SAP India has signed a Memorandum of Understanding (MoU) with the Indian Ministry of Micro, Small and Medium Enterprises (MSMEs) to launch Bharat ERP, a program designed to help almost 30,000 MSMEs and youth focus on innovation and business profitability on their road to digital transformation over the next three years.
The Bharat ERP program will include a train the trainer component, in which SAP will provide the software and training curriculum to trainers identified by the ministry. SAP will facilitate training and enablement courses on SAP Business One at the existing network of ministry-controlled technology centres. After successful course completion, SAP and the Ministry of MSME will provide a combined certification, which is expected to help increase the employability of graduates as well as to assist in upcoming recruitment efforts.
“The MSME sector contributes nearly 38 per cent to the country’s GDP and generates nearly 120 million jobs; its growth plays a pivotal role in propelling India’s economy forward,” said Deb Deep Sengupta, president and managing director, SAP Indian Subcontinent. “Our objective through Bharat ERP is to make digital technologies more accessible to micro and small enterprises, in line with our aim to help businesses of all sizes grow with SAP.”
Citing a report recently commissioned by SAP, Luis Murguia, senior vice president and general manager, SAP Business One said that on a global level, small and medium enterprises that have embraced digital technologies have experienced faster growth than those that have not.
“As India prepares for a more robust trade environment, MSMEs will need a digital platform and the skill sets to help them gain scale, be more competitive and leverage new technological tools to compete in the digital economy,” he said. The intent of the Bharat ERP program is to enable just that.
