SME Times is powered by   
Search News
Just in:   • Global cues push equity markets higher, auto, IT stocks rise  • Nikki Haley praises India for 'not backing down' against China  • 'New definition to boost credit flow to MSMEs'  • Vedanta to be excluded from Nifty50 due to delisting  • Shah meets CMs of Delhi, Haryana, UP over unified Covid19 strategy 
Last updated: 29 Jun, 2020  

MSME.Thmb.jpg Initiative launched to make MSMEs globally competitive

   Top Stories
» 'New definition to boost credit flow to MSMEs'
» Shah meets CMs of Delhi, Haryana, UP over unified Covid19 strategy
» Auto sales pick up in June
» Post COVID support required to electric vehicles: FICCI
» $750 mn World Bank loan for covid-hit MSMEs
SME Times News Bureau | 29 Jun, 2020
Enterprise software major SAP on Monday launched a new programme called "Global Bharat" to enable Indian micro, small and medium-sized enterprises (MSMEs) become globally competitive by equipping them with digital technologies.

The programme is aimed at driving greater efficiencies of MSMEs by adopting three initiatives -- gaining access to global marketplace, digitally skilling workforce and digitally transforming businesses.

"The impact of pandemic on the economy and businesses has been felt majorly by MSMEs across the country. Being a potential contributor to India's GDP (29 per cent) and providing employment to over 111 million people, it is imperative to strengthen the sector for the revival of the country's economy," Deb Deep Sengupta, President and Managing Director, SAP Indian Subcontinent, said in a statement.

"Global Bharat, is our endeavour to enable MSMEs to augment business operations and re-access critical processes that overcome inefficiencies and make them globally competitive."

First, as a result of the programme, MSMEs will have open access to SAP Ariba Discovery where any buyer can post sourcing needs and any of the four million suppliers on Ariba Network can respond with their ability to deliver the goods and services required with no fees through December 31, 2020.

Ariba Network is a digital business-to-business marketplace where more than $3.3 trillion in global commerce flows annually. By accessing the SAP Ariba Discovery offer, Indian MSMEs can enroll themselves as suppliers and access a global customer market.

Secondly, business owners will have access to SAP India's Code Unnati, a coveted "Golden Peacock Award" winning digital skilling initiative.

MSMEs will be provided accessibility to 240 courses, with more getting added in a few months, on digital financial, soft skills, productivity technologies that will digitally skill the workforce and adapt to the new working environments.

The curated courses will be made available through a mobile application for people to access via their android smartphone devices, SAP India said.

Thirdly, the Global Bharat initiative also brings affordable and accessible enterprise technology for MSMEs.

The programme was launched in association with Nasscom Foundation, United Nations Development Programme (UNDP) and Pratham InfoTech Foundation.

Print the Page
Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 02 Jul, 2020
  Daily Poll
COVID-19 has directly affected your business
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(3)
» Govt. approves subsidy for 2,221 cold storages(1)
» Social entrepreneurship unique and full of challenges: Hasina Kharbhih(1)
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter