BEOT Summit 2024

In the dynamic landscape of the Indian economy, the MSME sector boasts a staggering 63 million enterprises, contributing significantly to the nation's economy. These dynamic entities account for 30% of India's GDP, showcasing their substantial economic impact. Within the manufacturing sector, MSMEs play a crucial role, contributing 45% of the total output. Embracing the digital era, a remarkable 72% of MSME payments are conducted online, highlighting the sector's adaptability and efficiency. Moreover, a growing number of SMEs, approximately 43%, are actively engaged in e-commerce, harnessing the power of online platforms to expand their reach and competitiveness in the market.

Beyond mere statistics, these small enterprises serve as beacons of opportunity, lighting up both rural and urban landscapes across the country. They're not just businesses; they're engines of employment and empowerment, fueling growth and prosperity in communities nationwide.

Acknowledging the pivotal contribution of SMEs and Mid-Corporates, Dun & Bradstreet is pleased to organize the 'Business Enterprises of Tomorrow 2024' summit on the theme "Fueling the spirit of Udyami Bharat" on 21st June 2024 in Delhi. The event will feature keynote addresses by several eminent dignitaries, including representatives from the Government, Ministries/bodies, industry veterans, and other distinguished thought leaders. The summit will also feature the launch of the ‘Leading SMEs of India 2024’ and ‘Leading Mid Corporates of India 2024’ publications, as well as the recognition of the best performers across several industry and theme-based categories.

About Udyami Bharat

"'Udyami Bharat' is reflective of the continuous commitment of the government, right from day one, to work towards empowerment of MSMEs."

- Narendra Modi

In June 2023, Prime Minister Narendra Modi took an active role in fostering India's entrepreneurial ethos by participating in the 'Udyami Bharat' program.

The primary goal of 'Udyami Bharat' is to cultivate innovation, promote entrepreneurship, facilitate capacity building, and empower women to make meaningful contributions to the MSME sector. Aligned with the government’s boost to entrepreneurship, the theme for this year’s summit will focus on the key pillars of ‘Udyami Bharat’ that can enable ‘Prosperity through Entrepreneurship.’

Pillars of Udyami Bharat

'Udyami Bharat' mirrors the unwavering dedication of the government, from its inception, to empower MSMEs and foster their growth. By facilitating skill development, fostering technology adoption, and encouraging collaboration, ‘Udyami Bharat’ endeavors to position MSMEs as engines of inclusive economic development and job creation.

Highlight of the Summit

About the Publications – "Leading SMEs of India 2024" and "Leading Mid Corporates of India 2024"

Highlighting the pivotal role of SMEs and mid-sized businesses in the Indian economy is crucial for fostering growth and innovation. Hence, Dun & Bradstreet's will launch two of its premier publications - "Leading SMEs of India 2024" and "Leading Mid Corporates of India 2024" at the summit. These publications will undoubtedly provide valuable insights into these sectors' achievements and contributions.

  • The 15th edition of the "Leading SMEs of India 2024" publication will feature:
  • Dignitaries’ message, expert views, interviews and success stories of leading SME on key pillars of Udyami Bharat
  • Insights on SME for industry trends, challenges and outlook
  • Success stories of about "D&B SME Gems"
  • Listings (of 3,500 SMEs through D&B database compiled from various reliable sources)
  • The 5th edition of the "Leading Mid Corporates of India 2024" publication will feature:
  • Dignitaries’ message, expert views, interviews and success stories of leading mid-corporates on key pillars of Udyami Bharat
  • Success stories of about "D&B Mid-Corporate Gems"
  • Listings (of 1,500 Mid-Corporates through D&B database compiled from various reliable sources)

Business Excellence Awards 2024

SMEs and mid-corporates will be awarded for their outstanding performance across diverse categories:

  • Industry Awards -Awards will be conferred for excellence in numerous manufacturing and service sectors, encompassing textile, automotive, chemicals, software services, professional services, and more.
  • Special Awards -Special recognition for exemplary initiatives and individuals, such as the best tech initiative, women entrepreneur of the year, best exporter, among other notable recognitions. Eligibility

Award Categories

Industry Awards
  • Food & Agro Processing
  • Chemicals & Pharmaceuticals
  • Plastic & Rubber Products
  • Leather, Wood & Paper Products
  • Textiles & Textile Articles
  • Building & Construction Products
  • Gems & Jewellery
  • Ferrous & Non-Ferrous Metals
  • Light & Heavy Engineering Products
  • Automobiles: OEM & Components
  • Information Technology Services
  • Digital & Fintech Solutions
  • Clean Tech Solutions
  • E-Commerce/ App based Aggregator
  • Education & Health Services
  • Travel, Tourism & Hospitality
  • Professional Services
Special Awards
  • Atmanirbhar Abhiyan Champion of the Year
  • Best Global Business
  • Entrepreneur of the Year
  • Tech Initiative of the Year
Eligibility Criteria:
  • For awards, businesses with annual standalone turnover between ` 5 crore – 250 crore as per the latest standalone financial statements will be considered eligible under the Small and Medium Enterprises (SMEs) category.
  • For Awards, businesses with annual standalone turnover between ` 250 crore – 1,000 crore as per the latest standalone financial statements will be considered eligible under the Mid-Corporates.
Details Required:
  • Annual Reports / Audited Financial Statements (mandatory) of the recent past three financial years along with the schedules / notes to accounts.
  • Completed nomination forms along with valid required documents will qualify companies for the purpose of publication and business excellence awards.
Note:
  • Businesses with annual standalone turnover below ` 5 crore are not eligible.
  • Businesses involved exclusively in trading activities are not eligible to apply for the awards.
  • Last date to submit the nomination form is 30th April 2024.

Event Flow

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