recognize and reward India's most globally competitive SMEs whose
business practices are at par with global giants. The initiative
aims at recognizing the most sustainable Value Creators among SMEs
in the country. It is estimated that SMEs account for almost 90%
of industrial units in India, 40% of value addition in the
manufacturing sector and contribute 35% to India's merchandise
exports. CNBC-TV18 'Emerging India Awards London 2008' will
provide a platform that enhances the visibility of these integral
players in India's economic growth story.
Combating the tough competition from nominees under the category
of Trading (non-retail), IndiaMART.com, India's largest online B2B
marketplace has been short listed amongst the top three companies
along with Aptivaa Consulting Solutions Private Limited and
Molecular Connections Private Limited. "We are honored to be
amongst the top three companies in our category. It is highly
satisfying that our efforts to put Indian suppliers on the global
map have been recognized. Emerging India Awards has become a
platform of repute to showcase India's best SMEs, and we are happy
that we have been recognized by them", says Dinesh Agarwal,
Founder & CEO, IndiaMART.com.
Commenting on the awards Mr. Neel Chowdhury, Vice President,
Marketing CNBC-TV18, CNBC Awaaz said "The Emerging India
Awards has become not just the benchmark for recognizing the best
performing enterprises from the SME space but it has also emerged
as India's (and one of the world's) largest business awards! We
are extremely proud to partner with ICICI Bank in this initiative.
What is also extremely heartening that SMEs are raring to go and
willing to take on challenges & opportunities thrown in by
globalization with Think Global Go Global! We will continue to
take up the SME cause at the CNBC TV18 network."
CNBC-TV18 and ICICI Bank 'Emerging India Awards' is India's
foremost initiative powered by the capability of shaping the
future of Indian SMEs, and have been acknowledged as India's
biggest business award by the Limca Book of Records.
About IndiaMART.com
IndiaMART.com is India's largest online B2B marketplace bringing
Indian suppliers and international buyers together. Established in
1996, IndiaMART.com is an ISO certified company with
state-of-the-art web-development center which is one of the
largest in the world. With 900 employees and a network of 29
offices pan-India, IndiaMART.com offers value service to its
500,000 members and over 5 million global buyers.
With last financial year revenues at US$ 9.5 million the company
has grown at over 50% CAGR for the last 5 years. IndiaMART.com has
been profitable all through the twelve years of its operations.
IndiaMART's online success has been widely acknowledged by media
such as CNBC, BBC, Business Money, CNN, Businessworld, Economic
Times, Financial Express etc. Amongst its investors stands tall
the Bennett, Coleman & Co. Ltd. (Times of India Group),
India's largest print media group that has made a strategic
investment in IndiaMART.com in 2006.
About CNBC TV 18
CNBC-TV18 is the undisputed leader in the business. The channel's
benchmark coverage extends from corporate news, financial markets
coverage, expert perspective on investing and management to
industry verticals and beyond. CNBC-TV18 has been constantly
innovating with new genres of programming that helps make business
more relevant to different constituencies across India. CNBC-TV18
is currently available in over 30 million households in India.
Reference URLs:
www.indiamart.com/press-section/
For further information, please
contact:
Arun Tyagi
Marketing & PR
Email: aruntyagi@indiamart.com
Mobile: +91 - 9711003832
Phone: +91 - 120 - 3911000 (Extn. 531)