'Spirit of Manufacturing Awards' Season Three to be Held at TiE Global Summit 2016

Business Wire India
In its successive third year, Power2SME - India’s first ‘buying club’ for Small and Medium Enterprises (SMEs), in association with TiE Delhi NCR is all set to host the annual ‘Spirit of Manufacturing Awards’. Aligned with the theme of Make in India campaign, Spirit of Manufacturing Awards aim to showcase successful ‘Made in India’ stories and honor the entrepreneurs who have carved a differentiated positioning for themselves in the manufacturing space.

Manufacturing startups with less than 10 years existence can nominate themselves on https://spiritofmanufacturing.com for four categories namely Spirit of Manufacturing award for Innovation & IT Adoption, Social Impact, Women entrepreneur and Young Entrepreneur of the year. A special Jury Choice Award to be given away to a venture that is able to impress the members either in terms of idea, potential or anything unique. Nomination process will be closed on 15^th November and the award ceremony will be held in December 2016 on the side lines of TiE Global Summit.

Talking about the Spirit of Manufacturing season 3, Mr. R Narayan, Founder and CEO, Power2SME said, “While India is paving its way to become global manufacturing hub and cheering the great “Make in India” campaign. Embracing the same spirit, Power2SME along with TiE Delhi NCR has designed ‘Spirit of Manufacturing Awards’ that is fully aligned in the direction of recognizing the heroes of manufacturing sector.” He further added that “Power2SME works closely with large number of manufacturing SMEs pan India with objective of making them bankable. Spirit of Manufacturing is yet another step to provide a valuable platform for SMEs to showcase themselves and the huge potential that they possess. We are confident that, like in the previous two seasons, this year too we will come across passionate entrepreneurs who will make the judging process tough for us.” 

Ms. Geetika Dayal, Executive Director, TiE Delhi NCR expressed that “It has been TiE’s constant endeavor to acknowledge and accolade the efforts of young businesses in India and our partnership with Power2SME has helped us establish a platform dedicated to felicitate entrepreneurs in the manufacturing sector. Focusing on government’s Make in India drive, the platform will showcase some of the most promising start-ups in the manufacturing sector.”

Upon the closure of the nomination process, the jurist will select the final winners basis the presentations as well as the previous scores over various selection rounds. Enclosed below is the list of winners for the past two seasons of the ‘Spirit of Manufacturing’ awards.
 

Award Category	Season 1 Winners	Season 2 Winners
Innovation & IT Adoption	Lalit Ahuja, MD,  Ahuja Group & Vinay Chaddha , GVC Systems Pvt Ltd	Ayush Sinhal, Director, Crystal Power
Social Impact	Sahil Dharia Managing Director & Founder, Soothe Healthcare	Sumita Ghose, Founder & Managing Director, Rangsutra
Woman Entrepreneur of the Year	Hiresha Verma Owner, Hanzen International	Dr. Pragati Sawhney, Founder, Chockriti
Young Entrepreneur of the Year	Aditya Singhal CEO & Co-founder, IML Jeans	Sourabh Bansal Founder & MD, Magicrete
Special Jury Award	NA	Mausmi Ambastha, Founder & COO, Threadsol

About Power2SME

The first ‘Buying Club’ for SMEs in India, Power2SME, financially backed by Nandan Nilekani, Inventus Capital Partners, Kalaari Capital and Accel Partners, began operations in 2012. Committed to empowering SMEs by increasing their profits, Power2SME focuses on reducing purchase prices for SMEs and enhancing productivity. Power2SME enables SME clients to focus on their core business of driving growth and expansion, while taking on the role of sourcing input raw materials at the most competitive price points across multiple products in categories such as Chemicals, Additives, Inks, Paints, Metals, Polymer Commodity, Polymer Engineering, etc.
Power2SME works with established and trusted suppliers such as SAIL, TATA Steel, ESSAR Steel, Allied Strips, JSW, Rathi Steel, Victor Exim, Balaji Enterprise, POSCO Steel, Apollo Pipes, JSL, and many more.

Company website: https://www.power2sme.com/

About The Indus Entrepreneurs (TiE)

The Indus Entrepreneurs (TiE) is a global not-for-profit organization focused on promoting entrepreneurship. TiE helps budding entrepreneurs by way of advice, guidance and assistance from successful & experienced entrepreneurs and professionals. TiE provides a platform for mentoring, networking & education, to entrepreneurs & professionals. Each location of TiE offices is called a chapter. TiE has grown into a prominent, global, not-for-profit organization, which is inclusive and transparent in its governance and operations.