Chamber Signs MoU with Power2SME to Facilitate Raw Material and credit to MSMEs

No.PR-117

January 9, 2020

New Delhi

PHD Chamber Signs MoU with Power2SME to Facilitate Raw Material and credit to MSMEs

PHD

Caption Left to Right

(Ms Kanchan Zutshi, Secretary, PHD Chamber, Dr Ranjeet Mehta, Principal Director, PHD Chamber; Mr Pradeep Multani, Vice President, PHD Chamber; Mr Sanjay Aggarwal, Senior Vice President, PHD Chamber; Mr Anil Khaitan, Former President, PHD Chamber; Dr D K Aggarwal, President, PHD Chamber; Mr R Narayan, Founder and CEO Power2SME Private Limited; Dr H P Kumar, Advisor, PHD Chamber; Mr. Sameer Nayyar, Chairman MSME Committee, PHD Chamber; Mr. Dev Prakash Goyal, Co- Chairman, MSME Committee, PHD Chamber; Ms Anju bajaj , Former Chairman , MSME Committee, PHD Chamber and Secretariat Team of the Chamber)

A Memorandum of understanding (MOU) was signed between PHD Chamber of Commerce & Industry & Power2SME on 7th January ,2020 at PHD House, New Delhi. The MOU would facilitate both organisations to help Micro, Small and Medium Enterprises (MSMEs) in availability of raw material and credit on competent terms.

Dr D K Aagrwal President, PHD Chamber and Mr R Narayan, Founder and CEO, Power2SME Private Limited signed the MOU on behalf of PHD Chamber of Commerce & Industry and Power2SME respectively in presence of Mr. Sanjay Aggarwal, Senior Vice- President, PHD Chamber; Mr Pradeep Multani, Vice-President, PHD Chamber and Mr. Anil Khaitan former President PHD Chamber.

Dr D K Aggarwal President, PHD Chamber said that we will work together with Power2SME to plan various communications and marketing initiatives for specific solutions, and offerings that may bring value to the member companies.

Mr R Narayan, Founder and CEO, Power2SME said that the MSME sector is the backbone of India's industrial landscape. Power2SME is committed to addressing the business challenges faced by MSMEs in India by way of providing inputs and services at competent terms.

Mr Anil Khaitan, former President PHD Chamber and Mentor, PHD - MSME Mentoring and Guidance centre, said that this initiative would provide an opportunity for the MSME sector by way of creating a platform for them to have an option to obtain Material and Credit at reasonable terms.

Ends.

Media Division

PHD Chamber of Commerce and Industry