With an endeavour to augment the operational performance of Micro, Small and Medium Enterprises (MSMEs) in the State, the Power2SME organised its flagship SME transformation camp in collaboration with the Utkal Chamber of Commerce and Industry (UCCI) here.
Representatives from over 90 MSMEs present at the event were addressed by former MD, IPICOL Vivek Pattanayak, Power2SME director (External Affairs) Dr HP Kumar and UCCI president Ramesh Mahapatra.
With over 3 lakh MSMEs present in the region, the SME transformation camp apprised the enterprises on the pressing need to achieve procurement excellence and to adopt financial innovations through absorption of technology in day-to-day operations.
The initiative aims to unleash the untapped potential of the MSMEs by offering solutions for the roadblocks faced by MSMEs in the region.
This was the second such initiative by Power2SME in the State as the company conducted a transformation camp in Cuttack, last year.
Power 2 SME founder and CEO R Narayan said, “With the recent launch of the ‘Make in Odisha’ initiative that promises new opportunities for MSMEs, Odisha is at the cusp of entering into a ground-breaking phase.” The State has more than 3 lakh SMEs that offer employment to over 13 lakh people in the region.