It is, indeed, a matter of great pleasure for me to be present here today at this interactive session on “Strengthening SMEs Capabilities for Global Competitiveness” organized by the Bombay Chamber of Commerce and Industry and share some of my thoughts.
The Bombay Chambers, which was established in 1836, is, I am told, India’s oldest Chamber of Commerce to serve its members without a break for 176 years. It has more than 4500 member companies with a large proportion of them being small corporates. It has been associated with several historic developments in the city of Mumbai and I congratulate the Chamber for its achievements.