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Yes Bank launches MSME Scale-Up program

By Swati Deshpande,

Added 05 June 2018

Collaborates with Spark Minda to train their Tier suppliers scale-up their businesses

Ashok Minda, Group CEO, Spark Minda said, "Indian automotive sector is amidst the era of evolution where next phase of growth lays on world class skilling, financial best practices, time & resource management. Industry till date has been focused on manufacturing, supplying, warehousing and logistics. Imparting the precise skill sets and boosting MSME business amongst the supplier is prudent for the industry as well as for our group. We have collaborated with YES BANK & MDI, Gurugram for training/skilling our 50 suppliers. This joint initiative will impart expertise which is important for the sector at the given hour; such honorable associations are meant to be taken leaps and bounds."

Dr. Himadri Das, Director, MDI Gurgaon said, "As a pioneer in Management Development Programs in India, MDI Gurgaon is pleased to partner with YES BANK for this unique MSME initiative. This is a classic example of industry-academia partnership where MDI Gurgaon and YES BANK together are providing MSMEs with critical complementary inputs of knowledge capital and financial capital, respectively. The financial capital provided by YES BANK through their lines of credit will be most effectively put to good use by the MSMEs with the knowledge capital provided by MDI Gurgaon through their training programs. These complementary set of inputs will fuel the growth of MSMEs, which are an extremely important component of the Indian economy."

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