SAP India has signed a Memorandum of Understanding (MoU) with the Ministry of Micro, Small and Medium Enterprises to jointly launch Bharat ERP – an exclusive program to empower MSMEs with next-gen technology to fuel their digital journey.
As a part of the MoU, SAP India and the Ministry of MSMEs will collaborate to enable MSMEs become future-ready by helping them focus on innovation and business profitability. The initiative aims to digitally enable nearly 30,000 MSMEs and youth in the next three years as the program expands. Bharat ERP will be executed through learning & enablement approach.
“The MSME sector contributes nearly 38 percent to the country’s GDP and generates nearly 120 million jobs; its growth plays a pivotal role in propelling India’s economy forward,” said Deb Deep Sengupta, president and managing director, SAP Indian Subcontinent. “Our objective through Bharat ERP is to make digital technologies more accessible to micro and small enterprises, in line with our aim to help businesses of all sizes grow with SAP.” PNS