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Leading SMEs of India 2019
Published in India by Dun & Bradstreet Information Services India Pvt Ltd.

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Leading SMEs of India 2019

10th Edition
ISBN 978-93-86214-36-2
Contents
Message from RBL Bank Limited.......................................................................... 1

Preface . ............................................................................................................... 3

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Executive Summary ............................................................................................. 5

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Methodology ....................................................................................................... 7

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Overview of MSMEs in India.............................................................................. 11
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Interview Section................................................................................................ 27
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SME Business Excellence Awards 2019 - Winners..............................................53

Past Award Winners........................................................................................... 57

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Listing................................................................................................................. 69
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Profiles of Award Winners.................................................................................. 81

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Featured SMEs.................................................................................................. 151

Index ................................................................................................................ 198

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Vishwavir Ahuja
Managing Director & CEO
I would like to congratulate Dun
& Bradstreet for successfully
entering into the 10th year of
the SME Business Excellence
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Awards. We, at RBL Bank, are
delighted to share this platform
with Dun & Bradstreet for
the 4th consecutive year, to
acknowledge and reward the
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accomplishments of the Micro,
Small and Medium Enterprises
(MSME) sector.
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The MSME sector has been the
backbone of the Indian economy.
It has undoubtedly emerged as
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the most vibrant and dynamic
sector in the past few years. It
contributes to 29% of India’s
Gross Domestic Product and has
created 11 crore jobs till now,
taking their total contribution
to the workforce to 45%. By
facilitating the development of
rural and backward areas, it is
ensuring equal distribution of
national wealth.
Having said that, low access
to finance, shortage of skilled
workforce, lack of technology,
inadequate availability of
infrastructure are some of the
key challenges faced by the
sector. The Government has
started taking steps to mitigate
them and announced various
initiatives.
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To start with, our Hon’ble
Prime Minister’s vision of India
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becoming a $5 trillion economy
by 2024-2025 will prove to be
a vital starting step towards
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the reforms. A key part of the
vision is to increase the MSME
sector’s contribution from 29%
to 50% of the GDP. The vision
also plans to create 5 crore
additional jobs in the next 5
years. The Finance Minister
has already introduced some of
the reforms like decreased tax
rates, accelerated GST refunds,
additional credit expansion
through PSBs. The Government
is not only focusing on enhancing
the credit flow but also providing
aids to upgrade the technology.
It is equipping the MSMEs sector
digitally to leverage technology,
to compete effectively with their
global counterparts and play a
crucial role in the ‘Make in India’
campaign.
As a financial institution, we
also feel responsible to address
the challenges to the extent
possible and provide an enabling
Message
environment for the growth of
this sector.
We, at RBL Bank, feel more
connected with this segment.
MSMEs would be able to relate
themselves with our journey
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from being a small regional bank
to a Pan-India innovation driven
bank. Our journey began with
offering simple lending solutions
but we have widened our spread
to forex management, digital
banking platforms along with
financial advisory solutions.
As a part of our contribution
in achieving the $5 trillion
economy goal and supporting
the MSME segment, we continue
to provide effective lending rates
to customers, provide easy and
faster access to finance and
come up with innovative and
need based solutions like Vendor
Payable Finance as well as new
product offerings such as RFX –
an online forex platform. Being
the pioneers of digital banking
with an exclusive ‘Banking
As A Service’ team, we offer
customised digital solutions like
digital wallet, virtual prepaid
cards etc.
Pushing the sector to act as a
catalyst to bring socio-economic
growth, will definitely help us
achieve the goal of a $5 trillion
economy and RBL Bank will
continue extending its support
towards it.
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Manish Sinha
Managing Director – India
Dun & Bradstreet
Dun & Bradstreet India (D&B)
is pleased to announce the
10th edition of its publication
‘Leading SMEs of India’ jointly
with RBL Bank Limited. The
publication provides insights
on Micro, Small and Medium
Enterprises (MSMEs) in India.
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The government has set a
target for India to become
a US$ 5 trillion economy by
FY25. It is envisaged that of
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this US$ 5 trillion, MSMEs will
contribute 50% of GDP; the
current contribution is 30%.
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To achieve this, MSMEs will
have to contribute 75% of the
incremental GDP between FY19
and FY25 (US$ 1.9 trillion).
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When we look at the universe
of economic entities in India,
MSMEs account for more
than 99% of the ‘commercially
visible’ economic entities while
contributing only 30% of the
GDP. Large companies, which
make up 1% of the count of
entities in the country, also
contribute around 30% of
the GDP. This shows that the
contribution of MSMEs to
overall growth is low. To realize
their potential, MSMEs should
be provided with an enabling
eco-system to accelerate their
growth. D&B has been engaged
with MSMEs over the years,
and our studies repeatedly
indicate an MSME need for
three growth accelerators.
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Access to finance emerged as
the single largest accelerator
for growth followed by cluster
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development and access to
markets.
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First, MSMEs demand for
finance is approximately ` 88
lakh crores, which is met by
formal and informal sources of
finance. However, this is only
the “evidenced need”. There is
an additional borrowing need
that is not being addressed as
yet. Only 12% of the evidenced
need comes from formal
sources. Of the formal sources,
50% is contributed by the
government: that is only 6%
of the evidenced need. This
provides a great opportunity to
the private sector to increase
their share in the formal supply
of finances. We have found
that the average Return on
Capital for micro enterprises
that are able to access formal
credit is around 19%, while the
micro enterprises that do not
have access to formal credit
generate an average Return on
Capital of 2%.
Preface
The second important
accelerator for their growth is
cluster development. ‘Clusters’
are geographic agglomerations
of companies, suppliers, service
providers, and associated
institutions which form an eco-
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system for firms to exist and
grow. The World bank measures
the cluster development of
countries through an index
‘State of Cluster Development’.
Interestingly, it has a very high
correlation with the Global
Competitiveness Index. As
cluster development index
improves, competitiveness of a
country improves, and this will
certainly support GDP growth.
The third important accelerator
is access to markets. There are
barriers to access to markets,
the government and various
private players are working
towards resolving some of
these barriers like find business
partners, securing export
finance or sell online. Further, a
good digital outreach platform
can also help even a small
company to reach out to a
wider market. Unfortunately,
about 2/3rd of MSMEs are still
digitally offline.
I hope you will enjoy reading
‘Leading SMEs of India 2019’,
and I look forward to receiving
your valuable feedback and
suggestions.
3
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Pankaj Khanna
Head – Learning & Economic
Insights Group
Dun & Bradstreet India
Dun & Bradstreet has always
believed in the power of small
and medium enterprises
(SMEs) for the socio-economic
development of the country.
For the fourth time in a row,
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Dun & Bradstreet and RBL Bank
Limited have come together
to reinforce their commitment
towards the development
of SMEs. As a sign of this
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commitment, we are launching
the tenth edition of the
publication ‘Leading SMEs of
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India 2019’.
The publication profiles 34
award winners who were
felicitated at the ‘SME Business
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Excellence Awards 2019’. It also
features 208 high performing
businesses that have shown
strong growth potential.
These businesses belong to
various manufacturing and
services sectors namely Auto
components, Chemicals,
Digital & Fintech Solutions,
Education & Health Services,
Executive Summary
Electrical & Electronic Goods,
Engineering & Machinery, Food
Processing & Agro Products,
IT & IT Enabled Services,
Plastic & Plastic Products,
Pharmaceuticals, Professional
& Business Services, Renewable
Energy, Textiles & Garments,
Transportation & Logistics,
Travel, Tourism & Hospitality.
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Continuing the legacy from the
previous editions, in addition
to the sector awards, winners
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were also selected for the
theme-based awards such as
‘Best Global Business’, ‘Most
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Innovative Company’, ‘Best
Woman Entrepreneur’, ‘Most
Socially Responsible Company’,
‘Best Employment Initiatives’
and ‘Best Green Initiatives’.
This year we also introduced
three new categories ‘Tech
Company of the Year’, ‘Best
Start-up Initiative’ and ‘Make in
India Initiative’.
These awards and the
publication have been
conceptualized keeping in
mind the Government’s vision
of making India a US $5 trillion
economy by 2024. MSMEs
form the key component of this
vision because of their ability
to generate employment,
skill people, contribute to
the exports and help India
substitute its imports. Keeping
in mind the pivotal role of SMEs
in national development, the
government is taking several
initiatives to strengthen the SME
sector. Some of these include
setting up of TReDS exchange
platform which is expected to
solve the SMEs’ working capital
issues. They plan to, introduce
a rating system to enable these
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enterprises to avail credit
easily. In addition, the launch
of a new e-Commerce website
‘Bharat Craft’ is envisaged to
enable MSMEs to sell their
products in the local as well as
in the international markets.
Multiple other initiatives are
also planned alongside to
provide hands-on training
to these enterprises on the
latest technologies and create
awareness amongst them on
the Government’s schemes and
policies to ensure that SMEs
become more competitive.
Dun & Bradstreet India
will continue to track the
development of the SME sector
through our future endeavours.
We are confident that this
publication will serve as a
reliable source of reference to
the stakeholders of the SME
ecosystem. Dun & Bradstreet’s
global footprint will ensure
that the success stories of high
performing SMEs and Mid-
Corporate businesses reach all
relevant stakeholders across
the globe. We look forward to
receiving your feedback and
suggestions.
5
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‘SME Business Excellence
Awards 2019’ is a joint initiative
by Dun & Bradstreet and RBL
Bank Limited for recognizing
and felicitating the leading
small and medium enterprises
(SMEs) and Mid-Corporates in
India. This edition of awards
has recognized 34 winners
across various sectors and
theme-based categories. The
various sectors include Auto
Components, Chemicals,
Digital & Fintech Solutions,
Education & Health Services,
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Electrical & Electronic goods,
Engineering & Machinery, Food
Processing & Agro products,
IT & IT enabled services,
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Pharmaceuticals, Professional
& Business Services, Renewable
Energy, Textiles & Garments
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and Transportation & Logistics.
Further, the initiative also
recognizes success stories in
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the theme-based categories
such as Best Global Business,
Most Innovative Company, Best
Woman Entrepreneur, Most
Socially Responsible Company,
Best Employment Initiatives,
Best Green Initiatives, Tech
Company of the Year, Best
Methodology
Start-up Initiative and Make in
India Initiative.
The Awards, in conjunction with
the publication ‘Leading SMEs
of India 2019’, acknowledges
and highlights the achievements
of leading Indian SMEs and Mid
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Corporates in their respective
categories.
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Eligibility Criteria
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Small and medium enterprises
are defined as companies with
FY19 annual turnover between
` 50 mn – 2,500 mn. This is
based on the revised definition
for MSMEs (micro, small and
medium enterprises) proposed
by the new government. The
Mid-Corporate category is
defined as companies with
FY19 annual turnover between
` 2,500.01 mn – 10,000 mn.
The companies that are purely
into trading activity are not
eligible.
Shortlisting Process
• Dun & Bradstreet has
reached out to SMEs and
Mid-Corporates across the
country through multiple
channels such as email
campaign, online medium,
industry associations and
councils, Dun & Bradstreet’s
internal database, etc.
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• Through this process,
we have sought financial
details of SMEs and
Mid-Corporates for
FY19, FY18 and FY17
through annual reports,
audited statements, etc.
In addition to financial
information, companies
were requested to provide
qualitative information in
the form of presentations,
certifications, client
testimonials and other
documents to “Make their
Own Case” for excellence.
• Dun & Bradstreet used
a proprietary model
(employing a combination
of quantitative and
qualitative parameters) to
analyze various detailed
submissions by companies
and to shortlist probable
winners across various
award categories.
7
Selection of Award Winners
The shortlisted probable
winners were duly evaluated
by a very eminent panel of
industry leaders and experts at
a jury meeting. The final award
winners were selected by
the jury panel on the basis of
multiple factors of excellence,
during their discussion, and
were agreed upon by mutual
consensus.
The publication, ‘Leading
SMEs of India 2019’ profiles
34 award winners of ‘SME
Business Excellence Awards
2019’ who have demonstrated
exemplary performance in
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their respective fields. Profiles
of the award winners comprise
their business operations and
notable achievements that will
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serve as an inspiration to other
aspiring entrepreneurs. In
addition to the award winners,
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the publication features 208
companies that participated
in the awards process and
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that have shown strong
performance and potential
for future. These companies
are featured in a section titled
“Featured SMEs”.
A standardized format has been
used for reporting information
8
received by the companies.
Each company featured in the
publication has been allotted
a unique identification number
(D-U-N-S ® - Data Universal
Numbering System). This will
help readers locate and obtain
full-fledged information reports
on these companies from the
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Dun & Bradstreet database.
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‘SME Business Excellence
Awards 2019’ and ‘Leading
SMEs of India 2019’ is a
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tribute to the SME sector
acknowledging the resilient
ad
performance of the SME sector
in today’s volatile economy.
This, we believe, will encourage
other emerging SMEs to
showcase their contribution by
their active participation in our
future editions.
We would be pleased to receive
your invaluable feedback and
suggestions, which we can
incorporate in the next edition.
Your satisfaction remains our
major goal in Dun & Bradstreet’s
journey towards excellence.
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OVERVIEW OF
MSMEs IN INDIA
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Overview of MSMEs in India
I. Introduction

The Micro, Small and Medium Enterprises (MSME) sector is globally recognised as the major contributor for
the overall socio-economic development of a nation. In India as well, the sector has gained significance due to
its substantial share in exports, Gross Domestic Product (GDP) and employment generation. MSMEs have also
contributed immensely in terms of entrepreneurship development particularly in the semi-urban and rural
areas of the country.

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Considering the critical role that MSMEs are playing in achieving the goal of making India a US$ 5 trillion
economy, the government has taken numerous measures to further strengthen the MSME ecosystem. For
example, India moved up by 14 places to the 63rd position in the World Bank’s Ease of Doing Business 2020
survey. It performed better in six of the ten parameters with starting a business being one of them and the

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other five being - dealing with construction permits, trading across borders, resolving insolvency, paying taxes
and getting electricity. Moreover, through its flagship initiatives like Make in India and Start-up India, the
government has made an attempt to promote entrepreneurship, particularly in the MSME sector. At this

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backdrop, Dun & Bradstreet India has identified five key accelerators that will help in fostering growth of
Indian MSMEs in a sustainable manner. The overview section of the report seeks to assess the current status
of the MSME sector in India. It also elaborates on the five key accelerators that will play a crucial role in the
ad
sustainable growth of the sector.

Around 8,000
products
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manufactured

Contributes 49% 63 mn no. of

to exports MSMEs
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MSMEs in India
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Consist of 90% of
Contributes 29% to all enterprises in
GDP India
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Over 111 mn people

employed

Source: PIB Press Releases, Ministry of Micro, Small and Medium Enterprises, GoI

Definition of MSMEs
Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 defined MSMEs based on their
investment in plant & machinery for manufacturing enterprises and/ or equipment for service enterprises. In
July 2018, the government introduced new criteria for classification of MSMEs through ‘The Micro, Small and

12
Medium Enterprises Development (Amendment) Bill, 2018’ on the basis of their annual turnover. Although,
the MSME Bill was approved by the cabinet, it is yet to be passed in the parliament.

Criteria for classification of MSMEs as per the existing definition

Micro, Small and Medium Enterprises Development (MSMED) Act, 2006
Manufacturing Services
Investment in plant & machinery Investment in equipment
Micro Up to ` 2.5 mn Up to ` 1 mn
Small Above ` 2.5 mn & up to ` 50 mn Above ` 1 mn & up to ` 20 mn
Medium Above ` 50 mn & up to ` 100 mn Above ` 20 mn & up to ` 50 mn
Source: Ministry of Micro, Small and Medium Enterprises, GoI and PIB Release

II. Overview of the MSME Sector

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The data on opening of new MSMEs under Udyog Aadhaar Memorandum (UAM) reveals the recent growth

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trends in MSMEs segment. Since adoption of UAM in September 2015 till date, a total of 7.87 mn MSMEs have
been registered in India. The classification of MSMEs based on the activity and size is as given below.

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Service sector MSMEs dominate in total MSME registrations Micro Enterprises grab the largest share in total MSME
under UAM ad registrations under UAM
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Source: Ministry of Micro, Small and Medium Enterprises

Five states account for nearly 60% of the UAM registrations

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The state-wise distribution reveals that Maharashtra, Tamil Nadu, Bihar, Uttar Pradesh and Madhya Pradesh
are the top five states which collectively accounted for 60% of total UAM registrations.

Top five states on the basis of MSMEs registered under UAM

No of MSMEs (in mn) % share
Maharashtra 1.4 17.7
Tamil Nadu 0.9 11.4
Bihar 0.9 10.9
Uttar Pradesh 0.8 9.9
Madhya Pradesh 0.8 9.7
Total 4.7 59.7
Source: Ministry of Micro, Small and Medium Enterprises
  13
Economic slowdown impacted MSME registrations under UAM
In FY19, the number of MSME registrations under UAM witnessed substantial decline of almost 36% as
compared to a slight increase of 1.5% y-o-y in FY18, pointing towards the slowing overall economic activity.
While all top five states mentioned above, reported substantial decline in MSME registrations, the plunge in
registrations was particularly prominent in Bihar and Madhya Pradesh which reported a decline of 52% and
49% respectively in registration of MSMEs under UAM in 2019 as compared to the previous year.

No. of UAM registered MSMEs declined in 2019

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Source: Ministry of Micro, Small and Medium Enterprises

Micro enterprises account for nearly two thirds of employment generation but small enterprises lead in
investment
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On employment generation front, 44.3 mn jobs have been generated by MSMEs registered under UAM till
date. Micro enterprises which provide employment to over 27 mn people are the key employment generator
within MSMSE segment.

Medi um
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7%
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Sma ll
32%
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Mi cro
61%

Micro Small Medium

Source: Ministry of Micro, Small and Medium Enterprises

The MSME sector has reported an investment of ` 108 mn under UAM till date. The Small enterprises capture
the highest share of (52%) investment followed by Micro (27.8%) and Medium (19.6%) enterprises. Amongst
states, Maharashtra accounts for the highest share of almost 19% of total investment made by MSMEs
registered under UAM till date.
14
 Small Enterprises lead the investment activity within MSME segment

et
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Source: Ministry of Micro, Small and Medium Enterprises

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Maharashtra receives the largest investment made by MSMEs registered under UAM till date
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Source: Ministry of Micro, Small and Medium Enterprises

15
 III. SME Accelerators – Fostering growth of MSMEs to new heights

To understand what MSMEs need to grow, Dun & Bradstreet has been conducting various surveys over the last
decade to identify the key accelerators which can help MSMEs to grow and contribute a larger share in GDP.
While there were many accelerators, which are critical and independent of others. These are: Availability of
finance, which is single largest accelerators followed by Cluster development and Access to markets.

Fig: Key Accelerators of Growth for MSMEs

ACCELERATORS OF GROWTH FOR MSMES TO ACHIEVE US$ 2.5 TRILLION GDP
D&B’s multiple surveys over last decade along with various research indicates that there are many accelerators
which can help MSMEs to grow and contribute a larger share in GDP. But there are three accelerators which are
critical and independent of others

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Making
available low

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45%
cost
FINANCE

CLUSTER
% of responses

DEVELOPMENT
30% for building

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competitiveness Providing
MARKET Others
ACCESS
15%
ad
0%

Source: Various Research, D&B survey and Research

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1. Making available low-cost finance for MSMEs to grow and develop

Access to easy and low-cost finance is critical requirement for the growth of MSMEs. As per a study by
International Finance Corporation (IFC), the overall demand for both debt and equity finance by MSMEs was
estimated to be ` 87.6 trillion, which comprised ` 69.2 trillion of debt demand and ` 18.4 trillion of equity
demand. The study further reveals that mere 16% of funding requirement is financed through formal sources,
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particularly scheduled commercial banks.

Fig: Availability of Finance for MSMEs

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ACCELERATOR OF GROWTH FOR MSMES – AVAILABILITY OF FINANCE

12% of supply for finance is disbursed by the formal sources. Within that more than 50% is provided by the government

Total Demand for Finance Total Supply of Finance

by all MSMEs in India by all MSMEs in India
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(Rs trillion) (Rs trillion)

Non Banking and

87.6 14%
govt institutions
5%
21% Equity Small banks
Formal
12% 28%
sources
Foreign banks

Informal Pvt sector banks

67%
sources 50%

Public sector
banks

Total Supply Distribution of Formal

of Finance Sources of Finance
Source: IFC, World bank, D&B Research
16
As per the RBI data, as of March 31, 2019, the banking sector credit outstanding to MSMEs stood at ` 17.4
trillion. The share of Scheduled Commercial Banks in outstanding credit to MSMEs was around 90%, while that
of NBFCs was 9.3% as of March 2019.

Despite increase in credit flow to MSME segment, the credit gap in the MSME sector was estimated to be
` 25.8 trillion. Closing this gap can unlock huge potential for the Indian MSMEs. The study conducted by Dun
& Bradstreet identifies that the Indian micro enterprises that do have access to external finance reported 19%
Return on Capital Employed compared to only 2% for micro enterprises that do not have access.

Fig: Impact of Access to Finance

ACCELERATOR OF GROWTH FOR MSMES - IMPACT OF ACCESS TO FINANCE
MSMEs who have access to finance have higher returns on capital and higher profitability

Impact on profitability Return on capital employed

et
Cross country experimental research indicates that every Indian micro enterprises which borrowed funds were able to generate
incremental Rs 100 borrowed, Indian MSMEs generates return on capital employed by 19% as compared to just 2% by micro
Rs 73 marginal return to capital enterprises which did not borrow

re
Firms with no external borrowings in the past 5 years

India 73% Firms with external borrowing history in the past 5 years

Sub-Saharan 27%
70%
Africa

st
21%
Sri Lanka 19% 19%
60%

USA 58%
ad 8%

Vietnam 37% 2%

Average – 60% Large Small & Medium Micro

Br
Source: Various research, CMIE, D&B Research

Considering this, the government has taken various initiatives in the area of access to credit to close this
financing gap. Moreover, measures have also been taken in the area of working capital cycle of MSMEs as
almost 70% of financing demand by the MSMEs is for working capital.
&

Measures Performance
2% interest subvention for all GST registered MSMEs, on fresh An allocation of ` 3.5 bn for FY20 as proposed by the Union
and incremental loans Budget for 2019-20
un

- All MSMEs with a turnover of over ` 5 bn are asked to As of March 2019, 3,708 MSME sellers were registered on TReDS
be mandatorily on TReDS (Trade Receivable Discounting platform with 251,988 invoices amounting to ` 66.7 bn being
System) platform to enable entrepreneurs to access credit financed.
from banks, based on their upcoming receivables.
- The Union Budget for 2019-20 proposed to take measures
D

to allow all NBFCs to directly participate on the TReDS

platform.
Credit Guarantee Trust Fund for Micro & Small Enterprises (MSE)
(CGT-MSE) under which collateral free loan up to a limit of ` 10
mn is provided for individual MSE on payment of guarantee fee
to bank.
- The corpus of (CGT-MSE) scheme has been enhanced to
` 75 bn from ` 25 bn earlier. The eligible loan limit under
the scheme has also been enhanced from ` 10 mn to ` 20
mn.
- In FY19, 0.4 mn credit facilities were approved under the
scheme as against 0.3 mn in FY18.
- In FY19, guarantees of ` 301.7 bn were approved under the
scheme as compared to ` 190.7 bn in FY18.

17
 Measures Performance
Prime Minister’s Employment Generation Programme (PMEGP) - Since inception of PMEGP in FY09 till end-March 2019, a
– a credit-linked subsidy programme for generating self- total of 0.5 mn micro enterprises have been assisted with a
employment opportunities through establishment of micro subsidy of ` 120.7 bn, providing employment opportunities
enterprises in the non-farm sector. to around 4.5 mn people.
- For FY20, an allocation of ` 22.5 bn has been made.
MSME Samadhaan portal for MSMEs to register cases related to - Till date, 28,650 applications were filed by MSMEs on the
delayed payments portal for amount of ` 76.2 bn.
- Till date, 2353 cases were settled mutually with buyer, while
1,584 applications were disposed by MSME Facilitation
Council.
Registration of SMEs on stock exchange Currently 200 SMEs are registered on stock exchange

Other policy initiatives for facilitating low-cost finance and working capital management to MSMEs

et
ƒƒ The Union Budget for 2019-20 proposed to create a payment platform for MSMEs to enable filing of bills
and payment on the platform itself to eliminate delays in government payments.

re
ƒƒ The government is in discussion with Asian Development Bank, KfW Bankengruppe (Germany) and World
Bank to get their credit line for MSME finance.

2. Cluster development for building competitiveness

st
The second important accelerator for the growth of MSMEs is cluster development. A comparison between
global competitiveness index and cluster development of countries indicates a very high correlation. As cluster
development improves, competitiveness of a country also improves. India ranks higher on the state of cluster
ad
development.

Fig: Country wise comparison of Global Competitiveness Index vs State of Cluster Development
Br
ACCELERATOR OF GROWTH FOR MSMES – CLUSTER DEVELOPMENT
Cluster development drives competitiveness of firms. Countries in which clusters are deep and well-developed have high
national competitiveness in certain segments of industry and vice versa. The focus has to be on cluster development along
with developing human capital and providing enabling environment for firms to grow
90
Swi tzerland
Germa ny
Global Competitiveness index 0-100 where 100 is

Ca na da Si ngaporeNetherlands Uni ted States

Aus tra lia Korea , Rep. Fi nland
Denmark Ja pa n
&

80 New Zealand Fra nce Sweden

Uni ted Ki ngdom
Is ra el Luxembourg
Irel and Norwa y
Spa in Bel gium Ma l a ysia
Chi na
70 Ita l y
Tha iland Sa udi Arabia
Rus sian Federation Indonesia
Hungary Mexi co
the best

Greece Turkey Phi l ippines India

un

60 Bra zi l
Argenti na South Afri ca

Pa ra guay

50

40
D

30
20 30 40 50 60 70 80 90
State of cluster development 0-100 where 100 is the best

Source: World Economic Forum, D&B Research

Since the last two decades, the government is focusing on the cluster development approach in order to
improve the productivity and competitiveness of MSMEs.

MSME Cluster is defined as a group of enterprises located within an identifiable contiguous area and
producing same/similar products/complementary products/ services, which can be linked together by
common physical infrastructure facilities that help address their common challenges.
Source: Development Commissioner, Ministry of Micro, Small and Medium Enterprises

18
 MSME Clusters in India

et
re
Source: Foundation of MSME Clusters

To facilitate growth of MSME clusters, the government has taken various measures that mainly focus on
development of infrastructure and labour (skills) for the cluster as well as ease of doing business.

st
The key government initiatives for Cluster Development Programme are as follows:
Common Facility Centres (CFC) ƒƒ GoI grant of 70% of the cost of project of maximum ` 200 mn and 90% of the cost
ad
of project for CFCs in north east areas and hilly states, island territories, aspirational
districts and Left-Wing Extremism (LWE) affected area.
ƒƒ The cost of project includes cost of land, building, pre-operative expenses, preliminary
expenses, machinery & equipment, miscellaneous fixed assets and support
infrastructure like water supply, electricity and margin money for working capital.
Br

Infrastructure Development (ID)
Marketing Hubs/ Exhibition Centres
by Associations
&
GoI grant of 60% of the cost of project (` 100 mn for industrial estate & ` 150 mn for flatted
factory complex). 80% of the grant will be contributed by the GoI for projects in north east
& hilly states, island territories, aspirational districts and LWE affected areas.
GoI grant of 60% of the cost of project to a maximum ` 100 mn for Product Specific
Associations with SMO rating of Gold Category and above from National Accreditation

Board for Education & training (NABET) and 80% for Associations of Women Entrepreneurs.
Thematic Interventions GoI grant of 50% of total cost of maximum five Thematic Interventions not exceeding
` 0.2 mn for each in approved / completed CFC for activities like training programmes and
exposure visits.
un

Support to State Innovative Cluster
Development Programme
Scheme of Fund for Regeneration of
Traditional Industries (SFURTI)
D
The Gol financial support to state government is on matching share basis or ` 50 mn
whichever is lower.
SFURTI, a cluster-based scheme, provides assistance to khadi, village industries and coir
clusters in term of improved equipment, CFCs, business development services, training,
capacity building and design and marketing support.

In FY19, a total of 34,791 artisans have been benefited with an assistance of ` 1.4 bn.
Source: Development Commissioner, Ministry of Micro, Small and Medium Enterprises

Other Policy Announcements for Cluster Development

ƒƒ The Union Budget for 2019-20 proposed to set up 100 new clusters under the Scheme of Fund for
Upgradation and Regeneration of Traditional Industries (SFURTI) during FY20. Under SFURTI, Common
Facility Centres will be set up to facilitate cluster-based development particularly for Bamboo, Honey and
Khadi clusters, which will enable around 50,000 artisans to join economic value chain while generating
employment opportunities.
ƒƒ The Union Budget for 2019-20 proposed to focus on skill development in the areas like artificial intelligence,
Internet of Things, Big Data, 3D printing, virtual reality and robotics.
ƒƒ In November 2018, the government announced to bear 70% of the cost for establishing Pharma clusters.
19
The physical performance of Cluster Development Programme

Key Highlights
ƒƒ In FY20 (upto October 15, 2019), 20 CFCs
and 23 ID projects were approved.
ƒƒ In FY20 (upto October 15, 2019), 7 CFCs and
7 ID projects were completed.
ƒƒ Till date, amongst states, Tamil Nadu has
reported the highest number of 24 CFCs
completed, followed by Maharashtra (12
CFCs) and Kerala (10 CFCs).
ƒƒ Till date, amongst states, Tamil Nadu
reported the highest number of 31 ID
projects completed, followed by Haryana
(28) and Rajasthan (15).

et

Note: Data as of October 2019

Ease of Doing Business Initiatives for MSMEs

re
In last few years, India has witnessed substantial improvement in World Bank’s Ease of Doing Business
Ranking. It has jumped from 142nd rank in 2015 to 77th rank in 2019. The government has introduced
numerous reform measures under various parameters such as starting a business, dealing with construction

st
permits, getting electricity, getting credit and paying taxes which are expected to result in conducive business
environment in the country. Similar such reform measures for MSME segment are crucial for fostering growth
and competitiveness of Indian MSMEs.
ad
The table gives some major ease of doing business reform measures and their impact on MSMEs.
Ease of Doing Business Parameters Ease of Doing Business measures Impact on MSMEs
Access to credit Launch of 59-minute loan portal named As of March 31, 2019, over 50,706
Br
www.psbloansin59minutes.com to proposals received in-principle approval
facilitate in-principle approval to loans and 27,893 proposals were sanctioned
upto ` 10 mn in 59 minutes through 59-minute loan portal.
Ease of starting business/ doing business Only one annual return to be filed for 8 Reduced harassment and time in
labour laws and 10 union regulations to completing government procedures
simplify government procedures
&

Considering the seasonal nature of

business of some MSMEs engaged
in textile sector (particularly apparel
segment), the requirement of 240 days
un

of employment has been relaxed to 150

days for deductions in lieu of employment
generation under section 80JJAA.
Single consent under air and water
pollution laws. Returns will be accepted
D

through self-certification and only 10%

MSME units to be inspected.
Paying taxes All pending GST refund due to MSMEs to Ease in working capital requirements
be paid within 30 days and in future all
GST refunds shall be paid within 60 days
from the date of application
The threshold limit for applicability of
presumptive taxation of business income
has been increased to ` 20 mn from ` 10
mn earlier.
The Union Budget for 2019-20 proposed
to allow interchangeability of PAN and
Aadhar to file tax returns.
Source: Development Commissioner, Ministry of Micro, Small and Medium Enterprises, PIB Press Releases

20
3. Providing ‘Market Access’ and promoting digitization
For MSMEs to become more competitive, they need access to markets for which they face several barriers.
The government and private institutions are helping the MSMEs to resolve the barriers by finding business
partners, helping them secure export finance or helping them sell online.

Fig: Barriers to Access to Markets

ACCELERATOR OF GROWTH FOR MSMES – ACCESS TO MARKETS
MSMEs face multiple barriers to access markets. Some of those can be resolved by various stakeholders i.e. government and
private agencies and also through initiatives taken by MSMEs themselves. In this, digitization can play a bigger and better role
and help connecting businesses and consumers

BARRIERS TO TRADE

Finding business partners 63%

et
Market access limitations 41%

Customs regulations 35%

Language and/or cultural gap 33% Issues that can be addressed by various

re
stakeholders i.e. government and
Securing export finance 31% private agencies and also through
initiatives taken by MSMEs
Poor online payment alternatives to sell online 29%

st
Large geographical distance from home country 26%

Poor internet connection to sell online 18%

ad
Note: The target population consists of SMEs that have an active social business Page and include both newer and longer-standing businesses,
spanning across a variety of sectors. Period of survey for March-May 2017.
Source: World Bank, OECD, D&B Research

The government is encouraging adoption of digital technologies amongst MSMEs. The adoption of digital
Br
technologies by MSMEs can enable them to access market-relevant information, thereby opening up numerous
growth opportunities. Using these technologies will enable these enterprises access wider markets i.e. secure
more global customers and generate more revenue than those who are not connected. While few MSMEs are
capitalizing on the digital opportunity presented by ecommerce platforms such as Amazon, Flipkart etc. about
2/3rd of MSMEs are still digitally offline.
&

Fig: Impact of Adoption of Digital Technologies

ACCELERATOR OF GROWTH FOR MSMES – ACCESS TO MARKET
un

MSMEs who are digitally engaged are able to access wider markets and generate more revenue than those who are not
connected or choose to remain offline
% share of global customer Y-o-Y revenue growth % share of firms
Digitally engaged
Use digital technology to enable
business online 11% 19% 2
D

Digitally enabled
Own website, use social media,
have corporate email id 3% 17% 15

Digitally connected
Use internet but not for business 1% 12% 15
purpose

11%
Digitally offline 1%
68
No internet connectivity

Source: World Economic Forum, Google and KPMG, D&B Research

21
Such platforms have particularly benefited traditional handicraft clusters, independent artisans, micro
enterprises and women entrepreneurs who cannot afford large marketing expenditures. The e-commerce
platforms have enabled them to enter the global value chain. In view of the crucial role digital technologies
can play in providing market access as well as improving competitiveness for MSMEs, the government has
undertaken various initiatives.

Measures
Introduction of Government e-Marketplace platform
Zero Defect Zero Effect (ZED) certification scheme
25% mandatory public procurement through MSMEs
Impact
As of October 1, 2019, 54,061 MSME sellers & service providers are availing
service of Government e-Marketplace platform.
As of July 2019, over 22,288 MSMEs have registered themselves under ZED
certification scheme in order to improve their competitiveness.
As of October 2019, 60,790 MSE have been benefited with procurement
amount of ` 162 bn through public procurement initiative.

et
Other policy initiatives
ƒƒ A proposal to launch a new E-commerce website Bharat Mart/ Bharat Craft which will enable MSMEs to

re
sell their products in local as well as international markets.
ƒƒ Launch of MSME Global Mart by National Small Industries Corporation Ltd for Indian MSMEs as an
e-market place to boost their exports.

st
ƒƒ Increase in interest rebate from 3% to 5% for exporters who receive loans in the pre-shipment and post-
shipment period.
ad
ƒƒ The launch of Udyam Sakhi portal for women entrepreneurs which is expected to benefit around 0.8
mn women entrepreneurs in India. The portal provides assistance in term of entrepreneurship learning
tools, incubation facility, training programs for fund raising, one-on-one investor meet as well as provides
market survey facility and technical assistance.
Br

Concluding Remarks
The government has envisioned doubling the size of Indian economy to US$ 5 trillion in five years. However,
this goal cannot be realised in true sense without creating enough employment opportunities for the young
population of India. It is estimated that the country needs to create almost 10 mn new jobs every year to
&

employ its young population entering the workforce. In light of this, accelerating growth of MSME sector
holds significance as MSMEs have the potential to serve as the key employment generator. Recognizing this,
the government has taken up promoting growth of MSMEs as a mission mode project in order to create 50
mn new jobs in the sector. Further, the government aims to enhance MSME’s share in exports to 60% and it’s
un

contribution to GDP to 50% in the next five years.

In view of these targets, MSMEs need to focus on adopting new age digital technologies and connecting &
collaborating with foreign players in order to enhance their competitiveness and integrate themselves in the
D

global value chain. While these initiatives would go a long way in taking Indian MSMEs to new heights, their
long-standing concern related to adequate, timely and low-cost funding also needs to be addressed. The fact
that almost 84% of the funding requirements of MSMEs are met through informal channels is alarming and
calls for immediate intervention. With the government and the RBI stepping up their efforts to ease credit
constraints and Fintech companies also entering the MSME lending space at the same time, credit gap for
MSMEs is expected to reduce going forward. This coupled with other policy measures in the area of ease of
doing business will help MSME sector emerge as the growth engine for Indian economy in the coming years.

22
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INTERVIEW
SECTION
&
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Leading SMEs of India 2019

RBL Bank Limited

et
The Indian Government has been putting in a lot of efforts
to empower the MSMEs to address these challenges. The
MSME sector has always been the central driving force

re
Vishwavir Ahuja behind India’s firm vision of being a $5 trillion economy
Managing Director & CEO by 2025. SMEs have been the growth pillars of the Indian

st
ecosystem and exist in a highly competitive environment.
Indian Government is taking various measures to boost
A well rounded fiscal support, strong policy framework and
Indian MSMEs. According to you, what are the key growth
ad
incentives promoting innovations by financial institutions
accelerators for these companies?
will enable a sustainable growth to the MSME sector.
MSMEs have been recognized as the productive drivers
With the new boosters announced by finance ministry
Br

of inclusive economic growth. They play a catalytic role

like releasing ` 70,000 crore liquidity to PSBs, linking the
in the development process of our economy. Despite its
loans to external benchmarks by making them cheaper,
significant contribution to the socio-economic growth of
accelerated GST refunds to MSMEs, increasing the Interest
&

India, most of the MSMEs face a lot of challenges, like:

Equalization Scheme rate from 3% to 5% for SME exporters
• Lack of capital due to inadequate access to finance
will definitely help this sector flourish.
un

• Poor infrastructure and utilities causing reduced

production capacity RBL Bank has come a long way – from a small localized
bank in Kolhapur to one of the most promising companies
• Need for technological upgradation
D

in India. What are the key learnings which MSMEs can

• Shortage of skilled workforce
adopt from the Bank’s transformation?
Due to these issues, MSMEs are not able to scale to their
RBL Bank’s journey from being a legacy bank with rural
full potential and have not been able to compete with
presence in a constrained location to a new-age, multiple
their global counterparts. However, on the other side,
service provider and innovation driven bank, began with
these challenges should be looked upon as the untapped
a single-minded vision to be a Bank of Choice for all its
opportunities and the growth accelerators to strengthen
stakeholders.
the foundation.

28 Interview
 Leading SMEs of India 2019

With a change in the top leadership team in 2010, RBL Bank
undertook a major transformation journey, encompassing
a governance structure with a highly independent
and professional Board, revamped risk management
framework and adopted a new and modern brand identity.
Our aim was to build a ‘Best in Class’ institution with high
standards of risk management and corporate governance.
The current slowdown in the economy has put stress on
several businesses, many of them struggling to survive.
How is it impacting the Indian banking sector? What
measures is RBL Bank taking to mitigate this impact?
The GDP growth rate of the Indian economy has slowed
down in FY’20. The Indian banking sector has been
impacted due to sluggish demand which has led to a

et
The transformation journey of RBL Bank may inspire MSMEs slower growth of new credit portfolio. The government
to take-up difficult challenges in their organisation’s life has recognized the challenges and is making efforts to
cycle and move it to the next level. address the same by announcing various measures.

re
We, as a Bank, plan to continue to provide efficient
Has the Bank recently launched new products for MSMEs/
customer service and keep creating shareholder value

start-ups? What are its features?
Keeping in mind the very important factor required for
ad
sustainable growth of the MSME segment i.e. digitization,
RBL Bank has designed a crucial product RFX – built on the
principles of transparency and convenience. RFX is RBL
Br
st
relentlessly. Digital innovation as always has been our
forte and we plan on building on it. The launch of products
like RFX which lend expediency and accessibility to our
customers is one of the steps taken towards that direction.
We have built a scalable architecture which will allow us to

Bank’s new online exchange rate booking system. capitalise on the next phase of growth.

This innovative product provides various features like FX

deal booking without manual intervention, cash, tom,
&

spot deal booking functionalities and access to multiple

dealers from same organizations. This product will also
un

help increase transparency and provide superior security

levels to maintain user confidentiality.

RFX will ensure that the Bank strengthens its relationship

D

with its clients by providing them with an enhanced

experience of doing cross border business and becoming
their primary choice for any forex and trade related
transactions.

Interview 29
Leading SMEs of India 2019
Dibyendu Bose
Director of Admissions & Financial Aid (AFA)
How has ISB evolved in the past couple of years to keep in
line with the changing times of academics, employment
ad
and skillsets?
ISB has grown leaps and bounds since inception and is now
the only Indian B-school in the top 25 of the Financial Times
Global MBA Rankings. ISB’s research-driven curriculum
Br
brings the best faculty members from across the world
and bright minds together to create a fulcrum of growth
and opportunities for its students. With over 10,600
accomplished alumni in 40+ countries and more than 500
&
alumni running their own ventures along with 530+ alumni
at CXO level and top leadership roles, ISB serves as a real
example of business school success.
un
ISB was the first B-school in South Asia to get the Association
for Advancement of Collegiate Schools of Business (AACSB)
accreditation in 2011 and is also accredited by the EFMD
Quality Improvement System (EQUIS). It is one among the
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select 100+ business schools worldwide that have both
AACSB and EQUIS accreditations. The International Student
Exchange Programmes with the world’s best business
schools such as Kellogg and Wharton are testimony to our
global standards in education.
The quality of our programmes is evidenced by the fact
that ISB’s PGP in Management is ranked the number one
in Asia and number seven in the world among one-year
programmes in the Forbes Best Business School Rankings
2019 as well as being ranked number two globally in the
30 Interview
Indian School of Business
et
Wall Street Journal – Times Higher Education Rankings. Our
executive education programmes are also acknowledged
as being the best in the country and among the best in
re
Asia.
ISB’s research too is globally recognised with the School
being ranked number 2 in per capita research productivity
st
outside the US in the University of Colorado Boulder Per
Capita Business Journal Rankings.
ISB believes in regular reviews of its programme curricula
to match step with the market and to impart the most
relevant management practices and knowledge to its
students. ISB students come from top-notch educational
institutions such as IITs, BITS, NITs, etc., from all over the
country which in turn facilitates peer knowledge exchange.
How can Indian SMEs safeguard themselves against
financially volatile situations related to credit, exports
etc.?
Indian SMEs are in an exciting phase of growth and
economic empowerment. Not only can they avail easy
credit facilities for their growth and expansion, but thanks
to new government initiatives, the export trade has
witnessed phenomenal growth. Sectors like Agriculture,
Pharma, Metals and IT have witnessed a huge growth in
the demand and supply cycle. This is reflected in the fact
that India has now moved up 14 places to be ranked 63rd
among 190 nations in the World Bank’s ease of doing
business ranking. This fast-paced growth however comes
with its cons as well, the biggest being the exposure of
the SME sector to financial volatility. A few measures that
can help them insulate themselves from this would be
developing products and services with barriers to entry
and creating new benchmarks in quality and services.
 Leading SMEs of India 2019

What are some of the best practices that start-ups need and accelerators in the form of DLabs at Hyderabad
to follow diligently to build a sustainable business model? and the Atal Incubation Centre at Mohali that help
entrepreneurs in developing their ideas from concept
Startups need to follow basic rules of thumb to stay
to execution and in connecting with the larger business
sustainable. They need to be innovative, must solve a
ecosystem. Our curriculum also borrows from insights
business problem with simple solutions and must be
developed through real life case simulations and research
scalable over time and geographies. The new digital age
carried out globally to equip entrepreneurs with the
offers humongous opportunities for growth and expansion.
latest practices in entrepreneurship. Entrepreneurship
Keeping an eye on market forces to see how they can affect
is also a specialization/elective in ISB’s flagship Post
their business well ahead of time is advised. The initial
Graduate Programme in Management. The Post Graduate
phase of any startup should be about trying to cut down

et
Programme in Management for Family Business (PGP
on extra costs in setup and infrastructure and maximising
MFAB) is a comprehensive management programme
resource utilisation. By focusing on last mile value addition
for the next generation of family business owners that
and not get carried away with steep success which comes

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is designed to help them take their family-run business
automatically if the product or service is well received,
forward in the face of today’s business challenges.
startups can look at creating and sustaining their business
models over time.

st
What are the differentiating factors for the courses/
programmes offered by ISB for encouraging
ad
entrepreneurship?
ISB’s approach and methodology towards its
entrepreneurship oriented programmes is that of helping
its students learn and practice globally tested and proven
Br

management practices. ISB has two business incubators

&
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Interview 31
Leading SMEs of India 2019

WILHELM Textiles India

Private Limited

et
reliable quality standards. A good example is Vietnam,
where besides far higher salaries production of shoes
and textiles is fast growing. Other examples are Myanmar
and Bangladesh. Though India has more raw materials

re
available, it lacks flexibility. For India to grow faster, it needs
Erik Oliver Illig to capitalize on its raw materials and focus constantly on
Managing Director quality and speed.

st
Kindly elaborate on the new product initiatives
Kindly share with us in brief the history of Wilhelm
undertaken by your company in the last one year.
Textiles in India.
ad
We at have focused our development in sustainable fabrics,
WILHELM Textiles India Private Ltd is a subsidiary of
produced out of Innovative raw materials and in the most
Werner Wilhelm GmbH, Germany and is an Indo-
ecological way. This means, for example, shoe lining made
German joint venture. The company is operational in
out of organic cotton, Bamboo or Coffee. For some high-
India since 1995. The company manufactures one of the
end brands even rose petal fabrics have been developed.
Br
finest qualities of technical textiles with specialization
Many of our synthetic materials are also available with a
in footwear textiles. The company is headquartered in
high content of recycled Polyester, made from PET bottles.
Gurgaon and has its regional sales office, warehouse and
distribution center in Chennai, and Agra. Wilhelm Textiles
What are the green initiatives taken by your company?
India is further operating local distribution centers in Hong
&

Kong and Vietnam and sales offices in Bangladesh. In During the last year we invested considerably in
addition to India, the company operates in Germany and sustainability and ambience protection.
Portugal through its own local offices and serves over 750
Traditionally, dyeing houses need a huge amount of
customers across the globe. Since 2013, the turnover of
freshwater every day. Thanks to modern state-of-the-
un

the company has grown from ` 0.43 billion to ` 1.3 billion.

art micro-filtration, reverse osmosis, and other water
The company’s primary export countries include Vietnam,
purification systems, we have managed to reduce its
Bangladesh, Germany, Slovakia, Thailand, Taiwan, China
freshwater consumption by 98%. This was achieved by
and Israel. The company’s exports grew more than 15% in
using wastewater from public STP for processing, after due
2019 as compared to the previous year.
D

filtration and cleaning. Of course, after using the water, the

Our focus is on high quality technical textiles, produced in
a highly sustainable and ecological way.
What are the views on GoI’s US $5 trillion Economy? How
can textile sector contribute to this vision?
Compared to the size of India and its population, the total
textiles and shoes export of India are still at very low rate.
Low salaries are not enough to achieve and sustain the
government’s plan. Logistics need to be more reliable;
ports and customs need to work faster. Industry needs to
invest in skilling labor in order to achieve higher and more
same is cleaned again in our in-house ETP and released to
public sewer cleaner than received.
Other initiatives are: the installation of new gas fired
machines, installation of wet-scrubbers for stack cleaning,
controlled by a state of the art online monitoring system,
upgrade of all the lights including production to LED,
installation of modern electric controlled compressors,
installation of heat recovery units at the stenters and
the upgrade of machines with online automatic process
controllers.

32 Interview

Yatindra Sharma
Managing Director
Please provide a brief background of the company.
ad
KHS Machinery Pvt. Ltd. was established as 60/40 joint
venture between KHS AG, Mamata Group and Yatindra
Sharma.
Envisioned to provide cutting edge technology solutions for
Br
Indian Beverage industry and world market at affordable
prices. It has successfully lived to meet expectations of
the industry in providing value for money high technology
solutions for turnkey projects. It has excelled in efficient
project management and after sales services. The
&
company always strives to provide world class quality
solutions. It is ISO 9001:2015; ISO 14001:2004; OSHAS
18001:2007 certified company by TUV also ISO 50001
un
Energy Management Standard by TUV – 2016.
KHS is the market leader in India and provides their
solutions in more than 25 countries through their global
sales network.
D
Coca Cola, Pepsico, Carlsberg, UB Group, Nestle, Parle,
Mega Beverages, ITC, Davao, Monsanto, Mondelez are
some of our customers.
We have been accorded many awards for manufacturing,
quality, strategy by leading organizations in India.
What has been the success mantra of KHS Machinery?
Deliver what you promise is the mantra that we follow.
Customer is at the center of our world. As Mahatma Gandhi
Leading SMEs of India 2019
KHS Machinery Private
Limited
et
said ‘Service with smile. Always learn from your customers
for developing next level of technology’, we try stick to the
basics and do our best to achieve them with KHS Credo of
re
Imagination, Perseverance, Focus, Action and Joy..!!
Kindly elaborate on the innovation initiatives and the
impact that it had on the company in the recent years.
st
KHS has been in the forefront of developing and executing
some of the innovative solutions first time in India by
local development as well as manufacturing. We have
successfully introduced following innovative projects for
various customers in India:
1. We have introduced first high speed packaging line
for cans to process and fill various high quality juices
with fruit pieces, soft drink and energy drinks for Coca
Cola products.
2. We have manufactured and delivered multiple labeling
machines for Carlsberg India with camera orientation
for providing attractive labeling opportunities on beer
bottles.
3. For the first time in the world, unique joint innovation
project was carried out by Coca Cola, KHS GmbH,
Germany and KHS India. It has been a successful
development and commercialization of glass coated
PET bottles to give lightweight bottle for ultimate
freshness of soft drinks for more than 150 days.
What are the company’s growth plans for the next 3-5
years?
KHS Machinery plans to introduce state of art technology
for milk and wellness products in a big way. We plan to do
sales of ` 800 crores by expanding our export and local
customer base.
Interview 33
Leading SMEs of India 2019

Sterling Software Private

Limited
A wholly owned subsidiary of CAMS (Computer Age Management Services Limited)

et
What has been the success mantra of Sterling Software?

Sterling’s success can be attributed to its culture of

innovation and continuous improvement focus.

re
The company’s success can be attributed to the committed
Suresh Kuppuswamy
Chief Executive Officer leadership team and a vast pool of talent with many of

Please provide a brief background of the company and
the business it is engaged in.
ad
Sterling Software Pvt. Ltd. is a specialist technology
solutions and services organization providing industry
defining products to the BFSI segment, particularly to
Br
Capital Markets. The company is a wholly owned subsidiary
of CAMS (Computer Age Management Services Limited) -
India’s largest Mutual Fund Registrar and Transfer agency
(RTA) which serves over 69% of the $370 Billion Asset
under Management of Indian Mutual Fund space.
&
st
them staying on for over 2 decades. This has helped us
build deep, domain expertise and experience. Our success
in providing a stable platform that has stood the test of
time, disruptive yet frugal innovations and deep domain
consulting capability makes us the first port of call for our
clientele who operate in a highly regulated environment.
Our belief in innovation is key to long term success has
helped us and our parent company CAMS introduce many
industry first solutions and provide world class services to
Indian investors at Indian costs.

What are the key Digital & Fintech products and the
Sterling Software, over the last 2 decades, has carved
services provided by your company? What are their
a niche for itself with solutions that have significantly
features?
un

influenced the growth of the Mutual Fund industry.

As the technology arm of the country’s leading Mutual
Our flagship RTA platform Investrak and surround
Fund service partner CAMS, Sterling has been investing
applications enable CAMS to process and keep records
in technology infrastructure and digital capabilities to
of over 300 million transactions / year of 16 Mutual Fund
D

transform the experience of MF investor and catalyze the

houses. Over the years. Sterling has developed solutions
growth of Mutual funds. With the onset of the digital mega
to power several allied service layers such as Business
trend in 2014-15, we have sharpened our focus on Digital
intelligence, AML, CRM, Distribution portal, Investor
and FinTech and have been influencing the digitalization
portals and mobile app, Chatbot etc. Sterling Software’s
of the industry delivering market impacting digital and
technology stack serves 3 stakeholders viz. Mutual Funds,
fintech products.
Investors and Distributors and a multitude of market
participants of the ecosystem such as Banks, Payment
Some of our key Digital and FinTech solutions
gateways, KYC Registration Agencies, Stock Exchanges,
Depositories and Communication service providers. • myCAMS – mobile app and online portal for individual
investors to view portfolio and transact across 16

34 Interview

Mutual Funds. Combining cool features and powerful
aggregation benefit of one gateway to multiple
funds has made 29 lakh investors register and use
myCAMS. The app has won several fintech awards
and recognitions.
• GoCorp – is an online transaction portal customized
for Institutional investors to manage their Mutual
Fund portfolio across multiple Mutual funds. The
portal enables transactions for over ` 3 trillion
/ month, making GoCORP the industry’s leading
platform for corporate investors.
• CAMServ – is a chatbot hosted on camsonline.com
to enhance customer experience for self- managing
investors. Several Mutual Funds have opted for the
chatbot as a white label service on their website.
• edge360 - a comprehensive solution to enable
distributors to transact, monitor brokerage revenue,
ad
serve their investors statements and reports, have
better business visibility for sales planning and
campaign management and augment their business
growth.
Br
• CAMSPay – payment platform provides end-to-end
secure payment services to businesses and financial
institutions
• Digital KYC – a video based KYC verification application
&
assisting client organizations to perform KYC process
as per Indian regulatory guidelines
un
• DiCE – A back office solution for Mutual Funds to
onboard distributors digitally and provide commission
structures across products based on multiple
performance parameters.
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• mfCRM – Mobile solution for Mutual Fund’s
Relationship Managers to efficiently organize
and manage their day and track their business
performance vs. peer group.
• Online Loan against Mutual Funds - This solution
has been initially launched for HDFC Bank customers
who seamlessly navigate from the Bank’s website to
myCAMS to set-up a loan against their MF holdings.
Leading SMEs of India 2019
Kindly elaborate on the innovation initiatives and the
impact that it had on the company in the recent years.
Sterling’s strategy has always been to stay ahead of the
curve by undertaking regular assessments of technology
stack to stay in the path towards future readiness. Our
Digital and FinTech productization approach has a unique
quality of proactively understanding the users’ needs,
pain points and designing a solution combining our deep
domain knowledge and technology prowess. As we serve in
et
a regulated environment, we have to balance compliance
and ease.
Adoption and usage is a good measure of success and we
re
are encouraged by the positive acceptance of the various
digital initiatives. This helps us and our parent company
CAMS continue to offer differentiation to our clients and
st
their customers.
What are the company’s growth plans for the next 3-5
years?
In the Mutual Fund space, we will continue to assist our
clients with our thought leadership and products that
would enable them with deeper penetration strategies
and contribute towards the growth of Indian Mutual
fund industry. From a technology perspective, Sterling
has ventured into machine learning/artificial intelligence,
predictive behavioral analytics, and data-driven marketing
and have identified ways to engage with users to make
their decisions/transactions automatic. We are doing
experiments / PoC using IoT and blockchain to bring
greater rigor to operations.
A strategic decision of Sterling for the coming years is to
expand its technology solution offerings from primarily
Mutual funds domain to other adjacencies within the
BFSI vertical. Our focus would be to build domain agnostic
digital products that would fit across organizations and
bring in operational excellence through automation and
ease of use.
We will continue to assist & facilitate our clients, innovators,
and regulators to offer contemporary technology and
enable better and simpler consumer experience.
Interview 35
Leading SMEs of India 2019
Karan Daftary Akshay Daftary
Director Director
Please provide a brief background of the company.
Incorporated in 1996 by Dr. Gautam Daftary, SIRO Clinpharm
ad
Private Limited is a Clinical Research Organization
supporting trials from Phase II to Phase IV and beyond
post-launch of products. SIRO has successfully conducted
over 250 clinical trials across various therapeutic areas
Br
and complex indications, in compliance with international
standards. SIRO has been an industry pioneer over two
decades, sharing an incontestable record of excellence in
the pharmaceutical, FMCG and medical device industry.
Its global delivery center in Mumbai has a seasoned team
&
of 200+ professionals hailing from science and medical
backgrounds.
Services:
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• Clinical Operations
• Medical writing • Clinical Data Management
• Biostatistics • Clinical trial supplies management
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• Regulatory liaison & consulting
What has been the success mantra of SIRO Clinpharm?
In order to achieve our mission of “Helping lifesavers save
lives’’, we act as a strategic partner to our clients. The
success mantra has been the teamwork that has been
shown by the various departments within SIRO, which
enables providing end to end clinical trial services. These
specialized departments play a pivotal role in different
parts of the trial (start-up, study conduct, close-out), and
together help in generating the final results based on
36 Interview
SIRO Clinpharm Private
Limited
et
our trial conduct, which leads the drug developers a step
closer to getting their medicines to patients in need. The
teamwork is essential for the smooth conduct of a study
re
within stringent timelines while maintaining the highest
levels of quality and regulatory compliance.
Kindly elaborate on the initiatives that have had the
st
most impact on the company in recent years and led to
its growth.
SIRO has continually evolved over the last few years to
adapt to the ever changing regulatory environment.
Few initiatives which we have taken include: addition of
new verticals based on client requirements and industry
trends, addition of a service called Health Economics
and Outcomes Research (HEOR) in the recent years
which involves collecting real world data and analyzing
it, to understand trends and results, process optimization
through innovative automation initiatives and increase in
training and cross training of teams to widen core expertise
of resources.
What are your growth plans for the next 3-5 years?
SIRO has had long standing strategic partnerships with
some of the top global biotechnology and pharmaceutical
companies with long-term contracts for over 5 years.
Having solidified our clients over the past few years, we
decided to bifurcate our approach. In India, our primary
focus remains on conducting clinical trials across various
therapeutic area. This is the core of our purpose and the
basis for growing as a clinical research organization. In
the US and other countries (European countries, Japan,
China, Singapore etc.) our focus is on Medical Writing
and Biometrics (Biostatistics and Data Management). In
this ambitious geographical expansion, we are looking to
hire 3-4 specialist operational resources in the US in the
first quarter of 2020. We would continue to expand in the
coming years.

Chirag A Parekh
Chairman & Managing Director
Please provide a brief background of the company.
ad
Acrysil Ltd incorporated in 1987 is promoted by the
Parekh Family. Acrysil Limited, part of Acrysil Group, is
one of the world leaders in manufacturing and marketing
of Composite Quartz Kitchen Sinks, engineered with
Br
German technology. Acrysil marketing the products under
the brand name “CARYSIL”. Our Quartz Sinks are sold to
discerning customers in over 50 countries worldwide such
as USA, UK, Germany, France, Canada, China, Far East
&
and Gulf Countries etc. Acrysil has successfully acquired
marketing and distribution Company “Homestyle Products
Ltd” in UK to cater the UK market. Acrysil has also set-up
un
a wholly owned subsidiary, Acrysil GmbH, in Germany in
order to further strengthen its presence and penetration
in the demanding European markets. Acrysil’s PAN India
presence includes more than 1,500 dealers, 80 Galleries,
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82 Distributors. The product segment includes Kitchen
Sink, Kitchen built-in appliances, Premium Sanitary
products, faucets & other Bathroom fittings.
What has been the success mantra of Acrysil Limited?
Acrysil believes in innovation, expansion, globalization,
and diversification. We have developed unique, quality
products which is ahead of its time and enrich the lives of
Leading SMEs of India 2019
Acrysil Limited
et
homes and give our customers luxury sense of living with
our Premium kitchen sinks & appliances. Our Bathroom
suite /products are intricately crafted, unique and luxurious
re
design to give lifetime experience to customers. We deal
in value added niche products which has differentiation
factors.
st
Kindly elaborate on the innovation initiatives and the
impact that it had on the company in the recent years.
Acrysil is only company in India and Asia to manufacture
Quartz Sink using German Technology. Acrysil has
introduced more than 100 different type of models of
Quartz sink which is unique, having aesthetic look and feel
and enhance overall kitchen outlook. The company has also
introduced handmade Quadro steel sink in premium steel
sink category. In our built-in kitchen appliances category
we have introduced motion censored chimney fitted with
visual screen to make cooking experience enjoyable. All
our products are loaded with modern features which
pave the path for our upcoming endeavors. We have also
introduced 3D composite tiles which is unique to the Asian
market. It is a matter of pride for Acrysil as we are only
2nd Company in the world to offer such products. Our
bathroom products are sold under “Sternhagen” brand,
which are ultra-luxuries and are best in category, at par or
even better than top global brands.
Interview 37
Leading SMEs of India 2019
Jitendra B Divgi
Managing Director
What has been the success mantra of Divgi?
ad
We realized a very long time ago that, if we positioned
ourselves as a technology-led company, the chances of
success to move up the value chain in the “dog-eat-dog”
world of the automotive industry were much higher. Since
Br
the ‘60’s, we have been getting technology into India
and exporting components based on the technologies to
markets outside India. Our JV with BorgWarner provided
us precisely that. It has led us, as an Indian company, to
&
achieving several “firsts” in our domain area of drivetrain
components and systems – supply of transfer case system
to China & Thailand, design, develop & supply transfer
un
case system to a global auto OEM (FORD), introduce
cutting-edge carbon-lined steel synchronizer full system
solutions to OEMs in India. We also were the 1st Asian
unit of BorgWarner to have won the Chairman’s Product
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Innovation Award. All of these products are being supplied
to top Indian OEMs Tata Motors and Mahindra for over 20
years on most of their applications.
Kindly elaborate on the innovative initiatives and the
impact that it had on the company in the recent years
Our 6-pronged strategy of becoming a products leader,
built with a view to realizing our vision “To be recognized
38 Interview
Divgi TorqTransfer Systems
Private Limited
et
as a world-class Indian brand in automotive drivetrain
components and systems”, has created a culture of
continual innovations. This involved innovations in the two
re
founding aspects of our business i.e. Product Innovations
and Manufacturing Process Innovations. While product
innovations on the 4WD and transmission products
st
were respectively driven through our collaborations
with BorgWarner, and more recently, with top of the
rung engineering houses in Germany, Manufacturing
Process Innovations have been acquired from process
ideas exchanged with our European, Chinese and
Taiwanese equipment supplier partners. A combination
of manufacturing depth, diverse products portfolio,
geographic diversity, speed and agility in our execution
and new learnings from our partners has resulted in new
businesses from several Indian and international premier
OEMs – UAZ Russia, Mahindra North America, Toyota and
USA’s maverick electric vehicle manufacturer.
What are the company’s growth plans for the next 3-5
years?
We see growth across our entire product portfolio – 4WD
products, manual, electric and dual-clutch transmissions.
Currently, we are being driven by our strong engagements
with OEMs across the world; USA, Europe (Sweden,
Germany, France), Russia, India, China, Thailand, Malaysia
and Korea. The mood is very upbeat. We are looking
towards becoming an INR 1000 crore company by 2025.

Siladitya Chaudhuri
National Sales Manager SME
What are the key reasons for under penetration of
insurance amongst SMEs? What initiatives is SBI General
ad
undertaking to create more awareness?
Reasons for Under Penetration of SME Insurance:
A lack of awareness, coupled with thin margins, makes
Br
insurance a low priority and so it is often neglected by
SMEs. Resultant Insurance is often neglected or there
is partial cover, which finally ends up in poor claims
experience.
&
Initiatives by SBI General to create more awareness:
SBI GIC is continuously working on spreading awareness
about various covers/policies which are available with us
un
and offer the same to new as well as to the existing clients
with adequate coverages at the optimum pricing. We are
focusing on increasing SME penetration levels of our channel
partners (Bank/Broker/Agency). We are also educating
D
clients about the benefits of insuring the BMA with RIV
clause and also ensuring that the Assets are adequately
covered, with No Under-Insurance. We are sensitizing the
customers about the essential need for Insurance in Small
and Medium enterprises, since their profit margins are
thin, and they are generally not well equipped to face a
situation where they can suffer a loss. Our Risk engineering
team conducts a detailed survey of the units and suggest
necessary loss minimization measures. We also create
awareness amongst the employees and staffs of the units
Leading SMEs of India 2019
et
as to how they can prevent a fire in the unit. This way we
carry out safety audits and Thermographic study as loss
prevention measures.
re
What are the key products that SBI General Insurance has
launched recently for the Indian SMEs? What are their
st
benefits?
Key Products that SBI General Insurance has launched
recently for SMEs:
- Business Package Policy: Package Policy which gives
the flexibility to choose the set of covers in a single
policy. We offer multiple coverages in a single policy
including: Fire, Burglary, Money Insurance, Plate &
Glass, Public Liability, Breakdown Covers like MBD,
EEI. All the basic covers needed for SME can be
covered under single policy with optimum pricing.
- Cyber Defence Insurance: Cyber Defence Insurance is
designed to protect your business against a number
of cyber exposures – from hacking attacks and viruses
to privacy breaches and theft of data.
- SME Tiny Sector – a comprehensive product offering
Fire, Burglary, Earthquake and terrorism at a flat rate
irrespective of the activities carried out by the unit for
an asset value of ` 25 Lacs.
What initiatives is SBI General Insurance taking to drive
insurance products using advanced digital and mobile
applications?
SBI GIC has tie-up with few digital insurance channel
partners to spread awareness and increase penetrations
using digital/mobile applications. Further, we have formed
an alliance with Mobikwik app to offer digital insurance
solutions to new generation entrepreneurs.
Interview 39
Leading SMEs of India 2019
Ajay Anand
Managing Director
What are your views on Indian Textile industry?
ad
Textiles have gone through severe consolidation in India
in this decade. Also fewer new players have entered
the space. The Companies who have survived & with
Infrastructure in place will greatly benefit in coming
decade as India will strengthen further as a Textile hub
Br
especially for made ups and value-added products. Also
regardless of the outcome of trade war between US-China,
there has been a tectonic shift in mindset of companies in
the west leading to sizeable opportunity already moving
&
out of China, this will benefit India and all incumbents in
South East Asia.
Please provide a brief background of the Company.
un
The Company was founded for manufacture and export of
Home Textile products in 1985 by Myself and Mr. Sanjay
Anand, who joined as Director in 1992. The Company went
D
public in 1995 on BSE and ventured into Technical Textiles
(Automotive fabrics) in 1997.
What are the key products manufactured by your
Company and the markets they cater to?
The product offering under Home Textiles are complete
range of Bathmats, Accent Rugs/ Top of the bed along with
Cushions, Curtains etc. The Home textile Customers are
top retailers in USA led by Costco, Walmart Stores, Target
etc. and in UK / EUR led by Sainsbury’s, ASDA, Marks and
40 Interview
Faze Three Limited
et
Spencer, LIDL, etc. The group ventured into Technical
Textiles in 1997 (known as Faze Three Autofab Limited),
mainly Automotive fabrics i.e. Passenger Car Seat Fabric
re
and is a leading supplier to all major OEM’s with over 40%
market share in the segment. The Group has 7 integrated
manufacturing facilities in India, 3 in Silvassa, 3 at Panipat
and 1 at Vapi. The Company is actively exploring inorganic
st
growth opportunities including acquiring existing Home
textile companies or Joint venture for manufacturing in
India to add new range of products of Home Textile.
What has been the success mantra of Faze Three group?
Continuous Innovation, Absolute Commitment to Quality,
Reliability (timely deliveries), Long serving Customer
Relationships and Global Standard Infrastructure are at the
heart of success at the group. We have always invested into
infrastructure and products ahead of time which has put
the Company as preferred partner supplier from India. The
Customer is at the heart of every decision at the Company,
we visualize the Retail of our products in our customer
stores for the Home Textiles. Under Technical Textiles, we
focus on performance factors and other technical factors.
Another critical aspect is the cost competitiveness, at
Faze Three group we have never engaged in pricing war
/ undercutting to gain market share over competitors
which leads to overall loss for all suppliers in the eco-
system, instead have made efforts to educate customers
on the costs and demonstrate value of offerings. Also we
have a strong inclination to only work with AAA rated
customers / global companies owing to their appreciation
for Innovation and Quality. The Home textiles Business
is 90% Exports and for Technical Textiles the sale is 80%
Domestic which provides a good hedge at the group level.
Also, as a policy we try and ensure that single customer
exposure is below 15% of Total Revenue and on the raw

material side our dependence on imports is almost zero.
On the financial side, the Company invests for long term
from internal accruals therefore Company’s repayable
Debt is NIL over last 2 years now with overall debt/equity
ratio of ~0.3. Our Management team and key people are
passionate and the Company promotes younger people to
take challenging roles.
Kindly elaborate on the innovation initiatives and its
impact in the recent years.
The Company has in-house Research, Design &
Development department. There are continuous efforts
to innovate new technology. The Company has registered
various trademarks and Brands which are directly used in
various products manufactured and supplied to customers.
The Company has received Best Innovation Award from
Sainsbury’s UK and also an Outstanding Partnership Award
from Williams-Sonoma Inc.
ad
What are the kind of Assets / Infrastructure does the
Company has or plans to invest to achieve group growth
plans over the next 3-5 years?
At group level, we have Assets block of over ` 3 billion
Br
&
un
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Leading SMEs of India 2019
which includes land, building, plant and machinery. In
terms of overall capacity utilization, we are ~65% with a
room to add more capacities with marginal increase in
capex. The Company has incurred a capex of over ` 350
million in last 3 years predominantly for new products
and progressive capex rather than brick and mortar. The
current group Revenue is around ` 4.6 billion which we aim
and endeavor to double within 3 years since all ingredients
required to do so within the same product line, same
business, same customers are in place now. This growth
et
is expected to come with nominal capex of ` 300 million
the similar period which would be adequately funded from
internal accruals.
re
What are the efforts made towards sustainability and
green initiatives?
st
The Company has invested into water processing plant and
reduced fresh water consumption in one of its processing
plant upto 30%. It is working on zero discharge by 2020
and way forward. We are also currently shipping complete
range of Home products in organic cotton and recycled
polyester. Further, the Company has also initiated usage of
clean & renewable energy for running all its plants.
Interview 41
Leading SMEs of India 2019
Arun Kumar Patil
Managing Director and Chief Executive Officer
Please provide a brief background about the company.
CADMAXX Solutions is an engineering organization with
ad
“Intelligence by Inheritance” & “Born with Experience”,
having strong knowledge of “What to Do” & “How to Do”
in the engineering community. We have a proven track
record in providing multi-dimensional solutions through
Br
our multiple spectrum of services including – Engineering
Services, Staffing, Training, and New product development
for many OEM’s and Engineering service providers in the
Aerospace, Automotive, and General engineering verticals.
&
CADMAXX has built up a strong team of Technical and
Project Management professionals to take up challenges
of the ever-growing industry requirements in terms
of providing technical solutions, project management
un
solutions and flexible business models in contrast to
conventional practices.
How has Cadmaxx evolved keep in-line with the changing
times of academics, employment and skillsets?
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Based on our competence in comprehensive & flexible
services, we have been awarded as strategic partners for
premium OEM’s like GE, ABB, Bosch, Delphi, Mahindra,
Autoliv, Alstom, Grupo Faurecia, Adient, etc., and service-
based companies like HCL & Tech Mahindra.
We have the credit of having bagged 100 SME Award winner
for the year 2019 and national award for consecutive
2 years (2014 & 2015) from the Government of India in
the services sector. We have become one of the preferred
partners in an automotive embedded domain for some of
42 Interview
Cadmaxx Solutions Private
Limited
et
the top OEM’s and Tier 1’s. In the last 2 years, our staffing
in this segment has reached 200+ headcount. 1,00,000+
man-hours of experience in Data Annotation/Labelling.
re
CADMAXX offers industry-specific skill development
courses in design and analysis of parts or systems of parts
for industries in Automotive/Aerospace/Locomotives/
SPM/Heavy engineering/tooling etc. It also offers domain-
st
specific courses to professionals seeking upskilling through
targeted learning to take up higher responsibilities in an
organization. These programs concentrate more on the
quick adaption of advanced engineering software tools in
the design-to-manufacture environment for better results.
What kind of Solutions and Products do you offer and the
competitive edge that CADMAXX have in the market?
We provide support across the industries on following
mentioned business verticals: Engineering Services;
Training; Staffing - Permanent, Contract, RPO models; New
product Development
Kindly elaborate on the innovation initiatives taken and
the impact that it had on the company.
A new division has been started to contribute to the “Make
in India” Campaign. Around 18 new product development
has been completed inhouse and 10 products have been
supplied to the clients.
• We are one of the preferred partners in the
Automotive Embedded domain for some of the top
OEM’s and Tier 1 companies. In last 2 years, our
staffing in this segment has reached 200+ headcount
and we have 1,00,000+ man-hours of experience in
Data Annotation/Labelling.
• Inhouse software named “Cadmaxx Connect” was
developed which supports onboarding employees,
HR Queries, Supply chain management, and billing. It
has eased the operations with accuracy by avoiding
manual errors.

NeoGrowth Credit
Private Limited
Dhruv Khaitan
Founder and Chairman
Kindly share with us the brief of NeoGrowth’s business.
NeoGrowth Credit Pvt. Ltd is a Systemically Important,
Non-Deposit taking NBFC and a pioneer in SME lending
based on the underwriting of digital payments data.
NeoGrowth provides finance to small business owners to
drive business growth that matches their ambitions. Our
hassle-free loans are powered by technology innovations
ad
and leverage the digital payments ecosystem. We provide
financing to retailers, restaurants, apparel shops, kirana
stores, petrol pumps, groceries, pharmacies and other
MSMEs with flexible repayment options and customized
Br
products addressing multiple business needs.
What has been the success mantra for NeoGrowth?
NeoGrowth has pioneered an innovative lending model
&
in India which operates at the convergence of three
ecosystems - lending, urban retail and digital payments.
Our product design is centred around the business model
of the retailers as card swipes give a good sense of the
un
business potential, seasonality changes and customer
footfalls for underwriting. Another differentiating factor
is that this product has a daily recovery model and is
digitally driven. Essentially, our product design coupled
D
with the ‘tech and touch’ model and customer centric
business philosophy has been our mantra for success over
the years. This has helped us emerge as market leaders
touching customers across all industry segments.
Kindly elaborate on the innovation initiatives and the
impact that it had on the company in the recent years.
NeoGrowth is amongst very few fintech NBFCs to have
objectively measured and presented the direct and indirect
social impact that they have created. It is an undeniable
fact that the traditional underwriting methods in India
Leading SMEs of India 2019
Piyush Khaitan
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Founder and Managing Director
have been excluding more than 50% of SMEs and MSMEs
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that are creditworthy. This is where NeoGrowth steps in
by leveraging digital payments data to underwrite and
provide business loans to the underserved MSMEs. Having
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disbursed over 25,000 loans amounting to more than
INR 4,550 crores (USD 650 million), NeoGrowth has been
funding and enabling merchants to grow and sustain their
businesses while continuing to tread on its initial journey
of achieving inclusive growth.
NeoGrowth continues to drive financial inclusion in
an impactful manner for the sixth year in a row. During
FY19, this impact measurement was conducted for 159
NeoGrowth customers across 7 cities. Few key highlights
from Social Impact Report 2019 are:
• 80% and 35% of NeoGrowth’s customers surveyed are
first generation entrepreneurs and first time borrowers
respectively.
• 12% of disbursals in FY19 were towards businesses
run by women either as sole proprietors, partners or
directors.
• NeoGrowth has indirectly created 2 to 3 new jobs per
MSME customer.
What are your growth plans for the next 3-5 years?
Presently, we operate in 21 cities where we will continue
to deepen our reach and expand in newer Tier-II cities.
At NeoGrowth, we aim to build a billion-dollar balance
sheet in the next 5 years. Our strategy for the next years
is ‘Deeper, Wider, Newer’. With this strategy, we will
continue to deepen our reach in existing cities and product
categories, widen by expanding to newer markets and
focus on leveraging newer technologies like AI, ML and
Deep Analytics with a strong emphasis on new product
innovations and variants.
Interview 43
Leading SMEs of India 2019
Kiran Jadhav
Chairman & MD
Please provide a brief background of the company.
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From its humble beginnings in 1993 engineering control
systems, Accurate today is a Group of five companies,
each with independent vertical. The core of my company
is electronics but today we manufacture Industrial
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Refrigerators, provide innovative customized solutions
to Indian Defense and the Telecom Sector besides doing
Automation Products and manufacturing IoT enabled
Embedded Electronic Products. I am a first-generation
industrialist and did face usual hick-ups in the beginning
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but thanks to my dedicated, hard-working and qualified
team, we have gained a respectful name in the areas we
operate in.
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What has been the success mantra of Accurate?
“Innovation for Progress” has been the mantra of Accurate
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right from its inception. I realized, right at the initial stage
of my career that if we had to survive and grow, new
innovative products were the only option. Today, we have
two well equipped R&D Centers, a well-qualified and
motivated team of development engineers from different
disciplines each willing to think “out of the box”. My team
has several new products to its credit, some of them even
patented.
44 Interview
Accurate Industrial Controls
Private Limited
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Kindly elaborate on the innovation initiatives and the
impact that it had on the company in the recent years.
We spend over 35% of our salary bill towards innovation
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and R&D. My vision is to reverse this and make it 60% in
the coming years. In every aspect of our operations, we
have tried to add value and improvise and innovate. Some
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of our innovations that I am really proud of, are our light
and compact Power Systems for launchers and radars,
centralized ATM Kiosk Monitoring Systems, our Smart
Poles (Telecom Towers), newly developed Intelligent
Vehicle Tracking System, ADAS capable DVRs (Digital
Video Recorders), import substitute products like DC_DC
Converters… Most of our embedded products are IoT
enabled. We are also working towards incorporating AI
into our products.
What are the company’s growth plans for the next 3-5
years?
Our roadmap for the next five years is ready, and we
are diligently working towards it. Besides the current
businesses achieving reasonable growth, I envisage that
our growth will be fueled by the Indian Defense, with
Make in India playing a substantive role, Fuel Cell and
other innovative products in the Embedded Electronics
Domain. We are geared up to take up a large battle tank
refurbishment order and other integrated solutions for the
Indian Defense. Similarly, we are working very aggressively
on increasing our export share from the present 30% to
over 50% of the total revenue. In about 5-6 years, I reckon
that our turnover will get multiplied by 3-4 times.

Gursharan Singh
Chairman and Managing Director
Please provide a brief background of the company.
RACL is an auto component manufacturer listed on Bombay
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Stock Exchange (BSE) supplying Engine, Transmission &
Chassis components to diverse clients across the globe
since 1989. RACL manufactures drive train parts for
motorcycles & scooters, three wheelers, cargo vehicles,
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light and heavy commercial vehicles, tractors, electric cars
& has its presence in industrial sector, as well, for very
critical applications. The company exports its products to
Global Brands like BMW, KTM, Kubota, BRP ROTAX, Piaggio,
Yamaha, General Electric, Schneider Electric and a host of
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other major domestic & overseas clients.
What has been the success mantra of RACL?
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Since its inception RACL always focused on three major
aspects, which are very crucial for a business entity.
First and foremost are the people. We created a team of
workmen, engineers and managers with strong process
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design & manufacturing skills. We created a healthy work
environment & nurtured or a resource in a manner that
the people enjoy working in RACL. Second most important
aspect for a successful venture is the business strategy,
which must be futuristic, flexible & robust enough to
withstand the headwinds of fluctuations, which any of the
business has to face from time to time. RACL had a strong
vision to take care of this aspect by creating a diverse
customer base ranging from two wheelers to Heavy
Commercial vehicles, a 100 CC commuter bike to a 1200
CC Sports Motorcycle, a 150 cc Premium Scooter to a 1500
Leading SMEs of India 2019
RACL Geartech Limited
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CC Snow Scooter, from a 20 HP Tractor to 150 HP Tractor.
Third most important is the technology. No business
can be sustainable, until and unless, there is a thrust on
creating the advanced technology based manufacturing
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capabilities. RACL has created a manufacturing plant,
which can be proudly classified as a technology hub, which
is highly flexible & adaptable to global needs of customers.
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Kindly elaborate on the innovation initiatives and the
impact that it had on the company in the recent years.
RACL had always believed in innovations and applied these
ideas much ahead of the competition. For example, when
whole of Indian Component manufacturers were growing
along with double digit growth of Indian two-wheeler
OEMs, RACL had charted out a plan to focus on European
Two wheeler OEMs, as RACL believed that Indian Two
wheeler industry shall face stagnation sooner or later.
During FY20, the entire industry is witnessing a decline of
sales, in certain cases and segments the decline is over 30
percent, our vision and effective implementation of our
strategies has helped RACL to sustain growth of over 25
percent on YOY basis, even in current financial year, and,
we shall be able to sustain our growth trajectory in coming
years as well.
What are your growth plans for the next 3-5 years?
RACL has set its firm foot forward in E- mobility solutions
and has already tied up firm contracts with leading players
in the field. RACL is in advance stage of discussions with
some of its global customers for forward integration
projects by offering them the complete solutions of
Transmission aggregates, instead of the loose components
or sub-assemblies. Similarly, RACL is in advanced
discussions with Sub- system suppliers for Transmission
and Chassis components for Fuel, Hybrids and Electric cars,
the area, which has huge growth potential in coming years.
Interview 45
Leading SMEs of India 2019
V D Sanghavi
Managing Director
Please provide a brief background of the company.
Aarvi Encon Limited (Aarvi) was founded in year 1987 with
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Head Office in Mumbai as Pvt. Ltd. Company. AARVI is
converted into “Aarvi Encon Limited” with effect from July,
2017 and has presence in all the major locations in India.
Aarvi is ISO 9001: 2015 certified Company with CRISIL SME-
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1 rating for the twelfth consecutive year in a row, from the
year 2008, which indicates ‘Highest Creditworthiness’.
The company is in the business of supplying technical
manpower on contract basis. The company has more
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than 3,500 Technical Staff deputed to more than 145
Companies, major being Reliance, Cairn Energy, HPCL -
Mittal Energy, HPCL, BPCL, Larsen & Toubro and Technip.
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Aarvi offers capable manpower resources for Design,
Inspection, Construction Supervision, and Plant
Commissioning in the field of Oil & Gas, Solar, Cross
Country Pipeline, Oil Terminals, Power and LNG Terminals,
Aarvi helps Business houses to reduce their headaches
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of getting labour license, government compliances,
transport, food, housing of resources and most important
right person for right job..
Aarvi has subsidiary company in the name of ‘Aarvi
Encon (FZE) at Sharjah. The company provides Technical
Manpower to various companies in Middle East.
What has been the success mantra of Aarvi Encon?
For the financial year (2018-19) there has been growth of
19% in sales & 17% in profits as compared to previous year.
46 Interview
Aarvi Encon Limited
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The major reasons for the growth are:
A. Focus on International business.
B. Maintaining high standards of ethical conduct in the
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operations.
C. Strict follow-up of compliances like PF, PT, ESIC and
others.
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D. Experienced 300+ pool of engineers is ready for urgent
Shutdown job of Refineries and Fertilizer plants.
E. Most of the customers are associated with us for
more than 10 years, which speaks about the quality
of services a well as integrity.
Kindly elaborate on the innovation initiatives and the
impact that it had on the company in the recent years.
A. One of the innovative initiatives the company
undertook was to hire retired Mamlatdar and
Tehsildars for ROU work since they are able to get
farmers agree to lay underground pipelines for our
client.
B. Partnered with Saifee Hospital for CSR purpose to
offer free medical services to OPD patients.
C. Implementing AI based recruitment tool which will
help the Company to locate right person for the
assignment in the least time.
D. Planning of training healthcare technicians at Saifee
and sending them to Middle East Clients.
What are the company’s growth plans for the next 3-5
years?
The company is planning to grow in various other verticals
like Power Plants, IT Industries, and Airports. Aarvi has
entered in to agreement with local company Bon-Accord
in Abu Dhabi to provide large number of Technicians to Oil,
Gas and Solar plants. New offices in different states and in
Middle East are being planned.

Manjusha Paithankar
Managing Director
“Imperative Business Ventures Private Limited
(www.Theimperative.in) is on the brink of collaborating
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with leading Indian & International BFSI & Corporate
companies by offering an Innovative Clients Aggregation
and Data Analytics Platform called FinBO+.
FinBo+ is integrated with Artificial Intelligence & Robotic
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Process Automation (RPA) to automate IT processes,
optimize business processes & deliver measurable RoI
in terms of Productivity Increase, Quality Improvement,
Customer Lifecycle Management as well as Workload
Management”.
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Please provide a brief background of IBVPL’s operations.
Imperative Business Ventures Private Limited (IBVPL),
offers Consulting, Technology as well as Outsourcing
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Services such as IT, ITES and Back-Office/Credit Processing
to leading BFSI, NBFC, Hospitality, Telecom & leading
corporates. The company was founded by a team of Women
Entrepreneurs in 2011, with a vision to contribute for
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Women Empowerment, Create Employment Opportunities
for differently abled & Technology Enablement.
As a woman leading the business, kindly take us through
your journey and the motivation to start IBPVL?
My source of inspiration is my family, which has boosted
my confidence to explore, supported totally in terms of
their time & obviously invested initial capital too. With
the help of an ingenious team, Imperative Business
Ventures continued scaling up the ladder with constant
transformation by applying innovative business ideas.
Leading SMEs of India 2019
Imperative Business
Ventures Private Limited
Being Dietician, my dream towards contributing in better
Health of Young India has also encouraged me to venture
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into Foods & Nutraceutical products, convinced me to
launch essential consumer Food Products brand called
Sanman-Division of IBVPL.
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Imperative started with 10 members and has scaled up to
350+ team members & associates, out of which more than
50% of the team members are women. We have 5-Offices
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in Mumbai and extended on-site support for more than 21
Locations. Ours is a 100% Scalable Business Environment
with 80,00,000+ Customer’s data being processed and
moving on, with average 1,00,000+ new customers data
being processed per month. We have Launched AI Enabled
Credit Assessment Software tool called ImperaCAM.
Kindly elaborate on the innovation initiatives and the
impact that it had on the company in the recent years.
Imperative has invested in developing various AI
enabled software solutions, complimented with RPA
which is helpful for the BFSI, Telecom, Hospitality and
leading corporate companies to automate their business
processes and increase the customer satisfaction with
quality services.
ImperaLabs Infotech Pvt Ltd, which is associate company of
IBVPL, serves as R&D unit for Innovation and Automation.
What are your growth plans for the next 3-5 years?
To achieve the target of becoming ` 100 Cr company in
next 3-5 years and offer employment to 500+ Women:
• We are going Global.
• List the Company for IPO.
• Invite VC funding for growth.
Imperative’s expansion plans include making inroads in
diversified verticals like:
• Developing AI enabled BOTs.
• Surveillance Drones.
• Agro-Tourism.
• Foods & Beverages.
• Healthcare Solutions.
Interview 47
Leading SMEs of India 2019
Anand Mahalunkar
Managing Director
Please provide a brief background of the company.
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Sadguru Autocomponents Pvt Ltd, was incorporated in
April 2010 in manufacturing of automobile parts to be
supplied to OEM. Initially the company undertook doing
job work for production of parts through High Pressure
Die Casting. However, due to higher rejection levels from
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the buyer, the company faced huge losses during the first
few years. With this experience, the company consciously
started the production and supply of full finished parts.
Using advanced machining techniques, we managed to
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reduce the rejection and also overcome the competition
in supply of full finished parts. Today company has seven
HPDC machines from 150 tons to 400 tons capacity, 25
CNC, 10 SPM which manufactures and supplies 3.5 lakh
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auto parts & 50 thousand LED Street Light/ Flood Light
fixtures per month to different buyers. We are proud to say
that we have arrested our rejection level to below 2000
ppm in die casting which is a huge achievement. During
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recession, the company diversified partly in to electrical
parts which has helped us to sustain growth despite heavy
drop in sales of automobile sector during the current year.
What has been the success mantra of Sadguru
Autocomponents Pvt Ltd?
Quick and timely decision of change over in business
model and diversification in different fields other than
auto parts has helped to sustain the difficult situation.
48 Interview
Sadguru Autocomponents
Private Limited
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Continuous development, automation in production and
operation to save time and reduce cost besides strong
R&D to venture in to new business opportunities are the
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key factors to reach to a respectable level in a short span
of time. Training & development of staff and workers for
skill upgradation has helped to upgrade ourselves and to
surpass the competition.
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Kindly elaborate on the innovation initiatives and the
impact that it had on the company in the recent years.
While we were in to mass production strategy, we have
used multi cavity dies for cost effective production. The
interchangeability of these dies with other machines has
reduced the break down time and ensured continuous
and uninterrupted production and supply. We also have
developed SPMs to take care of the volume and criticality.
We have trained our manpower to avoid production loss
and maintain production efficiency.
What are the company’s growth plans for the next 3-5
years?
¾¾ Today we are supplying full finished parts ready to use
in assembly - we wish to enter in to semi/full assembly
of parts as per the requirement of the clients.
¾¾ We also wish to launch our own brand in automobile
parts as Sadguru Autoparts as well as in LED Street
Light/ Flood Light as Sadguru Lights.
¾¾ We have plans to come out with single window
solutions of making parts from raw materials to
finished to semi assembly/ sub assembly/ full
assembly.
¾¾ We have expansion plans of increasing die casting &
machinery facilities in auto & electrical parts.
 Leading SMEs of India 2019

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Interview 49
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Interview 51
Leading SMEs of India 2019

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SME BUSINESS
EXCELLENCE
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AWARDS 2019 -
WINNERS
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54 Winners Leading SMEs of India 2019

SME Business Excellence Awards 2019 - Winners

Sectoral Award Category

Sector Category Company Name

SME Mohindra Fasteners Limited
Auto Components
Mid-Corporate Roop Automotives Limited

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SME Elkay Chemicals Private Limited
Chemicals
Mid-Corporate Yasho Industries Limited

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Digital and Fintech Solutions Sterling Software Private Limited

Education & Health Services SME Siro Clinpharm Private Limited

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SME Matrix Comsec Private Limited
Electrical & Electronic Goods
Mid-Corporate Livguard Batteries Private Limited
SME
ad Line O Matic Graphic Industries
Engineering & Machinery
Mid-Corporate CMI FPE Limited
SME Megaa Moda Private Limited
Food Processing & Agro Products
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Mid-Corporate Mukka Sea Food Industries Private Limited

SME QBurst Technologies Private Limited
IT & IT Enabled Services
Mid-Corporate Nucleus Software Exports Limited
SME Indian Herbs Specialities Private Limited
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Pharmaceuticals
Mid-Corporate Meril Life Sciences Private Limited
SME Harmony Plastics Private Limited
Plastic & Plastic Products
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Mid-Corporate Kanpur Plastipack Limited

SME Consulting Engineers Group Limited
Professional & Business Services
Mid-Corporate thyssenkrupp Industrial Solutions (India) Private Limited
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Renewable Energy SME Knowledge Integration Services India Private Limited

SME Jaipur Rugs Company Private Limited
Textiles & Garments
Mid-Corporate Faze Three Limited
SME Sequel Logistics Private Limited
Transportation & Logistics
Mid-Corporate Sarjak Container Lines Private Limited
 Leading SMEs of India 2019 Winners 55

Theme Based Awards

Category Company Name

Best Global Business ValueMomentum Software Services Private Limited

Most Innovative Company Elkay Chemicals Private Limited

Most Socially Responsible Company Sarjak Container Lines Private Limited

Best Employment Initiatives Roop Automotives Limited

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Best Woman Entrepreneur Vanguard Diagnostics Private Limited

Best Green Initiatives WILHELM Textiles India Private Limited

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Make in India Initiative Sintercom India Limited

Tech Company of the Year NeoGrowth Credit Private Limited

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Best Start-up Initiative Epimoney Private Limited
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AWARD WINNERS
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58 Past Award Winners Leading SMEs of India 2019

SME Business Excellence Awards 2018 - Winners

Sectoral Award Category

Sector Category Company Name

SME Indo Schöttle Auto Parts Private Limited

Auto Components

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Mid-Corporate Roop Automotives Limited

SME Acme Chem Limited

Chemicals

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Mid-Corporate Neelikon Food Dyes & Chemicals Limited

Digital Solutions SME CAPIOT Software Private Limited

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SME Alpha Design Technologies Private Limited
Electrical & Electronic Goods
Mid-Corporate SGS Tekniks Manufacturing Private Limited
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SME CDE Asia Limited
Engineering & Machinery
(Excluding auto components)
Mid-Corporate Integrated Cleanroom Technologies Private Limited
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SME Zeon Lifesciences Limited
Food Processing & Agro Products
Mid-Corporate Chimique (India) Limited

SME Silver Touch Technologies Limited

IT & IT Enabled Services
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Mid-Corporate Newgen Software Technologies Limited

Pharmaceuticals SME Sentiss Pharma Private Limited

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SME Consulting Engineers Group Limited

Professional & Business Services
Mid-Corporate Orion Security Solutions Private Limited

Renewable Energy SME Navitas Green Solutions Private Limited

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SME WILHELM Textiles India Private Limited

Textiles & Garments
Mid-Corporate Sarla Performance Fibers Limited

Transportation & Logistics SME Sequel Logistics Private Limited

 Leading SMEs of India 2019 Past Award Winners 59

Theme Based Awards

Category Company Name

Best Global Business Roto Pumps Limited

Most Socially Responsible Company Minda Stoneridge Instruments Limited

Most Innovative Company Ankit Aerospace Private Limited

Best Employment Initiatives Sentiss Pharma Private Limited

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Best Women Empowerment Initiatives Meril Diagnostics Private Limited

Best Green Initiatives SIERRA ODC Private Limited

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Best Woman Entrepreneur Ms. Falguni Nayar (CEO, Nykaa E-Retail Private Limited)

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60 Past Award Winners
SME Business Excellence Awards 2017 - Winners
Sectoral Award Category
Sector
Chemicals & Pharmaceuticals
Digital & Fintech Solutions
Education & Health Services
Electrical & Electronic Goods
Engineering & Machinery
Food Processing & Agro Products
IT & ITeS
Plastic & Plastic Products
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Professional & Business Services
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Renewable Energy
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Textiles
Transport & Logistics
Travel, Tourism & Hospitality
Leading SMEs of India 2019
Category Company Name
SME Faith Industries Limited
Mid-Corporate Aksharchem (India) Limited
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Mid-Corporate UFO Moviez India Limited
SME Hosmac India Private Limited
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Mid-Corporate Eduspark International Private Limited
SME HGS (India) Limited
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Mid-Corporate Cotmac Electronics Private Limited
SME Echaar Equipments Private Limited
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Mid-Corporate Precision Camshafts Limited
SME Maharaja Dehydration Private Limited
Mid-Corporate Arjuna Natural Extracts Limited
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SME Intellect Bizware Services Private Limited
Mid-Corporate Nucleus Software Exports Limited
SME Calco Poly Technik Private Limited
Mid-Corporate Mold-Tek Packaging Limited
SME FTI Food Tech Private Limited
Mid-Corporate Rodic Consultants Private Limited
SME Ankur Scientific Energy Technologies Private Limited
Mid-Corporate Fourth Partner Energy Private Limited
SME Advance Syntex Limited
Mid-Corporate Globe Cotyarn Private Limited
SME Express Global Logistics Private Limited
Mid-Corporate Deugro Projects (India) Private Limited
Mid-Corporate ECOS (I) Mobility & Hospitality Private Limited
 Leading SMEs of India 2019 Past Award Winners 61

Theme Based Awards

Category Company Name

Best Woman Entrepreneur Ms. Neha Kant (Purple Panda Fashions P Limited )

Most Innovative Company E-Zest Solutions Limited

Global Business Aksharchem (India) Limited

Emerging SME Cygni Energy Private Limited

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SME Business Excellence Awards 2016 - Winners

Sectoral Award Category

Sector Category Company Name

SME AMN Life Science Private Limited
Chemicals & Pharmaceuticals
Mid-Corporate Optimus Drugs Private Limited

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SME Marine Hydrocolloids
Food Processing & Agro Products
Mid-Corporate Capricorn Food Products India Limited
SME CORE Energy Systems Pvt. Ltd.

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Engineering & Machinery
Mid-Corporate HD Fire Protect Pvt. Ltd.
SME Ideal Lighting Systems Private Limited

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Electrical & Electronic Goods
Mid-Corporate Cotmac Electronics Pvt Ltd
SME Cadsys (India) Limited
IT & IT Enabled Services
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Mid-Corporate Computer Age Management Services Private Limited (CAMS)
SME Aesthetic living Merchants Pvt Ltd
Textiles & Garments
Mid-Corporate MAF Clothing Private Limited
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SME Fourth Partner Energy Private Limited

Professional & Business Services
Mid-Corporate Kavin Engineering and Services Private Limited
SME Suprabha Protective Products Pvt. Ltd.
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Plastic & Plastic Products

Mid-Corporate Emmbi Industries Limited
SME Express Global Logistics Private Limited
Transportation & Logistics
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Mid-Corporate Sindhu Cargo Services Private Limited

Travel, Tourism & Hospitality Mid-Corporate Olive Bar And Kitchen Private Limited

Theme Based Awards

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Category Company Name

Best Global Business Thermopads Private Limited
Emerging SME Quarterfold Printabilities
Emerging Mid-Corporate Jaipur Rugs Company Private Limited
Best Woman Entrepreneur Ms. Deepa Sayal (ADG Online Solutions Private Limited)
 Leading SMEs of India 2019 Past Award Winners 63

SME Business Excellence Awards 2015 - Winners

Sectoral Award Category

Sector Category Company Name

SME Hexagon Nutrition Private Limited
Chemicals & Pharmaceuticals SME VAV Life Sciences Private Limited
Mid Corporate Swiss Garnier Life Sciences

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SME Arcgate
IT & IT Enabled Services
Mid Corporate Newgen Software Technologies Limited

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SME eTrans Solutions Private Limited
Transportation & Logistics
Mid Corporate Sequel Logistics Private Limited

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Travel, Tourism & Hospitality SME Brigade Hospitality Services Limited
Plastics & Plastics Products SME Captain Polyplast Limited
SME
ad MEGAA MODA Private Limited
Food Processing & Agro Products
Mid Corporate Capricorn Food Products India Limited
SME Encardio-Rite Electronics Private Limited
Electrical & Electronic Goods
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Mid Corporate Dhoot Transmission Private Limited
SME Premier Knits Apparel (India)
Textiles & Garments
Mid Corporate Sarla Performance Fibers Limited
SME Pioneer Coldstore& Cladding Private Limited
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Engineering and Machinery

Mid Corporate Grind Master Machines Private Limited
SME Green Gold Animation Private Limited
Professional & Business Services
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Mid Corporate Ardom Telecom Private Limited

Theme Based Awards

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Category Company Name

Subasree Venkatesan (Founder & MD, Sri Veda EmSys Solutions Private
Woman Entrepreneur (SME) Limited)
Dr. Francin Pinto (MD, 3-S EnvoSolutions)
Woman Entrepreneur (Mid Corporate) ParuJaykrishna (CMD, Asahi Songwon Colors Limited)
Best Global Business TEMA India Limited
Emerging SME Interactive Manpower Solutions Private Limited
MAF Clothing Private Limited
Emerging Mid Corporate
Logicash Solutions Private Limited
64 Past Award Winners Leading SMEs of India 2019

SME Business Excellence Awards 2014 - Winners

Sectoral Award Category

Sector Category Company Name

Ashish Life Science Private Limited
SME
Chemicals and Pharmaceuticals Saga Laboratories
Mid Corporate ADI Finechem Limited

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SME Calzini Fashions Limited
Textiles & Garments
Mid Corporate Paragon Apparel Private Limited

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Skyshade Daylights Private Limited
SME
Engineering & Machinery HD Fire Protect Private Limited

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Mid Corporate Sipra Engineers Private Limited
Electrical & Electronic Goods SME Masibus Automation and Instrumentation Private Limited
SME
ad Chemical Resources
Food Processing & Agro Products
Mid Corporate Sunrise Foods Private Limited
Applied Research International Private Limited
SME
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IT & ITeS Gislen Software Private Limited
Mid Corporate Newgen Software Technologies Limited
Green Gold Animation Private Limited
SME
Professional & Business Services Axiom Consulting Private Limited
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Mid Corporate AARVI Encon Private Limited

SME AV Global Corporation Private Limited
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Transportation & Logistics Sequel Logistics Private Limited

Mid Corporate
Sarjak Container Lines Private Limited
SME Synergy Kitchens and Hospitality Private Limited
Travel, Tourism & Hospitality
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Mid Corporate Ecos (I) Mobility & Hospitality Private Limited

Theme Based Awards

Category Company Name

Entrepreneurial Spirit Award – Woman Entrepreneur Mrs. Paru M Jaykrishna (Aksharchem (India) Limited)
Emerging SME Arcgate
Sarla Performance Fibers Limited
Best Global Business
Rotex Automation Limited
 Leading SMEs of India 2019 Past Award Winners 65

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68 Past Award Winners Leading SMEs of India 2019

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70 Alphabetical Listing Leading SMEs of India 2019

Leading SMEs of India 2019

Sr No Company Name Category Sector

1 A P Securitas Private Limited Mid-Corporate Professional & Business Services
2 A.V. Global Corporation Private Limited SME Transportation & Logistics

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3 Aarvi Encon Limited SME Professional & Business Services
4 AB Carter India Private Limited SME Textiles & Garments

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5 Abhinav Outsourcings Private Limited SME Professional & Business Services
6 Accurate Industrial Controls Private Limited SME Engineering & Machinery
7 Ace Brain Systems & Software Private Limited SME IT & IT Enabled Services

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8 Acrysil Limited SME Others
9 Active Green Window Solutions SME Engineering & Machinery
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10 Adtech Systems Limited SME Renewable Energy
11 Advance Hydrau Tech Private Limited SME Engineering & Machinery
12 AksharChem (India) Limited Mid-Corporate Chemicals
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13 Anugraha Valve Castings Limited SME Engineering & Machinery

14 Arcgate SME IT & IT Enabled Services
15 Aria Aerial Platforms Private Limited SME Professional & Business Services
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16 Arihant Capital Markets Limited SME Others

17 Asahi Songwon Colors Limited Mid-Corporate Chemicals
18 Ashida Electronics Private Limited SME Electrical & Electronic Goods
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19 Astra Concrete Products SME Engineering & Machinery

20 Atlas Life Sciences Private Limited SME Pharmaceuticals
21 Attitude Events Private Limited SME Professional & Business Services
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22 Auto Ignition Limited Mid-Corporate Auto Components

23 Autocal Solutions Private Limited SME Professional & Business Services
24 Avantika Printers Private Limited SME Others
25 BCH Electric Limited Mid-Corporate Electrical & Electronic Goods
26 Bhalaria Metal Craft Private Limited SME Engineering & Machinery
 Leading SMEs of India 2019 Alphabetical Listing 71

Sr No Company Name Category Sector

27 Bharat Parenterals Limited SME Pharmaceuticals
28 Bharat Serums and Vaccines Limited Mid-Corporate Pharmaceuticals
29 Brilliant Polymers Private Limited Mid-Corporate Chemicals
30 Cadmaxx Solutions Private Limited SME Professional & Business Services
31 Capital Numbers Infotech Private Limited SME IT & IT Enabled Services
32 Century Pharmaceuticals Limited SME Pharmaceuticals
33 Chemcon Speciality Chemicals Limited Mid-Corporate Chemicals

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34 CMI FPE Limited Mid-Corporate Engineering & Machinery
35 Consulting Engineers Group Limited SME Professional & Business Services
36 Coreintegra Consulting Services Private Limited SME Professional & Business Services

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37 Creative Components Private Limited SME Auto Components
38 Creative Tools & Components (India) Private Limited SME Engineering & Machinery

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39 Cygnet Infotech Private Limited SME IT & IT Enabled Services
40 Datta Hydro Chem Private Limited SME Chemicals
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41 DEKRA India Private Limited SME Professional & Business Services
42 Dev Information Technology Limited SME IT & IT Enabled Services
43 Divgi TorqTransfer Systems Private Limited SME Auto Components
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44 Echaar Equipments Private Limited SME Engineering & Machinery

45 Ecoline Exim Private Limited SME Textiles & Garments
46 Ecos (I) Mobility & Hospitality Private Limited Mid-Corporate Travel, Tourism & Hospitality
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47 Electronic Automation Private Limited SME Electrical & Electronic Goods

48 Elite IT Services India Private Limited SME IT & IT Enabled Services
49 Elkay Chemicals Private Limited SME Chemicals
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50 Embee Software Private Limited Mid-Corporate IT & IT Enabled Services

51 Encraft India Private Limited SME Plastic & Plastic Products
52 Enrich Energy Private Limited SME Renewable Energy
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53 Epack Durables Solutions Private Limited Mid-Corporate Electrical & Electronic Goods
54 Epimoney Private Limited SME Digital and Fintech Solutions
55 Essar Bulk Terminal Limited Mid-Corporate Transportation & Logistics
56 Essel Business Excellence Services Limited SME Professional & Business Services
57 Essem Srinisons Systems Private Limited SME Auto Components
72 Alphabetical Listing Leading SMEs of India 2019

Sr No Company Name Category Sector

58 Estee Advisors Private Limited SME Professional & Business Services
59 Evolve Brands Private Limited SME Professional & Business Services
60 Faith Industries Limited SME Chemicals
61 FATI General Equipments Private Limited SME Electrical & Electronic Goods
62 Faze Three Limited Mid-Corporate Textiles & Garments
63 FTI Food Tech Private Limited SME Professional & Business Services
64 Galaxy Office Automation Private Limited Mid-Corporate IT & IT Enabled Services

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65 GeBBS Healthcare Solutions Private Limited Mid-Corporate IT & IT Enabled Services
66 Genetix Biotech Asia Private Limited SME Pharmaceuticals
67 Global Castings Private Limited SME Engineering & Machinery

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68 Global Stones Private Limited SME Others
69 Globe Capacitors Limited SME Electrical & Electronic Goods

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70 Globe Cotyarn Private Limited SME Textiles & Garments
71 Gold Star Jewellery Private Limited Mid-Corporate Others
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72 Golden Precision Products Private Limited SME Engineering & Machinery
73 Goldi Solar Private Limited Mid-Corporate Renewable Energy
74 GoodEdge Advisory Private Limited SME Professional & Business Services
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75 Gracure Pharmaceuticals Limited SME Pharmaceuticals

76 Grand Prix Engineering Private Limited SME Engineering & Machinery
77 Grauer & Weil (India) Limited Mid-Corporate Chemicals
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78 GS Caltex India Private Limited Mid-Corporate Others

79 H. K. Jewels Private Limited Mid-Corporate Others
80 H. L. Agro Products Private Limited SME Food Processing & Agro Products
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81 Harmony Plastics Private Limited SME Plastic & Plastic Products

82 HD fire Protect Private Limited SME Engineering & Machinery
83 Hemraj Industries Private Limited Mid-Corporate Food Processing & Agro Products
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84 Hero exports SME Engineering & Machinery

85 Hero Mindmine Institute Private Limited SME Education & Health Services
86 Hosmac India Private Limited SME Professional & Business Services
87 HR Anexi Private Limited SME Professional & Business Services
88 HTL Aircon Private Limited SME Professional & Business Services
 Leading SMEs of India 2019 Alphabetical Listing 73

Sr No Company Name Category Sector

89 HTP Global Technologies Private Limited SME IT & IT Enabled Services
90 HYT Engineering Company Private Limited Mid-Corporate Engineering & Machinery
91 Ice Make Refrigeration Limited SME Engineering & Machinery
92 Ichiban Crop Science Limited SME Chemicals
93 Iclean Hollow Metal Systems Private limited SME Engineering & Machinery
94 Imperative Business Ventures Private Limited SME IT & IT Enabled Services
95 Indian Herbs Specialities Private Limited SME Pharmaceuticals

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96 Indus Net Technologies Private Limited SME IT & IT Enabled Services
97 Industrial Plants & Waste Treatment Corporation SME Engineering & Machinery
98 Inspace Technologies Private Limited SME IT & IT Enabled Services

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99 Insynergy Supply Chain Solutions Private Limited SME Transportation & Logistics
100 Integra Micro Systems Private Limited SME IT & IT Enabled Services

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101 Interactive Bees Private Limited SME Professional & Business Services
102 Interactive Manpower Solutions Private Limited SME IT & IT Enabled Services
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103 Interfab Electronics (India) Private Limited SME Electrical & Electronic Goods
104 InterGlobe Technology Quotient Private Limited Mid-Corporate IT & IT Enabled Services
105 Jabs International Private Limited Mid-Corporate Food Processing & Agro Products
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106 Jai Bharat Gum & Chemicals Limited Mid-Corporate Food Processing & Agro Products
107 Jaipur Rugs Company Private Limited SME Textiles & Garments
108 Jesons Industries Limited Mid-Corporate Chemicals
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109 JNK India Private Limited SME Professional & Business Services
110 JNR Management Resources Private Limited SME Digital and Fintech Solutions
111 Jyoti Threads (India) Limited SME Textiles & Garments
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112 K A Wires Limited SME Others

113 Kalashree Engineering SME Engineering & Machinery
114 Kanchan Vanijya Private Limited SME Others
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115 Kanpur Plastipack Limited Mid-Corporate Plastic & Plastic Products

116 Kariwala Industries Limited SME Textiles & Garments
117 KHS Machinery Private Limited Mid-Corporate Engineering & Machinery
118 KIC Metaliks Limited Mid-Corporate Engineering & Machinery
119 Klaus IT Solutions Private Limited SME IT & IT Enabled Services
74 Alphabetical Listing Leading SMEs of India 2019

Sr No Company Name Category Sector

120 Kloudq Technologies Limited SME IT & IT Enabled Services
121 Knowledge Integration Services India Private Limited SME Renewable Energy
122 Laxmi Agro Industrial Consultants & Exporters Limited Mid-Corporate Chemicals
123 Lemon Technomist Private Limited SME Engineering & Machinery
124 Lincoln Pharmaceuticals Limited Mid-Corporate Pharmaceuticals
125 Line O Matic Graphic Industries SME Engineering & Machinery
126 Litmus Organics Private Limited SME Chemicals

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127 Livguard Batteries Private Limited Mid-Corporate Electrical & Electronic Goods
128 Maan Aluminium Limited Mid-Corporate Engineering & Machinery
129 Machino Plastics Limited Mid-Corporate Auto Components

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130 Madras Fluorine Private Limited SME Chemicals
131 Maksteel Wire Healds Private Limited SME Engineering & Machinery

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132 Malladi Drugs and Pharmaceuticals Limited Mid-Corporate Pharmaceuticals
133 Mallcom India Limited Mid-Corporate Textiles & Garments
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134 Marine Hydrocolloids SME Food Processing & Agro Products
135 Mascot Dynamics Private Limited SME Professional & Business Services
136 Matrix Comsec Private Limited SME Electrical & Electronic Goods
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137 Megaa Moda Private Limited SME Food Processing & Agro Products
138 Meril Healthcare Private Limited SME Pharmaceuticals
139 Meril Life Sciences Private Limited Mid-Corporate Pharmaceuticals
140 Mewar Polytex Limited SME Textiles & Garments
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141 Mohindra Fasteners Limited SME Auto Components

142 MPM Private Limited SME Chemicals
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143 MRL Tyres Limited Mid-Corporate Auto Components

144 Mrs. Bectors Food Specialities Limited Mid-Corporate Food Processing & Agro Products
145 Mukka Sea Food Industries Private Limited Mid-Corporate Food Processing & Agro Products
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146 Murli Krishna Pharma Private Limited SME Pharmaceuticals

147 Neelikon Food Dyes and Chemicals Limited Mid-Corporate Chemicals
148 Neogen Chemicals Limited SME Chemicals
149 NeoGrowth Credit Private Limited Mid-Corporate Digital and Fintech Solutions
150 Newgen Software Technologies Limited Mid-Corporate IT & IT Enabled Services
 Leading SMEs of India 2019 Alphabetical Listing 75

Sr No Company Name Category Sector

151 Newtronic Lifecare Equipment Private Limited SME Engineering & Machinery
152 Nirmal Industrial Controls Private Limited SME Engineering & Machinery
153 Nuberg Engineering Limited Mid-Corporate Engineering & Machinery
154 Nucleus Software Exports Limited Mid-Corporate IT & IT Enabled Services
155 OBEETEE Private Limited Mid-Corporate Textiles & Garments
Omega Healthcare Management Services Private
156 Mid-Corporate IT & IT Enabled Services
Limited
157 OmniActive Health Technologies Limited Mid-Corporate Food Processing & Agro Products

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158 Oneiro Chemicals Private Limited SME Pharmaceuticals
159 OnMobile Global Limited SME IT & IT Enabled Services

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160 Otter Controls India Private Limited SME Electrical & Electronic Goods
161 Parason Machinery (India) Private Limited SME Engineering & Machinery

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162 Parveen Travels Private Limited Mid-Corporate Travel, Tourism & Hospitality
163 PathParter Technology Private Limited SME IT & IT Enabled Services
164 Pearl Global Industries Limited
ad Mid-Corporate Textiles & Garments
165 Percept Devices Marketing Private Limited SME Electrical & Electronic Goods
166 PES Installations Private Limited SME Professional & Business Services
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167 Pitambra Books Private Limited SME Others
168 Plasti Weave Industries LLP SME Plastic & Plastic Products
169 Poddar Global Private Limited Mid-Corporate Others
170 Prasol Chemicals Private Limited Mid-Corporate Chemicals
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171 Profab Engineers Private Limited SME Engineering & Machinery

172 QBurst Technologies Private Limited SME IT & IT Enabled Services
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173 Quality Mint and Allied Chemicals SME Chemicals

174 R.S. Infraprojects Private Limited Mid-Corporate Electrical & Electronic Goods
175 Raajratna Ventures Limited Mid-Corporate Engineering & Machinery
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176 RACL Geartech Limited SME Auto Components

177 Ramani Precision Machines Private Limited SME Engineering & Machinery
178 Ravi Foods Private Limited Mid-Corporate Food Processing & Agro Products
179 Renom Energy Services LLP SME Renewable Energy
180 Resonance Paper Mill Private Limited SME Others
76 Alphabetical Listing Leading SMEs of India 2019

Sr No Company Name Category Sector

181 RiseSmart HR Services Private Limited SME Professional & Business Services
182 Rishabh Software Private Limited SME IT & IT Enabled Services
183 Roop Automotives Limited Mid-Corporate Auto Components
184 Rossari Biotech Limited Mid-Corporate Chemicals
185 Roto Pumps Limited SME Engineering & Machinery
186 S.B. Packagings Private Limited SME Others
187 Sadguru Autocomponents Private Limited SME Auto Components

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188 Sahara Labels Private Limited SME Others
189 SAJ Test Plant Private Limited SME Engineering & Machinery
190 Sanginita Chemicals Limited SME Chemicals

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191 Sarjak Container Lines Private Limited Mid-Corporate Transportation & Logistics
192 SARK EPC Projects Private Limited SME Professional & Business Services

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193 SASMOS HET Technologies Limited SME Engineering & Machinery
194 SBA Info Solutions Private Limited SME IT & IT Enabled Services
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195 Schueco India Private Limited SME Others
196 Sequel Logistics Private Limited SME Transportation & Logistics
197 SG Analytics Private Limited SME Professional & Business Services
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198 Sharma Orthopedic (India) Private Limited SME Engineering & Machinery
199 Sheetal Wireless Technologies Private Limited SME Others
200 Shilpa Medicare Limited Mid-Corporate Pharmaceuticals
201 SIERRA ODC Private Limited SME IT & IT Enabled Services
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202 Simplify360 India Private Limited SME IT & IT Enabled Services

203 Sintercom India Limited SME Auto Components
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204 Siro Clinpharm Private Limited SME Education & Health Services
205 Skyways Air Services Private Limited Mid-Corporate Transportation & Logistics
206 SMI Coated Products Private Limited SME Others
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207 Soft Prodigy System Solutions Private Limited SME IT & IT Enabled Services
208 Softel Solutions Private Limited SME IT & IT Enabled Services
209 Spartan Engineering Industries Private Limited SME Engineering & Machinery
210 SRSG Broadcast (India) Private Limited SME IT & IT Enabled Services
211 SSP Private Limited SME Engineering & Machinery
 Leading SMEs of India 2019 Alphabetical Listing 77

Sr No Company Name Category Sector

212 Stellar Information Technology Private Limited SME IT & IT Enabled Services
213 Sterling Software Private Limited SME Digital and Fintech Solutions
214 Stork Rubber Products Private Limited SME Auto Components
215 Sumika Seals Private Limited SME Engineering & Machinery
216 Sun Polytex Private Limited SME Textiles & Garments
217 Supriya Lifescience Limited Mid-Corporate Pharmaceuticals
218 Swiss Parenterals Limited SME Pharmaceuticals

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219 The Waterbase Limited Mid-Corporate Food Processing & Agro Products
thyssenkrupp Industrial Solutions (India) Private
220 Mid-Corporate Professional & Business Services
Limited

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221 Topsun Energy Limited Micro Renewable Energy
222 Toshniwal Industries Private Limited SME Electrical & Electronic Goods

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223 Transit Electronics Limited SME IT & IT Enabled Services
224 Tripath Logistics Private Limited SME Transportation & Logistics
225 Turbo Cast (India) Private Limited
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226 Uttam Sucrotech International Private Limited Mid-Corporate Engineering & Machinery
227 Valuemomentum Software Services Private Limited SME IT & IT Enabled Services
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228 Vanguard Diagnostics Private Limited SME Others
229 Varsa Plastic Industries Private Limited SME Plastic & Plastic Products
230 Verifacts Services Private Limited SME Professional & Business Services
231 Vertoz Advertising Limited SME Plastic & Plastic Products
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232 Vibfast Pigments Private Limited SME Chemicals

233 Vintech Electronic Systems Private Limited SME IT & IT Enabled Services
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234 Vishal Enterprises SME Professional & Business Services

235 Vritti Solutions Limited SME IT & IT Enabled Services
236 Vupadhi Techno Services Private Limited SME IT & IT Enabled Services
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237 WAE Corp India Private Limited SME Engineering & Machinery
238 Wilhelm Textiles India Private Limited SME Textiles & Garments
239 Yasho Industries Limited Mid-Corporate Chemicals
78 Alphabetical Listing Leading SMEs of India 2019

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PROFILES OF
AWARD WINNERS
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AUTO
COMPONENTS
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Leading SMEs of India 2019
Mohindra Fasteners Limited
304, Gupta Arcade, Inder Enclave, Rohtak Road, New Delhi – 110087
www.mohindra.asia
Sector
Auto Components
Business Excellence Highlights
• Accredited with ISO
9001:2015, ISO 14001:2015,
OHSAS 18001:2007, CQI-9 in
2019 and IATF 16949:2016
certifications
• Received ‘Green’ rating
in Vendor Quality System
Assessment Report
conducted by Maruti Suzuki
India Ltd in March 2018
Roop Automotives Limited
19, ROZ - KA - MEO, Industrial Area, Sohna, Gurgaon - 122103, Haryana
www.roopauto.com
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Sector
Auto Components
Business Excellence Highlights
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• Accredited with ISO 4001
& OHSAS 18001, IATF
16949:2016 certifications
• Leverage ‘global strategic
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supplier’ status with ZF to
scale up business globally
• Commissioned a fully
automated production facility
for gear shafts in April 2019
- capacity to manufacture
520,000 sets p.a.
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Dun & Bradstreet D-U-N-S® No 91-846-4319
fasteners@mohindra.asia 011-46200400
Category Management Details
SME Managing Director & CEO Deepak Arneja
About the Company
Mohindra Fasteners Ltd (MFL) is engaged in the manufacturing of high tensile fasteners and other
machine components. The company specializes in socket products and supplies value added and
quality sensitive parts to customers across the world. The company caters to the automotive and
industrial fasteners needs in India and abroad. It manufactures a wide range of industrial fasteners
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like bolts, studs, screws, nuts and special fasteners amongst others.
Operations
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MFL operates through three integrated plants at Rohtak, Haryana. The company’s wide range
of products are categorized under three industry verticals comprising of Standard / Norm Parts,
Parts by Drawing / Automotive Parts and Stainless Steel Parts. The domestic sales constitute
approximately 40% of the total sales, while exports constitute nearly 60% of the total sales.
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The company’s domestic sales constitute supply of high tensile fasteners to the two-wheeler
manufacturers (direct supplies to Hero MotoCorp Ltd) and to a lot of Tier 1 vendors of Maruti
Suzuki, Hyundai and Tata Motors Ltd. With the help of in-house hot forging, the company caters to
the bigger and odd-size requirements of the customers.
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- 080-46047391
Category Management Details
Mid-Corporate Managing Director Mohit Oswal
About the Company
Roop Automotives Ltd (Roop Auto), incorporated in 1991-1992, is an OEM supplier of auto
components such as steering yokes, automotive connecting rods, automotive housing, differential
housings, connecting rods, proportionating valves, special bolts, engine connecting rods,
automobile housing, PTO and gears among others. The company is a major supplier to all OEMs in
steering system and has a strong presence in tier-II segment of the industry.
Operations
The product range of Roop Auto includes Steering Column Yokes, Steering Column Sub-Assemblies
(Automotive), Commercial Steering Systems, Differential Cases and Gearbox Housings, Precision
Turned and Machined Parts and PTO Adaptors and Sleeves. The company has designed and
developed various innovative products such as DCCV Housing with single welding, replacing two-
piece design; shaft with blue coating for adjustable (tilt & telescopic) steering column; cross with
nylon nuggets; metal clip with GeoMat coating for collapsible steering column and nylon molding
on steering shafts among others. In its constant effort to export to new geographical locations,
Roop Auto has been successful in entering Poland, Czech Republic in Europe, Brazil in South
America and the most recent, China in Asia. All these customers are OEM based and with the
addition of these, the company exports to all continents of the world.
 Leading SMEs of India 2019

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CHEMICALS
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Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 91-799-6175

Elkay Chemicals Private Limited

About the company
Elkay Chemicals Pvt Ltd (Elkay Chemicals) is engaged in the manufacturing of silicone-based specialty
chemicals & formulations. These specialty and performance chemicals are used as additives to
enhance final product performance in diversified industrial segments. Elkay Chemicals caters to
segments namely, agriculture adjuvants, water repellent construction products, petrochemical
additives, rubber/tire mold release, textile finishing, pharmaceutical intermediates, medicament
lubricants, personal care additives and chemical process additives (antifoams).

Ravindra Kulkarni
Managing Director
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Operations
Elkay Chemicals is headquartered in Pune and has two plants located in Bhosari, Pune and Lote,
Chiplun in Maharashtra. The company provides 80 high performance products and is a major
exporter of silicone products & solutions. Elkay Chemicals has a capacity of more than 4000

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MT/year of specialty silicone fluid and more than 1500 MT/year of specialty emulsions and
Sector formulations. The company has a branch office in Illinois, USA. Silicone International Products,
engaged in manufacturing monomers, is the subsidiary of Elkay Chemicals.
Chemicals

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Category Elkay Chemicals began its exports business in the year 1999 and presently exports half of its annual
output. The company’s silicone fluids and variety of silicone products have been recognized in the
SME
global markets. The number of export customers of the company have increased by 150% over
Management Details a period of three years. Most product lines of the company recorded a substantial increase in
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Managing Director exports with the exception of textile finishing agents.
Ravindra Kulkarni
Executive Director The clientele of the company includes Bharat Petroleum, Biltech Building Elements, Bridgestone,
A K Lokapur Cipla, IOCL, Mankind Pharma, Sun Pharma, Piramal, Pidilite, Wallace Pharmaceuticals among
Director others. Elkay Chemicals is accredited with ISO 9001: 2015 certification, REACH Registered and
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Alka Kulkarni state approved FDA facility.
Contact Details
Innovation Details
J block, 152/153, MIDC,
Elkay Chemicals’ corporate growth strategy focuses on identification of import substitute molecules
Bhosari, Pune - 411026,
or product formulation, execution of development study, creation of prototype product, molecule,
Maharashtra
field testing of the product, scale-up and commercialization of the product. The company’s
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Website: www.elkaysilicones.com
technical capabilities include polymerization, equilibration, filtration, distillation, emulsification,
Email: marketing@elkaysilicones.co.in
solvent extraction, hydrosilylation and evaporation.
Key Business Highlights
• In FY19, created green field Some of the innovation highlights include:
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manufacturing facility at
Lote, in Ratnagiri district,
Maharashtra which doubled
plant capacity & reduced field
rejection value to 0.1% from
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• Identification of silicone hydrophilic softener that would not only improve softness and
bounce of fabric and garments but also absorb water. This state-of- the-art molecule is
expected to change the feel of the garments and offer comfort to humans.
• Identification of Silicone Demulsifies molecule that would help reduce water content in
crude oil as it is extracted from the field

0.3%
• Introduced eight products in
Indian & global markets
• Added 45 new customers
including 25 in export
segments
• Supports 70% product
requirement of silicone based
sulphur release agent in India
• Received Company of the
Year 2018 – Silicones award
by Zee Business
• Undertook process innovation such as batch time process improvements by introducing
new machinery like glass line reactors and fume silica charging device, silicone hydrosilation
technology and silicone resin technology
• In 2019, under the green building norms for rain water harvesting, the company was able to
collect water at the rate of 10 lit/min in moderate rain through a cost-effective technique
Some of the patents awarded to Elkay Chemicals are as follows:
• Process for conversion of Silicone intermediate streams to high grade Silicone monomers
• Unique method of Silicone emulsion stabilization for longer life
• Silicone resin for concrete water repellence and water control
• Hydrophilic softeners for state-of-the-art towel surface treatment for luxurious feel

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Yasho Industries Limited
101/102, Peninsula Heights, CD Barfiwala Marg, Juhu Lane, Andheri West, Mumbai - 400058, Maharashtra
www.yashoindustries.com
Sector
Chemicals
Business Excellence Highlights
• The company recorded
strong operating
performance on back of
better capacity utilization at
its plants.
• The company added 2,500
MT of capacity taking it total
manufacturing capacity to
8,000 MT.
• Yasho added new high value,
low volume products in the
aroma range as well as value-
added products in the lube
and specialty segment.
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Dun & Bradstreet D-U-N-S® No 91-888-1421
info@yashoindustries.com 022-62510100
Category Management Details
Mid-Corporate Managing Director Parag Jhaveri
About the Company
Yasho Industries commenced operations in 1993 for Specialty Chemicals. Since then it has
expanded it’s business footprint and geographic reach systematically to enhance it’s existing
operations.
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Operations
The company is engaged in the manufacturring of various re-engineered chemicals, including –
• Aroma Range Chemicals: Various chemicals like essential oils and aromatic chemicals
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catering to various flavours, fragrances and pharmaceutical segments.
• Food Antioxidants Range Chemicals: Products are used in oil and fats, confectionary, animal
feed and neuraceuticals.
• Lube Range and Rubber Range Chemicals: Additives like aminic antioxidants, molybdemum
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based extreme pressure and anti-wear additives and corrosion inhibitors required by the
petroleum and synthetic lubricants industry. The company also caters to leading processors
of rubber in the auto ancillary, tyre industry, construction, thermal insulation, latex like
gloves, balloons and white goods sectors.
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• Specialty Range Chemicals: Various specialty chemicals used in different segments of
industry such as electroplating chemicals, intermediates for API/Bulk drugs, stabilizer for
resins, polyol for thermoplastics, urethanes, printing inks etc
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DIGITAL AND
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FINTECH
SOLUTIONS
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Leading SMEs of India 2019
Sterling Software Private Limited
F-79 A, Phase II, Spencer Plaza, # 769, Anna Salai, Chennai - 600022, TN
www.sterlingsoftware.global
Sector
Digital and Fintech Solutions
Business Excellence Highlights
• The company developed
myCAMS mobile app
developed and was the
winner of the best financial
application at the Global
Mobile App Summit &
Awards 2015.
• The company’s Investrak,
the flagship platform,
conducts critical mutual fund
processes and services more
than 60% of the assets of the
Indian Mutual Fund industry.
• The company is an Oracle
Gold Partner.
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- 044-42002000
Category Management Details
-            CEO Suresh Kuppuswamy
About the Company
Sterling Software Pvt Ltd (Sterling Software) is a global technology solutions and services enterprise
offering solutions to the BFSI industry with special focus on capital markets. The company has
a suite of products spanning across customer support, Business Intelligence, risk management,
compliance and sales support catering to the E2E of the Indian Mutual Fund industry for more
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than two decades.
Operations
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The main products of Sterling Software are InvesTrak, InvesCorp, myCAMS, mf360, CAMSRep,
NSE NMF II among others. The technology of the company spans across UI/UX design, Web
Development, Mobility, BI & ETL, Automation and other end-user services. The clientele of Sterling
Software includes Computer Age Management Services (CAMS - India’s mutual fund transfer
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agency), CAMSRep (an Insurance Repository Service from CAMS), ICICI Prudential Mutual Fund,
HDFC Mutual Fund, DSP BlackRock Mutual Fund, SBI Mutual Fund, J.P.Morgan Asset Management,
L&T Mutual Fund, Birla Sun life Mutual Fund, TATA Mutual Fund, IDFC Mutual Fund among others.
In 2017, the company expanded and opened a new office in Frankfurt, Germany. The operations in
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EDUCATION &
HEALTH SERVICES
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Leading SMEs of India 2019
SIRO Clinpharm Private Limited
1st Floor, Plot No. D-3, Road No. 16, Wagle Industrial Estate, Thane (West) - 400604, Maharashtra
www.siroclinpharm.com
Sector
Education & Health Services
Business Excellence Highlights
• Experience of assisting
more than 90 clients under
regulatory liaison
• Executed more than 200
clinical operation studies
across various geographies
• Named Indian Clinical
Research Organisation of
the Year for two consecutive
years by Frost and Sullivan
• Recognised by CMO Asia as
the Best Clinical Research
Organisation in lndia
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bd@siroclinpharm.com 022-61088000
Category Management Details
SME Chairman Gautam Daftary
About the Company
SIRO Clinpharm Pvt Ltd (SIRO) is a clinical research organization supporting trials from phase II to
phase IV as well as beyond post-launch of products. The company offers a range of services namely,
clinical operations, data services, data analytics, medical writing in compliance with international
standards, clinical trial supplies management, biostatistics clinical quality assurance & compliance
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auditing, regulatory liaison & consulting and medical communication.
Operations
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SIRO has a global delivery centre in Thane, Maharashtra with a seasoned team of more than
200 professionals with science and medical backgrounds. Apart from Maharashtra, the company
has operations in Hyderabad (Telangana) and Princeton, New Jersey (USA). SIRO has almost two
decades of industry experience in the pharmaceutical, FMCG and medical device industries. The
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company operates using different business models like full time equivalent, full service provider
and individual project outsourcing models. Under clinical trial supplies management, SIRO has
over 20 global pharmaceutical clients with more than 400 projects successfully executed. Medical
writing accounts for approximately more than 50% of the company’s total turnover. SIRO is one
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equipped for medico marketing and scientific writing communication.
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ELECTRICAL &
ELECTRONIC GOODS
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Matrix Comsec Private Limited
394 GIDC, Makarpura, Vadodara - 390010, Gujarat
www.MatrixComsec.com
Sector
Electrical & Electronic Goods
Business Excellence Highlights
• During FY19, Matrix IP
cameras superseded all
other products with its latest
technologies.
• The company recently
launched professional series
of IP Cameras equipped with
the latest technologies such
as H.265, adaptive streaming,
smart streaming and various
intelligent video analytics.
Livguard Batteries Private Limited
Plot No. 221, Phase-I, Udyog Vihar, Gurgaon – 122016, Haryana
www.livguard.com
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Sector
Electrical & Electronic Goods
Business Excellence Highlights
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• Over 380 trained service
engineers
• On site service facility for
solar panels, UPS, PCS, SCC &
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SMU (customer end) and for
battery (CSC location)
• Pan-India service locations
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Support@MatrixComSec.com 0265- 6137222
Category Management Details
SME Managing Director Ganesh Jivani
About the Company
Matrix Comsec Pvt Ltd (Matrix), established in 1991, engages in the manufacturing of innovative
telecom and security solutions. It is among the few Indian companies that indigenously designs
and manufactures security as well as telecom products. The company follows a channel partner
model and has a strong global presence, catering to diverse sectors like manufacturing, retail,
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services, BIFS, hospitality, health, education, defense, ports and government. Its products are sold
under the brand name, MATRIX through a global network of 2,500  system integrators and channel
partners. Matrix has designed 50 different products, catering to over 1 mn customers across 50
countries including USA, Canada, Germany, Italy, Portugal, Spain, Australia, Thailand, Vietnam,
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Philippines, UAE, Saudi Arabia and South Africa.
Operations
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Matrix operates a manufacturing unit and two research and development centres at Vadodara,
Gujarat. The company designs all of its products indigenously and has dedicated nearly 30% of
its human resources for new product development. Products launched by the company include
Video Surveillance Systems - Video Management System, Network Video Recorder and IP Camera,
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Access Control and Time-Attendance Systems as well as Telecom Solutions such as Unified
Communications, IP-PBX, Universal Gateways, VoIP and GSM Gateways and Communication
Endpoints.
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marketing@livguard.com 0124-4987400
Category Management Details
Mid-Corporate Chairman Navneet Kapoor
About the Company
Livguard Batteries Pvt Ltd (LBPL), incorporated in 2012, is a leading player in the energy solution
space in India. The company, which is part of the SAR Group, manufactures automotive batteries,
inverters and inverter batteries, stabilizers, residential solar solutions for domestic as well as
overseas markets. SAR Group was founded in 1988 by the first generation entrepreneur, Mr.
Rakesh Malhotra. The Group started its business with the flagship company, Luminous Power
Technologies Pvt. Ltd.
Operations
LBPL has four manufacturing units, three located in Himachal Pradesh and one in Haryana. The
company’s products are sold under the brand name LIVGUARD and LIVFAST. LBPL is operational
in India, Nepal, Sri Lanka, Saudi Arabia, Yemen, Bahrain, Kuwait, Qatar, Oman, UAE, Afghanistan,
Kenya, Tanzania, Uganda and Zambia. In Feb 2019, the company received approval from the
Govt. of Himachal Pradesh for the proposed expansion of its plant at Una for manufacturing of
electric vehicles covering electric bikes electric rickshaw and pickup trucks, voltage stabilizers
and transformers, inverter/ UPS, lead acid batteries etc. as well as other plant at Solan for
manufacturing batteries plates and lead acid batteries.
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ENGINEERING &
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Leading SMEs of India 2019
Line O Matic Graphic Industries
D / 62, Diamond Park, G.I.D.C. Naroda, Opp. Toyota Showroom, N.H. No. - 8, Naroda, Ahmedabad – 382330, Gujarat
www.lineomatic.com
Sector
Engineering & Machinery
Business Excellence Highlights
• The company has been able
to increase the speed of
exercise book machine from
200 to 500 mt/min; increase
stroke/cycle of exercise
book machine from 20 cycle
to 80 cycle; and increase
production capacity of
exercise book machine from
7 tons to 22 tons per day.
• It is developing the new
range of machines like fully
automatic book production
line, A4 copier digital cut size
sheeter and fully automatic
exercise book.
CMI FPE Limited
Mehta House, 64, Road no.13, MIDC, Andheri (E), Mumbai – 400093, Maharashtra
www.cmifpe.com
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Sector
Engineering & Machinery
Business Excellence Highlights
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• The company achieved a
healthy revenue growth
of 60% and profit growth
of 400% in FY19 on back
of increased focus on the
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overseas market
• The company’s exports
to Spain and Bangladesh
increased from ` 60 mn and
` 90 mn respectively in FY18
to ` 1.5 bn and ` 1.46 bn
respectively in FY19.
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marketing@lineomatic.com 079-22816601
Category Management Details
SME Proprietor Udaykumar Patel
About the Company
Line O Matic Graphic Industries, established in 1997, is one of the world’s leading machinery
manufacturers for the exercise notebook and paper converting industry. The company
manufactures fully-automatic exercise book making machines, reel-to-sheet ruling/ flexo printing
machines, cut size sheeters, folio size sheeters, automatic counting and folding machines, taping
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machines, central thread sewing cum folding machines and pasting machines, etc. The company
has a workforce of over 200 professionals and 350 skilled workers.
Operations
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Line O Matic operates a production facility in Ahmedabad, Gujarat, sprawling an area of over
200,000 sq. ft. It also has two tool room facilities with installation of USA, Japan, Korea & Taiwan
made CNC Turning Centers as well as horizontal and vertical machining centers. Additionally, it has
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established an in-house fabrication unit with installation of press brake, power sheering machine
and turret punch machine for all fabrication items. In the field of green energy, the company has
set up 100 KW and 82 KW solar power plants on roof tops of its manufacturing unit for generation
of solar power. The company also operates a research and development division backed with a
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team skilled design and development engineers. Line O Matic products are ISO 9001: 2015 and ISO
45001: 2018 (OHSAS) certified, and also CE marked by TUV Rheinland.
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sales@cmifpe.com 022-66762727
Category Management Details
Mid-Corporate Managing Director Raman Madhok
About the Company
CMI FPE Ltd (formerly Flat Product Equipments (India) Ltd) was incorporated in 1986. The company
engages in the business of customized design, engineering and installation and manufacturing
components of cold rolling mill complexes, processing lines, chemical equipment, industrial
furnaces and auxiliary equipment for the world-wide steel industry. In addition to designing
equipment, CMI FPE also offers customer support programs to assist in the start-up of the new
unit, including complete and flexible customized training sessions, operations and maintenance of
equipment as well as erection and commissioning. The company has global footprint across Asia,
Africa, Middle East, Europe, North America, and South America.
Operations
The company has two manufacturing units on the outskirts of Mumbai. These workshops are well-
equipped with modern tools, machinery and assembly activities that conform to international
quality and safety standards. The organization has carved a unique niche for itself owing to
its comprehensive design and engineering solutions. Using cutting edge CAD/CAM software
developed in close collaboration with its customers and engineers, every requirement can be
specifically customized. The company is ISO 9001:2015 certified and is a preferred partner to
supply innovative solutions for clean, reliable and efficient equipment worldwide.
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FOOD PROCESSING
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Leading SMEs of India 2019
Megaa Moda Private Limited
33A, Jawaharlal Nehru Rd, Park Street area, Kolkata - 700071, WB
www.megga.in
Sector
Food Processing & Agro Products
Business Excellence Highlights
• Established its third cold
store and installed a cooking
line.
• Reported export sales of
` 1.74 bn in FY19 as against
` 1.14 bn in FY18, with key
export destinations being
Vietnam, Netherlands, Japan,
Korea and UAE.
• Poised to do backward
integration into farm-level
sponsorship and fish feed
farming, and to enter the
domestic market in next 12-
18 months.
Mukka Seafoods Industries Private Limited
1st Cross, NG Road Attavara, Mangaluru - 575001, Karnataka
www.mukkaseafoods.com
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Sector
Food Processing & Agro Products
Business Excellence Highlights
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• Mukka Seafood Industries
is one of the world’s largest
exporters of fishmeal and
fish oil.
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• The quality of raw materials
used, assemblies, products,
services related to
production, management
and inspection are at par
with the best industrial
standards.
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mgr.corp@megaa.in 033-40219200
Category Management Details
SME Director Yogesh Gupta
About the Company
Megaa Moda Pvt Ltd., established in 2009, engages in the processing, packaging and export of
seafood products (primarily shrimps). The company procures, processes, packs and exports various
frozen shrimps like vannamei, black tiger, white, pink shrimp, scampi and sea caught shrimps,
under the brand name, Megaa and Megaa Delight.
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Operations
Megaa Moda operates a plant at Howrah, West Bengal and a full-fledged approved laboratory. It also
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owns three separate cold stores with a total capacity of 1600 MT. The company has implemented
sensitivity metal detectors, mechanized packing machines and in-house logistic support. Megaa
Moda adheres to complete cold chain, from procuring raw materials through refrigerated vans,
processing in desired temperatures to storing products in cold stores and making final shipments
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in refrigerated trucks to boost shelf-life of its products. It has installed IQF freezer from Sweden
with capacity of 925 kg/hour. The company is a two star export house, and is also registered with
the Marine Products Export Development Authority (MPEDA) and Export Inspection Agency (EIA)
and Food Safety Standard Authority of India (FSSAI). The company is ISO 9001:2015 certified and
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has been awarded with AEO-Tier II certification by Indian Customs.
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info@mukkaseafoods.com 0824-2442889
Category Management Details
Mid-Corporate Managing Director K. Mohammad Haris
About the Company:
Mukka Seafoods Industries Pvt Ltd, established in 2003, is a leading manufacturer and exporter
of fishmeal and fish-oil, catering to clients across the Middle East, Far East, Asian countries and
European countries. The company also manufactures high-quality fishmeal and Omega-3 fish-oil,
which is used in aqua feed, poultry feed, EPA-DHA extraction, soap manufacture, leather tanneries
and paint industries across the globe.
Operations
The company operates factories in Mangalore, Kerala, Tamil Nadu, Gujarat and overseas in UAE and
Oman. Tapping modern technological aids, the company manufactures steam sterilized fishmeal
and fish oil in its fully mechanized plant situated on the coastal belts of Mangalore. Production is
monitored at every stage by a team of quality managers to maintain superior quality while the
technology employed is designed and fine tuned to meet the challenges of competitive markets.
The company is a two star export house with HACCP, GMP, Halal certification from the respective
authorities. It is also a member of the IFFO Marine Ingredients Organization and holds a registered
license of export from the People’s Republic of China. The company is ISO 9001:2015 and ISO
22000: 2005 certified.
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IT & IT ENABLED
SERVICES
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QBurst Technologies Private Limited
7th Floor, Ganga Building, Phase 3 Campus, Technopark, Trivandrum, Kerala
www.qburst.com
Sector
IT & IT Enabled Services
Business Excellence Highlights
• QBurst is an Amazon
Consulting partner, Microsoft
Certified Gold partner,
Salesforce Consulting and
implementation partner,
Oracle Gold Partner, and an
Adobe Enterprise Solution
Partner.
• It was featured in the 2018
Financial Times 1000 list of
high-growth companies in
Asia Pacific.
• It was listed in the Deloitte
Technology Fast 500 Asia
Pacific 2012, 2013, 2014,
2015, 2016 rankings.
Nucleus Software Exports Limited
A-39, Sector 62, Noida - 201307, UP
www.nucluessoftware.com
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IT & IT Enabled Services
Business Excellence Highlights
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• Launched a sourcing channel
application, ‘mFin’, offering
specialized solution for
microfinance loan application
processing.
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• Launched FinnAxia 6.0
with advanced supply
chain finance and trade
finance solution. PaySeTM
payment solutions have
also been expanded in both
functionality and reach.
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mathen@qburst.com 9885300530
Category Management Details
SME Chief Executive Officer Prathapan Sethu
About the Company
QBurst Technologies Pvt. Ltd. (QBurst) is a global product development and consulting company
with a focus on new-generation technology platforms. It provides complete digital solution to
its clients and the company’s service offerings include Analytics, DevOps, Cloud, Web, Mobile,
Blockchain, Al and user Experience Design. The company focuses on healthcare, retail, education,
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hospitality and banking and the markets are spread across US, EU, MENA, and Asia PAC.
Operations
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QBurst manages multiple projects around eCommerce, mobile and web technologies with
support from multiple development centre across India. The company has been a research
and development partner for one of the world’s largest clothing retail brand; research and
development partner for a globally respected German luxury automobile brand; development
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partner for United Nations specialized agencies and programs and product development partner
for startups and young businesses across the world. SeeMyMachines, a cross-industry IoT
platform of QBurst that automates processes such as asset management, condition monitoring
and maintenance management, with integrated capabilities for inspection management and RTLS
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(Real-time Location System); was deployed at a leading hospital in South lndia. The loT solution
tracks specimen movement between transit points to ensure transparency and accountability.
This was a first of a kind deployment at a hospital in Kerala.
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sales@nucleussoftware.com 0120-4031400
Category Management Details
Mid-Corporate MD & promoter Vishnu Dusad
About the Company
Nucleus Software Exports Ltd, established in 1989, provides lending and transaction banking
software solutions to the global financial services industry. The company’s portfolio of services
comprises of project management, consulting, training, testing and support. It serves over 150
customers across 50 countries, supporting retail banking, corporate banking, cash management,
internet banking, automotive finance and other business areas.
Operations
Nucleus Software Exports Ltd has experience in virtually every installation scenario, including
green-field installations, migrating from legacy solutions as well as co-existence with solutions
already in place. The company has established a dedicated R&D team, which helps in building new
innovative capabilities. It has two flagship products namely FinnOneTM, ten-time winner of the
world’s “Best Selling Lending Solution” and FinnAxiaTM, an integrated global transaction banking
solution. PaySeTM is the world’s first offline digital cash solution innovated by the company while
Finnone Neo is the next-generation lending solution built on advanced technology platform to
digitize the complete loan lifecycle, end to end across retail, corporate and Islamic sectors. The
company releases new version of its products with enhanced features every six months, and
retains a key focus on applying new technologies to deliver value to its customers.
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PHARMACEUTICALS
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Leading SMEs of India 2019
Indian Herbs Specialities Private Limited
M. No. 1/4669, Sharda Nagar, Saharanpur - 247001, UP
www.indianherbs.org
Sector
Pharmaceuticals
Business Excellence Highlights
• Recipient of many US and
international patents for
innovative research on
selected herbs and herbal
formulations
• Received many national
and international awards &
recognitions for innovation,
creativity & outstanding
achievements
• Received the State Export
Award (First Prize) for the
years 2018-19, 2016-17,
2008-09, 2004-05 and 1995-
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Meril Life Sciences Private Limited
M1-M2, Meril Park, Survey No. 135/139, Muktanand Marg, Chala, Vapi - 396001, Gujarat
www.merillife.com
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Sector
Pharmaceuticals
Business Excellence Highlights
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• Introduced the first ever
indigenously designed and
manufactured Transcatheter
Aortic Heart Valve (TAVR) –
Myval
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• Introduced MeRes100 –
Sirolimus Eluting BRS, an
innovative product to meet
the clinical needs
• Received the India Cardiac
Stents Provider Company of
the year award in 2016
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export@indianherbs.org 0132-2615010
Category Management Details
SME Chairman Sushil Kumar Agrawal
About the Company
Indian Herbs Specialities Pvt. Ltd. (Indian Herbs), established in 1951, is engaged in research
and manufacturing of herbal animal health care products (awarded by Det Norse Veritas, The
Netherlands). The company has developed unique range of products for ruminants, poultry,
canine, equine, swine and aqua species; standardized patented herbal extracts among others.
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Indian Herbs is accredited with ISO 9001:2015 and GMP certifications.
Operations
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Indian Herbs has established marketing & distribution arrangement in 50 countries including ECC,
South & North American, African and Asian countries. Indian Herbs has developed safer and better
alternatives from natural herbs in lieu of certain limitations of synthetic vitamins, amino-acids,
anti-biotics and anti-bacterials. The Microbiology Department of Indian Herbs is specialized to
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conduct microbiological quality control and antimicrobial screening of herbs/raw materials as well
as herbal finished products. The Phytochemistry Division develops commercially viable processes
for the optimum extraction of medicinal plants where active constituents/markers are known.
The company has received 22 patents in USA and Europe. The modern R&D centre of Indian
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Herbs is equipped with the state-of-art-facilities such as HPLC, HPTLC, AAS, GC-MS/MS, UV-VIS
Spectrophotometer among others. The company is a two-star export house status holder and has
been approved by the Export Inspection Council, Ministry of Commerce and Industry, GoI.
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askinfo@merillife.com 0260-3052100
Category Management Details
Mid-Corporate Director Utpalkumar D Thakor
About the Company
Meril Life Sciences Pvt Ltd (Meril Life) is engaged in the business of manufacturing and selling
of coronary stents and balloons, peripheral stents and balloons, heart valves, ENT products and
accessories. The company is owned by large Indian business family – The Bilakhia Group. The
business spans across four broad operational canvases ranging from vascular interventional
devices, orthopedics, in-vitro diagnostics and endo-surgical involving more than 100 different
products and technologies.
Operations
Meril Life Sciences draws more than 50% of its revenues from international operations. The
company has expanded its presence across 145 countries with more than 100 innovative products.
The company has 54 national and international clinical trials involving more than 14,000 patients
across the world. Meril Life Sciences presented the results of 14 studies at the June 2019 EuroPCR
conference in Paris. The company also showcased its VR technology for case-based training on
cardiac procedures, exhibiting a brand new dedicated training village with 13 hands-on simulator
activities for its latest innovations and 12 master class sessions on coronary, peripheral and
structural heart technologies. The state-of art facility at Vapi is established on CGMP guidelines
and adheres to the ISO 13485:2003 quality standards. The company has been dedicated to the
technologies from DES, BRS, TAVR, DEB among others.
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PLASTIC & PLASTIC

PRODUCTS
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Leading SMEs of India 2019
Harmony Plastics Private Limited
207-A, Road No.11, Mewar Industrial Area, Madri, Udaipur -313003, Rajasthan
www.harmonyplastics.com
Sector
Plastic & Plastic Products
Business Excellence Highlights
• Accredited with ISO
9001:2015 certification
• Received the Rajasthan State
Award for Export Excellence
in recognition for best
performance in category of
Chemicals in 2010-11
Kanpur Plastipack Limited
D19-20, Panki Industrial Area, P.O. Udyog Nagar, Kanpur – 208022, UP
www.kanplas.com
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Sector
Plastic & Plastic Products
Business Excellence Highlights
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• Received certifications - ISO
9001:2015 from BSCIC, ISO
22000:2005 from BSI, BRC
Certification as per Global
Standard for Packaging
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and Packaging Material
from Intertek, HACCP
Certification from BSI (Food
Grade certification), and AIB
International Certification
• Used technologies such as
Beta Gauge to maintain
quality of tape, use of
ultrasonic cutting devices on
looms and use of an efficient
fabric cutting machine
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contact@harmonyplastics.com 9414165509
Category Management Details
SME Director Sandeep Bapna
About the Company
Harmony Plastics Pvt Ltd (Harmony Plastics) is engaged in the manufacturing of coated/uncoated
PP/HPDE fabric, non-woven fabrics and articles of non-woven fabrics. The company is a joint
venture company with US based company Alpha Protech Engineered Products Inc. The company is
a 100% EOU having four different manufacturing units situated across Udaipur and Gujarat.
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Operations
Harmony Plastics is one of the companies under Mewar Group. The company’s first unit commenced
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in the year 2005 with a capability to manufacture woven/non-woven fabric and wearable shoes
covers, garments among others. Further, three manufacturing units were established producing
quality premium technical textiles for construction and building industry. Harmony Plastics
has five associate companies, out of which two are joint ventures with foreign collaborations,
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manufacturing a range of products such as PP/HDPE industrial fabrics, FIBC bags, geo textiles and
other allied activities. The company has an international presence in the USA in Cleveland, Ohio.
The company is a part of Hastimal Bafna Charitable Trust, an Udaipur Trust focused on public
welfare activities as well as part of Swami Vivekanand Seva Nyas, an Udaipur based trust involved
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in providing free education coaching to destitute students.
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Category Management Details
Mid-Corporate Chairman Emeritus  Mahesh Swarup Agarwal
About the Company
Kanpur Plastipack Ltd (KPL) is engaged in the manufacturing of Flexible Intermediate Bulk Containers
or FIBC, also known as bulk bags, big bags, jumbo bags for industrial and bulk transportation of
cement, food grains, chemicals, fertilizers, pharmaceuticals and such material. The company offers
a comprehensive range of bulk packaging products such as FIBCs, PP and HDPE woven Fabric, PP
and HDPE woven sacks and Box Bags, FIBC Accessories and Multi Filament Yarn (MFY).
Operations
KPL offers Value Added Services like DDP lots, small lots as LCL consignments, colored bags, online
tracking of shipments, online access of customer’s orders status, regular update of polymer
market and foreign exchange market so that customer can accordingly plan their purchases. The
company operates from three locations in the city of Kanpur. KPL’s infrastructure for FIBC, Woven
Bags, PP and Multi Filament yarn and other products include Extrusion Tape Lines from Lohia
and Starlinger Austria; Double Side Extrusion Coating Plant from Windmoller and Holscher, West
Germany; Bulk Texturising machine from Airtex, USA among others. KPL’s market presence in
international countries contributes to about 70% of the total revenue. The company has market
presence in approximately more than 40 countries.
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PROFESSIONAL &
BUSINESS SERVICES
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Leading SMEs of India 2019
Consulting Engineers Group Limited
B-11(G), CEG Tower, Malviya Industrial Area, Jaipur-302017, Rajasthan
www.cegindia.com
Sector
Professional & Business Services
Business Excellence Highlights
• CEG is among the first few
professional consultants in
India to have procured Falling
Weight Deflectometer (FWD)
for structural evaluation
of existing pavements,
estimating residual life and
the overlay requirements.
• Project Management
Consultant (PMC) for Public
Work Department, Govt. of
Rajasthan, Rajasthan Road
Sector Modernization Project
(RRSMP) funded by World
Bank.
thyssenkrupp Industrial Solutions India Private Limited
Uhde House, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai – 40008, Maharashtra
www.thyssenkrupp.com
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Professional & Business Services
Business Excellence Highlights
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• The company’s USP is its dual
offerings under which it can
provide technology in several
areas from its own process
technology portfolio as well
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as engineering services in a
variety of modes across the
project.
• It has set up a digital bidding
cell, technology sharing
cell and procurement hub
for its global business, and
exports engineering services
to Germany, Hungary, Saudi
Arabia and Iran.
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ceg@cegindia.com 0141-2751801-02-05
Category Management Details
SME Managing Director Vishwas Jain
About the Company
Consulting Engineers Group Ltd (CEG) is a pioneer consulting organization in expressways, railway,
metros, airports, water, asset management, smart cities with focus on feasibility studies, design,
design review, DPR, project management consultancy, material testing, geotech, environmental,
safety audits and quality control. Since its establishment in 1984, CEG is providing innovative,
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smart and future sustainable solutions for infrastructure projects. The company continues to
expand in the ambit of infrastructure both locally and globally.
Operations
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The company has regional offices in Mumbai and New Delhi in addition to various site/project
offices for execution of particular projects. Presently, CEG’s operations are spread over 46
locations in form of site offices across India. CEG has extensive experience across Indi and has
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global presence with completed projects in countries like Bangladesh, Ghana, Uganda, Liberia,
Ethiopia, Mozambique, Tanzania, UK and Australia. CEG collaborates with various international
firms to bring latest infrastructure technology in India. It is also a strong Indian partner taking its
experience and modern technology in other developing countries through association with local
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firms such as 3G Consultants Pvt. Ltd, Total Management Services Pvt Ltd, Myanmar lnternational
Consultants Co Ltd, Howard Humphreys (Tanzania) Ltd, etc.
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tkisindia@thyssenkrupp.com 022-40478015
Category Management Details
Mid-Corporate MD & CEO P D Samudra
About the Company
thyssenkrupp Industrial Solutions India Pvt Ltd, established in 1977 as Uhde India, is part of the
thyssenkrupp Industrial Solutions AG Group, Germany. thyssenkrupp is an engineering consultancy
company providing the entire range of services involved in the design and construction of plants
for the chemical, petrochemical, fertilizer, refinery and metallurgical industries, low temperature
storage and industrial projects. The company provides Engineering, Procurement & Construction
Management services (EPCM) and / EPC-LSTK (lump sum turnkey) plants. Since its inception,
thyssenkrupp has executed over 650 major assignments for a variety of projects in its core
competence areas for chemical majors in India and abroad.
Operations
The company executes contracts mainly under four modes – Engineering Procurement
Construction/ Lump Sum Turnkey, Engineering, Procurement, Construction Supervision Services,
Project Management Consultancy and Front-end Engineering Design. It operates full-fledged
modern engineering facilities in Mumbai and Pune with around 1,200 trained technical experts
and an annual capacity of over 2 mn engineering hours. thyssenkrupp executes projects using a
dedicated task force concept with multi-disciplinary specialists for mega-projects; and a production
unit concept for smaller-sized projects, where team members are drawn from engineering pools.
The company is ISO 9001:2015, ISO 14001: 2015 and BSOHSAS 18001:2007 accredited.
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RENEWABLE
ENERGY
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Knowledge Integration Services India Private Limited
Knowledge House, 516, MS Ramaiah Enclave, 8th Mile, Hesarghatta Road, Bangalore - 560073, Karnataka
www.kisgroup.net
Sector
Renewable Energy
Business Excellence Highlights
• In FY19, more than 50%
of the total turnover was
generated by waste water
treatment plant equipment
segment
• Winner of Indonesia Best
Electricity award in the best
power plant category in 2018
• Winner of Golden Peacock
shield in sustainability
category in 2018
• Winner of European Business
Award in 2018 & Water
Leadership Award in 2018
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Business Excellence Highlights
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contact@kisgroup.net 080-28395431
Category Management Details
SME Managing Director K R Raghunath
About the Company
Knowledge Integration Services India Pvt Ltd (KIS), incorporated in 2006, is engaged in supplying
equipment for bio gas, water & waste water treatments. The key products/services offered by the
company includes biogas power plant equipment, waste water treatment plant equipment and
consultancy services.
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Operations
KIS has developed innovative products/solutions including ZPHB (Zero Pollution and Higher
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Biogas), ZCT (Zero Chemical Technology), Sustainable Clean Technologies for solid & liquid
waste from agricultural industries. KIS operates its business in India, Singapore and Indonesia. In
Indonesia, the company operates as a sale, marketing and service provider with approximately 10
employees. The company’s clientele base includes Unilever, UPL, Torrent Group, Amul Dairy and
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Reckit Beckiser amongst others. In order to increase its global footprint, KIS has participated in
several exhibitions centres by setting up booths. KIS has emerged as one of the leading solution
providers in sustainable energy in South East Asia. The company’s projects in South East Asia
generates bio gas to the tune of 50 MW. KIS is an United Nations Frame Work Convention on
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Climate Change approved company. In 2018, KIS was declared as the winner of Excellence Global
Awards in the 9th WRETC/World water summit in 2018. The company received the Excellence
Award for Waste Water Management by Assocham in 2018.
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TEXTILES &
GARMENTS
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Leading SMEs of India 2019
Jaipur Rugs Company Private Limited
Jaipur Rugs, G-250, Mansarovar Industrial Area, Jaipur-302020, Rajasthan
www.jaipurrugs.com
Sector
Textiles & Garments
Business Excellence Highlights
• Jaipur Rugs factory-less
weaving empire has become
the source of world class
production and positive
transformation for the
weaving community.
Collaborated with renowned
designers like Matteo Cibic,
Gauri Khan, Kavi collection,
Luli Sanchez, Arteams, Jenifer
Adams to name a few.
• Developed tools and in-
house apps for smooth
functioning of operations.
Faze Three Limited
63/64, 6th Floor, Wing C, Mittal Court, Nariman Point, Mumbai 400021, Maharashtra
www.fazethree.com
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Sector
Textiles & Garments
Business Excellence Highlights
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• Elite Customer Base &
Long serving Customer
relationships, 90% Revenue
from Exports
• Continuous Innovation,
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Inhouse Design and
Development capabilities
• Favorable Debt / Equity (0.3),
NIL Repayable Debt with
Asset base of over ` 3 bn at
group level
• Consistent Capital
Expenditure over last 3 years,
viz ` 350 mn funded through
internal accruals
• Local sourcing Raw materials,
Diversified Revenue across
Customers / Geographies
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shop@jaipurrugs.com 0141 3987400/7103400
Category Management Details
SME Managing Director Nand Kishore Chaudhary
About the Company
Jaipur Rugs Co Pvt Ltd, established in 2006, is a social business that connects rural craftsmanship
with global markets. It is a family business based in Jaipur, offering an exclusive range of hand-
knotted and hand-woven rugs made using 2,500 years old traditional art form. The company
operates through a unique business model, which provides livelihood to the artisans at their
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doorstep and has also changed the standard practice of involving middlemen to work with
artisanal communities. The company’s business model has become a subject of study by various
management schools and thought leaders around the world.
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Operations
Presently, the company has a network of over 40,000 artisans spread across 600 rural Indian
villages in five states of India. It has an end-to-end business model and follows vertical integration,
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right from sourcing of wool to exporting finished handmade rugs. Reviving the dying art of carpet
weaving, creating a sense of bonding and building community is at the core of the company’s
business philosophy. Jaipur Rugs has been working towards bridging the gap between the weaver
at the grassroots and the urban consumers. The modern and eclectic collection of rugs made of
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the finest wool and silk is exported to more than 60 countries, with the company’s US sales arm,
Jaipur Living, Inc located in Georgia, Atlanta.
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info@fazethree.com 0260-2699323 / 6634500
Category Management Details
Mid-Corporate Managing Director Ajay Anand
About the Company
Founded in 1985 for manufacture and export of Home Textile products by Mr Ajay Anand. The
group ventured into Technical Textiles (Automotive fabrics) in 1997, Faze Three Autofab Limited.
The Product offering includes complete range of Bathmats, Accent Rugs, Blankets and Throws, Top
of the Bed Products and Outdoor and Indoor Cushions. The Customers include top Retail Stores
in USA led by Costco, Walmart Stores, Target etc. and in UK / EUR led by Sainsbury’s, ASDA, Marks
and Spencer, LIDL, etc.
Operations
Faze Three operates six manufacturing units at Silvassa, Vapi and Panipat. It caters to high-end
home textiles segment with custom-made orders as per client specifications. Key export markets
of the company include US, UK, Germany, Australia, Hong Kong, Canada, South Africa, Brazil and
others. The company has developed and registered trademarks such as Memory MicroTM and
Nano MicroTM. The company has a wholly- owned subsidiary in US, Faze Three US LLC, which
actively engages in sourcing local business within USA for supplying the company’s range of
products to stores/ retailers.
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Sequel Logistics Private Limited
5th Main Road, VI Sector, HSR Layout, Bengaluru - 560102, Karnataka
www.sequelglobal.com
Sector
Transportation & Logistics
Business Excellence Highlights
• Affiliated with the All India
Gems and Jewelry Trade
Foundation, GJEPC India,
Indian Bullion and Jewellers
Association Limited & WCA
• Accredited with ISO 39001,
Responsible Jeweler Council
(RJC) and Transport Asset
Protect Association (TAPA)
• Innovation Initiatives such as
GPS enabled vehicles, OTP for
acknowledgment of precious
articles, Live tracking through
in house software & SAP R6
Technology
Sarjak Container Lines Private Limited
8th Floor, DLH Plaza, S.V. Road, Andheri (W), Mumbai - 400058, Maharashtra
www.sarjak.com
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Sector
Transportation & Logistics
Business Excellence Highlights
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• First NVOCC in the world
to acquire SuperRacks;
first NVOCC in the world to
acquire High Cube Hard Top
Containers & first NVOCC
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in the world to receive the
ACEP Certification by RINA,
Italy
• Received SME Empowering
India Award 2018 in the
Logistics Service Category
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info@sequelglobal.com 080-66382200
Category Management Details
SME Chairman & MD Sharad Jobanputra
About the Company
Sequel Logistics Pvt Ltd (Sequel Logistics) is engaged in providing plant logistics services to the
Tata Group’s jewelry division (Tanishq Division) and cargo services to other jewelry manufacturers.
The company is a supply chain management company offering comprehensive solutions to critical
logistics requirements.
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Operations
Sequel Logistics covers more than 350 locations in India through network of 60 secured hubs,
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22 high grade vaults and fleet of 88 owned and 74 leased vehicles. The company also covers 110
global locations through strategic alliances as well as operational tie-ups with companies namely,
DHL, Fedex, G4S International Logistics and Loomis International among others. Sequel Logistics
has a dedicated security command centre. The company is an IATA accredited agent.
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info@sarjak.com 022-40550550
Category Management Details
Mid-Corporate Managing Director Ashish Sheth
About the Company
Sarjak Container Lines Pvt Ltd (SCLPL) is engaged in providing a complete spectrum of performance
intensive services at ports and business hubs by providing services such as cargo booking, cargo
inspection, special equipment recommendation and selection, cargo securing, cargo loading
on vehicle or vessel among others. The company has a fleet of more than 39,700 TEUs and is a
member of WCA Projects.
Operations
SCLPL is a Non-Vessel Operating Container Carrier (NVOCC). The company specializes in the
carriage of Out of Gauge (OOG) / Odd Dimensional Containerised (ODC) cargos on its own fleet of
special equipment across the globe. The company has an agency network of more than 90 agents
with coverage of more than 276 ports. SCLPL has tied-up with main line operators globally with
volume commitments helping to negotiate better freight rates thereby being more competitive
together with the creation of more options for its customers to ship their OOG cargoes. SCLPL
has a global network of more than 145 agents spread across 84 countries and 270 port cities. The
company approximately operates more than 6,500 special equipments.
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THEME BASED
AWARDS
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Dun & Bradstreet D-U-N-S® No 91-958-7282

ValueMomentum Software Services Private Limited

Plot No 36 & 37, Gachibowli, Financial District, Nanakramguda, Hyderabad - 500032, Telangana
www.valuemomentum.com - 040-67338400
Special Award Category Management Details
Best Global Business Managing Director Ravi S. Rao

Global Business Highlights About the Company

• In FY19, ValueMomentum
reported a growth of 31%
in overall business, backed
ValueMomentum Software Services Pvt Ltd (ValueMomentum) is engaged in providing software
solutions to insurance, healthcare & financial services firms. The company has more than 100
customers. ValueMomentum offers software for bureau rating, product design and enabling
digital engagement. The solutions and services of the company have been recognized by Novarica,

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by digital transformation, Celent, Aite and Gartner.
cloud adoption, data
modernization and core Global Business Initiatives

transformation projects at
existing and new clients.
• Achieved Data Lake
Implementation Engagement
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ValueMomentum introduced new line of businesses namely Digital & Cloud Solutions,
CoreLeverage, QualityLeap, Customer Communications, Data Services, CoreSpeed and Products.
This initiative led to a business growth of 31%, Customer growth of 23% with increased investments
in R&D. The company also introduced new line of businesses namely - Digital & Cloud Solutions,

with a tier-I health payer,
including a data quality
solution for ingestion of data
into the data lake in FY19
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CoreLeverage, QualityLeap, Customer Communications, Data Services, CoreSpeed and products
to bring focus on the offerings and value addition to the clients. The company witnessed several
API modernization engagements for several mid-tier insurance carriers and an open banking API
initiative with a mid-tier bank. In FY19, ValueMomentum garnered data platform modernization
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project for a mid-tier property/casualty carrier, including migrating them on premise data lake to
a cloud native architecture. The company has an operational set up in New Jersey, USA with a staff
of 400 people.
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Sarjak Container Lines Private Limited

8th Floor, DLH Plaza, S.V. Road, Andheri (W), Mumbai - 400058, Maharashtra
www.sarjak.com info@sarjak.com 022-40550550
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Special Award Category Management Details

Most Socially Responsible Company Managing Director Ashish Sheth

CSR Highlights About the Company

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• Incurred an expenditure of
` 3 mn on CSR activities in
FY19
• Anand Sarjak Charitable Trust
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Sarjak Container Lines Pvt Ltd (SCLPL) is engaged in providing a complete spectrum of performance
intensive services at ports and business hubs by providing services such as cargo booking, cargo
inspection, special equipment recommendation and selection, cargo securing, cargo loading
on vehicle or vessel among others. The company has a fleet of more than 39,700 TEUs and is a
member of WCA Projects.

focuses on infrastructure
development and education
(Anganwadi) serving
geographical areas in Palghar
district
• Adopted 203 Anganwadis in
Palghar district, Maharashtra,
of which 41 have been
transformed into well-
equipped pre-schools &
community centres
CSR Initiatives
SCLPL’s Anand Sarjak Charitable Trust carries out CSR activities such as providing support for
school fees, repair & renovation of dilapidated Anganwadis, building a science laboratory and a
mini centre, distribution of food and clothes to street children & old age homes, tree plantation
among others. Inorder to rebuild deprived societies, SCLPL adopted Anganwadi which serves as a
centre for six areas of supplementary nutrition, immunization, health checkups, referral services,
nutrition and healthcare for mother/pregnant women, nursing mothers and adolescent girls.
Each One Get One, an initiative by the employees of SCLPL, is a scholarship programme providing
financial support to students from impoverished backgrounds.

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Elkay Chemicals Private Limited
2562, University Road, Bremen Business Center, 5th Floor, Aundh, Pune - 411007, Maharashatra
www.elkaysilicones.com
Special Award Category
Most Innovative Company
Innovation Highlights
• Undertook the development
of silicone based sulphur
release agent and now
supports 70% of the said
product requirement in India
• Introduced eight products in
Indian & global markets
• Implemented ERP system
such as SAP & Data
Management System
• Added 45 new customers,
including 25 in export
segments
Roop Automotives Limited
19, ROZ - KA - MEO, Industrial Area, Sohna, Gurgaon - 122103, Haryana
www.roopauto.com
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Special Award Category
Best Employment Initiatives
Employment Initiative Highlights
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• Inclusive employment -
Employs more than 15
differently abled work people
(namely deaf and dumb).
Special care is taken for their
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skill enhancement as well as
special measures for their
safety
• Received felicitation for a
Skill India Program - Earn
while you Learn
• Best CSR Award for HR
Association of India
Leading SMEs of India 2019
Dun & Bradstreet D-U-N-S® No 91-799-6175
marketing@elkaysilicones.co.in 074-20001504
Management Details
Managing Director Ravindra Kulkarni
About the Company
Elkay Chemicals Pvt Ltd (Elkay Chemicals) is engaged in the manufacturing of silicone based
specialty chemicals & formulations. The company manufactures a broad array of silicone-based
products that are customised to meet the diverse requirements of its customers across industries
such as agriculture, construction, petrochemicals, personal care, textile, pharmaceuticals,
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rubber among others. The diverse product portfolio lowers business risk and the risk of product
obsolescence or commoditization in any specific product line.
Innovation Details
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Elkay Chemicals’ corporate growth strategy is innovation centric. It involves identification of
import substitute molecules or product formulation, execution of development study, creation of
prototype product, molecule, field testing of the product, scale-up and finally commercialization
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of the product. The company identified silicone hydrophilic softener that would not only improve
softness and bounce of fabric and garments but also absorb water. The company has also identified
Silicone Demulsifies molecule that would help reduce water content in crude oil as it is extracted
from the field. The company undertook batch time process improvements by introducing new
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machinery like glass line reactors and fume silica charging device, Silicone hydrosilation technology
and Silicone resin technology. Several patents have been awarded to Elkay Chemicals.
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- 080-46047391
Management Details
Managing Director Mohit Oswal
About the Company
Roop Automotives Ltd (Roop Auto), is an OEM supplier of auto components such as steering
yokes, automotive connecting rods, automotive housing, differential housings, connecting rods,
proportionating valves, special bolts, among others.
Employment Initiatives
Some of the company’s major employment initiatives include -
Merit Only Policy: The company operates with 2,000 people across two states and four geographical
locations with recruitment purely based on merit, thus ensuring high proficiency level of skillsets.
Equal Opportunity employer: The company’s recruitment policy clearly mentions employing
people regardless of their caste, gender, sexual preference, religion or any other personal
characteristics.
Skill Development: The company under the National Employability Enhancement Mission (NEEM)
scheme trains people from the weaker sections of the society in the company’s skill centre to make
them employable. The company has collaborated with Shri Vishwakarma Skill University for an
academia corporate tie up program to provide on the job training to 60 students.
Focus group: The company has focus group activities to enhance cross functional employee
engagement & achieve operational excellence.
Employee led teaching programs: The company encourages its employees to teach in classes and
knowledge sharing classes, thereby helping them to broaden their horizons.
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Dun & Bradstreet D-U-N-S® No 91-717-1241

WILHELM Textiles India Private Limited

38th km Stone, Delhi Jaipur Highway, Village Khandsa, Behrampur Road, Gurgaon - 122001, Haryana
www.wilhelmindia.co.in info@wilhelmindia.co.in 0124-4770400
Special Award Category Management Details
Best Green Initiatives Chairman & MD Erik Oliver Illig

Green Initiative Highlights About the Company

• Entire lighting of factory
has been upgraded to LED
lighting system including
WILHELM Textiles India Pvt Ltd (WILHELM), an Indo-German joint venture, is a subsidiary of
Werner WILHELM Gmbh, Germany. The Company is a brand in footwear textiles and has a very
extensive product mix for shoe, automobile, sports goods, home furnishings and other specialised
technical applications. The company serves more than 750 customers spread all over the globe.

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plant internal roads during WILHELM has regional sales office and warehouse & distribution centre in Chennai, Tamil Nadu.
2018 - 2019
• Installed a 24/7 on-line Green Initiatives

monitoring system connected
permanently to Pollution
Control Boards in the Central
Government of India and
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Some of the company’s major green initiatives include -
¾¾ Saving of 60,000 units of electricity per year by shifting machines to invertor drives
¾¾ Emissions of CO2 has reduced by 42% by shifting from pet coke to natural gas and coal
¾¾ Company planted 8,000 trees in 2018 on public land

in Government of Haryana
Estate Environmental
Departments
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¾¾ Saving energy actions are being done systematically by complete insulation of heating piping
system and full recovery and recycling of condensate waters after processes
¾¾ Rejected products and fabrics are managed by a certified recycling company
¾¾ Cardboard and paper rolls are completely recycled
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¾¾ Plastic bins and general waste are managed by Haryana estate authorized recycling company
¾¾ ETP sludge is recycled by government-authorized recycling companies by means of
incineration or incorporation with concrete fabrication materials
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Ms Veena Kohli (CEO, Vanguard Diagnostics Private Limited)

C-123, Phase-I, Okhla Industrial Area, New Delhi - 110020, Delhi
www.vanguarddiagnostics.com info@vanguarddiagnostics.com 011-41727222
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Special Award Category Management Details

Best Woman Entrepreneur Chief Executive Officer Veena Kohli

Business Excellence Highlights Veena Kohli, an alumnus of the All India Institute of Medical Sciences, New Delhi, is currently the
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• Developed, manufactured
and marketed reagents for
more than 20 models of
Hematology analyzers, in a
span of 4 years
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Chief Executive Officer of Vanguard Diagnostics Pvt Ltd (Vanguard). She possesses more than 29
years of experience in the field of medical diagnostics, life sciences, chemicals and animal health
care. During the course, she had the opportunity to develop rare skill and expertise encompassing
the entire value chain of product & business.
She was Vice President and head of the Global Diagnostics Business Unit at Avantor Performance

• Recognized as the most
trusted brands at the
Healthcare India Brand &
Leadership Conclave in 2018
Materials, where she was responsible for business strategy formulation, product road map, driving
business partnerships & technology and the global P&L. She grew the diagnostics business in India
by 322% in three years through organic and inorganic endeavors. The business grew to be among
the top five domestic diagnostics manufacturers in India. She was responsible for setting up two
manufacturing plants in India for Diagnostics and Veterinary Pharmaceutical products.

• Vanguard was awarded
as the Best Healthcare
Manufacturing Company in
the IVD sector for the year
2017-18 by Medgate Today
and Messe Dusseldorf, India
Veena realized that ‘Make in India’ specially for the in vitro diagnostics sector, would receive an
impetus only if some experienced professionals with domain knowledge, would come forward
to serve as a manufacturing arm for the importing companies. With this, she and her three
colleagues from Ranbaxy and Avantor formed Vanguard in 2015. She has received several awards
and recognitions.

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Epimoney Private Limited
New Era House, Era Mill Compound, Moghul Lane - Matunga (West), Mumbai - 400016, Maharashtra
www.epimoney.com
Special Award Category
Best Start-up Initiative
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• Flexiloans stands out from
competition in three major
aspects – technology,
product and partnership.
• As of FY19, the company
has a reach of 1,000+ cities
and towns with a branchless
presence and their average
loan ticket size is ` 287,000.
• Flexiloans has custom built
technology that allows it to
be agile and foster innovation
that exceeds any lender in
the Indian fintech ecosystem.
Sintercom India Limited
Gat No. 127, At Post Mangrul, Tal-Maval, Talegaon Dabhade, Pune - 410507, Maharashtra
www.sintercom.co.in
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Special Award Category
Make in India Initiative
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• The company produces
automotive components
using sintering process
considered to be eco-friendly.
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• In FY19, the company
developed cam-to-cam split
for 2-litre using the sintered
manufacturing technology.
• Starting with stainless steel
HEGO sinter boss products,
the company is now a leader
in the manufacture of
sintered synchro hub
Leading SMEs of India 2019
Dun & Bradstreet D-U-N-S® No 72-530-0656
connect@flexiloans.com 022-6821 9546
Management Details
Co-founder Manish Lunia
About the Company
Epimoney Pvt Ltd is an RBI registered non-banking financial company focused on bridging credit
gap by the advanced use of technology and data. The company provides business loans, under the
brand name, Flexiloans, to SMEs across India.
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Start-up Initiative
The company was founded by 4 ISB/IIT alumni with a combined financial service experience of
45+ years. The company started its business operations in 2016, with an idea to tap in to the
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opportunity in MSME lending space. The company is bridging the gap between demand for short
term credit from the MSMEs and inability of traditional banks and NBFCs to meet this requirement
due to rigid credit policies and their focus on high-ticket size products.
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The company is trying to solve this very problem by digitizing the entire process and creating
innovative and flexible lending products. Being a digital lender, the company is able to reach the
farthest corners of the country and provide loans as small as ` 50,000 and disburse them within
48 hours of loan application. The company has over 100 partnerships with players such as Flipkart,
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Amazon, PayTM, Pinelabs, Mswipe, etc. for accessing over 2mn businesses. It is the biggest lender
on the ecommerce ecosystems as well as on supply chain ecosystems. Besides, the company has
over 20 proprietary data science assets and five patentable algorithms across the loan life cycle.
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Dun & Bradstreet D-U-N-S® No 67-624-7098
info@sintercom.co.in 02114-661200 / 7276050008
Management Details
Managing Director Jignesh Raval
About the Company
Sintercom India Ltd, established in 2007 as Maxtech Sintered Products Pvt Ltd engages in the
manufacturing of automotive sintered components. The company specializes in medium to high
density sintered components for automotive engine, powertrain, exhaust systems as well as
sensor components. Its product portfolio includes drive-train gears, engine sprockets, pulleys,
crankshaft bearing journals, transmission gears, synchro hubs, as well as ABS rings, Sensor Hego
bosses and flanges.
Make in India Initiative
Sintercom provides high-volume, high-precision and low-cost components, tailored to the
customers’ specific requirements. The company operates an integrated manufacturing facility
along with an engineering and development centre and a well-equipped in-house quality lab and is
IATF 16949:2016 certified. The company is one of the first sintered player in India to develop cam-
to-cam split gear for one of the reputed OEMs. These gears are currently imported from Europe to
India as there are no sintered player manufacturing the same in India. The company has developed
the said technology in 2019. The production of the product has just started after rigorous testing
by the OEMs. The company is currently in the process of getting necessary approvals for export of
this product from India to Europe.
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Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 87-181-3319

NeoGrowth Credit Private Limited

503, Tower 2B, One India Bulls Centre, 841 S.B. Marg, Mumbai – 400013, Maharashtra
www.neogrowth.in contact.us@neogrowth.in -
Special Award Category Management Details
Tech-SME of the Year Founder & MD Piyush Khaitan

Technology Excellence Highlights About the Company

• Launched 2 new products -
PayLater & Vendor Finance,
which contributed to 20% of
NeoGrowth Credit Pvt Ltd (NeoGrowth), a registered NBFC, is engaged in providing quick and
easy access to credit to the under-served MSME segment. The company through its technology-
enabled processing provides loans to the merchants against their future digital sales and unlocks
credit that is tailored to the merchant’s business requirement.

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total disbursements
• Implemented Sun Technology initiatives
lnfosystems for all finance NeoGrowth pioneered a model that uses data from credit and debit card sales to determine

and accounting operations
and tracking
• Listed amongst the Top 75
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the credit worthiness of small and medium retailers and provide loans against future sales.
The business model is built on a digital platform with both disbursements and collections being
entirely cashless supporting the government vision of moving towards a cashless economy. The
loans come with features like the daily repayment model which is focused on customer centricity.

Global SME-Focused FinTech
Startups by Medici in 2019
• Awarded ‘Best Fintech SME-
Connect’ at India Banking
Reforms Conclave & BFSI
Awards in 2019
&
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This feature helps merchants to plan their cash flows better, especially during slow and slack
seasons. These loans are processed much quicker than a typical loan, giving merchants access
to required cash. The company has an inhouse custom built loan origination and management
system called AdvanceSuite, designed for its unique loan product, NeoCash which is terminal
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based and repayment is automated through the terminals itself. The product design is tech and
touch model keeping the customer at the core of the product, enabling faster processing of loans.
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Dun & Bradstreet D-U-N-S® No

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FEATURED SMEs
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Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 67-558-4388

A P Securitas Private Limited

Plot No. 140, Udyog Vihar, Phase-IV, Gurugram - 122022, Haryana
www.apsgroupindia.com aps_hrsupport@apsecuritas.com -
Sector Category Management Details
Professional & Business Services Mid Corporate Director Col. Naresh Malhan
APS Group was incorporated with forming AP Securitas Pvt Ltd In the year 1986. The company provides Security and Survillience
services.

Dun & Bradstreet D-U-N-S® No 65-035-3456

A.V. Global Corporation Private Limited

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201, New Delhi House, Barakhamba Road, Connaught Place, New Delhi - 110001, Delhi
www.avglobal.in - 011-43565656

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Sector Category Management Details
Transportation & Logistics SME Managing Director Mr. Vijay Mehta
AV Global Corporation Pvt Ltd was incorporated in the year 2007. The company is involved in providing total logistic solutions and also

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acts as a custom broker on a PAN India basis.

Dun & Bradstreet D-U-N-S® No 91-853-1075

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Aarvi Encon Limited
B1-603,Innova,Marathon NextGen, G.K.Road,Opp. Peninsula Park, Lower Parel (W), Mumbai - 400013, Maharashtra
www.aarviencon.com info@aarviencon.com 91-22-40499999
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Sector Category Management Details
Professional & Business Services SME Managing Director Mr. V. D. Sanghavi
Aarvi Encon Ltd started its business operations in 1987. The company is involved in providing manpower outsourcing services to
companies across several industries such as IT, Oil & Gas, engineering etc.
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Dun & Bradstreet D-U-N-S® No 67-738-2709

AB Carter India Private Limited

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37 SNS Chambers, 239 Sankey Road, Bangalore - 560080, Karnataka

www.abcarterindia.com sales@abcarterindia.com 91-80-23614625
Sector Category Management Details
Textiles & Garments SME Managing Director Mr. Sandeep Shetty
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A B Carter India Private Limited started its business operations in 2006. Products Manufactured or services provided by the company
are for textile machinery rings and travelers services.

Dun & Bradstreet D-U-N-S® No 91-846-2495

Abhinav Outsourcings Private Limited

307, 3rd Floor, Building no. 6, Devika Towers, Nehru Place, New Delhi - 110019, Delhi
www.abhinav.com web@abhinav.com 91-8595338595
Sector Category Management Details
Professional & Business Services SME Founder Mr Ajay Sharma
Abhinav Outsourcings offers professional legal services and has affiliations with international associates which includes top attorneys,
financial institutions and business planners to provide the best legal services to the clients.

152
 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 91-531-1222

Accurate Industrial Controls Private Limited

About the company
Accurate Industrial Controls Pvt Ltd (Accurate Industrial) is engaged in the manufacturing of power
solutions to the Indian Defense. The company also offers complete integrated solutions to the
defense sector along with manufacturing super-silent diesel generating sets for the telecom sector.
The company is accredited with ISO 9001:2015 certification and follows military specifications
such as CQAL 640A, JSS55555, MIL 461E among others.

Operations

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Accurate Industrial has manufacturing facilities in Shivane and Hinjawadi (over 16000 sqm), Pune
in Maharashtra. The clientele of the company includes DRDO, Indian Defense, Tata Motors, Bharat
Kiran Jadhav Electronics, Reliance, L&T, Bharat Forge, Emerson, Honeywell, Ashok Leyland among others.
Chairman & MD The company has been exporting for a period of nine years with over 30% of its revenue being

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generated from direct exports to US, UK, Europe, Australia, Gulf among others.
Sector
The company’s core product portfolio consists of -
SME • Industrial Automation – The company designs and manufactures PLC based industrial

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Category automation systems, distribution panels, M.C.C, P.C.C, starter panels, APFC panels, AMF
panels, auto sync panels, instrumentation panels, local control stations and junction boxes
Engineering & Machinery
for industrial applications.
Management Details • Telecom Products – It offers customized solutions for camouflaging telecom towers and
ad
Chairman & MD smart pole – slim fit and is fully designed in-house.
Kiran Jadhav • Industrial Refrigeration – In collaboration with an UK based company – ADANDE, the
Directors company provides industrial refrigerators offering superior food storage conditions, using
Madhuri Jadhav less energy than the conventional refrigerators.
Deepak Jagadale • Energy Solutions – The company manufactures ultra-light & compact, customized DG sets
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Ravindra Gurjar & power systems, designed to meet Indian Defense requirements with variable speed
Shashank Sapre technology. The company also provides complete integrated solutions to the Indian Defense.
• IoT, Embedded & Power Electronics – The products are designed and manufactured for,
Contact Details
Industrial (ATM Manager, Free Cooling Unit), Power Conversion (SMPS, DC-DC Converter,
Accurate House, S No. 78/1, Customized Invertors etc), Telecom (HPS Energy Conservation Solution, LVD Controller) and
Dangat Industrial Estate, Medical (customized electrically-motorized operated beds) among others. Most of these
&

Shivane, Pune-411023, products are IoT enabled.

Maharashtra • Renewable Energy Solutions - Products for Power Conditioning, Power Conversion, Solar
Website: www.accurateindustrialcontrols.in Grid-Tie Projects, Hybrid Solutions (Fuel cell, Wind & Solar)
Email: marketing@accurateindustrialcontrols.in
In order to develop innovative products, Accurate Industrial has always been in constant
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Key Business Highlights

collaboration with the Defence Research and Development Organization (DRDO) of the Ministry
• First company in India to of Defense. The company demonstrated the use of Linear Motors in India and successfully
introduce high speed engines
implemented it in the Minefield Marking Equipment for the Indian Army. These systems were
along with high speed
completely integrated by the company and 70 vehicles were supplied to the Indian Army.
alternators to the Defense
resulting in considerable
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savings of weight & reduction Innovation highlights

in size of the DG Sets
• 1st Indian company to
introduce the Permanent
Magnet Alternator (PMA)
technology
• Awarded Best Lean
Performing MSME Company
in Pune by MCCIA & NPC for
3 years in a row
• Awarded 3 innovation-based
patents and has developed
18 import substitutes
The company has developed the following:
• Power solution (generating set) based on a rotary helicopter engine with high speed
alternator. This concept is reported to be new concept in India and probably in the world.
The set is reported to be modular and back-pack carriable/mule carriable.
• Novel concept of Hybrid Mobile Power Solution for the Indian Army, based on trailer and
consisting of wind turbines, solar panels, two DG Sets and a fuel cell system for providing
electric power on a continuous basis to far-off military bases of the Indian Army
• Novel power supply systems for Akash Missile – Next Generation, with systems being ultra-
compact, lightweight, smart, failure proof & can function continuously.
• Developed inverter-based DG Sets for the telecom industry. The GenSets are fuel efficient
and super silent. This set has been developed for a Japanese company with orders of over
` 1 bn under finalization. These products even have great export potential.

Advertorial 153
Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 86-982-6283

Ace Brain Systems & Software Private Limited

1559, Sadashiv Peth, Opp.Hotel Suyash, Pune - 411030, Maharashtra
www.acebrain.com enquiry@acebrain.com 91-20-27149655
Sector Category Management Details
IT & IT Enabled Services SME Director Mr. Sarang Satarkar
Ace Brain Technologies Pvt. Ltd, is a unit of flagship 20 year old Ace Brain Group, which was incorporated in 1991 and provides
complete IT & ITES cost effective solutions to global clients.

Dun & Bradstreet D-U-N-S® No 65-012-0991

Acrysil Limited

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B-307, Citi Point, J. B. Nagar, Andheri East, Mumbai - 400059, Maharashtra
www.acrysil.com info@acrysil.com 91 22 4015 7817 /18

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Sector Category Management Details
Others SME Founder & Chairman Mr. Ashwin M Parekh
Acrysil is one of the world leaders in manufacturing and marketing of Composite Quartz & Granite Kitchen Sinks engineered with

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German technology and are sold under the brand name “CARYSIL”.

Dun & Bradstreet D-U-N-S® No 87-229-7681

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Active Green Window Solutions
Plot No.99, Active Hill Valley, Telecom Nagar, Gachibowli, Hyderabad - 500032, Telangana
www.active.in info@active.in. 91-9866611134
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Sector Category Management Details
Engineering & Machinery SME Managing Partner Mr. M. V. Subba Raju
Active Green uses German interior and exterior technology to fabricates and manufactures a wide range of products for global brands
and the product range includes uPVC windows & doors, aluminium windows.
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Dun & Bradstreet D-U-N-S® No 91-900-9134

Adtech Systems Limited

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Tc. 52523, Golf Links, Kowdiar, Trivandrum - 695003, Kerala

www.adtechindia.com mr@adtechindia.in 91-9847063324
Sector Category Management Details
Renewable Energy SME Chairman Mr. M. R. Narayanan
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Adtech Systems Ltd started in the year 1992 and is involved in providing integrated electronic security systems to companies, industries
and retail chains. It also focuses on providing non-conventional energy solutions.

Dun & Bradstreet D-U-N-S® No 91-852-9335

Advance Hydrau Tech Private Limited

Khasra No 86/23, Village Ghevra Near Hiran Kudna Mor, Mundka Udyog Nagar Rohtak Road, New Delhi - 110041, Delhi
www.advancehydrautech.com info@ahtpl.in 91-11-28353700-10
Sector Category Management Details
Engineering & Machinery SME Director Mr. Sudhir Gupta
Advance Hydrau Tech manufactures machines to treat scrap metals (ferrous and non-ferrous) to plastics to paper scrap. The machines
include both manual and fully automatic PLC controlled hydraulic scrap baling press machines.

154
 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 65-036-3476

AksharChem (India) Limited

166169, Village Indrad, Kadi Kalol Road, Mehsana - 382715, Gujarat
www.aksharchemindia.com mktg@aksharchemindia.com 02764-233007
Sector Category Management Details
Chemicals Mid Corporate Chairperson & MD Mrs. Paru M. Jaykrishna
AksharChem (India) Ltd was established in the year 1989. The company acquired its present name in 2003 and is engaged in the
business of manufacturing of dyes and pigments.

Dun & Bradstreet D-U-N-S® No 86-217-0102

Anugraha Valve Castings Limited

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391/2, Sengoda Gounden Pudur, Arasur village, Coimbatore - 641407, TN
www.anugrahavalvecastings.com anugraha@anugrahavalvecastings.com 91-422-2360124

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Sector Category Management Details
Engineering & Machinery SME Chairman & MD R. Baskaran
Anugraha Valve Castings Limited is one of the leading steel foundry situated in Coimbatore and serves the major valve manufacturers

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catering to Engineering, Petroleum, Chemical and Gas industries globally.

Dun & Bradstreet D-U-N-S® No 85-878-9032

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Arcgate
G1-11, IT Park, MIA (Extn.), Udaipur - 313003, Rajasthan
www.arcgate.com kbagla@arcgate.com 91-7742092381
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Sector Category Management Details
IT & IT Enabled Services SME Chief Executive Officer Mr. Kunal Bagla
Arcgate commenced its operations in the year 2005. The company provides services such as AI training, data augmentation, data
enrichment, lead generation, customer on-boarding and order management mainly to the startups.
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Dun & Bradstreet D-U-N-S® No 87-403-8744

Aria Aerial Platforms Private Limited

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408, Krushal Commercial Complex, Above Shoppers Stop, G.M.Road, Chembur (W), Mumbai - 400089, Maharashtra
www.aria.in info@aria.in 022-67083600
Sector Category Management Details
Professional & Business Services SME Director Mr. Dharak dedhia
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Aria Aerial Platforms was formed by merging Aerial Platform Divisions of Navin Heavy Lifters & Raj Lifters Pvt. Ltd. It provides boom
lifts, scissor lifts and specialty machines on rental.

Dun & Bradstreet D-U-N-S® No 86-219-0993

Arihant Capital Markets Limited

6, Lad Colony, Y.N. Road, Indore - 452003, MP
www.arihantcapital.com contactus@arihantcapital.com -
Sector Category Management Details
Others SME Chairman Mr. Ashok Kumar Jain
Arihant Capital Markets provides services in equities, commodities, currency, financial planning, depository services, merchant banking
and investment banking services to different clientele that includes individuals, corporations and financial institutions.

155
Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 86-217-0276

Asahi Songwon Colors Limited

“Asahi House”, 13, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej - Shilaj road, Thaltej, Ahmedabad - 380059, Gujarat
www.asahisongwon.com admin@asahisongwon.com 079-39825000
Sector Category Management Details
Chemicals Mid Corporate Chairperson & MD Mrs. Paru M. Jaykrishna
Asahi Songwon Colors Limited was incorporated in the year 1990 and is in the business of manufacturing pigments. At present, the
company is dealing in Phthalocyanine Pigments namely Pigment Blues.

Dun & Bradstreet D-U-N-S® No 91-852-0024

Ashida Electronics Private Limited

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Ashida House, Plot No. A-308, Road No.21,Wagle Industrial Estate, Thane - 400604, Maharashtra
www.ashidaelectronics.com sales@ashidaelectronics.com 022-61299124 / 25

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Sector Category Management Details
Electrical & Electronic Goods SME Director Mr. Sujay Kulkarni
Ashida Electronics, a partnership firm was established in 1970 as manufacturer of geo-engineering and water management instruments.

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The company designs & manufactures electrical power protection relays & SCADA systems.

Dun & Bradstreet D-U-N-S® No 87-824-3167

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Astra Concrete Products
U-1A, Madkaim Industrial Estate, Madkaim - 403404, Goa
www.astraconcrete.in info@astraspacers.com 91-9561604626
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Sector Category Management Details
Engineering & Machinery SME Partner Mr. Sushant Parulekar
The company manufactures concrete spacers (cover blocks) which are used in several infrastructure projects. These blocks which
undergo several quality checks are used in over 12 countries.
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Dun & Bradstreet D-U-N-S® No 86-245-3883

Atlas Life Sciences Private Limited

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Shiromani Complex, 2nd Floor, Satellite Rd, Ahmedabad - 380015, Gujarat

www.atlaslifesciences.com - 079-26769721
Sector Category Management Details
Pharmaceuticals SME Chief Managing Director Mr. Jagdish Sheth
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Atlas Life Sciences was established in the year 2009. The company is involved in manufacturing of APIs (Pregabalin, Levosulpiride) and
API intermediates (R-CHM, bromo compund, L – Phenylephrine Base).

Dun & Bradstreet D-U-N-S® No 87-112-8410

Attitude Events Private Limited

335/352, Tower B2, Spaze ITech Park , Sector-49, Gurgaon - 122002, Haryana
www.indiattitude.com info@indiattitude.com 91-124-4409350
Sector Category Management Details
Professional & Business Services SME Director Mr. Amit Saroj
Indiattitude has grown consistently over two decades. The company provides specialized conference and event management services
by delivering customized, cost effective and long term solutions to our clients.

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 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 91-533-6775

Auto Ignition Limited

49 Km, Mile Stone, Delhi Mathura Road, Prithla - 121102, Haryana
www.autolek.com exports@autolek.com 91-1275-249200
Sector Category Management Details
Auto Components Mid Corporate Managing Director Mr. Ishaan Sarine
Auto Ignition Ltd was incorporated in the year 1971. The company manufactures starter motors, alternators, generator sets and
components for tractors, commercial vehicles, off-road vehicles and other stationery engines.

Dun & Bradstreet D-U-N-S® No 67-565-2119

Autocal Solutions Private Limited

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Unit 4, Ruby Industrial Estate, PCS. Ltd. Navghar, Vasai Road (East), Palghar - 401210, Maharashtra
www.autocal.net sales@autocal.net 91-250-2392288

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Sector Category Management Details
Professional & Business Services SME Chairman Mr. Vinit Arvind Shirsat
Autocal Solutions Private Limited incorporated in the year 2002. It provides services like Calibration, Validation, PLC Validation, Food

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Testing, Microbiological Testing, Air Testing & Water Testing.

Dun & Bradstreet D-U-N-S® No 91-852-9504

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Avantika Printers Private Limited
T-20, Okhla Industrial Area, Phase-2, New Delhi - 110020, Delhi
www.appl.in himanshu@appl.in 011-46534560
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Sector Category Management Details
Others SME Director Mr. Himanshu Pandey
Avantika Printer Private Limited was established in the year 1988. The company is into printing & publishing services and prints books,
branding material, innovative boxes, packaging materials, invitations and marketing material.
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Dun & Bradstreet D-U-N-S® No 67-611-0691

BCH Electric Limited

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1105, New Delhi House, 27, Barakhamba Road, New Delhi-110001, Delhi
www.bchindia.com offficee@bchindi.com 91-9911964773
Sector Category Management Details
Electrical & Electronic Goods Mid Corporate Chairman & MD Mr. O P Bhartia
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BCH Electric Ltd was established in the year 1965. The company’s business includes manufacturing of switchgear and low voltage panel
of electrical and electronic controls.

Dun & Bradstreet D-U-N-S® No 91-704-8100

Bhalaria Metal Craft Private Limited

Raj Asman, Swami Satyanandji Maharaj Marg, Off Radhaswami Satsang Road, Bhayander (W), Mumbai - 401101, Maharashtra
www.bhalaria.com exports@bhalariametal.com 91-22-28140914
Sector Category Management Details
Engineering & Machinery SME Managing Director Mr. Hitendra Bhalaria
Bhalaria Metal Craft is involved in manufacturing and exports of stainless steel products of flat and hollow shapes. These products are
used for restaurant supplies like bars, desserts, table, beverage etc.

157
Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 92-028-4036

Bharat Parenterals Limited

Survey No. 144 & 145, Haripura, Savli, Vadodara - 319520, Gujarat
www.bplindia.in info@bplindia.in 026-67251669
Sector Category Management Details
Pharmaceuticals SME Managing Director Mr. Bharat R. Desai
Bharat Parenterals Limited is invovled in the contract manufacturing for pharmaceutical industry. It has also setup a dedicated facility
for antiretroviral drugs to its existing facility of general & B-Iactum group of drug.

Dun & Bradstreet D-U-N-S® No 86-221-3324

Bharat Serums and Vaccines Limited

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17th Floor, Hoechst House, Nariman Point, Mumbai - 400021, Maharashtra
www.bharatserums.com corporate@bharatserums.com 91-22-6656 0900

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Sector Category Management Details
Pharmaceuticals Mid Corporate Chairman & MD Mr. Bharat Daftary
Bharat Serums and Vaccines is one of the leading biopharmaceuticals company in India and is involved in development, marketing and

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manufacturing of biological, pharmaceutical and biotech products.

Dun & Bradstreet D-U-N-S® No 87-278-6948

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Brilliant Polymers Private Limited
78 Jolly Maker Chambers II, Nariman Point, Mumbai - 400021, Maharashtra
www.brilliantpolymers.com sales@brilliantpolymers.com 91-22-22040181
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Sector Category Management Details
Chemicals Mid Corporate Managing Director Mr gaurav ravinder talwar
Brilliant Polymers Pvt Ltd was established in the year 2011. It manufactures laminating adhesives for flexible packaging applications.
These adhesives are solvent based and solvent free and water based primer, etc.
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Dun & Bradstreet D-U-N-S® No 67-594-1500

Cadmaxx Solutions Private Limited

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#2095, 2nd Floor, 9th Cross, 5th Main Road, RPC Layout, Vijaynagar, Bengaluru - 560040, Karnataka
www.cadmaxx.com trainning@cadmaxx.com 91-7204021500
Sector Category Management Details
Professional & Business Services SME Managing Director Mr. Patil Arun Kumar C
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Cadmaxx Solutions Private Limited was incorporated in the year 2010 and provides manpower outsourcing solution to cater to the
technical requirements of companies in aerospace, automotive and industrial design.

Dun & Bradstreet D-U-N-S® No 65-080-6800

Capital Numbers Infotech Private Limited

Unit No 8E4, 8th Floor, Plot #2 F/4, Action Area #2 F, New Town, Rajarhat, Kolkata - 700156, WB
www.capitalnumbers.com info@capitalnumbers.com -
Sector Category Management Details
IT & IT Enabled Services SME Director Mr. Mukul Gupta
Capital Numbers Infotech Private Limited was established in the year 2012. It provides services like web applications, mobile
applications and internet marketing.

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 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 91-504-3137

Century Pharmaceuticals Limited

406 World Trade Centre Sayajigunj, Vadodara - 390005, Gujarat
www.centurypharma.com info@centurypharma.com 0265-2361581
Sector Category Management Details
Pharmaceuticals SME Managing Director Dr. Janak k Sheth
Century Pharmaceuticals Ltd is in manufacturing APIs for over three decades. It offers long-term contracts manufacturing services for
intermediates and development of new Active Pharmaceutical Ingredients.

Dun & Bradstreet D-U-N-S® No 65-028-7357

Chemcon Speciality Chemicals Limited

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9th Floor, Onyx Business Center Akshar Chowk, Old Padra Road, Vadodara - 390020, Gujarat
www.cscpl.com info@cscpl.com 0265-2981195

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Sector Category Management Details
Chemicals Mid Corporate Chairman & MD Mr. Kamal Aggarwal
Chemcon Speciality Chemicals Limited operates primarily in the chemical industry and is one of the leading suppliers to oilfield

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chemicals,pharma intermediates and Silanes. It also offers contract manufacturing services.

Dun & Bradstreet D-U-N-S® No 65-084-3076

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Coreintegra Consulting Services Private Limited
Vinmar House, Plot no.- A41, Road no.- 2, MID CORPORATEC, Opp. Marol Bus Depot, Andheri-East, Mumbai - 400093, Maharashtra
www.coreintegra.com corporate@coreintegra.com 91-022-29261501
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Sector Category Management Details
Professional & Business Services SME Managing Director Mr. Prasanna Soparkar
Coreintegra Consulting Services Private Limited provides temporary staffing solutions, talent acquisition and services to ensure labour
law compliance.
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Dun & Bradstreet D-U-N-S® No 65-024-3772

Creative Components Private Limited

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Plot No-280,Sector-7, PCNTDA, Bhosari, Pune - 411026, Maharashtra

www.sme.in/creativecom/contact.html rchiremath@creativecomponents.in 91-20-66303556
Sector Category Management Details
Auto Components SME Director Mr. Ravindra Hiremath
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Creative Components provides complete solutions to its customers in the field of design, manufacture of tooling, moulds and further
into production, supply of sheet metal, plastic components & machined sub assemblies.

Dun & Bradstreet D-U-N-S® No 91-592-1979

Creative Tools & Components (India) Private Limited

Plot No. 19, Gat No: 2811,Kasar-Amboli, Tal: Mulshi, Pune - 412208, Maharashtra
www.creativetoolsindia.com info@creativetoolsindia.com 91-20-66745630
Sector Category Management Details
Engineering & Machinery SME Director Mr. H. M. Luktuke
Creative Tools & Components was incorporated in the year 2003. It manufactures machined components and assemblies for sectors
such as automotive, material handling, oil & gas, diesel engines, hydraulics, aerospace etc.

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Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 92-050-2049

Cygnet Infotech Private Limited

16-Swastik Society, Nr. AMCO Bank, Sardar Patel Stadium Rd, Swastik Society, Navrangpura, Ahmedabad - 380009, Gujarat
www.cygnet-infotech.com inquiry@cygnetinfotech.com 91-79-67124000
Sector Category Management Details
IT & IT Enabled Services SME Founder & Director Mr. Niraj Hutheesing
Cygnet Infotech Pvt Ltd was established in the year 2000. The company’s service portfolio includes application development, product
emgineering services, web content management and mobile application development among others.

Dun & Bradstreet D-U-N-S® No 85-978-7877

Datta Hydro Chem Private Limited

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No. 3 Mandke Abhushan Apartment, Gokhale Road, Model Colony, Pune - 411016, Maharashtra
www.dhcpl.com atul@dhcpl.com sales@dhcpl.com 020-41208937

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Sector Category Management Details
Chemicals SME Director Mr. Atul Ashok Mavdikar
Datta Hydro Chem Private Limited is engaged in the manufacturing of different alkanes such as N-pentane, Iso-pentane, commercial

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pentane, hexane and special boiling point solvents.

Dun & Bradstreet D-U-N-S® No 72-504-9519

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DEKRA India Private Limited
Muskaan Complex, Plot 3, B-2, Vasant Kunj, Vasant Kunj, New Delhi - 110070, Delhi
www.dekra-process-safety.in info-in@dekra.com 91-11-26136979
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Sector Category Management Details
Professional & Business Services SME Director Mr. Jitendra Kumar
DEKRA is one of the leading consulting organisations providing process safety solutions to various companies. These solutions include
risk management, health & safety management, reliability & maintainability and human factors.
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Dun & Bradstreet D-U-N-S® No 91-856-8275

Dev Information Technology Limited

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14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej - Shilaj Road, Thaltej, Ahmedabad - 380059, Gujarat
www.devitpl.com - 079-26304241
Sector Category Management Details
IT & IT Enabled Services SME Co-founder & Chairman Mr. Pranav Pandya
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Dev Information Technology Ltd. provides digital transformation and end-to-end information technology services. Through it arrays of
IT solution, the company enables it clients to optimize their IT in to strategic asset.

Dun & Bradstreet D-U-N-S® No

Sector Category Management Details

160

Jitendra B Divgi
Managing Director
Sector
SME
Category
Auto Components
Management Details
Managing Director
Jitendra B. Divgi
Directors
Hirendra B. Divgi
Ramesh A. Savoor
Pradip Dubhashi
Pundalik Kudva
Contact Details
75 General Block, MIDC,
Bhosari, Pune - 411026,
&
Maharashtra
Website: www.divgi-tts.com
Key Business Highlights
• One of the 1st Indian
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company to supply a transfer
case system to China &
Thailand
• One of the 1st Indian
company to design, develop
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& supply a transfer case
system to a global auto OEM
(FORD)
• One of the 1st Indian
Company to introduce state-
of-the-art 6 speed manual
transmission with integrated
4WD transfer case solution
• One of the 1st to introduce
cutting-edge carbon-lined
steel synchronizer full system
solutions to OEMs in India
Leading SMEs of India 2019
Dun & Bradstreet D-U-N-S® No 65-040-4304
Divgi TorqTransfer Systems Private Limited
About the company
Divgi TorqTransfer Systems Pvt Ltd (Divgi-TTS) was formed in 1964 under the leadership of Mr
Ramrao Divgi and Mr Bhaskar Divgi. The company is engaged in manufacture of automotive
drivetrain solutions and products. Divgi-TTS’ product portfolio entails a range of transfer cases,
torque couplers, automatic locking hubs, synchronizer systems and various transmission
components. In 2016, the company bought BorgWarner equity in DivgiWarner and became Divgi
TorqTransfer Systems Pvt Ltd.
The company has four facilities – 2 plants and 1 Centre of Excellence facility are located in Pune. 1
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plant is located in Sirsi, Karnataka.
Operations
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Divgi-TTS offers specialized and highly engineered solutions such as transfer cases, Torque Couplers
& Auto-Locking Hubs (ALH), essential components for 4WD/ AWD vehicles and synchronisers for
transmissions (gearboxes). Broadly, the company offers the following solutions:
st
Torque Management Solutions - Mechanical Shift Transfer Case, Electric Shift-On-the-Fly Transfer
Case, Torque on Demand Transfer Case, Auto Locking Hub, NexTrac Interactive Torque Coupler and
Double-Offset Transfer Case
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Transmission Solutions – Synchronizers, Electric Vehicle Transmission, Dual Clutch Transmission
and 6-speed Manual Transmission
The turnkey solutions offered by the company are used across automotive industries; utility
vehicles, agriculture, commercial, industrial and construction equipment from its three production
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units located at Bhosari in Pune, Shivare in Pune and Sirsi in Karnataka. Divgi-TTS’ clientele includes
Tata Motors, Mahindra and Mahindra, Ford, Toyota, Force Motors, TAFE, Ashok Leyland among
others and customers in Russia, Korea, China, Thailand, UK and USA.
The company has strengthened its development programs and investments on Dual-Clutch
Transmissions and Electric Vehicle Transmissions along with adding high performance manual
transmissions to its current products portfolio. Additionally, Divgi-TTS has been investing
significantly in global R&D initiatives and expanding its manufacturing capacities to include design
and development of key constituent technologies and services such as dual clutch, hydraulic
control unit, transmission control unit, rig test designing and execution and calibration services to
suit OEM customer requirements.
During FY19, the company dispatched first batch of transfer cases to UAZ Russia, started batch
production of Nextrac coupler to Mahindra and started bonding facility for synchronizer parts
at its Sirsi plant. The company also started production of Final Drive Gear (FDG) for a pioneering
US-based electric vehicle manufacturer after receiving necessary approvals from Sona BLW and
launched production for Toyota. During FY19, the company received Environment Management
System (EMS) certification ISO14001:2015 from DQS Holding Gmbh.
Association with BorgWarner
Divgi-TTS has partnered with BorgWarner, located in Michigan, USA, under a technology license
to design, develop and manufacture the portfolio of BorgWarner products for supporting its
customers. With the company’s in-house strength in design, development, testing & manufacturing
and the technological expertise of BorgWarner in powertrain products, Divgi-TTS has built solutions
applicable to a diverse application base; from light-duty mini-vans and trucks to medium-duty
compact sedans and SUVs to heavy-duty commercial vehicles and agricultural tractors.
Advertorial 161
Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 65-031-5182

Echaar Equipments Private Limited

Plot No. A-48/49, Road No.10, Wagle Industrial Estate, Thane - 400604, Maharashtra
www.echaar.com info@echaar.com 91-22-25806683
Sector Category Management Details
Engineering & Machinery SME Chairman Mr. Ramesh H. Panchal
Echaar Equipments is involved in the manufacturing of precision equipments such as plate cylinders, lock plate, cold rolling mills,
dampening roller, printing machines among others.

Dun & Bradstreet D-U-N-S® No 65-039-3809

Ecoline Exim Private Limited

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8, G.C. Ghosh Road, No G C Ghosh Road, Kolkata - 700048, WB
www.ecoline.net.in anup@ecoline.net.in 033-25224417

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Sector Category Management Details
Textiles & Garments SME Director Mr. Saurabh Saraogi
Ecoline Exim Private Limited is engaged in the manufacturing of jute and cotton bags. The company is a 100% EOU and exports only

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to the European market.

Dun & Bradstreet D-U-N-S® No 86-265-0554

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Ecos (I) Mobility & Hospitality Private Limited
238, Second Floor, Okhla Industrial Estate, Phase 3 Rd, Okhla Phase III, Okhla Industrial Area, New Delhi - 110020, Delhi
www.ecorentacar.comabout-us sales@ecorentacar.com 91-9654999666
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Sector Category Management Details
Travel, Tourism & Hospitality Mid Corporate Managing Director Mr. Rajesh Loomba
Ecos (I) Mobility & Hospitality was incorporated in the year 1996. The company is involved in providing luxury cars on rent to individuals,
corporates, hotels, tour operators, management companies, BPOs and events.
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Sector Category Management Details

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Dun & Bradstreet D-U-N-S® No

Sector Category Management Details

162

Shreedhar P Kamat
Co-Founder & Chairman
Sector
Electrical & Electronics
Category
SME
Management Details
Co-Founder & Director
Christian Kruger
Co-Founder & Chairman
Shreedhar Kamat
Executive Director
Ashok Shanbhag
Contact Details
No. 20, K.H.B. Industrial Area,
Yelahanka, Bangalore – 560064,
Karnataka.
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Phone: 0091 80 42802345
URL: www.eaplindia.com
Key Business Highlights
• Twice awarded for Excellence
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in Electronics in year 1992
and 1995 from Govt. of India
Department of Electronics.
• Business Excellence Award
from ELCINA,
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Dun & Bradstreet 2006-07
• Listed by SAP India for Global
reference program
• National Award – 2008 by
Government of India MSME
• Make in India Award in
Electronics by INDIA TODAY
Group, Govt. of India, 2016
• Registered with NSIC-CRISIL
for performance rating –
MSE 3
• Registered
Leading SMEs of India 2019
Dun & Bradstreet D-U-N-S® No 65-018-6950
Electronic Automation Private Limited
Background
EAPL had its humble beginning in the year 1985. It was the brainchild of Late Shri Madhav Kamat
who instituted this venture with espousing support from Mr. Christian Kruger of Switzerland.
By launching A1D1 – X, EAPL has established itself as a stronghold for in-house manufacturing of
standard electronic instruments. As opposed to heavy material instruments, EAPL designs and
develops a multitude of compact versions that ensure efficient and optimum level functioning of
process control.
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Business Profile
EAPL has always focused on manufacturing quality products at an affordable cost. The company
has always sought to invent devices of high viability matched with sales at low prices; ensuing
from critically controlled and standardized quality-oriented manufacturing methods and thereby
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assuring no compromise in the caliber of the product. Additionally, the company has been
approved by CSA and UL for complying with regulated safety norms.
The products aren’t specifically targeted at a particular industry. Instead, they function to the
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purpose of universal application. EAPL, thereby, has garnered a consumer base in both small and
large scale industries in over 50 cities throughout India, as well as in a few GCC countries.
Product Portfolio
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1) Electronic timers – caters to various electrical applications through different functional
features for varied time ranges and voltages in analog and digital formats.
2) Programmable Annunciators – generally used in industries, utilities to annunciate visual and
audio faults and its status at any given time.
3) Energy meters – to monitor different parameters in an electrical system
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4) Temperature Controllers – generally used to indicate and control process temperatures of
different equipments in the industrial sector.
5) Protection Relays – to protect the equipment / system from specified power un-healthiness
in the system
6) Digital Time switches – to switch OFF any equipment, appliances, with reference to real time.
Product feature highlights
1) Designed as per DIN standard, 2) Compact enclosures, 3) Wide voltage/time ranges,
4) Unique features
Business Operations
Head quartered in Bangalore, EAPL is spread over a vast expanse of around 22,000 sq. feet with
infrastructure capable of manufacturing more than 500,00 units annually.
EAPL is one of the earliest establishments in Bangalore to be certified under ISO 9001:2008 by UL
(Underwriters Laboratory, USA) and has currently upgraded to ISO 9001:2015. The organization
has also adopted the SAP B1 as a part of enterprise resource management and fact-based decision
making. At present, the production units are equipped with the latest SMT technology. The
Quality Control department compliments these efforts by executing timely quality checks ranging
from raw material to different stages of manufacturing and concluding with the final product.
(IS5834/IEC guidelines)
The organization also has its very own tool room and plastic injection moulding facility which
uses UL graded material and consistently abides by quality and safety protocol. Moreover, the in-
house EMI/EMC lab strives to strengthen the validation process in assuring finesse in the quality
of products.
The company’s vision for the future is to acquaint itself with emerging technologies and develop
new products in accordance with the requirements and expectations of its customers.
Advertorial 163
Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 87-404-5033

Elite IT Services India Private Limited

1004A-C, 10th Floor, JMD Megapolis, Sohna Road, Sector-48, Gurugram - 122018, Haryana
www.eisiltd.com marketing@eisiltd.com, sales@eisiltd.com 124-265 9063
Sector Category Management Details
IT & IT Enabled Services SME Director Mr. Anurag Singh
Elite is a system integrator, managed service provider and strategic outsourcing player providing end-to-end IT services and solutions
with an on the ground presence in major cities across the country.

Dun & Bradstreet D-U-N-S® No 91-521-0251

Embee Software Private Limited

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701 Advent Atria, 7th Floor, Chincholi Bunder Road, Opp Kingstone Tower, Malad (W), Mumbai - 400064, Maharashtra
www.embee.co.in connect@embee.co.in 033-22891740

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Sector Category Management Details
IT & IT Enabled Services Mid Corporate CEO & Managing Director Mr. Sudhir Kothari
Embee Software was incorporated in the year 1992. The company is involved in providing cloud and system integration services such

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as application modernization, modern workspace solution, cloud architecting, BI, etc.

Dun & Bradstreet D-U-N-S® No 87-368-7168

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Encraft India Private Limited
1305, Gopal Das Tower Barakhamba Road Connaught Place, Okhla Industrial Estate, Phase – III, New Delhi - 110020, Delhi
www.encraft.in info@encraft.in 91-9910007695
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Sector Category Management Details
Plastic & Plastic Products SME Chief Executive Officer Mr. Avanish Singh Visen
Encraft India Private Limited commenced its operations in the year 2013. The company manufactures UPVC Doors and Window Profiles.
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Dun & Bradstreet D-U-N-S® No 65-067-4471

Enrich Energy Private Limited

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302, The Orion Building, 11/1C, Main Road, Opp Don Bosco Youth Centre, Ragvilas Society, Koregaon Park, Pune - 411001, Maharashtra
www.enrichenergy.com info@enrichenergy.com 120-26050080
Sector Category Management Details
Renewable Energy SME Managing Director & CEO Mr. Ankit Kanchal
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Enrich Energy Pvt Ltd was incepted in 2011 and ofers end to end solutions & EPC services for both solar ground mounted & rooftop
projects.

Dun & Bradstreet D-U-N-S® No 86-155-8118

Epack Durables Solutions Private Limited

61B&C, Udyog Vihar, Surajpur, Greater Noida - 201306, UP
www.epackdurable.com - 0120-2569077
Sector Category Management Details
Electrical & Electronic Goods Mid Corporate Director Mr. Bajrang Bothra
Epack Durables Solutions is involved in the design and manufacturing of home appliances and air conditioners. The company is a ISO
9001(2008) and ISO 14000.

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 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 67-615-9795

Essar Bulk Terminal Limited

Essar House, 11th Floor, 11 KK Marg, Opp Race course, Mahalaxmi, Mumbai - 400034, Maharashtra
www.essarports.com subhas.das@essarport.co.in 91-9930136605
Sector Category Management Details
Transportation & Logistics Mid Corporate Chief Executive Officer Capt. Subhas Das
Essar Ports is involved in development and operations of ports and terminals for handling liquid, dry bulk, break bulk and general
cargo. It is one of the largest port operators in India.

Dun & Bradstreet D-U-N-S® No 87-419-7800

Essel Business Excellence Services Limited

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Plot # 19&20, Sector 16 A, Film City, Noida - 201301, UP
www.esselebex.com - 91-120-4996904

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Sector Category Management Details
Professional & Business Services SME Managing Director & CEO Mr. Irendra Chhabra
Essel Business Excellence Services Limited (EBEX) is a group company of Essel Group and is one of the first shared services provider for

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media and entertainment industry.

Dun & Bradstreet D-U-N-S® No 67-676-9458

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Essem Srinisons Systems Private Limited
C-101, Remi Bizcourt, Plot No 09, Shah Industrial Estate, Off Veera Desai Road, Andheri (W), Mumbai - 400053, Maharashtra
www.essemsrinisons.com kishorparab@essemsrinisons.com 022-26736921
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Sector Category Management Details
Auto Components SME Managing Director Mr. Shirish Mansabdar
Essem Srinisons Systems Pvt Ltd was incorporated in 1998 and is engaged in manufacturing of PVC Cables, power cords and specialized
cable assemblies.
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Dun & Bradstreet D-U-N-S® No 85-965-6078

Estee Advisors Private Limited

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8th Floor, Block 1, Vatika Business Park, Sohna Road, Gurugram - 122001, Haryana
www.esteeadvisors.com info@esteeadvisors.com 91-124-4637700
Sector Category Management Details
Professional & Business Services SME Vice President Mr. Umesh Kumar
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Estee Advisors was established in 2008 and is a quant-based investment management company. The company provides investment
products and solutions to their customers.

Dun & Bradstreet D-U-N-S® No 72-507-8542

Evolve Brands Private Limited

249 G, Level 2, Wing A, AIHP Tower, Udyog Vihar Phase 4, Gurugram - 122015, Haryana
www.evolvebr&s.com seemam@evolvebr&s.com 91-9350859293
Sector Category Management Details
Professional & Business Services SME MD & Co-founder Mr. K. J. Singh
Evolve Brands is one of the leading India based loyalty & customer engagement services. It offers CRM and loyalty program, digital
engagement, customer analytics, data management & analytics etc.

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Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 67-592-6640

Faith Industries Limited

701, Shapath 1, Opp.Rajpath Club, SG Highway, Ahmedabad - 380015, Gujarat
www.faithind.com mail@faithind.com 91-26870890
Sector Category Management Details
Chemicals SME Managing Director Mr. Virendra Kankariya
Faith Industries was founded in 1942 and is primary involved in the manufacturing of range of value added wax based Performance
Additives for various industrial sectors.

Dun & Bradstreet D-U-N-S® No 85-882-2932

FATI General Equipments Private Limited

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194/195, Gopi Tank Road, Mahim (W), Mumbai - 400016, Maharashtra
www.fati-india.com sales@fati-india.com 91-22-24454387

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Sector Category Management Details
Electrical & Electronic Goods SME Director Mr. Raghavendra Kulkarni
The company was formed as result of JV with Italian company and is involved in the manufacturing and supplying of electrical heaters

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and heat exchangers to the clients in Asia Pacific region.

Dun & Bradstreet D-U-N-S® No 67-724-6381

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FTI Food Tech Private Limited
195 ASCO Capital Scheme no. 78, Part 2 near Daisy Dales School, Indore - 452010, MP
www.foodtechnic.com renu@foodtechnic.com 0731-4045681
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Sector Category Management Details
Professional & Business Services SME Director & Food Technologist Ms. Renu Sanghvi
FTI Food Tech is engaged in providing food technology services to the food processing industry. These include new product development,
identifying new machines and settip of new projects.
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Dun & Bradstreet D-U-N-S® No 91-716-2518

Galaxy Office Automation Private Limited

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B Wing, 602, Lotus Corporate Park, Graham Firth Compound, Opp. Raheja Ridgewood, Goregaon (E), Mumbai - 400063, Maharashtra
www.goapl.com galaxyinfo@goapl.com 91-22-4610 8777
Sector Category Management Details
IT & IT Enabled Services Mid Corporate Chairman & MD Mr. Anoop Pai Dhungat
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Galaxy Office Automation Pvt Ltd was established in the year 1987. The company provides systems integration, digital, data centre and
network solutions and services to small, medium and large enterprises.

Dun & Bradstreet D-U-N-S® No 65-005-4062

GeBBS Healthcare Solutions Private Limited

Building No.3, 1st Office Level, Mindspace, Thane - Belapur Road, Airoli, Navi Mumbai - 400708, Maharashtra
www.gebbs.com - -
Sector Category Management Details
IT & IT Enabled Services Mid Corporate Managing Director Mr. Milind Godbole
GeBBS Healthcare Solutions Pvt Ltd was established in the year 2005. The company provides revenue cycle management (RCM), health
information management (HIM) solutions and end-to-end business solutions to healthcare industry.

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 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 91-844-7921

Genetix Biotech Asia Private Limited

71/1, 1st Floor, Najafgarh Road, Shivaji Marg, City: New Delhi - 110015, Delhi
www.Genetixbiotech.com info@genetixbiotech.com 011-45027002
Sector Category Management Details
Pharmaceuticals SME Chief Executive Officer Mr. Arun Prakash
Genetix operates in the life science industry. Products offered covers a large spectrum of life sciences research which include new drug
discoveries, development and production of new biotherapeutics.

Dun & Bradstreet D-U-N-S® No 67-782-8218

Global Castings Private Limited

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1, Sardar Shankar Road, Kolkata - 700026, WB
www.globalcastings.in info@globalcastings.in 91-332-4635020

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Sector Category Management Details
Engineering & Machinery SME Managing Director Mr. Saurav Shah
Global Casting is involved in the manufacturing of ductile and grey iron castings and its key products includes municipal castings, pipe

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fittings, pumps and valves and counter weights.

Dun & Bradstreet D-U-N-S® No 87-686-0843

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Global Stones Private Limited
1, Sardar Shankar Road, Kolkata - 700026, WB
www.gstonesindia.com info@gstonesindia.com 91-141-2865186
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Sector Category Management Details
Others SME Managing Director Mr. Mayank Shah
Global Stones Private Limited commenced its operations in the year 2004. Global Stones Private Limited are the processors of Granite
and Marble Slab and Manufacturer of Engineered Quartz Surfaces.
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Dun & Bradstreet D-U-N-S® No 91-620-4238

Globe Capacitors Limited

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308, Industrial Area, N.I.T, Faridabad - 121001, Haryana

www.globecapacitors.com info@globecapacitors.com 129-4275500
Sector Category Management Details
Electrical & Electronic Goods SME Managing Director Mr. Sanjay Agarwal
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Globe Capacitors Ltd is in manufacturing world-class capacitors over 35 years. It started operations with paper/foil base technology
and gradually adapted to new technology of manufacturing metallised polypropylene capacitors.

Dun & Bradstreet D-U-N-S® No 65-033-7368

Globe Cotyarn Private Limited

1st Flr, Sanjay Bldg 7, Mittal Industrial Estate, Sakinaka, Mumbai - 400059, Maharashtra
www.globecot.co.in exports@globecot.co.in 91-22-49479700
Sector Category Management Details
Textiles & Garments SME Director Mr. Ankit Jhunjhunwala
Globe Cotyarn Private Limited operates as a manufacturer and exporter of textiles. The Company provides sateen, hemstitch, solids,
printed, and stripes cotton products. Globe Cotyarn serves customers worldwide.

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Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 91-852-1816

Gold Star Jewellery Private Limited

Plot No. 16 P/ 17/ 28/ 29 P, Gem & Jewellery Complex - 2, Block - C, Andheri East, Seepz, Mumbai - 400096, Maharashtra
www.goldstarjewellery.com india@goldstarjewellery.com 022-66947000
Sector Category Management Details
Others Mid Corporate Managing Director Mr. Ashish V. Shah
Gold Star started its business operations in 1990. It is involved in the manufacturing and export of gold, silver and diamond jewellery.

Dun & Bradstreet D-U-N-S® No 67-614-1116

Golden Precision Products Private Limited

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51, Manoj Industrial Estate, GD Ambedkar Road, Wadala, Mumbai - 400031, Maharashtra
www.goldenclutchbrake.com harmindar.singh@golden-india.com 91-9820594824

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Sector Category Management Details
Engineering & Machinery SME Chairman & MD Mr. Harmindar Singh Patheja
Golden Precision Products Private Limited is a leading manufacturer and exporter of clutch plates, brakes, friction discs, brake pads,

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charging pumps etc for automotive industry.

Dun & Bradstreet D-U-N-S® No 65-054-0045

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Goldi Solar Private Limited
101, 21st Centuary Building Ring Road, Surat - 395003, Gujarat
www.goldi.one news@goldi.one 91-261-7199999
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Sector Category Management Details
Renewable Energy Mid Corporate Managing Director Mr. Ishver Dholakiya
Goldi Solar Private Limited was incorporated in the year 2011. Goldi is involved in the manufacturing and exporting of solar PV modules.
It is a recongnized star export house.
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Dun & Bradstreet D-U-N-S® No 87-673-2446

GoodEdge Advisory Private Limited

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3401-A, 34th Floor, Lodha Bellissimo, A-wing, N M Joshi Marg, Mahalakshmi (East), Mumbai - 400011, Maharashtra
www.thegoodedge.com hello@thegoodedge.com -
Sector Category Management Details
Professional & Business Services SME Founder & Director Mr. Madhvendra Das
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The Good Edge develops and delivers intergrated communication strategies for companies, advises coporates in building, implementing
and monitoring CSR programs, provides specialised content for a range of audience etc.

Dun & Bradstreet D-U-N-S® No 65-014-1476

Gracure Pharmaceuticals Limited

251-254, 2nd Floor, DLF Tower, Block - IV, 15 Shivaji Marg, New Delhi - 110015, Delhi
www.gracure.com info@gracure.com 91-11-47770900
Sector Category Management Details
Pharmaceuticals SME Managing Director A. S. Bhargava
Gracure Pharmaceutical Ltd. was established in 1992 and is engaged in the research, development, manufacturing, sourcing, marketing
and distribution of high-quality pharmaceutical products. The manufacturing facilities are located in Rajasthan.

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 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 91-859-8504

Grand Prix Engineering Private Limited

1312, Chiranjiv Tower-43, Nehru Place, New Delhi - 110019, Delhi
www.grandprixfilters.com mail@grandprixfilters.com 91-11-41608707
Sector Category Management Details
Engineering & Machinery SME Executive Director Mr. Dharminder Sharma
Grand Prix Engineering Private Limited is a multi-product, manufacturing company and is involved in design, engineering, manufacturing
and supply of equipment & package to oil & gas, refining and similar industries.

Dun & Bradstreet D-U-N-S® No 65-013-9330

Grauer & Weil (India) Limited

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Growel Corporate, Akurli Road, Kandivli (E), Mumbai - 400101, Maharashtra
www.growel.com hq@growel.com 91-22-66993000

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Sector Category Management Details
Chemicals Mid Corporate Chairman Mr. Umeshkumar More
Grauer & Weil (India) is engaged in the manufacture of electroplating, allied chemicals, engineering plants and surface coating. It also

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offers basic and intermediatory chemicals, paints, enamels and varnishes, among others.

Dun & Bradstreet D-U-N-S® No 65-061-2083

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GS Caltex India Private Limited
215 Atrium, C Wing, # 816, Chakala, &heri-Kurla Road, Andheri East, Mumbai - 400059, Maharashtra
www.gscaltexindia.com wecare@gscaltexindia.com 022- 61370000
Br
Sector Category Management Details
Others Mid Corporate Managing Director & CEO Mr. Rajesh Nagar
GS Caltex India is a 100% owned subsidiary of GS Caltex Corporation, South Korea. It was incorporated in 2010 in India. It is engaged in
providing high quality premium lubricant products.
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Dun & Bradstreet D-U-N-S® No 87-682-8436

H. K. Jewels Private Limited

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1701- A, The Capital, ‘B’ Wing, 17th Floor, Opp ICICI Bank, Bandra Kurla Complex, Bandra (E), Mumbai - 400051, Maharashtra
www.kisna.com research@hk.co 022-67160000
Sector Category Management Details
Others Mid Corporate General Manager Mr. Parag A Shah
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H. K. Jewels Pvt.Ltd it is involved in the manufacturing and exports of diamond and gold jewellery under the brand name KISNA. The
manufacturing unit is located in Surat.

Dun & Bradstreet D-U-N-S® No 86-421-9935

H. L. Agro Products Private Limited

40/42 Naya Chowk, Parade, Kanpur - 208001, UP
https://hlagro.com/ info@hlagro.com 512-2410026
Sector Category Management Details
Food Processing & Agro Products SME Director Mr. Akhilesh Sahu
H. L. Agro Products operates in food processing business and is engaged in manufacturing, marketing & supply of sesame & starch
commodities, which are used as food and beverage ingrediants.

169
Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 91-808-6877

HD fire Protect Private Limited

D-62, Road No. 34, Wagle Estate, Thane - 400604, Maharashtra
www.hdfire.com info@hdfire.com 91-22-21582600
Sector Category Management Details
Engineering & Machinery SME Managing Director Mr. Harish Dharmashi
HD Fire Protect Pvt Ltd was established in 1990. The company’s business operations include design, development and manufacture of
fire fighting equipment and systems, including standard and customized solutions.

Dun & Bradstreet D-U-N-S® No 86-428-2406

Hemraj Industries Private Limited

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46 B, Rafi Ahmed Kidwai Road, 1st Floor, Kolkata - 700016, WB
www.hemrajgroup.com hemrajexport@gmail.com 033-40649316

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Sector Category Management Details
Food Processing & Agro Products Mid Corporate Director Mr. Tapan Kumar Agarwala
Hemraj Industries Private Limited operates in Food Processing & Agro Products sector.The company commenced its business from

st
1991.The products provided by the company are Rice, De-oiled Extraction, Edible Oil.

Dun & Bradstreet D-U-N-S® No 65-043-6868

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Hero Exports Private Limited
Hero Nagar, GT Road, Ludhiana - 141003, Punjab
www.heroexports.com Info.exports@heroeco.com 91-11-41820000
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Sector Category Management Details
Engineering & Machinery SME Partner Mr. Gaurav Munjal
Hero Exports began its journey in 1993 with the export of bicycles. It provides products like Automotive Components, Bicycles, Electric
Bikes, Medical Equipment, Metals, Consumer Goods and Engineering Products.
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Dun & Bradstreet D-U-N-S® No 67-611-6752

Hero Mindmine Institute Private Limited

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264, Okhla Industrial Estate, Phase – III, New Delhi - 110020, Delhi
www.heromindmine.com contact@heromindmine.com 91-11-47467000
Sector Category Management Details
Education & Health Services SME COO - Strategy & Operations Mr. Pankaj Taneja
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Hero Mindmine Institute Private Limited was incorporated in 2007. It is a part of the Hero Brand and provides business and people
transformation services through training and consulting modules.

Dun & Bradstreet D-U-N-S® No 91-846-8521

Hosmac India Private Limited

120,Udyog Bhavan,Sonawala Lane, Goregaon (East), Mumbai - 400063, Maharashtra
www.hosmac.com contact@hosmac.com 91-22-67237000
Sector Category Management Details
Professional & Business Services SME Managing Director Dr. Vivek Desai
Hosmac India Private Limited was founded in 1996. It provides advisory services on architecture and engineering, public health and
healthcare communication to businesses in healthcare industry.

170
 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 67-709-6188

HR Anexi Private Limited

505-506 Kshitij Building, Veera Desai Road, Andheri West, Mumbai - 400053, Maharashtra
www.hranexi.com info@hranexi.com 022-67401000
Sector Category Management Details
Professional & Business Services SME Managing Director Mr. Ashish Arora
HR Anexi provides an array of HR services which include alignment of HR strategy with overall business strategy, creating policies and
process flows, performance management, employee development and engagement.

Dun & Bradstreet D-U-N-S® No 85-895-8108

HTL Aircon Private Limited

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38, Nand Ghanshyam Ind. Estate, Near Sun Pharma, Off. Mahakali Caves Road, Andheri (E), Mumbai - 400093, Maharashtra
www.htlaircon.com sales@htlaircon.com 91-9820073753

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Sector Category Management Details
Professional & Business Services SME Managing Director Mr. Lavinder Singh Duggal
HTL Aircon is involved in designing an optimum Energy Solutions & Retrofits where the existing system is replaced by high efficiency

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chillers and VRV Systems along with VAV & VFD’s.

Dun & Bradstreet D-U-N-S® No 67-624-3351

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HTP Global Technologies Private Limited
901 – Techniplex-II, Off S. V. Road, Goregaon West, Mumbai - 400062, Maharashtra
www.htpglobaltech.com rajiv.jain@htpglobaltech.com 022-61960901
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Sector Category Management Details
IT & IT Enabled Services SME Managing Director Mr. Rajiv Jain
HTP Global Technologies Private Limited commenced its operations in the year 1999. The Company provides Managed IT Services,
System Integration, IT enabled Services, Smart Health services.
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Sector Category Management Details

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Sector Category Management Details

171
Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 65-031-8223

HYT Engineering Company Private Limited

About the company
HYT Industrial corporation established in 1977 were merged in HYT Engineering Co. Pvt. Ltd.
(HECPL) in the year 1989. HYT Engineering Co Pvt. Ltd is the pioneer manufacturer of various
machines for Indian Railways for 42 years. HYT, manufactures high precision special purpose CNC
machines required for Railways Rolling Stock Maintenance. Products of HYT find application in
diversified use namely with Indian Railways, Defence, PSU and Private Sector companies engaged
in Heavy Engineering Activities. HYT has also supplied good number of machines to various metros
in India as well as globally. HYT is also a global partner in the supply of these machinery and has
contributed to its various customers worldwide which include large multinational corporations

Bhojraj Hemraj Teli
Chairman & MD
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such as Alstom, GE, SMH Rail, Malaysia, Naledi Rail, South Africa, Sri Lanka Railways, Bangkok
Metro, etc. HYT is highly known for its design excellence, innovation and customer-centric attitude.
HYT has an Ultra-Modern Facility of 16,000 square metres for design, manufacturing and testing

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of machines.

Sector HYT believes in providing turnkey solutions from design, manufacturing to after-sales maintenance.
The company plans to be a global player by executing railway projects and supplying machine tools
Engineering & Machinery
worldwide. The company uses environmentally best practices in manufacturing and engages in

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Category various CSR activities such as providing healthcare and education to the masses.
Mid-Corporate Segment Under the Make in India initiative, company has manufactured & supplied Rail cum Road Vehicles
Management Details (Shunter) hot spring coiling machine & end tapering machine for railway spring manufacturing to
ad
the Indian Railway.
Chairman & MD
Bhojraj Hemraj Teli Operations
Directors HYT has 3 major segments:
Rajashri Bhojraj Teli 1. Manufacturing
Shailaja Bhojraj Teli The company has developed and manufactured the following machines:
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ƒƒ CNC Surface (Above floor) Wheel Lathe ƒƒ Multipurpose Armature machine

Contact Details
Plot No. 29/10, 29/10/1,
29/10/2, D-II Block, MIDC,
Chinchwad, Pune – 411019,
&
ƒƒ CNC Underfloor (Pit) Wheel Lathe ƒƒ Automated Train Washing Plant
ƒƒ CNC Portal Wheel Lathe ƒƒ Rail cum Road Vehicle (Shunter)
ƒƒ CNC Vertical Turning & Boring machine ƒƒ Special purpose machines & equipment
ƒƒ Axle Journal Turning & Burnishing Lathe

Maharashtra
Website: www.hytwheellathes.com
Email: info@hytwheellathes.com
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2. EPC turnkey & Infrastructure projects.
HYT undertakes various projects on a turnkey basis like:
• Wheel Repair/Maintenance Shop • Fully Automatic Wheel & Axle assembly line.
• Railways/Metro Maintenance Depots/Shops • Spring Manufacturing Plant.

Key Business Highlights

• Rolling Stock Manufacturing Plant
• It fulfils 95% of Indian
Railways’ requirement for 3. Service & AMC, Reconditioning & One-time repair of machine supplied
CNC surface wheel lathes &
Innovation highlights:
CNC underfloor wheel lathe
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• Has developed over 86
different types of machine
and has supplied more than
700 machines to railways
• Accredited with ISO
9001:2015 certification.
• Implementation of Industry
4.0 in HYT’s products and
services.
ƒƒ Successfully implemented predictive
maintenance and production data
management in live with industry
4.0 on machines which will predict
upcoming maintenance requirements
of the machines helping in controlling
& reducing breakdown time of the
machines and will upload production
data to designated e-mail id/s/ERP
system of customer.
ƒƒ Developed and successfully implemented
a CNC software to identify the minimum
material removal for re-profiling, of a
worn-out wheel set.
ƒƒ Developed and successfully implemented
a software on SQL platform to upload
production and quality data of wheel set
assembly to customer database.
ƒƒ Developed and successfully implemented
wheel set handling system for surface
wheel lathe machine.
ƒƒ Developed and successfully implemented
CNC wheel boring machine to complete
rough boring of railway wheel disc in 1
minute.
ƒƒ Developed and successfully implemented
integrated wheel set assembly to
assemble railway wheel set in 4 minutes.

172 Advertorial
 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 91-599-5514

Ice Make Refrigeration Limited

226, Dantali Industrial Estate, Gota-Vadsar Road AT Dantali, Tal. Kalol, Gandhinagar - 382721, Gujarat
www.icemakeindia.co.in md@icemakeindia.com 91-9727762427
Sector Category Management Details
Engineering & Machinery SME Chairman & MD Mr. Ch&rakant Patel
Ice Make Refrigeration Ltd was established in the year 1993. The company’s business includes manufacturing and supply of refrigeration
products and equipments and also provide customised cooling solutions.

Dun & Bradstreet D-U-N-S® No 65-095-7298

Ichiban Crop Science Limited

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Unit-708, Best Sky Tower, NSP, Pitampura - 110034, Delhi
www.ichiban.net.in info@ichiban.net.in 011-45271800

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Sector Category Management Details
Chemicals SME Managing Director Mr. Nikhil Aggarwal
Ichiban Crop Science Limited was established in the year 2015. The company operates in the agro chemicals sector. The products

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manufactured by the company are insecticides, pesticides and herbicides.

Dun & Bradstreet D-U-N-S® No 87-682-3843

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Iclean Hollow Metal Systems Private limited
R.S No. 21/3 & 26/3, Garikapadu Village, Anumanchipalli Panchayat, Jaggaiahpet Mandal, Jaggaiahpet - 521175, AP
www.icleanhollowmetal.com info@icleanhollowmetal.com 91-8886394443
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Sector Category Management Details
Engineering & Machinery SME Director K. Gopi
Iclean Hollow Metal Systems Pvt Ltd was incorporated in the year 2015. The company’s business operations include manufacturing of
hollow metal doors for commercial, residential and industrial sectors.
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Dun & Bradstreet D-U-N-S® No 87-412-5267

Imperative Business Ventures Private Limited

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103 Sadhguru Aparment Near Palkhi Society Nanepada Mithagar Mulund East, Mumbai - 400081, Maharashtra
www.theimperative.in director@theimperative.in 91-22-62558786
Sector Category Management Details
IT & IT Enabled Services SME Managing Director Mrs. Manjusha S Paithankar
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Imperative Business Ventures commenced its operations in 2011. The company provides end-to-end industry specific technology and
business transformation consulting services to enable their clients achieve exponential growth.

Dun & Bradstreet D-U-N-S® No 65-080-3476

Indus Net Technologies Private Limited

Module 532, SDF Building, Sector V Saltlake, Kolkata - 700091, WB
www.indusnet.co.in info@indusnet.co.in 080-47092630
Sector Category Management Details
IT & IT Enabled Services SME Founder & CEO Mr. Abhishek Rungta
Indus Net Technologies Private Limited started is operations in 1997. The company offers services such as Digital Consulting, Web
Apps, Mobile Apps, Digital Marketing, Analytics, Cloud Infra.

173
Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 65-013-0354

Industrial Plants & Waste Treatment Corporation

IPWT House, Suite B2, Plot no. 34, Deonar Ancilliary, Industrial Complex, Deonar, Govandi (W), Mumbai - 400043, Maharashtra
www.ipwtgroupindia.com ipwt@vsnl.com 022-25559191
Sector Category Management Details
Engineering & Machinery SME Chief Executive Officer Mr. Rajesh Khatwani
IPWT was established in 1971. It provides equipments and instruments for water supply sewerage, sanitation, solid waste, air pollution
& recently, to oil & gas, for both, new & refurbishment work.

Dun & Bradstreet D-U-N-S® No 87-211-1258

Inspace Technologies Private Limited

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AA Business Centre, Fourth Floor, Old Door No.94/1 & 2, New No.27 and 28, East Park Road, Shenoy Nagar, Chennai - 600030, TN
www.inspacetech.com - 044-43531781

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Sector Category Management Details
IT & IT Enabled Services SME Founder & CEO Mr. S. Viswanathan
Inspace started is operations in 2008 and offers technology consulting services to medium and large sized enterprises and enable them

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achieve optimal performance of their IT infrastructure.

Dun & Bradstreet D-U-N-S® No 86-449-1921

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Insynergy Supply Chain Solutions Private Limited
A-41, 1st Floor, Sector- 64, Noida - 201301, UP
www.insynergyindia.com noida@insynergyindia.com 91-0120-4868990
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Sector Category Management Details
Transportation & Logistics SME Managing Director Mr. Arun Kumar
InSynergy was incorporated in 2010, with an objective of providing integrated logistics solutions to companies in India. InSynergy is a
registered Multi Modal Transport Operator and a registered Customs Broker.
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Dun & Bradstreet D-U-N-S® No 65-044-8392

Integra Micro Systems Private Limited

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4, Bellary Road, 12th KM post, Jakkur, Bengaluru - 560064, Karnataka

www.integramicro.com info@integramicro.com 91-80-28565801
Sector Category Management Details
IT & IT Enabled Services SME Director Mr. Mahesh Kumar Jain
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Integra provides innovative hi-technology products and solutions to the Government, BFSI and Telecom industry. These include office
automation products, products for billing, communications and utility software products in the telecom industry.

Dun & Bradstreet D-U-N-S® No 87-411-8017

Interactive Bees Private Limited

28/7, Ground Floor, Nangia Park Chowk, Block 29, Shakti Nagar - 110007, Delhi
www.interactivebees.com info@interactivebees.com 91-7042083888
Sector Category Management Details
Professional & Business Services SME Director Ms. Monica G Pradeshta
Interactive Bees is a complete brand communication agency, providing marketing communication solutions for its clients. From brand
identity creation, communication style and design creation, print designs,Films to events, designs, etc.

174
 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 87-215-1620

Interactive Manpower Solutions Private Limited

1/2, Indraprasth Business Park, Near DAV School, Prahladnagar Extension, Makarba, Ahmedabad - 380051, Gujarat
www.imspeople.com info@imspeople.com 91-7968274444
Sector Category Management Details
IT & IT Enabled Services SME Director Mr. Amit Somaiya
Interactive Manpower Solutions Pvt Ltd was established in the year 2006. The company provides offshore and global recruitment
sevices which includes recruitment, administration, accounting support and many more.

Dun & Bradstreet D-U-N-S® No 91-959-1771

Interfab Electronics (India) Private Limited

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PAP R-207 to 210, Opp.Dol electric, Plot no 958, Rabale, Navi Mumbai - 400701, Maharashtra
www.interfabindia.com info@interfabindia.com 022-27689177

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Sector Category Management Details
Electrical & Electronic Goods SME Managing Director Mr. Deepak G Sawant
Interfab Electronics (India) operates in the field of surface mount technology & hybrid microelectronics. it provides total solution

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starting from design conversion, selection of right product mix, prototype evaluation among others.

Dun & Bradstreet D-U-N-S® No 91-600-9191

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InterGlobe Technology Quotient Private Limited
6th Floor, Tower 6, Candor Tech Space, Tikri, Sector 48, Gurugram - 122018, Haryana
www.itq.in marketing@galileo.co.in 91-124-4284800
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Sector Category Management Details
IT & IT Enabled Services Mid Corporate President & CEO Mr. Anil Parashar
InterGlobe Technology Quotient Pvt Ltd was incorporated in the year 2005. The company is a technology distributor and also provides
data processing services, travel technology solutions and support services.
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Dun & Bradstreet D-U-N-S® No 86-211-4972

Jabs International Private Limited

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A-350, T.T.C. Industrial Area, M.I.D.C., Mahape, Navi Mumbai - 400710, Maharashtra
www.jabsinternational.com jabs@jabsinternational.com 022-27784500
Sector Category Management Details
Food Processing & Agro Products Mid Corporate Managing Director Mr. Bhaskar Shah
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Jabs International Private Limited is engaged in the manufacture and export of spices, oil seeds, pulses, nuts and other agro products
in India as well as over 75 countries.

Dun & Bradstreet D-U-N-S® No 65-045-3194

Jai Bharat Gum & Chemicals Limited

Siwani Mandi, Bhiwani - 127046, Haryana
www.jbgc.com kst@jbgc.com 91-9813517352
Sector Category Management Details
Food Processing & Agro Products Mid Corporate Director Mr. K. S. Talwar
Jai Bharat is one of the largest manufacturer of Guar Gum products and has two manufacturing facilities one for Guar Dehusked Splits
and the second for Guar Gum Powder.

175
Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 65-005-2397

Jesons Industries Limited

904, Peninsula Tower, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel (W), Mumbai - 400013, Maharashtra
www.jesons.net info@jesons.net 91-9867024179
Sector Category Management Details
Chemicals Mid Corporate Chairman & MD Mr. Dhiresh Gosalia
Jesons is one of the leading manufacturers of acrylic emulsion manufacturer in India and supplies adhesives and emulsions all over
India and also serves overseas market.

Dun & Bradstreet D-U-N-S® No 87-371-2875

JNK India Private Limited

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Nitco Biz Park, Wagle Industrial Estate, Thane (W) - 400604, Maharashtra
www.jnkindia.com enquiry@jnkindia.com 022-49088000

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Sector Category Management Details
Professional & Business Services SME Director Mr. Arvind Kamath
JNK Heaters Company Limited is a leading manufacturer and supplier of hot oil heater, engineering hydroheaters and gas fired thermic

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fluid heater.

Dun & Bradstreet D-U-N-S® No 67-709-7066

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JNR Management Resources Private Limited
327, Ansal Chambers-II, 6, Bhikaji Cama, New Delhi - 110066, Delhi
www.jnrMr.com mail@jnrmanagement.com 91-11-26187385
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Sector Category Management Details
Digital & Fintech Solutions SME Director & CEO Mr. Prashant Jain
JNR Management Resources was established in 2003. The company is involved in providing IT security solutions such as SSL cetificates,
hardware security module (HSM), multifactor authentication solutions, Iot solutions, etc.
&

Dun & Bradstreet D-U-N-S® No 65-060-7935

Jyoti Threads (India) Limited

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Bhawanigarh Road, Samana - 147101, Punjab

www.jyotigroUttar Pradesh.com - 91-9888676000
Sector Category Management Details
Textiles & Garments SME Chairman & MD Mr. Madan Lal Singla
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Jyoti Group was incorporated in 2011 and is engaged in the production of textile yarn. The Company is a renowned manufacturer and
exporter of specially cotton yarn.

Dun & Bradstreet D-U-N-S® No 87-682-1728

K A Wires Limited
Chatterjee International Centre 33A Chowringhee Road, Suite 8 & 11, Floor 11, Kolkata - 700071, WB
www.kawires.com info@kawires.com 91-33-22262312
Sector Category Management Details
Others SME Managing Director Mr. Sandip Kejriwal
K A Wires Limited started the journey in 2009 as manufacturer of Zinc & Aluminium Wires with International Quality Standards,
Superior Product Quality & Unbeatable Service based in India.

176
 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 67-578-5968

Kalashree Engineering
S No. 144, Naina Industrial Estate, Pune - Saswad Road, Ganeshnagar, Phursungi, Pune - 412308, Maharashtra
www.kalashreeengineering.com Response@kecpune.com 91-8600042514
Sector Category Management Details
Engineering & Machinery SME Partner Mr. Krishnat B. Adsul
Kalashree Engineering was established in 1994 at Pune. The Company is engaged in manufacturing of CNC Machine, Slide way Cum
Surface Grinding Machine, Floor Boring Machine, etc.

Dun & Bradstreet D-U-N-S® No 91-850-6184

Kanchan Vanijya Private Limited

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133, Mahendra Roy Lane, Kolkata - 700046, WB
www.klasseleather.com rajeevji@klasseleather.com 91-9163391412

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Sector Category Management Details
Others SME Director Mr. Rajeev G Pradeshta
Kanchan Vanijya (P) Ltd, is engaged in manufacturing and exporting of leather goods elegantly handcrafted out of handpicked leathers,

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working under the brand name of “Klasse Leather Goods & Accessories”

Dun & Bradstreet D-U-N-S® No 91-816-6018

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Kariwala Industries Limited
Kariwala Towers J 1-5, Block EP, Sector V, Salt Lake City, Kolkata - 700091, WB
www.kariwala.com info@kariwala.com 91-33-66527000
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Sector Category Management Details
Textiles & Garments SME Chief Executive Officer Mr. Anil Kariwala
Kariwala Industries Ltd was founded in 1989. The company is engaged in manufacturing and export of textile products including
uniforms, workwear, bottomwear, outerwear, corporate clothing, fashion accessories and many more.
&

Dun & Bradstreet D-U-N-S® No 91-862-7345

KHS Machinery Private Limited

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Mehemdabad Highway, Ahmedabad - 382435, Gujarat

www.khs.com info@khs.com 91-9824182614
Sector Category Management Details
Engineering & Machinery Mid Corporate Managing Director Mr. Yatindra Sharma
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KHS Machinery is engaged in the manufacturing of bottle filling machine, labeling machines, pressure filling system Dmd, crown cork
capper and automatic cap sealing machine and other packaging machinery.

Dun & Bradstreet D-U-N-S® No 65-046-2898

KIC Metaliks Limited

"Sir RNM House" 3B, Lal Bazar Street 4th Floor, Room No. 2, Kolkata - 700001, WB
www.kicmetaliks.com info@kicmetaliks.com 91-033-22103301
Sector Category Management Details
Engineering & Machinery Mid Corporate Chairman & MD Mr. Radhey Shyam Jalan
KIC Metaliks Ltd is engaged in the manufacture of pig iron & Trading of coking coal & low ash metallurgical coke (LAMC).

177
Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 65-059-3507

Klaus IT Solutions Private Limited

7, Albert Street, Richmond Town, Bengaluru - 560025, Karnataka
www.klausit.com contact@Klausit.com 91-80-49016111 / 4488
Sector Category Management Details
IT & IT Enabled Services SME Director Ms. Rajashree Sampath
Klaus IT was founded in 2011 India with the vision to provide advanced IT Solutions to business houses. Klaus provides services through
innovation, technical expertise and fair business practices.

Dun & Bradstreet D-U-N-S® No 87-405-5021

Kloudq Technologies Limited

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303, B-Junction, Survey no.-1/2, near karve statue, kothrud, Pune - 411038, Maharashtra
www.kloudq.com rajesh.phadke@kloudq.com -

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Sector Category Management Details
IT & IT Enabled Services SME Managing Director & CEO Mr. Rajesh Phadke
Kloudq Technologies Ltd provides IT solutions to FMCG, Automobiles, Building & Construction, Auto-components, Capital goods,

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Package Foods & Dairy, Construction equipment’s and Consumer goods industry.

Dun & Bradstreet D-U-N-S® No 91-537-1923

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Laxmi Agro Industrial Consultants & Exporters Limited
 24, Rahul Apartment, 24, Ansari Rd, Daryaganj, New Delhi - 110002, Delhi
www.skgroUttar Pradesh.org  exim@skgroup.org 91-11-23279988
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Sector Category Management Details
Chemicals Mid Corporate Managing Director Mr. Sushil GUttar Pradeshta
Laxmi Agro Industrial Consultants & Exporters is engaged in the manufacturing and export of LABSA 90% and spent sulphuric acid to
meet the requirement of commercial and industrial clients.
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Dun & Bradstreet D-U-N-S® No 86-316-6094

Lemon Technomist Private Limited

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F02 to F06, DTA Section, Gem & Jewellery Park, Gujarat Hira Bourse, Ichhapore, Surat - 394510, Gujarat
www.lemontechnomist.com janak@lemontechnomist.com 91-0261-2290555
Sector Category Management Details
Engineering & Machinery SME Director Mr. Janak A. Mistry
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Lemon Technomist provides diamond imaging and planning technologies to the gems and jewelley industry. These technologies
include maxi machines, rough planning machines, polish planning machines etc.

Dun & Bradstreet D-U-N-S® No 65-013-9199

Lincoln Pharmaceuticals Limited

Bh. Satyam Complex, Science City Road, Sola, Ahmedabad - 380062, Gujarat
www.lincolnpharma.com info@lincolnpharma.com 91-79-41078000
Sector Category Management Details
Pharmaceuticals Mid Corporate Chairman Mr. Kishorbhai M Shah
Lincoln Pharmaceuticals Limited started its business operations in 1978. The Company is engaged in the manufacturing and trading of
pharmaceuticals products.

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 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 65-070-8543

Litmus Organics Private Limited

B-115, Vardhaman Complex Premises, LBS Marg, Vikhroli (W), Mumbai - 400083, Maharashtra
www.litmus.co.in komal@litmus.co.in 91-9820378798
Sector Category Management Details
Chemicals SME Managing Director Mr. Shubang Shah
Litmus Organics Pvt. Ltd. began its operations in 2005. It is engaged in the manufacturing of niche and finest chemicals. The company’s
manufacturing is located at MIDC Lote Parshuram.

Dun & Bradstreet D-U-N-S® No 86-453-6827

Maan Aluminium Limited

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4/5 1st Floor, Asaf Ali Road, New Delhi -110002, Delhi
www.maanaluminium.com info@maanaluminium.in 91-11-40081800

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Sector Category Management Details
Engineering & Machinery Mid Corporate CEO & Director Mr. Sandeep Verma
Maan Aluminium Ltd commened its opreation in 2003. The company manufactures and supplies aluminium products such as

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extrusions, billets and ingots.

Dun & Bradstreet D-U-N-S® No 65-032-7661

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Machino Plastics Limited
128 & 129, Sector 8, IMT, Manesar, Gurugram - 122050, Haryana
www.machino.com admin@machino.com 91-124-2341218
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Sector Category Management Details
Auto Components Mid Corporate Chief Managing Director Mr. Sanjiivv Jindall
Machino Plastics Ltd. was established in 1987 and is enaged in the manufacturing of plastic bumper and dashboard for automotive
industry. It has its own state-of-art- plastic moulding product division.
&

Dun & Bradstreet D-U-N-S® No 65-048-4900

Madras Fluorine Private Limited

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No. 71, 4th Main Road, Gandhinagar, Adyar, Chennai - 600020, TN

www.mfplfluorine.com sales@mfplfluorine.com 044-24426830 / 0654
Sector Category Management Details
Chemicals SME Managing Director Mr. B. Venkteshwar
D

Madras Fluorine Private Limited established in the year 1975. MFPL is engaged in the manufacturing and exporting of Specialty
Inorganic Fluorine Chemicals in India and in global markets.

Dun & Bradstreet D-U-N-S® No 65-048-8083

Maksteel Wire Healds Private Limited

880/3 GIDC, Makarpura, Vadodara - 390010, Gujarat
www.maksteel.com maksteel@maksteelindia.com 91-265-2632236
Sector Category Management Details
Engineering & Machinery SME Director Mr. Arpit Sidhpura
Maksteel is engaged in the manufacturing of textile weaving machine accessories. It also manufactures accessories and parts for all
types of Jacquard Harness looms. It supplies products in India and 22 countries.

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Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 65-007-6243

Malladi Drugs and Pharmaceuticals Limited

No.9, GST Road, ST. Thomad Mount, Chennai - 600016, TN
www.malladi.com info@malladi.co.in 91-44-39876900
Sector Category Management Details
Pharmaceuticals Mid Corporate Managing Director Mrs. Shreya
Malladi was founded in the year 1980 and within a short span of time, it grew up to become the one of the leader in manufacturing
Ephedrine and Pseudoephedrine salts.

Dun & Bradstreet D-U-N-S® No 65-030-3225

Mallcom India Limited

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EN-12, Sector - V, Salt Lake, Kolkata - 700091, WB
www.mallcom.in sales@mallcom.in 91-33-40161000

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Sector Category Management Details
Textiles & Garments Mid Corporate Managing Director Mr. Ajay Kumar Mall
Mallcom Ltd. is of the leading manufacturer of personal protective equipments for head to toe protection. It produces numerous

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product categories covering head to toe such as helmets, face masks, garments.

Dun & Bradstreet D-U-N-S® No 86-042-5341

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Marine Hydrocolloids
Deepa Building, Chullickal, Kochi - 682005, Kerala
www.meron.com info@meron.com 91-484-2227241
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Sector Category Management Details
Food Processing & Agro Products SME General Manager P S B Shenoy
Marine Hydrocolloids is of the leading manufacturer and exporter of Agar Agar in India. The product finds application in the commercial
tissue culture laboratories in India and the world.
&

Dun & Bradstreet D-U-N-S® No 65-061-0061

Mascot Dynamics Private Limited

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Gangotri Glacier Annex, Kavesar,Opposite, Vijay Nagari, Off Ghodbunder Road, Thane (W) - 400607, Maharashtra
www.mascotdynamics.com sales@mascotdynamics.com 022- 25976464 / 65 / 67
Sector Category Management Details
Professional & Business Services SME Director Mr. Arvind Kamath
D

Mascot Dynamics provides industrial solutions for effiency, reliability improvement and maintenance services for key technology
products relevant to the Engineering, Oil & Gas, Petrochemical, Fertilizer, Pharmaceutical, Chemical and allied industries.

Dun & Bradstreet D-U-N-S® No 65-064-7543

Meril Healthcare Private Limited

Near Bilakhia Stadium, Muktanand Marg, Chala, Vapi - 396191, Gujarat
www.merillife.com askinfo@merillife.com 91-260-3052100
Sector Category Management Details
Pharmaceuticals SME Director Mr. Pramodkumar Minocha
Meril Healthcare was incorporated in 2011. It is involved in manufacturing and supply of orthopedic implants and instruments. Some
of its main produts include knee implant, hip implant system etc.

180
 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 65-049-7183

Mewar Polytex Limited

207 (A), Road No.11, Mewar Industrial Area, Madri, Udaipur - 313003, Rajasthan
www.mewarpolytex.comindex.html mewar@mewarpolytex.com 294-2491036
Sector Category Management Details
Textiles & Garments SME Director Mr. Sandeep Bapna
Mewar Polytex Limited, an associate company of Mewar Group, was incorporated in the year 1979. It is engaged in manufacturing
oglight weight PP sacks for packing minerals and chemicals.

Dun & Bradstreet D-U-N-S® No 65-068-3451

MPM Private Limited

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M-22, MIDC, Hingna Industrial Estate, Nagpur - 440016, Maharashtra
www.mpmindia.com info@mpmindia.com 91-7104-232401

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Sector Category Management Details
Chemicals SME MD & Founder Mr. Deepak Chowdhary
MPM is one of India’s leading manufacturers of foundry consumables used in casting preparation such as mold and core making,

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feeding and methoding systems and melt preparation.

Dun & Bradstreet D-U-N-S® No 91-846-1505

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MRL Tyres Limited
70/50A, First Floor, Rama Road Industrial Area, Moti Nagar, New Delhi - 110015, Delhi
www.mrltyres.com info@mrltires.com 011-49994999
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Sector Category Management Details
Auto Components Mid Corporate Managing Director Mr. Gopal Krishan Malhotra
MRL was started in 1954 and is one of the largest Manufactures of Agriculture Tyres, industrial, OTR tyres, commercial tyres, butyl
tubes, retreading products.
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Dun & Bradstreet D-U-N-S® No 65-005-2918

Mrs. Bectors Food Specialities Limited

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Theing road, Phillaur - 144410, Punjab

www.cremica.in enquiry@cremica.in 91-1826-225418
Sector Category Management Details
Food Processing & Agro Products Mid Corporate Managing Director Mr. Anoop Bector
D

The Company is one of the leading companies in the non-glucose biscuits and premium breads segment in North India, with products
sold under well-recognized brands, ‘Mrs. Bector’s Cremica’ and ‘English Oven’.

Dun & Bradstreet D-U-N-S® No 85-965-7084

Murli Krishna Pharma Private Limited

D-98, MIDC Ranjangaon, Taluka - Shirur, Pune - 412209, Maharashtra
www.murlikrishnapharma.com info@mkppl.com 91-2138-675600
Sector Category Management Details
Pharmaceuticals SME Chairman & MD Ms. Satyaramani Vadlamani
Murli Krishna Pharma was established in 2004 and engaged in the manufacturing of pre-finished formulation intermediates. The
company is also equipped to undertake formulation development projects on Oral NDDS.

181
Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 65-012-1817

Neelikon Food Dyes and Chemicals Limited

D-8, Everest, Pt.M.M.Malviya Marg, Tardeo Circle, Mumbai - 400034, Maharashtra
www.neelikon.com info@neelikon.com 91-9970004379
Sector Category Management Details
Chemicals Mid Corporate Managing Director Mr. Mukund Turakhia
Neelikon manufactures dyes, pigments & lakes for food, pharmaceutical, cosmetic, personal care and inkjet ink industries. It also
manufactures specialty fluorescent dyes used for daylight fluorescent pigments and other industrial applications.

Dun & Bradstreet D-U-N-S® No 65-008-1961

Neogen Chemicals Limited

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1002, Dev Corpora, Cadbury Junction, Eastern Express Highway, Thane (W) - 400601, Maharashtra
www.neogenchem.com sales@neogenchem.com 91-22-25497300

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Sector Category Management Details
Chemicals SME Chairman & MD Mr. Haridas Kanani
Neogen Chemicals Ltd specializes in Bromine based compounds, Grignard Reagents and Inorganic Lithium Salts. It also has competencies

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in other related products like Alkylation, Acylation, Friedel Craft,Couplings Chlorination etc.

Dun & Bradstreet D-U-N-S® No 91-843-6726

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Newgen Software Technologies Limited
A-6, Satsang Vihar Marg Qutab Institutional Area, New Delhi - 110067, Delhi
www.newgensoft.com - 91-11-40770100
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Sector Category Management Details
IT & IT Enabled Services Mid Corporate Customer Marketing Expert Ms. Tanu Taneja
Newgen Software is a global provider of business process management, enterprise content management , customer communication
management solutions with a footprint in 66 countries.
&

Dun & Bradstreet D-U-N-S® No 86-396-4783

Newtronic Lifecare Equipment Private Limited

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Kanakia Wall Street, A-Wing 612, 6th Floor, Chakala, Near Chakala Metro Station, Andheri (E), Mumbai - 400093, Maharashtra
www.newtronic.in service@newtronic.in 022-68534600
Sector Category Management Details
Engineering & Machinery SME Managing Director N M Mehta
D

Newtronic Lifecare has established itself as one of the leading brands in the space of Laboratory Equipments. The company commenced
its operations in 1976.

Dun & Bradstreet D-U-N-S® No 91-840-8725

Nirmal Industrial Controls Private Limited

Samriddhi, LBS Rd, Mulund W, Mumbai - 400080, Maharashtra
www.nirmal.co.in info@nirmalindustries.com 022-25608668
Sector Category Management Details
Engineering & Machinery SME Director Mr. Prakash Desai
Nirmal was established in 1973 and offers control valve products to industries like oil & gas, petrochemical & refineries, pharmaceutical,
plastic and nuclear power industries.

182
 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 91-810-8296

Nuberg Engineering Limited

Nuberg House A 38 H Sec - 64, Noida, Gautam Buddha Nagar, Noida - 201301, UP
www.nubergindia.com aruntyagi@nuberg.in 91-8048415317
Sector Category Management Details
Engineering & Machinery Mid Corporate Managing Director Mr. Anit Tyagi
Nuberg Engineering is a Project Engineering & Turnkey Contracting organization with global operations. Key services provided include
engineering design, procurement, implementation commissioning in field of chemical, Petrochemical, Synthetic fiber etc.

Dun & Bradstreet D-U-N-S® No 92-012-2558

OBEETEE Private Limited

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Bisunderpur, Civil Lines, Mirzapur - 231001, UP
www.obeetee.com - 05442-252304

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Sector Category Management Details
Textiles & Garments Mid Corporate Managing Director Mr. Gaurav Sharma
OBEETEE is a manufacturer & exporter of handmade woollen carpet and druggets. The products provided by the company are

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handmade woollen carpet – handknotted / tufted / woven carpet & durries.

Dun & Bradstreet D-U-N-S® No 67-636-8486

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Omega Healthcare Management Services Private Limited
33, NAL Wind Tunnel Road, Murugeshpalya, Bengaluru - 560017, Karnataka
www.omegahms.com info@omegahms.com 91-80-41557333
Br
Sector Category Management Details
IT & IT Enabled Services Mid Corporate Co-Founder and CEO Mr. Gopi Natarajan
Omega Healthcare is the leading provider of Revenue Cycle Management process and Analytics Solutions in the healthcare industry.
Company’s Technology-driven solutions and services are delivered by more than 13,000 qualified employees.
&

Dun & Bradstreet D-U-N-S® No 91-617-8392

OmniActive Health Technologies Limited

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Unit No. T-8b, Phoenix House Phoenix Mills Compound, 462, S B Marg, Lower Parel, Mumbai - 400013, Maharashtra
www.omniactives.com - 91-22-24970003
Sector Category Management Details
Food Processing & Agro Products Mid Corporate Managing Director Mr. Sanjay Mariwala
D

OmniActive delivers health solutions which include Nutritional Innovations & Solutions and Specialty Botanicals & Extracts-with special
focus on the categories of healthy living and healthy aging.

Dun & Bradstreet D-U-N-S® No 65-008-0703

Oneiro Chemicals Private Limited

ABS Towers, 1st Floor Old Padra Road, Vadodara - 390007, Gujarat
www.oneirochemicals.net marketing@oneirochemicals.net 91-9879564030
Sector Category Management Details
Pharmaceuticals SME Chairman Mr. Dushyant D. Patel
Established in 2004, Oneiro is involved in the manufacturing of a range of pharmaceutical intermediates/ingredients that are used as
raw materials for a spectrum of functions in the pharmaceutical industry.

183
Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 65-027-3324

OnMobile Global Limited

Tower #1 94/1C & 94/2, Veerasandra Village, Attibele Hobli, Anekal Taluk, Electronic City, Phase-1, Bengaluru - 560100, Karnataka
www.onmobile.com - 91-80-40096000
Sector Category Management Details
IT & IT Enabled Services SME Chairman & CEO Francois Charles Sirois
OnMobile is involved in providing mobile entertainment solutions to carriers across the globe. It has a global consumber reach of 1.68
bn and 100+ mn active users across all product categories.

Dun & Bradstreet D-U-N-S® No 91-517-9980

Otter Controls India Private Limited

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Florina Apartment, 6th Floor, S. No. 2/1/F, Erandwane, off. Karve Road, Pune - 411004, Maharashtra
www.otterindia.com npi@otterindia.com 021-35613223

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Sector Category Management Details
Electrical & Electronic Goods SME Director Mr. Ulhas Joshi
Otter Controls India Private Limited is engaged in manufacture & supply of high precision automotive engineering components

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electrical connectors, switches, cutouts, heating-element , protectors.

Dun & Bradstreet D-U-N-S® No 65-074-8601

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Parason Machinery (India) Private Limited
4th Floor, Golden Dreams IT Park, E-27, Chikalthana MID Corporate, Near Prozone Mall, Aurangabad - 431005, Maharashtra
www.parason.com info@parason.com 91-240-2339234
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Sector Category Management Details
Engineering & Machinery SME Operation Director Mr. Kishor C Desarda
Parason is engaged in manufacturing of pulp and paper machinery. Parason offers products that are used by Kraft, Tissue, Writing
Printing and Hard Board Paper Mills across 60+ countries.
&

Dun & Bradstreet D-U-N-S® No 87-142-7462

Parveen Travels Private Limited

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AB Towers, #148, Perambur Barracks Road, Purasawalkam, Chennai - 600007, TN

www.parveentravels.com cfo@parveentravels.com 91-9840041999
Sector Category Management Details
Travel, Tourism & Hospitality Mid Corporate Managing Director Mr. A Afzal
D

Praveen Travels Private Limited started its business operations in 1967. Parveen Travels is engaged in providing end-to-end services in
travel and tourism business.

Dun & Bradstreet D-U-N-S® No 65-045-7422

PathParter Technology Private Limited

#16, PSS Plaza, New Thippasandra Main Road, H A L III Stage, Bengaluru - 560075, Karnataka
www.pathpartnertech.com sales@pathpartnertech.com 080-67722000
Sector Category Management Details
IT & IT Enabled Services SME Chief Executive Officer Mr. Tushar Kanti Adhikary
PathPartner is a specialist in product engineering, providing concept-to-production services to customers across automotive, consumer
electronics, broadcast, medical and internet-of-things industry.

184
 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 65-029-3900

Pearl Global Industries Limited

Pearl Tower, Plot no. 51, Sector 32, Gurugram - 122001, Haryana
www.pearlglobal.com info@pearlglobal.com 91-124-465 1000
Sector Category Management Details
Textiles & Garments Mid Corporate Chairman Mr. Deepak Seth
Pearl Global Industries Ltd is involved in the manufacturing of various products such as knits, woven, sweaters and bottoms in the men,
women and kids wear category.

Dun & Bradstreet D-U-N-S® No 67-546-6488

Percept Devices Marketing Private Limited

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Suite 105 C-51 Sec-62, Noida - 201307, UP
www.perceptindia.in corporatecommunications@perceptindia.in 91-22-3044 8400

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Sector Category Management Details
Electrical & Electronic Goods SME Director Mr. Sachin Mittal
Percept Devices Marketing Private Limited was established in the year 2013. Products manufactured by the company are Fire Alarm

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System, CCTV System, PA System, Access Control System and Boom Barriers.

Dun & Bradstreet D-U-N-S® No 65-074-7959

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PES Installations Private Limited
Plot No.2025, Sector - 38 Phase - II, Industrial Estate, Rai Sonipat - 131001, Haryana
www.pesinstallations.com info@pesinstallations.com 91-11-25221037
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Sector Category Management Details
Professional & Business Services SME Managing Director Mr. R. P. Chadha
PES Installations Pvt. Ltd offers wide range of solutions in the realm of medical gas pipeline systems, pre-fabricated modular and
integrated operation theatres to the Indian healthcare sector.
&

Dun & Bradstreet D-U-N-S® No 65-006-8815

Pitambra Books Private Limited

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Plot No. B-95, Bijauli Industrial Area, Bijauli, Jhansi - 284135, UP

www.pitambra-books-private-limited-largest.business.site - 0510-2720106
Sector Category Management Details
Others SME Chairman & MD Mr. Vivek Bansal
D

Pitambra Books was incorporated in the year 2001 and is involved in the operates in the printing of textbooks. The company caters to
the Asia-Pacific and African markets.

Dun & Bradstreet D-U-N-S® No 92-222-4881

Plasti Weave Industries LLP

207-A, Road No. 11, Mewar Industrial Area, Madri, Udaipur - 313003, Rajasthan
www.mewarpolytex.com mewar@mewarpolytex.com 0294-2491036
Sector Category Management Details
Plastic & Plastic Products SME Designated Partner Ms. Shilpa Bapna
Plasti Weave Industries LLP was established in the year 1979. The company is involved in manufacturing of technical textiles such as PP
woven coated lincoated fabrics and bags.

185
Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 65-073-4239

Poddar Global Private Limited

20, Engineers Enclave, Harsh Vihar Crossing, Pitampura, New Delhi - 110034, Delhi
www.poddarglobal.in info@poddarglobal.in 011-27016534
Sector Category Management Details
Others Mid Corporate Managing Director Mr. Sunil Poddar
Poddar Global Private Limited was established in 1995 and is a leading manufacturer of news print and paper products. It has
manufacturing facilities in Delhi, Mumbai, Kolkata, Cochin and Chennai.

Dun & Bradstreet D-U-N-S® No 91-801-7385

Prasol Chemicals Private Limited

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Prasol House, Plot A-17/2/3 TTC Ind. Area, Khairane MIDC, Navi Mumbai - 400710, Maharashtra
www.prasolchem.com sales@prasolchem.com 022-61952500

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Sector Category Management Details
Chemicals Mid Corporate Chairman Mr. Nishith Shah
Prasol manufactures products that are used in various sectors such as paints & coatings, thinners, agro chemeicals, lubricants,surfact

st
ants,pharmaceuticals, fragrances etc. The Company has export operations spanning across 40 countries.

Dun & Bradstreet D-U-N-S® No 65-006-8617

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Profab Engineers Private Limited
W 310, TTC Industrial Area, MIDC Pipeline Road, Rabale, Navi Mumbai - 400701, Maharashtra
www.profabengineers.com enquiry@profabengineers.com, 91-27607298
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Sector Category Management Details
Engineering & Machinery SME Director Tech Vutha Gopal
Profab Engineers is involved in manufacturing of insulated wire and cable wire, coaxial cable and other insulated conductors; insulated
strip and optical fibre cables.
&

Dun & Bradstreet D-U-N-S® No 91-596-6757

Quality Mint and Allied Chemicals

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D-24-27, Harthala Industrial Estate, Moradabad - 244001, UP

www.qualitymint.co.in - 91-7895101397
Sector Category Management Details
Chemicals SME Partner Mr. Mukul Kumar
D

Quality Mint & Allied Chemicals commenced its operations in 2009. The company is one of the leading manufacturers of essential oils,
aromatic chemicals and allied products in India.

Dun & Bradstreet D-U-N-S® No 85-997-1625

R.S. Infraprojects Private Limited

B-133, Sector-2, Noida - 201301, UP
www.rsinfra.in info@rsinfra.in 91-120-4779800
Sector Category Management Details
Electrical & Electronic Goods Mid Corporate Director Mr. Dhruv Goel
R.S. Infraprojects Pvt. Ltd. is a growing infrastructure Engineering Procurement and Construction (EPC) company in India and is engaged
in projects in the power transmission and telecommunication sectors.

186
 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 85-951-9730

Raajratna Ventures Limited

1402, Phoenix, Near Honest Restaurant, Vijay Cross Roads to Commerce Six Roads, Navrangpura, Ahmedabad - 380009, Gujarat
www.raajventures.com naresh@raajventures.com 91-9825404708
Sector Category Management Details
Engineering & Machinery Mid Corporate Managing Director Mr. Naresh Sanghvi
Raajratna Ventures Limited commenced its business operations in the year 2004. The Company is involved in manufacturing of stainless
steel fasteners & hollow ssections.

Dun & Bradstreet D-U-N-S® No 65-013-7086

RACL Geartech Limited

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B-9, Ground Floor, Pinnacle Business Park, Sector-3, Noida - 201301, UP
www.raclgeartech.com info@raclgeartech.com 91-120-4588500

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Sector Category Management Details
Auto Components SME Chairman & MD Mr. Gurusharan Singh
RACL Geartech Ltd was established in 1989 and is involved in the manufacturing of auto component products such as transmission

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gears & shafts, engine timing gears, sub-assemblies amongst others.

Dun & Bradstreet D-U-N-S® No 67-625-0643

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Ramani Precision Machines Private Limited
Plot No C 28Industrial Focal Point Derabassi Patiala - 140601, Punjab
www.ramaniprecisionmachines.com - -
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Sector Category Management Details
Engineering & Machinery SME Managing Director Mr. Hari Om Verma
Ramani Precision Machines is engaged in the manufacturing of industrial machines like automatic fillet rolling machines, automatic
caulking machines, FF receivers, automatic wire winding machines and others.
&

Dun & Bradstreet D-U-N-S® No 91-676-0122

Ravi Foods Private Limited

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7-4-112, Madhuban Colony Road, Kattedan, Hyderabad - 500077, Telangana

www.dukesindia.com info@dukesindia.com 91-7893846784
Sector Category Management Details
Food Processing & Agro Products Mid Corporate Managing Director Mr. Kumar Agarwal
D

Ravi Foods is engaged in manufacturing of food products ranging from biscuits, cookies, wafers, chocolates, candies and confectionery
items. It has 3 flagship brands - Dukes, Treff and Dynas.

Dun & Bradstreet D-U-N-S® No 87-679-5434

Renom Energy Services LLP

P.B. 438, Star House, Jaysingpur, Kolhapur - 416101, Maharashtra
www.renom.in - 020-8446341555
Sector Category Management Details
Renewable Energy SME Partner Mr. Sanjay D Ghodawat
Renom Energy Services LLP was established in 2015. The company offers Operation & Maintenance services of the assets of the
renewable energy sector, primarily for wind and solar farms.

187
Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 87-681-4751

Resonance Paper Mill Private Limited

Lajai Chokdi Hadmatiya Road, Morbi - 363641, Gujarat
www.resonancepapermill.com resonancepapermill@gmail.com 91-9983901029
Sector Category Management Details
Others SME Director Mr. Abhishek Singhal
Resonance Paper Mill Private Limited manufactures high-quality craft paper, with range from 16 to 35 BF and GSM from 100 to 300
using its paper machine with size press technology.

Dun & Bradstreet D-U-N-S® No 87-417-6987

RiseSmart HR Services Private Limited

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Marisoft-III, East Wing, 3rd Floor, Kalyaninagar, Pune - 411014, Maharashtra
www.risesmart.in jpaul@risesmart.com 020-41231221

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Sector Category Management Details
Professional & Business Services SME General Manager- India Mr. Joel Paul
RiseSmart HR Services commenced its operations in 2008. The company provides HR solutions to their customers to engage their

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employees, strengthen their brands and become employer of choice.

Dun & Bradstreet D-U-N-S® No 86-217-9509

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Rishabh Software Private Limited
Plot no. 66, Beside Sigil India Atladara, Padra Road, Vadodara - 390012, Gujarat
www.rishabhsoft.com sales@rishabhsoft.com 91-9427312803
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Sector Category Management Details
IT & IT Enabled Services SME Chief Executive Officer Mr. Rajendra M. Shah
Rishabh Software provides web, mobile and cloud development services, business process services and engineering services. The
company has offices across the US, the UK and India.
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Dun & Bradstreet D-U-N-S® No 67-734-0418

Rossari Biotech Limited

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201-A & B, Ackruti Corporate Park, LBS Marg, Next to GE Gardens, Kanjurmarg (W), Mumbai - 400078, Maharashtra
www.rossari.com info@rossarimail.com 022- 61233800
Sector Category Management Details
Chemicals Mid Corporate Director Mr. Yash Chari
D

Rossari Biotech Limited was incorporated in 2009. The Company is involved in multiple businesses which include manufacturing of
textiles chemicals auxiliaries, enzymes, polymers and animal heathcare products.

Dun & Bradstreet D-U-N-S® No 65-006-4595

Roto Pumps Limited

13, Roto House, Noida Special Economic Zone, Noida - 201305, UP
www.rotopumps.com contact@rotopumps.com 0120-2567902 / 05
Sector Category Management Details
Engineering & Machinery SME Chairman & MD Mr. Harish Chandra Gupta
Roto Pumps is engaged in manufacturing of progressive cavity pumps for providing efficient and reliable pumping solutions to cater to
a diverse range of industries including wastewater, sugar, paper etc.

188
 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 87-681-9849

S.B. Packagings Private Limited

3Rd Floor, Vardhman Plaza Corner, Paschim Vihar, New Delhi - 110087, Delhi
www.sbpackagings.com sbpl@sbpack.net 91-9971152695
Sector Category Management Details
Others SME Chief Executive Officer Mr. Saurabh Jain
SB Packagings Private Limited was incorporated in 1989. The company manufactures specialized packaging material for the food
industries and consumer goods industry especially for diapers and sanitary napkins.

Dun & Bradstreet D-U-N-S® No 85-840-1600

Sadguru Autocomponents Private Limited

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Sadguru Industrial Estate Gat no 201, Mahalunge, Tal: Khed, Pune - 410501, Maharashtra
www.sadguruauto.com - 020-29808480

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Sector Category Management Details
Auto Components SME Managing Director Mr. Anand Mahalunkar
Sadguru Autocomponents Private Limited operates in automobile sector and is engaged in the manufacturing of electric motor cooling

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fans, auto clutches, cylinder headcovers, intermediate plates etc.

Dun & Bradstreet D-U-N-S® No 86-274-0927

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Sahara Labels Private Limited
No. 10, 1st Cross 1st Main, Sri Lakshmi Industrial Estate, Thigalarapalya Main Road, Karihobanahalli, Peenya 2nd Stage, Bengaluru - 560058, Karnataka
www.saharalabels.com admin@saharalabels.com 91-9945354424
Br
Sector Category Management Details
Others SME Managing Director Mr. Shekar .S
Sahara Labels Private Limited started its operations in 2007. The company is engaged in the manufacturing of labels and logos such as
self-adhesive labels, fascia panels, warranty void labels etc.
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Dun & Bradstreet D-U-N-S® No 91-853-5246

SAJ Test Plant Private Limited

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72/76 Mundhwa Industrial Estate, Pune Cantonment, Pune - 411036, Maharashtra

www.sajdyno.com sales@sajdyno.com 91-20-26870882
Sector Category Management Details
Engineering & Machinery SME Chairman & MD Mr. Prakash S. Jagtap
D

SAJ was established in 1969 and is involved in designing and manufacturing of a wide range of engine, vehicle and transmission test
rigs and customised special test rigs.

Dun & Bradstreet D-U-N-S® No 86-132-4109

Sanginita Chemicals Limited

301, 3rd Floor, Shalin Complex, Near Megh-Malhar Complex, Sector-11, Gandhinagar - 382011, Gujarat
www.sanginitachemicals.co.in dbchavada@yahoo.co.in 91-079-23240270
Sector Category Management Details
Chemicals SME Director Mr. Dineshsinh B. Chavada
Sanginita Chemicals Ltd. is engaged in the manufacturing and supply of synthetic resins to surface coating industry which covers
decorative and industrial paints, protective coatings, printing inks and adhesives.

189
Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 85-947-1719

SARK EPC Projects Private Limited

201 & 401, Apollo Arcade, R C Technical Road, Off S G Highway, Ahmedabad - 380061, Gujarat
www.sarkprojects.com info@sarkprojects.com 91-79-27774146
Sector Category Management Details
Professional & Business Services SME Managing Director Mr. Ashvin Patel
SARK EPC Projects a range of services and products targeted at minimizing risk of corrosion failure and optimizing performance through
tailor made Cathodic Protection Systems and other anti-corrosion technology solutions.

Dun & Bradstreet D-U-N-S® No 65-038-9849

SASMOS HET Technologies Limited

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NPR Complex Plot No. 311, Survey No. 197, Prestige Shantinikethan Road, KR Puram, Bengaluru - 560048, Karnataka
www.sasmos.com sales@sasmos.com 91-080-40688000

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Sector Category Management Details
Engineering & Machinery SME MD & Chairman Mr. H G Chandrashekar
SASMOS HET Technologies Limited is engaged in manufacturing of electrical harnesses, electromechanical assemblies and electronic

st
panels. Its products are used in airplanes, land, marine and space vehicles.

Dun & Bradstreet D-U-N-S® No 87-167-6245

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SBA Info Solutions Private Limited
19 (Old No.17), 46th Street, Ashok Nagar, Chennai - 600083, TN
www.sbainfo.in sales@sbainfo.in 91-44-24897598
Br
Sector Category Management Details
IT & IT Enabled Services SME Chief Technology Officer Mr. S. Kanthanathan
SBA Info Solutions Private Limited provides various IT services such as cloud solutions, information security, secured IT infra,
virtualisation, networking and communication solutions, and data centre services among others.
&

Dun & Bradstreet D-U-N-S® No 65-068-9032

Schueco India Private Limited

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Delphi Building, Schueco India Private Limited A-103, Hiranandani Business Park, Powai, Mumbai - 400076, Maharashtra
www.schueco.com/web2/in info@schueco.in 91-22-67868989
Sector Category Management Details
Others SME Managing Director Mr. Shyam Raghunandan
D

Schueco India is engaged in manufacturing of high-quality window, door and façade systems made from aluminium, PVC-U and steel
to suit the requirements of design, comfort, security and energy efficiency.

Dun & Bradstreet D-U-N-S® No 65-036-5310

SG Analytics Private Limited

601 ,602, Wing 2, Cluster C, EON Free Zone, Kharadi, Pune - 411014, Maharashtra
www.sganalytics.com - 91-20-67307200
Sector Category Management Details
Professional & Business Services SME Founder & CEO Mr. Sushant Gupta
SG Analytics provides research, analytics, and technology services to over 80 clients globally across various sectors such as pharma &
life sciences, banking & financial services among others.

190
 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 87-372-2697

Sharma Orthopedic (India) Private Limited

445/A, G.I.D.C. Estate , Waghodia, Vadodara - 391760, Gujarat
www.sharmaortho.com info@sharmaortho.com 91-9909256222
Sector Category Management Details
Engineering & Machinery SME Director Mr. Vivek Sharma
Sharma Orthopedic is the manufacturer and exporter of orthopedic implants and instruments. It offers a wide range of the highest
quality of orthopedic implants & instrumentation and other associated products.

Dun & Bradstreet D-U-N-S® No 91-614-4757

Sheetal Wireless Technologies Private Limited

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Flat No. 17, Sheshadri Society, Plot No. 1, Rambag Colony, Paud Road, Opp. Kotak Mahindra Bank, Pune - 411038, Maharashtra
www.sheetalwireless.net admin@sheetalwireless.com 91-20-25453950

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Sector Category Management Details
Others SME Managing Director Mr. Manish Vasudeo Are
Sheetal Wireless Technologies Private Limited was established in 1995 and has become one of the leading designer and supplier of

st
advanced wireless data products and systems in India.

Dun & Bradstreet D-U-N-S® No 85-836-0192

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Shilpa Medicare Limited
#12-6-214A1, Hyderabad Road, Raichur - 584135, Karnataka
www.vbshilpa.com info@vbshilpa.com 08532-238704
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Sector Category Management Details
Pharmaceuticals Mid Corporate Chairman Mr. Omprakash Inani
Shilpa Medicare Limited started operations as API manufacturer in 1987. Today it is a global brand in manufacturing and supplying of
affordable API and formulation globally.
&

Dun & Bradstreet D-U-N-S® No 67-594-6591

SIERRA ODC Private Limited

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"eFACiLiTY”, #6 (SF. 2182A), Annamalai Industrial Estate, Kalapatti, Coimbatore - 641048, TN

www.sierratec.com info@sierratec.com 91-422-7115566
Sector Category Management Details
IT & IT Enabled Services SME CEO & Managing Director Mr. Giridhar JG
D

SIERRA was started in 1998. The company provides software and mobile development solutions across various industries. It also offers
manpower consulting solutions to suit the IT function of businesses.

Dun & Bradstreet D-U-N-S® No 87-211-1698

Simplify360 India Private Limited

The Hive, L5, VR Bengaluru, ITPL Main Road, Devasandra Industrial Estate, Bengaluru - 560048, Karnataka
www.simplify360.com contact@simplify360.com 91-80-67234377
Sector Category Management Details
IT & IT Enabled Services SME Chief Executive Officer Mr. Rohit Guttar Pradeshta
Simplify360 provides integrated social enterprise solutions for large enterprises from across the industry. The Company’s platform is
also widely used by digital media agencies for social listening, reporting and engagement.

191
Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 91-852-4765

Skyways Air Services Private Limited

A 128 & 129, N.H.8, Mahipalpur Extn, New Delhi - 110037, Delhi
www.skyways.group.com info@skyways-group.com 011-45150500
Sector Category Management Details
Transportation & Logistics Mid Corporate Managing Director Mr. Yashpal Sharma
Skyways Air Services Private Limited was founded in the year 1983 and provides logistics, international freight & supply chain solutions
to meet the needs of the customers across the globe.

Dun & Bradstreet D-U-N-S® No 65-025-1932

SMI Coated Products Private Limited

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4B5, Gundecha Onclave, Khairani road, Sakinaka, Andheri (East), Mumbai - 400072, Maharashtra
www.smicoatedproducts.com - 91-22-42048000

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Sector Category Management Details
Others SME Director Mr. Ajay Mehta
SMI Coated Products Private Limited operates in labelling & packaging industry and offers innovative solutions to address the existing

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& emerging packaging challenges of the industry through the label stocks.

Dun & Bradstreet D-U-N-S® No 87-405-4002

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Soft Prodigy System Solutions Private Limited
IT C2, 3rd Floor, Dibon Building, Sector 67, Mohali IT Park, Sector 67, Sahibzada Ajit Singh Nagar - 160062, Punjab
www.softprodigy.com provider@softprodigy.com 91-9501336765
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Sector Category Management Details
IT & IT Enabled Services SME Director Mr. Soumyajit Chakraborty
SoftProdigy was formed in 2006 and provides services for creating high quality web designs, mobile development solutions, as well
asdevelop innovative internet-driven marketing and sales strategies.
&

Dun & Bradstreet D-U-N-S® No 72-597-4401

Softel Solutions Private Limited

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E-1002, 1st Floor, CR Park, New Delhi - 110019, Delhi

www.softelnetworks.com info@softelnetworks.com -
Sector Category Management Details
IT & IT Enabled Services SME Director Mr. Pushpendra Juneja
D

Softel is an information technology, consulting and outsourcing company. It provides a range of IT services such as cloud, networking,
unified communication, storage and security solutions among others.

Dun & Bradstreet D-U-N-S® No 67-757-9703

Spartan Engineering Industries Private Limited

Spartan House, Unit No.: 111, New Tejpal Industrial Estate, Andheri-Kurla Road, Sakinaka, Mumbai - 400072, Maharashtra
www.spartanindia.com/web/ espartan@spartanindia.com 91-22-40550000
Sector Category Management Details
Engineering & Machinery SME Managing Director Dr. Vikram Mehta
Spartan Engineering is a leading manufacturer of high quality construction machineries and equipment like bar bending machines, bar
cutting machines, man and material hosts, rope suspended platforms and tower cranes.

192
 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 67-739-7818

SRSG Broadcast (India) Private Limited

2 & 3rd Floor, Plot no - 2, Site no-37 & 38, Local Shopping Complex, Behind Kalkaji Post office, Kalkaji, New Delhi - 110019, Delhi
www.srsg.com - 91-11-49508100
Sector Category Management Details
IT & IT Enabled Services SME Director Ms. Neha Mekap
SRSG Broadcast India incorporated in 2006. The company offers products and services for system integration, broadcast consultancy,
IT infrastructure services, maintenance services and digital archiving services for broadcast industry.

Dun & Bradstreet D-U-N-S® No 65-032-2217

SSP Private Limited

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13 Milestone, Mathura Road, Faridabad - 121003, Haryana
www.sspindia.com info@sspindia.com 91-129-4183700 / 6660800

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Sector Category Management Details
Engineering & Machinery SME Managing Director Mr. Tapas Chaterjee
SSP is a process engineering company offering an extensive range of projects, equipment and innovative process solutions to suit the

st
needs of customer in the Food, Dairy, Beverages and Chemical Industries.

Dun & Bradstreet D-U-N-S® No 65-074-0306

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Stellar Information Technology Private Limited
D-16, Phase 2, Info Technology Park, Sector-33, Gurugram - 122002, Haryana
www.stellarinfo.co.in help@stellarinfo.com 730-3600601
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Sector Category Management Details
IT & IT Enabled Services SME Chief Executive Officer Mr. sunil Chandna
Stellar Information Technology Pvt Ltd was established in the year 1993. The company provides data recovery solutions with the help
of data recovery, repair and system optimization tools.
&

Dun & Bradstreet D-U-N-S® No 91-851-9232

Stork Rubber Products Private Limited

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38th km, NH8, Beharampur Road, Gurugram - 122001, Haryana

www.storkrubber.com - 124-4679481
Sector Category Management Details
Auto Components SME Managing Director Mr. Jagdeep Singh Rangar
D

Stork Rubber Products Private Limited was incorporated in 1995. They manufacture rubber and rubber to metal bonded automotive
parts such as Rubber Components, Control Cables, Stabilizer Arms and Exhaust Parts.

Dun & Bradstreet D-U-N-S® No 65-032-2634

Sumika Seals Private Limited

4, Satyanarayan Industrial Estate, Near Gorwa Water Works, Dev Industrial Estate, Railway Colony, Gorwa, Vadodara - 390016, Gujarat
www.sumikaseals.com enquiry@sumaikaseals.com 91-7567106163
Sector Category Management Details
Engineering & Machinery SME Director Mr. Manish Patel
Sumika Seals is engaged in the manufacturing and export of mechanical seals used for different engineering products. It exclusively
supplies to Middle east and African countries.

193
Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 92-222-4915

Sun Polytex Private Limited

Jhadol Phalasia Road, Village Nai, Tehsil Girwa, NH76A, Udaipur - 313031, Rajasthan
www.harmonyplastics.com contact@harmonyplastics.com 91-9414165509
Sector Category Management Details
Textiles & Garments SME Managing Director Mr. Sandep Bapna
Sun Polytex is a subsidiary of Mewar Group and is engaged in the manufacturing of polypropylene fabrics and its allied products. Its
manufacturing units are located in Madri and Nai in Udaipur.

Dun & Bradstreet D-U-N-S® No 91-852-7511

Supriya Lifescience Limited

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207/208 Udyog Bhavan, Sonawala Road Goregoan East, Mumbai - 400063, Maharashtra
www.supriyalifescience.com - 91-22-40332727

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Sector Category Management Details
Pharmaceuticals Mid Corporate Chairman & MD Mr. Satish Wagh
Supriya Lifescience Limited incorporated in the year 1987. The company is engaged in the manufacturing of APIs for therapeutic

st
segments like – Anti-Histamine, Anti-Allergic, Vitamins and Anti- Asthmatic.

Dun & Bradstreet D-U-N-S® No 67-728-6001

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Swiss Parenterals Limited
304 Samaan 2, Opp Shelll Pump, Anandnagar, Satellite, Ahmedabad - 380015, Gujarat
www.swisspharma.in info@swisspharma.in 91-79-40083418
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Sector Category Management Details
Pharmaceuticals SME Chairman & MD Mr. Vikram R. Shah
Swiss Pharma Pvt. Ltd. was incorporated in 1958 and is manufacturer of several pharmaceutical products like tablets, capsules, dry
powders, liquid orals and sterile products for parenteral and ophthalmic use.
&

Dun & Bradstreet D-U-N-S® No 65-055-0127

Topsun Energy Limited

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B-101, GIDC, Electronics Zone, Sector-25, Gandhinagar - 382028, Gujarat

www.topsunenergy.com marketing@topsunenergy.com 91-79-23288804
Sector Category Management Details
Renewable Energy Micro Managing Director Mr. Chintan Patel
D

Topsun Energy Ltd manufactures photovoltaic modules & systems. The company’s manufacturing facilities are located in Gandhinagar
and Mehsana with a capacity of 150 MW of 340 Wp crystalline modules.

Dun & Bradstreet D-U-N-S® No 65-004-9968

Toshniwal Industries Private Limited

Industrial Estate Makhupura, Ajmer - 305002, Rajasthan
www.tipl.com info@tipl.com 91-8448441044
Sector Category Management Details
Electrical & Electronic Goods SME Managing Director Mr. Rajeev Toshniwal
Toshniwal Industries Pvt. Ltd. is engaged in manufacturing industrial process measurement & control instruments and Security CCTV
Systems.

194
 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 67-659-5220

Transit Electronics Limited

GR Floor, Shop G7, S.N.S Interio, Near CNG Gas Station, Althan Road, Bhatar Char Rasta, Althan, Surat - 395007, Gujarat
www.transit.co.in cs@transit.co.in 91-8511178655
Sector Category Management Details
Manufacturing / Processing Electrical & Electronic Goods Founder & MD Mr. Dipesh Dasadia
Transit Electronics Ltd provides ELV (extra low voltage)system products which includes IP CCTV & security solutions, access control,
auto gates & turnstile and fiber optic cabling solutions among others.

Dun & Bradstreet D-U-N-S® No 87-393-9583

Tripath Logistics Private Limited

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Hare Krishna Tower, Plot No.5-10, Balaji Layout, Dasarahalli Main Road, H A Farm Post, Bengaluru - 560024, Karnataka
www.tripathlogistics.com info@tripathlogistics.com 91-80-46912222

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Sector Category Management Details
Transportation & Logistics SME Director Mr. Abbas Khan R
Tripath Logistics provides a range of logistical solutions, including air/ocean freight logistics, warehousing and ground transportation

st
and on-and-off-site assistance.

Dun & Bradstreet D-U-N-S® No 87-369-3826

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Turbo Cast (India) Private Limited
Satyam ", 35 Silver S&, Opp - Big Bazaar, 150 Feet Ring Road, Rajkot - 360001, Gujarat
www.turbo-cast.com info@turbo-cast.com 91-2825-280301
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Sector Category Management Details
Engineering & Machinery SME Chief Managing Director Mr. Ramji Mavani
Turbo Cast (India) Pvt. Ltd. is engaged in the manufacturing of several casting products which have application in aerospace, valve,
pump, marine, automobile, nuclear and renewable energy industry.
&

Dun & Bradstreet D-U-N-S® No 87-395-1364

Uttam Sucrotech International Private Limited

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H - 194, Sector - 63, Noida - 201301, UP

www.usipl.com info@usipl.com 0120-4726400
Sector Category Management Details
Engineering & Machinery Mid Corporate Managing Director Mr. Sanjiv Gulati
D

Uttam Sucrotech International Private Limited commenced its operations in the year 2001. It is the EPC arm of the Uttam Group and
executes the Group’s EPC Projects across the globe.

Dun & Bradstreet D-U-N-S® No 86-005-8236

Varsa Plastic Industries Private Limited

M-105/2-3-4-5, MIDC, Waluj Industrial Area, Aurangabad - 431136, Maharashtra
www.sme.in/varsaplastic/ rsv@vaidyagroUttar Pradesh.com 0240-2557090 / 94
Sector Category Management Details
Plastic & Plastic Products SME Chairman Mr. Ramesh Vaidya
Vaidya Group of Industries was established in 1985. Using the plastic injection molding technology the company provides high quality
plastic parts to national and international customers.

195
Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 65-024-4440

Verifacts Services Private Limited

4007, Hallmark Square, 1 & 2 Flr, 100 Ft Road, Indiranagar (near Barbeque Nation), Bengaluru - 560038, Karnataka
https://verifacts.co.in/ somesh.auddy@verifacts.co.in 91-80-67822222
Sector Category Management Details
Professional & Business Services SME Chief Executive Officer Mr. Somesh Auddy
Verifacts Services Private Limited is engaged in providing employee verification and employee background checking services to several
employers, thereby helping them hire the right employees.

Dun & Bradstreet D-U-N-S® No 87-178-4957

Vertoz Advertising Limited

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602, Avior, Nirmal Galaxy, LBS Marg, Mulund West, Mumbai - 400080, Maharashtra
www.vertoz.com - -

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Sector Category Management Details
Plastic & Plastic Products SME Founder & CEO Mr. Ashish Shah
Vertoz was founded in the year 2012 and is a leading programmatic advertising company. Vertoz’s Ingeniuos Plex is one of the leading

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media buying platform.

Dun & Bradstreet D-U-N-S® No 65-025-1171

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Vibfast Pigments Private Limited
B1/801-806, 8th Floor, Palladium, Bh. Divya Bhaskar Press, Corporate Road, Ahmedabad - 380015, Gujarat
www.vibfast.com amit@vibfast.com 91-90999 57223 / 24
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Sector Category Management Details
Chemicals SME Finance Manager Mr. Chintan Shah
Vibfast Pigments is a leading manufacturer of Phthalocyanine, Azo, HPP, Chrome, Toner Violets, Food Colours and Ultramarine Blue
Pigments exclusively for Inks, Paints, Plastic, Textile and Rubber Industries.
&

Dun & Bradstreet D-U-N-S® No 67-559-5405

Vintech Electronic Systems Private Limited

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Deep Bunglow, Ushakal Apartment, A1-A2, Chowk, Model Colony, Pune - 411016, Maharashtra
www.vintechin.com info@vintechin.com 91-20-25666233 / 34 / 35
Sector Category Management Details
IT & IT Enabled Services SME Director Mr. Chintamani Lele
D

Vintech Electronic Systems was incorporated in 1996 and provides the best in-class products and services to the customers in
information technology, telecom, office automation and power electronics industry.

Dun & Bradstreet D-U-N-S® No 87-149-1901

Vishal Enterprises
Plot no. F-1/A, Road no. 11, IDA, Nacharam, TSIIC-IALA, Hyderabad - 500076, Telangana
http://vishalhyderabad.com - 040-27152125
Sector Category Management Details
Professional & Business Services SME Proprietor Mr. V. R. Venkatesh
Vishal Enterprises was established in the year 2000. The company has made a name for itself in the list of top suppliers of Chemical
supplies, pigments in India.

196
 Leading SMEs of India 2019

Dun & Bradstreet D-U-N-S® No 87-109-6854

Vritti Solutions Limited

4, Continental Park, Karve Road, Kothrud, Pune - 411038, Maharashtra
https://vritti.co.in enquiry@vritti.co.in 020-25396367
Sector Category Management Details
IT & IT Enabled Services SME Director Mr. Rajesh Radhakrishnan
“Vritti” offers IT solutions, digital audio advertisement, 360-degree media solutions and digital marketing to the corporate firms in
India & Overseas.

Dun & Bradstreet D-U-N-S® No 86-969-4442

Vupadhi Techno Services Private Limited

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1st Floor, Ramky Grandiose, Sy. No: 1362&4, Gachibowli, Hyderabad - 500032, Telangana
www.vupadhi.com kalyanreddy@vupadhi.com 91-40-29884700

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Sector Category Management Details
IT & IT Enabled Services SME Managing Director Mr. N. Kalayna C Reddy
Vupadhi Techno Services provides technology solutions in the area of eProcurement and eGovernance. It’s A2Z Procure is a market

st
leading eProcurement solution with versatile functionality.

Dun & Bradstreet D-U-N-S® No 87-409-6599

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WAE Corp India Private Limited
E-136, E Block, Sector 63, Noida - 201301, UP
www.waecorp.com info@waecorp.com 91-0120-4069800
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Sector Category Management Details
Engineering & Machinery SME Managing Director & CEO Mr. Anuttar P Joshi
WAE Corp is one of the leading water solutions company providing products, services and innovative solutions for Water & Waste
Water Management.
&

Dun & Bradstreet D-U-N-S® No 91-535-5155

The Waterbase Limited

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Thapar House, 37 Montieth Road, Chennai - 600008, TN

www.waterbaseindia.com info@waterbaseindia.com 91-44-45661700
Sector Category Management Details
Food Processing & Agro Products Mid Corporate Chief Executive Officer Mr. Ramakanth V Akula
D

The Waterbase Limited was founded in 1987. The company is engaged in manufacturing of shrimps and fish feeds. The feed is exported
in different forms to Japan, USA and Europe.

Dun & Bradstreet D-U-N-S® No

Sector Category Management Details

197
Leading SMEs of India 2019

Index
A Century Pharmaceuticals Limited............................................. 159
Chemcon Speciality Chemicals Limited.................................... 121
A P Securitas Private Limited.................................................... 152
CMI FPE Limited....................................................................... 106
A.V. Global Corporation Private Limited................................... 152
Consulting Engineers Group Limited........................................ 126
Aarvi Encon Limited.................................................................. 152
Coreintegra Consulting Services Private Limited...................... 159

et
AB Carter India Private Limited................................................ 152
Creative Components Private Limited...................................... 159
Abhinav Outsourcings Private Limited..................................... 152
Creative Tools & Components (India) Private Limited.............. 159
Accurate Industrial Controls Private Limited......................... 153
Cygnet Infotech Private Limited............................................... 160

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Ace Brain Systems & Software Private Limited......................... 154
Acrysil Limited.......................................................................... 154 D
Active Green Window Solutions............................................... 154 Datta Hydro Chem Private Limited........................................... 160

st
Adtech Systems Limited........................................................... 154
DEKRA India Private Limited..................................................... 160
Advance Hydrau Tech Private Limited...................................... 154
Dev Information Technology Limited....................................... 160
AksharChem (India) Limited..................................................... 155
Divgi TorqTransfer Systems Private Limited........................... 161
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Anugraha Valve Castings Limited.............................................. 155
Arcgate..................................................................................... 155 E
Aria Aerial Platforms Private Limited........................................ 155 Echaar Equipments Private Limited.......................................... 162
Arihant Capital Markets Limited............................................... 155 Ecoline Exim Private Limited.................................................... 162
Br

Asahi Songwon Colors Limited................................................. 156
Ashida Electronics Private Limited........................................... 156
Astra Concrete Products........................................................... 156
Atlas Life Sciences Private Limited............................................ 156
&
Ecos (I) Mobility & Hospitality Private Limited......................... 162
Electronic Automation Private Limited.................................. 163
Elite IT Services India Private Limited....................................... 164
Elkay Chemicals Private Limited....................................90 & 145

Attitude Events Private Limited................................................ 156
Auto Ignition Limited................................................................ 157
Autocal Solutions Private Limited............................................. 157
Avantika Printers Private Limited............................................. 157
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Embee Software Private Limited.............................................. 164
Encraft India Private Limited.................................................... 164
Enrich Energy Private Limited................................................... 164

Epack Durables Solutions Private Limited................................ 164

B Epimoney Private Limited......................................................... 147

BCH Electric Limited................................................................. 157 Essar Bulk Terminal Limited...................................................... 165

Bhalaria Metal Craft Private Limited........................................ 157 Essel Business Excellence Services Limited.............................. 165
D

Bharat Parenterals Limited....................................................... 158 Essem Srinisons Systems Private Limited................................. 165
Bharat Serums and Vaccines Limited....................................... 158 Estee Advisors Private Limited................................................. 165
Brilliant Polymers Private Limited............................................ 158 Evolve Brands Private Limited.................................................. 165

C F
Cadmaxx Solutions Private Limited.......................................... 158 Faith Industries Limited............................................................ 166
Capital Numbers Infotech Private Limited................................ 158 FATI General Equipments Private Limited................................. 166

198

Faze Three Limited................................................................... 136
FTI Food Tech Private Limited................................................... 166
G Insynergy Supply Chain Solutions Private Limited.................... 174
Galaxy Office Automation Private Limited............................... 166
GeBBS Healthcare Solutions Private Limited............................ 166
Genetix Biotech Asia Private Limited........................................ 167
Global Castings Private Limited................................................ 167
Global Stones Private Limited.................................................. 167
Globe Capacitors Limited......................................................... 167
Globe Cotyarn Private Limited................................................. 167
Gold Star Jewellery Private Limited.......................................... 168
Golden Precision Products Private Limited.............................. 168
Goldi Solar Private Limited....................................................... 168
GoodEdge Advisory Private Limited......................................... 168
Gracure Pharmaceuticals Limited............................................. 168
Grand Prix Engineering Private Limited.................................... 169
Grauer & Weil (India) Limited................................................... 169
GS Caltex India Private Limited................................................. 169
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H Kalashree Engineering.............................................................. 177
H. K. Jewels Private Limited...................................................... 169
H. L. Agro Products Private Limited.......................................... 169
Br
Harmony Plastics Private Limited............................................. 122
HD fire Protect Private Limited................................................. 170
Hemraj Industries Private Limited............................................ 170
Hero Exports Private Limited.................................................... 170
&
Hero Mindmine Institute Private Limited................................. 170
Hosmac India Private Limited................................................... 170
HR Anexi Private Limited.......................................................... 171
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HTL Aircon Private Limited....................................................... 171
HTP Global Technologies Private Limited................................. 171
HYT Engineering Company Private Limited........................... 172
I Line O Matic Graphic Industries............................................... 106
D
Ice Make Refrigeration Limited................................................ 173
Ichiban Crop Science Limited................................................... 173
Iclean Hollow Metal Systems Private limited........................... 173
Imperative Business Ventures Private Limited......................... 173
Indian Herbs Specialities Private Limited................................. 118
Indus Net Technologies Private Limited................................... 173
Leading SMEs of India 2019
Industrial Plants & Waste Treatment Corporation................... 174
Inspace Technologies Private Limited....................................... 174
Integra Micro Systems Private Limited..................................... 174
Interactive Bees Private Limited............................................... 174
Interactive Manpower Solutions Private Limited..................... 175
Interfab Electronics (India) Private Limited.............................. 175
InterGlobe Technology Quotient Private Limited..................... 175
J
et
Jabs International Private Limited............................................ 175
Jai Bharat Gum & Chemicals Limited........................................ 175
Jaipur Rugs Company Private Limited...................................... 136
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Jesons Industries Limited......................................................... 176
JNK India Private Limited.......................................................... 176
JNR Management Resources Private Limited........................... 176
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Jyoti Threads (India) Limited.................................................... 176
K
K A Wires Limited..................................................................... 176
Kanchan Vanijya Private Limited.............................................. 177
Kanpur Plastipack Limited........................................................ 122
Kariwala Industries Limited...................................................... 177
KHS Machinery Private Limited................................................ 177
KIC Metaliks Limited................................................................. 177
Klaus IT Solutions Private Limited............................................ 178
Kloudq Technologies Limited.................................................... 178
Knowledge Integration Services India Private Limited............. 132
L
Laxmi Agro Industrial Consultants & Exporters Limited........... 178
Lemon Technomist Private Limited.......................................... 178
Lincoln Pharmaceuticals Limited.............................................. 178
Litmus Organics Private Limited............................................... 179
Livguard Batteries Private Limited............................................ 102
M
Maan Aluminium Limited......................................................... 179
Machino Plastics Limited.......................................................... 179
Madras Fluorine Private Limited.............................................. 179
199
Leading SMEs of India 2019
Maksteel Wire Healds Private Limited..................................... 179
Malladi Drugs and Pharmaceuticals Limited............................ 180
Mallcom India Limited.............................................................. 180
Marine Hydrocolloids............................................................... 180
Mascot Dynamics Private Limited............................................ 180
Matrix Comsec Private Limited................................................. 102
Megaa Moda Private Limited................................................... 110
Meril Healthcare Private Limited.............................................. 180
Meril Life Sciences Private Limited........................................... 118
Mewar Polytex Limited............................................................. 181
Mohindra Fasteners Limited....................................................... 86
MPM Private Limited................................................................ 181
MRL Tyres Limited.................................................................... 181
Mrs. Bectors Food Specialities Limited..................................... 181
Mukka Seafoods Industries Private Limited............................. 110
Murli Krishna Pharma Private Limited...................................... 181
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Neelikon Food Dyes and Chemicals Limited............................. 182
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Neogen Chemicals Limited....................................................... 182
NeoGrowth Credit Private Limited........................................... 148
Newgen Software Technologies Limited................................... 182
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Newtronic Lifecare Equipment Private Limited........................ 182
Nirmal Industrial Controls Private Limited............................... 182
Nuberg Engineering Limited..................................................... 183
Nucleus Software Exports Limited............................................ 114
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OBEETEE Private Limited.......................................................... 183
Omega Healthcare Management Services Private Limited...... 183
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OmniActive Health Technologies Limited................................. 183
Oneiro Chemicals Private Limited............................................ 183
OnMobile Global Limited......................................................... 184
Otter Controls India Private Limited......................................... 184
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Parason Machinery (India) Private Limited.............................. 184
Parveen Travels Private Limited................................................ 184
PathParter Technology Private Limited.................................... 184
Pearl Global Industries Limited................................................ 185
Percept Devices Marketing Private Limited.............................. 185
200
PES Installations Private Limited............................................... 185
Pitambra Books Private Limited............................................... 185
Plasti Weave Industries LLP...................................................... 185
Poddar Global Private Limited.................................................. 186
Prasol Chemicals Private Limited.............................................. 186
Profab Engineers Private Limited............................................. 186
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QBurst Technologies Private Limited........................................ 114
Quality Mint and Allied Chemicals........................................... 186
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R.S. Infraprojects Private Limited............................................. 186
Raajratna Ventures Limited...................................................... 187
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RACL Geartech Limited............................................................. 187
Ramani Precision Machines Private Limited............................. 187
Ravi Foods Private Limited....................................................... 187
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Renom Energy Services LLP...................................................... 187
Resonance Paper Mill Private Limited...................................... 188
RiseSmart HR Services Private Limited..................................... 188
Rishabh Software Private Limited............................................. 188
Roop Automotives Limited............................................... 86 & 145
Rossari Biotech Limited............................................................ 188
Roto Pumps Limited................................................................. 188
S
S.B. Packagings Private Limited................................................ 189
Sadguru Autocomponents Private Limited............................... 189
Sahara Labels Private Limited................................................... 189
SAJ Test Plant Private Limited................................................... 189
Sanginita Chemicals Limited..................................................... 189
Sarjak Container Lines Private Limited...........................140 & 144
SARK EPC Projects Private Limited........................................... 190
SASMOS HET Technologies Limited.......................................... 190
SBA Info Solutions Private Limited........................................... 190
Schueco India Private Limited.................................................. 190
Sequel Logistics Private Limited............................................... 140
SG Analytics Private Limited..................................................... 190
Sharma Orthopedic (India) Private Limited.............................. 191
Sheetal Wireless Technologies Private Limited........................ 191
Shilpa Medicare Limited........................................................... 191
 Leading SMEs of India 2019

SIERRA ODC Private Limited..................................................... 191

Simplify360 India Private Limited............................................. 191
Sintercom India Limited............................................................ 147
Siro Clinpharm Private Limited................................................... 98
Skyways Air Services Private Limited........................................ 192
SMI Coated Products Private Limited....................................... 192
Soft Prodigy System Solutions Private Limited......................... 192
Softel Solutions Private Limited................................................ 192
Spartan Engineering Industries Private Limited....................... 192
SRSG Broadcast (India) Private Limited.................................... 193
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WAE Corp India Private Limited................................................ 197
The Waterbase Limited............................................................ 197
WILHELM Textiles India Private Limited.................................. 146
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Yasho Industries Limited............................................................. 91
Note
• Companies highlighted in blue are award winners of

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SSP Private Limited................................................................... 193 SME Business Excellence Awards 2019
Stellar Information Technology Private Limited....................... 193 • Companies marked in bold are advertorials
Sterling Software Private Limited............................................... 94

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Stork Rubber Products Private Limited.................................... 193
Sumika Seals Private Limited.................................................... 193
Sun Polytex Private Limited...................................................... 194

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Supriya Lifescience Limited...................................................... 194
Swiss Parenterals Limited......................................................... 194

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thyssenkrupp Industrial Solutions (India) Private Limited........ 126
Topsun Energy Limited............................................................. 194
Toshniwal Industries Private Limited........................................ 194
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Transit Electronics Limited........................................................ 195

Tripath Logistics Private Limited............................................... 195
Turbo Cast (India) Private Limited............................................ 195

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Uttam Sucrotech International Private Limited........................ 195

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Valuemomentum Software Services Private Limited............... 144
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Vanguard Diagnostics Private Limited...................................... 146

Varsa Plastic Industries Private Limited.................................... 195
Verifacts Services Private Limited............................................. 196
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Vertoz Advertising Limited....................................................... 196

Vibfast Pigments Private Limited.............................................. 196
Vintech Electronic Systems Private Limited.............................. 196
Vishal Enterprises..................................................................... 196
Vritti Solutions Limited............................................................. 197
Vupadhi Techno Services Private Limited................................. 197

201
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