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Press Release

ETRise Virtual Felicitation Ceremony of Top MSMEs '21 Ranking

Kolkata, Dec 29th, 2021: The Economic Times Digital has organized the virtual felicitation that announced the coveted Top MSME ranking across the four categories of participation, including India's Top Innovative MSMEs, India's Fastest Growing MSMEs, India's Top Exporter MSMEs, and India's Top Performing MSMEs. Apart from that, the event has also included lively discussions with leading voices of the MSME ecosystem.

The CEO of NITI Aayog, Amitabh Kant, delivered the keynote address. Akash Gehani, COO & Co-Founder, Instamojo; Pavan Ponnappa, Head - Categories & Marketing, eBay; Manan Dixit, Founder & CEO, Friday participated in the first panel discussion.

The second Panel discussion topic was 'How can MSMEs get access to finance?' Here notable panelists like Amit Bhatia, Managing Director, Head - International Private Bank, Deutsche Bank, India; Rachana Bhusari, Vice-President, National Stock Exchange of India; Shachindra Nath, Executive Chairman & Managing Director, UGRO Capital shared their valuable opinions. MSMEs in India enjoy both institutional and non-institutional sources of finance. Subjects regarding venture capital, ease of business, bank credit, NBFC loan, Microfinance institutions were brought to the forefront.

As MEGAA MODA PVT LTD held the top rank of India's Top Exporter MSMEs, Mr. Yogesh Gupta, the director of MegaaModaPvt. Ltd., collected the prestigious award on behalf of the team. He proudly referred to his enterprise and said, "MMPL is one of the distinguished processors and exporters of seafood in India operating under the registered brand 'MEGAA.' Our factory brand has both the pre-processing and processing capacity.

Under the Ministry of Commerce and Industry, Govt of India, the company is recognized as the Two Star Export House. This shrimp exporting plant facilitates workers' accommodation, cold storage, laboratory, reefer vans, and logistics.

Mr. Gupta also added: "I am very happy to receive this award from ETRise 2021, and I owe it to my colleague, Mr. Shankar Ramalingam and all my other colleagues in the company who had brought this company from one level to another and it is because of them that we have reached here. We do have plans of future rise also and look forward to a better performance in the years to come."