According to various reports and surveys SME’s form a larger part of the GDP contribution. Associated Chambers of Commerce and Industry of India (ASSOCHAM), stated that small and medium enterprises (SMEs) are expected to contribute 22 per cent to India's GDP by 2012. But these are numbers, how do we see growth? From ROI perspective right! Well, the bitter truth is that SME’s are still not up to the mark. Up from current about 17 per cent.
“But if we talk about SME growth, they are under utilizing their capabilities”
So, what’s the Reason? One important fact here is that the success of an SME depends upon its quality services and yes brand building. The other factor that hampers the SME growth is limited availability of funds. Utilizing funds properly and in an intelligent manner makes or breaks the game for SME’s
A proper insight about various technologies and tools available for free or in a much affordable price certainly helps in accelerating the business. ICT is a new age communication technology that can be employed to give users quick access to ideas and experiences from a wide range of people, communities, and cultures. Moreover, ICT tools can be used to find, explore, analyze, exchange and present information responsibly and without discrimination.
And where can you get all the information you need to make your Small business Smart?
Here, we would like to take this opportunity to invite you to IAMAI's conference which discusses low cost and free mobile solutions for SME’s to leverage organizational growth. The registration is free, for more information please visit http://ievents.iamai.in/ict4sme/agenda.php.
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