Indian SMEs in global list
DHL has successfully conducted Small and Medium Enterprise (SME)-focussed events in over 20 Tier II / Tier III cities. Their current effort was rewarded with large attendances.
E yeing the small and medium enterprises (SMEs) business globally, DHL Express hosted a special event for SMEs in Udaipur.
Over 80 SMEs attended the panel discussion ‘Business beyond Boundaries’ and the main outcome of the discussion was ‘International trade and cooperation is a key driver of small business success.’
The event also addressed other specialised needs of SMEs like infrastructure inefficiencies, complex international customs regulations and limited resources that constrain competitiveness.
“DHL Express has been servicing SMEs across India, including Udaipur for over 35 years now. Over the years, the pace of globalisation and its effects on SMEs and entrepreneurship has evolved. We see that there is a strong correlation between improved business performance and cross-border trade suggesting that there is a clear benefit for SMEs in going global. In India, logistics costs account to 1213 per cent of business cost, compared to six- seven per cent globally. By providing efficiency in this area, DHL can support SMEs in being even more competitive in the global village,” said RS
Subramanian, Senior Vice President and Managing Director, India, DHL Express.
“Industry estimates indicate that in India, the SME sector contributes 45 per cent of industrial output and 40 per cent of exports from India. SME units in India today employ 60 million people and generate 1.3 million jobs each year. This is the vital role that SMEs and entrepreneurship play in the growth and development of the Indian economy. We want to make the process of trade more efficient and will continue to tailor our services and solutions to help SMEs grow and compete in the global village,” said Sandeep Juneja, VicePresident, Commercial, DHL Express India.