Lucknow: Lucknow Management Association organized a workshop on Creating Industry Champions through RAMP in collaboration with Laghu Udyog Bharti and supported by State Bank of India, Lucknow. The workshop focused on how to improve the performance of MSMEs under the RAMP scheme. The World Bank supported Central Sector Scheme “Raising and Accelerating MSME Performance” (RAMP). RAMP a Govt. of India scheme is being implemented by the State Government for capacity building of MSMEs, fostering innovation, encouraging ideation, enhancing market access,scaling up guarantees to women-owned micro and small enterprises.
Besides organizing sessions on Management, Productivity, Quality, Technological upgradation, and Finance by industry experts, the workshop identified MSMEs who would actively participate in the RAMP scheme to take upgrade their performance to the next level.
Addressing the workshop Rajesh Nigam, President of Karam Manufacturing, Share Key Growth Strategies. Rajesh Nigam, President of Karam Manufacturing, a leading producer of personal protection systems, recently shared insights on the company’s growth over 27 years, from a small-scale to a large-scale enterprise. He highlighted key strategies for success, including effective time management, realization, delegation, technology adoption, and maintaining integrity.
Nigam emphasized the importance of placing the right people in the right roles and empowering them with decision-making authority, which has helped drive accountability and efficiency. He also noted that embracing technology has been crucial in enhancing the company’s operations.
Karam Manufacturing’s growth is a result of focused leadership, strong management, and a commitment to innovation.
Sharad S. Chandak CGM,SBI spoke SBI Enhances Support for MSMEs with Comprehensive Financing in Uttar Pradesh
State Bank of India (SBI) is strengthening its support for Micro, Small, and Medium Enterprises (MSMEs) in Uttar Pradesh by offering a range of financial solutions, including Balance Sheet Financing, Working Capital Loans, Term Loans, Receivable Financing, and Forex services.
SBI has over 100 SME-focused branches across the state, with at least one branch in each district, to provide financial assistance for advances above ₹50 lakh. Additionally, six Small and Medium Enterprises Credit Centers (SMECs) in key cities, including Lucknow and Kanpur, can now sanction loans up to ₹2 crore to accelerate credit delivery. Each district also has a Regional Asset Credit Center (RACC) for loans under ₹50 lakh, supporting government schemes such as MUDRA and PMEGP.
SBI further simplifies access to finance through the “PSB Loans in 59 Minutes” digital platform, offering hassle-free loans with minimal paperwork.
Somesh Tondon Tata Motors spoke aboutthe need for developing Zero defects culture has not been felt more than it is being felt today. It has its origin in World War II when the Western manufacturers were asked to deliver equipment faster and flawlessly. With the Indian Government initiative and focus on Atmanirbhar Bharat, MSME have to raise the bar on quality to grasp this opportunity. Today’s session is about strategies that companies world over have adopted to develop Zero defects mindset.
Anil Rajveer Sharmaa COO Liradolh Technologies spoke Today’s talk focused on adopting Industry 4.0 to help small and medium enterprises (SMEs) transition into the digital age. The session covered key elements of Industry 4.0, including the challenges SMEs face, the importance of data acquisition, and strategies for starting digital transformation.The discussion also highlighted the evolution of industrial revolutions, with a focus on the Internet of Things (IoT) and system integration as critical tools for improving business efficiency.
R.C Yadav CHRO Grahori Cement Industries spoke in portent aspects of productivity and role of people/employee are achieving the excellence
