Joining the list of organisations partnering with SAP to deliver the Global Bharat Program to its members is the Federation of Telangana Chambers of Commerce and Industry (FTCCI). Taking on this initiative means paving the way for the Micro, Small, and Medium-sized Enterprises (MSME) sector in India to get support in skilling their workforce, have access to the global marketplace and accelerate their digital transformation in an ever-evolving environment.
As a major contributor to the socio-economic development of India, the MSME sector has gained significant importance in recent years. According to a report published by IBEF in February, MSMEs have the potential to serve as a key employment generator as new career opportunities for the young population are being created.
Tanya Srivastava, Senior Account Director at SAP India, said that MSMEs play a key role in the government’s vision of a “self-reliant India” as the industry contributes 29{aa282f308afcc222aaa21b0478c79e01a8fedd01972e2180867097bd93930f22} to India’s GDP and is steadily increasing. She stressed that Global Bharat is SAP’s initiative to enable MSMEs to become globally competitive, considering that 80{aa282f308afcc222aaa21b0478c79e01a8fedd01972e2180867097bd93930f22} of the tech giant’s customers in India are from this sector.
Launched in association with the United Nations Development Programme (UNDP), NASSCOM Foundation, and Pratham InfoTech Foundation, SAP’s Global Bharat Movement also reinforces the Indian government’s goal to empower the MSME industry by equipping them with the latest digital technologies and making significant investments to help them establish their businesses.
In a statement, FTCCI President Ramakanth Inani said that this initiative will enable the members of the MSME sector in India to take their businesses globally. He maintained:
“Our purpose of collaborating with SAP and bringing in a Global Bharat program for our members is to find a solid footing during these unprecedented times.”
Empowering the MSME Sector in India with SAP Technologies
Over the years, FTCCI has gradually evolved into a peak-level organisation representing large, medium, and small-scale industries in India. It has also been established as an important forum for proactive interaction between the government and businesses from a global perspective. FTCCI has been conducting conferences, workshops, seminars, and online events recently to help keep its members up-to-date with the latest trends and developments amidst the COVID-19 pandemic.
The organisation’s collaboration with SAP aims to help its members become globally competitive by creating world-class products and offering them at competitive rates to global customers.
Through the Global Bharat Movement, Indian MSMEs can take advantage of the following SAP partner networks and technologies:
- Access to SAP Ariba Discovery where members can register themselves as suppliers, get sales enquiries, and sell their products worldwide through the SAP Ariba Network — the largest digital B2B marketplace.
- Opportunities to digitally upskill their workforce with more than 240 courses on Digital Financial, Soft Skills, and Productivity Technologies through SAP India’s Code Unnati — a Golden Peacock Award-winning digital skilling initiative.
- Access to affordable, world-class ERP software solution, SAP’s Business One Starter Pack on the cloud, that aims to support businesses in providing reliable services and products to their clients.
Moreover, FTCCI’s webinar on “Global Bharat Digital Transformation” in partnership with SAP and YASH Technologies last March 18 gave information on the benefits of the Global Bharat Program and provided an interesting discussion on the current MSME segment in India.
