CENTRE FOR MICRO, SMALL & MEDIUM ENTERPRISES

Adani University - New Paradigm of Education

Adani University is part of the Adani Institute for Education and Research, supported by the Adani Group- one of India’s largest transport and utility infrastructure conglomerates. With inspiration from the infrastructure and visionaries of India – Mr. Adani and Dr. Priti Adani – has established the Adani University in the enterprising State of Gujarat in India.

With major thrust on education for transformation, Adani University is engaged in building state-of-the-art futuristic institution for education, training and research that shall disseminate managerial and technological knowledge of the highest value through impactful industry engagement and multidisciplinary research.

Five thrust areas, namely Infrastructure, Technology, Healthcare, Energy and Defense, will be the focus of university programs, while the approach will be broad and complementary. Adani University will be a research-intensive institution that seeks to address and impact real-world problems. Research, formal and non-formal programs for doctoral, under-graduate and post-graduate degrees and certification programs, at the intersection of disciplines, is offered at the University.

MSMEs – True Nation-Builder

Micro Small and Medium Enterprises (MSMEs) are the lowest layer of the enterprise system in any country. Being at the ‘bottom of the pyramid’, their potential is substantial. The need for tapping this potential, therefore, is not only a business case, but a wider issue in the overall development agenda of countries, including India, and at the subnational level. They are significantly influenced by trends in the global and national economy relating to business performance, and developments in technology and trade.

In India, the Micro Small and Medium Enterprises (MSMEs) sector is a major contributor to the socio-economic development of the country. In India, the sector has gained significant importance due to its contribution to the Gross Domestic Product (GDP) of the country and its exports. The sector has also contributed immensely to entrepreneurship development, especially in semi-urban and rural areas of India. MSMEs are the catalysts to reviving the Indian economy and the protection of their interests is central to India’s future growth agenda.

The Government has envisioned doubling the Indian economy to US$ 5 trillion by 2025-26. To achieve this goal, career opportunities for the young population have been generated and MSMEs have the potential to serve as a key employment generator. Therefore, the government has taken up the promotion of MSMEs to create new jobs in the sector. Further, the government aims to enhance MSME’s share in exports and its contribution to GDP. Government has allocated the budget of Rs. 15,700 crore (US$ 2.14 billion) for MSMEs in FY22 which is more than two times vis-à-vis Rs. 7,572 crore (US$ 1.03 billion) in FY21.

Gujarat and MSMEs - Strategic Nation Building Alliance

Gujarat is considered the industrial hub of India establishing itself as a manufacturing powerhouse of more than 100 product clusters. The state is well known for its entrepreneurial zeal, industrious workforce, and impeccable business acumen.

The MSMEs here have emerged as one of the vibrant and dynamic sectors playing an essential role in providing opportunities and employment in the areas of Engineering, Textile, Chemicals, Plastic, Food Processing, Ceramics, Pharmaceuticals, APIs & Drugs, Auto and Auto components, and Gems and Jewellery, etc. It contributes more than 17% in total exports of the nation.

India has approximately 6.3 crore MSMEs. The number of registered MSMEs stood at 80.16 lakh units as of March 31, 2022. Gujarat stands third with 6.48 lakh Udyam registered units.

Ahmedabad, Surat, Rajkot, Vadodara, Bharuch, Jamnagar, Bhavnagar, and Valsad are the major Multi-Product MSMEs clusters in the state.

Challenges for MSMEs

Though MSMEs are backbone of the nation, still they are the ones who are not well equipped with proper infrastructure. They face many challenges which can be observed as below :

Lack of Financial Knowledge

Technology Remains a Major Prevention

Absence of Security in Loan

Lack of Access to Financing Solutions

Unavailability of Credit

Lack of Trust

Adani University and MSMEs Development

As part of its Institutional Responsibility (ISR), Adani University would help the MSMEs in Gujarat for scaling up their business and adapting digital technology for their sustainability leading to the fulfillment of the Nation’s dream to enrich the Indian economy to the US $ 5 trillion mark. For achieving this MSMEs would also require the assistance of academic institutions and research and development (R&D) services for product innovation.

As part of its Institutional Societal Responsibility (ISR), Adani University would help the MSMEs in Gujarat for scaling up their business and adapting digital technology for their sustainability leading to the fulfillment of the Nation’s dream to enrich the Indian economy to the US $ 5 trillion mark. For achieving this MSMEs would also require the assistance of academic institutions and research and development (R&D) services for product innovation.

Centre for MSMEs – Enablement, Enhancement, and Enrichment

The Centre has been instituted under Adani University to help the MSMEs of Gujarat to scale up and sustain themselves in the present age of digitalization and competitiveness. The MSMEs are the major contributor to the Indian economy which account for around 30% of GDP providing over 110million employment opportunities. To scale up and sustain the present scenario, the MSMEs should be competitive and adapt to technological tools for growth. Adani University’s Centre for MSMEs has been created to Enable scaling up, Enhance the value output and Enrich the performance of MSMEs in Gujarat and thereby helping them to scale up their business. The Centre for MSMEs would help the MSMEs to find their true potential for their sustainable growth by organizing awareness webinars, round-table interactions, facilitation, handholding, and summits. With its vast pool of academicians and research scholars, the University would help the MSMEs adopt technology at a much lesser cost and give proper guidance for managing their business. Adani University is registered host institute by Ministry of MSMEs, Govt. of India for incubating MSMEs and aid them in growth.

Growth Trajectory for MSMEs

The MSMEs would get the support of academicians from the University who brings with them vast experience in consulting various small and medium industries thereby enabling them to grow multifold. The academicians and research scholars would work closely with the MSMEs and provide solutions for their sustainable growth at a nominal charge. The University would also depute its students for studying the problems and providing solutions as part of the industry-academia interface. The government is facilitating several measures to ensure enough liquidity flows into these enterprises. It is necessary that MSMEs need to eventually aspire to become the large enterprises of tomorrow, and not stay MSMEs forever. Centre is aimed to enable, enhance, and enrich the MSMEs to move forward in this direction.

How Centre will help MSMEs?

Address the skill gap by necessary seminars, trainings, and guidance to adopt change and create a growth mindset

Facilitate in connecting the MSMEs with the Investors, Mentors, Consultants, Facilitators, researchers, banks, government authorities, technocrats, service providers, institutions.

Provide customized solutions for the challenges & problems faced with the aim by handholding the units

Digitally educate the MSMEs and create a digital mindset

Exposure to International markets and connect the units for business expansion

Facilitate the revenue generation of MSMEs

Cluster Development programs and assisting industrial & private associations

Activities under Centre for MSMEs

MSME Idea Hackathon:

Under the scheme of MSME Innovation, Ministry of MSMEs announced the MSME Idea Hackathon in 2022 where new ideas are being invited for funding upto Rs.15 Lakhs for ideation to commercialization. In this Hackathon, one of the ideas out of 7 shortlisted ideas, submitted by the University as Host Institute, has been shortlisted by Govt. for funding. This idea was of the AVR-1 Intelli-Tech Fire Sprinkler System proposed by Mr. Tushar Saxena, AUTOVOLTZ, Vadodara. The University also participated in MSME Hackathon 2.0 and submitted 15 shortlisted ideas out of 26 ideas received.

Awareness Webinars:

No.	Date	Topic	Speakers
1	February 5, 2022	Futuristic Entrepreneurship and DigiTech Transformation	Mr. Amit Jain, Director of J K Masale Moderator: Mr. Dewang Modi, MD, iValue Systech Pvt. Ltd.
2	February 5, 2022	Entrepreneurial Talk Series : Entrepreneurial Journey – The GOPI Story	Mr. Dilip Thakkar, MD, GOPI Group
3	February 19, 2022	Challenges in Retaining Manpower in SMEs	Dr. Naresh Mehta, Executive Director, (Strategy and Organization Transformation), Energy Beverages Pvt. Ltd. (CLEAR WATER)
4	February 25, 2022	Digital Transformation for SMEs – Way Forward	Mr. Amit Saluja, Senior Director and Center Head, NASSCOM CoE, Gandhinagar
5	March 5, 2022	Manufacturing Excellence – Lessons from South-East Asian Countries for Indian SMEs	Mr. Sanjay Sadavarte, Director and COO, Bulk Corp International Pvt. Ltd.
6	March 16, 2022	Digital Transformation–The Need of the Hour for Small and Medium Industries	Dr. Ganesh Natarajan, Founder of 5F World and Former Chairman, Zensar Technologies
7	March 25, 2022	Technology and Entrepreneurship – MYBYK Journey	Mr. Arjit Soni, Founder & CEO, MYBYK
8	April 15, 2022	How SMEs can be ready for Digital Transformation	Mr. Monuranjan Borgohain, Founder and CEO of DIATOZ Solutions Pvt. Ltd. Mr. Manish Advani, Founder-CEO, MIMO Potentio
9	April 28, 2022	Why Digital Transformation for SMEs	Mr. Krishnamurthy Rajesh, Digital Transformation & Innovation Leader, and Director- Global (IT), Grey Orange
10	May 20, 2022	Compliances for Growth of MSMEs	Mr. Varun Shetty & team from Quant Legal Tech
11	June 3, 2022	Technology Adoption – A Way Forward for Scaling up MSMEs	Mr. Vatsal Shah, Business coach and e-Commerce evangelist
12	June 28, 2022	Celebrating International MSME Day – “Scale up your Business through Global Reach”	Prof. Rajendra Prasad Sharma, Professor & Head, MDPs at Indian Institute of Foreign Trade (IIFT)
13	July 15, 2022	Importance of Digital Media Marketing Strategies for MSMEs	Dr. Avani Agarwal, Visiting Faculty, GLS University
14	July 29, 2022	Designing Marketing Strategies for MSMEs	Ms. Darshana Thakkar, MSME Transformation Coach & Founder CEO, Transformation – The Strategy Hub
15	August 5, 2022	MSMEs STRIVE now for Growth! Let’s build the nation	Mr. Manish Advani, Founder-CEO, MIMO Potentio & and TEDx Speaker
16	September 8, 2022	Developing a Growth Mindset for MSMEs Transformation	Dr. Anar Mehta , Gujarat State Chapter President & International Ambassador – MSME & Startups Forum Bharat and Founding President, Srishtibharat Foundation Ms. Tejashree Shah, Secretary Gujarat State in MSME & Startup Forum Bharat and Mentor, iCreate
17	September 23, 2022	Awareness on ZED Certification and Development Commissionerate MSME Schemes	Mr. Japan Trivedi, Certified ZED Trainer, Consultant and Coach Mr. Ashis Kumar Padhi, IEDS, Assistant Director, MSME-DFO, Ahmedabad
18	October 12, 2022	Importance of Innovation and Technology for MSMEs	Dr. Shyamal Tanna, DGM-IT and Head-SAP, Vishakha Group
19	December 17, 2022	Understanding Total Productive Maintenance (TPM) for Business Growth	Mr. M G Ramesh, TPM Senior Counsellor & Former VP, Harsha International, Ahmedabad
20	March 15, 2023	Contemporary Economic Environment – Way Forward for Indian MSMEs	Prof. Rasananda Panda, Professor of Economics & Management, MICA