Monday, November 6, 2023

Axis Bank And India SME Forum Presents SME 100 Awards

·         Celebrates a decade of honouring SMEs for their growth and contribution in the industry.

·         54 medium, 36 small and 10 micro segment companies emerged as the national winners amongst 32,000 unique nominations.

Axis Bank, one of the largest private sector banks in India, in partnership with India SME Forum,  hosted the 10th edition of the India SME 100 Awards. The event felicitated the top performing Micro, Small Medium Enterprises (MSMEs) for their exceptional contribution and achievements in the SME industry. The event was graced by the presence of several eminent dignitaries, including Amitabh Chaudhry, MD&CEO, Axis Bank; Sumit Bali, Group Executive & Head - Retail Lending and Payments, Axis Bank; Ganesh Sankaran, Group Executive & Head - Wholesale Banking Coverage Group, Axis Bank and Sangram Singh, President & Head - Commercial Banking Group, Axis Bank.

Axis Bank and India SME Forum presented the awards to 54 medium, 36 small and 10 micro segment enterprises across the country. These MSMEs span across diverse sectors such as automobile components, engineering products, food processing, and textiles industry. The state of Maharashtra dominated the winners list as 15 MSMEs bagged the awards, followed by Tamil Nadu, Karnataka, New Delhi, and Gujarat.

This year, the awards witnessed an overwhelming response with more than 32,000 unique nominations from MSMEs across the nation. The winners were evaluated and selected by an esteemed jury panel of 15 leaders on various parameters including their growth performance, financial robustness, innovation, people capital, international outlook and corporate excellence.

On the occasion, Amitabh Chaudhry, MD&CEO Axis Bank, said, “It is an extremely proud moment for us to felicitate the MSMEs who have made an exceptional contribution to the growth of Indian economy. With their dynamism, flexibility, and drive for innovation, MSMEs have been increasingly focusing on improving production methods and employing modern scientific management capabilities to sustain and strengthen their operations. We, at Axis Bank remain committed in catalysing growth and charting new horizons of success for our nation's vibrant MSMEs. These awards celebrate the entrepreneurial spirit of MSMEs across India and highlights their remarkable performance in this industry.’’

This distinguished event, renowned for honouring India’s top-performing MSMEs serves as a catalyst for discussions on crucial subjects such as empowering entrepreneurs, boosting rural Bharat, and nation’s journey towards becoming a global economic powerhouse.

About Axis Bank:

Axis Bank is one of the largest private sector banks in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture, and Retail Businesses. With its 5,152 domestic branches (including extension counters) and 15,806 ATMs across the country as on 30th September, 2023. The network of Axis Bank spreads across 2,864 centres, enabling the Bank to reach out to a large cross-section of customers with an array of products and services. The Axis Group includes Axis Mutual Fund, Axis Securities Ltd., Axis Finance, Axis Trustee, Axis Capital, A.TReDS Ltd., Freecharge, Axis Pension Fund and Axis Bank Foundation.

For further information on Axis Bank, refer to the website:

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