Latest news with #ETMSMEAwards2024
Time of India
25-06-2025
- Business
- Time of India
From farm to factory: Dela Foods is rewriting the rules of food processing in India
Live Events Founded in 2014 in Ratlam, Madhya Pradesh by Eva Chawla, Dela Grain Foods Pvt Ltd has emerged as a positive catalyst for India's food processing and hotel, restaurant, and catering (HoReCa) sectors. Operating at the intersection of sustainability, farmer engagement, and technology, this company exemplifies how MSMEs can create value addition and reduce food waste while being profitable and company's most significant contribution lies in its approach to reducing the wastage of fresh produce, one of India's most pressing agricultural challenges. According to the Food Waste Index Report 2024, published by the United Nations Environment Programme, India generates an astounding 78.2 million tonnes of food waste every year. Dela Foods addresses this through direct dealings with farmers and bulk purchasing produce. Through assured demand and fair pricing, this sourcing model has eliminated intermediaries, reduced post-harvest losses, and ensured steady incomes for farmers, empowering on-ground stakeholders within the MSME Foods' approach demonstrates how MSMEs can achieve economies of scale typically associated with large enterprises. The focus on waste reduction extends beyond environmental benefits to create significant economic value. By developing processing capabilities that can handle imperfect or surplus produce that would otherwise be discarded, Dela Foods has opened new revenue streams while contributing to sustainable practices. This encourages other enterprises to view food waste not as a disposal problem, but as an opportunity for value the manufacturing front, Dela Foods has brought industrial-grade food processing to smaller players. Its 5,000 sq metre unit produces ketchups, noodles, pickles, and emulsified and culinary sauces under the brands Dela, Dela Professional, Tom-chi, and Gagimal Gordhandas. In doing so, the company meets the distinct needs of retail consumers and HoReCa clients. The portfolio is positioned in value-added segments that generate higher margins and create more employment opportunities per unit of raw material Foods' trailblazing achievements also extend to founder and Managing Director Eva Chawla, who has received multiple accolades. These include the MAWE (Madhya Pradesh Association of Women Entrepreneurs) Shines Award 2024 and a nomination for MSME Women Entrepreneur (Micro) at the ET MSME Awards 2024. At the latter — which is India's most prestigious MSME awards — Dela Foods won the Fastest-growing MSME (Micro) its innovative approach to farmer engagement, waste reduction, and food processing, Dela Foods has established itself as more than just another MSME. It has proved that mission-driven enterprises that prioritise sustainability can be profitable more winner vignettes of the ET MSME Awards , keep an eye on this space.
Time of India
25-06-2025
- Business
- Time of India
This Vadodara-based MSME is transforming food manufacturing in India
Live Events Food ingredient and nutraceutical manufacturers are critical to the food industry, developing everything from vitamin premixes that fortify cereal to stabilisers that make perishables last longer than they otherwise would. Their expertise in food science and regulatory compliance allows smaller manufacturers to access sophisticated ingredients and technologies without investing in expensive research and development (R&D). By standardising ingredient quality and functionality, these companies enable food producers to enhance flavours, extend shelf life, meet nutritional requirements, and maintain product consistency across different seasons and India, Sudeep Nutrition Pvt Ltd stands at the forefront of innovation in this sector. Founded in 2021 as a subsidiary of Sudeep Pharma Pvt Ltd, it has emerged as a transformative force in the country's nutrition and food processing landscape. With a legacy that spans over three decades through its parent company, Sudeep Nutrition has created a reliable foundation for small businesses seeking to upgrade manufacturing capabilities and enter premium market company operates from a state‑of‑the‑art facility in Vadodara spanning over 40,000 sq metres, with a capacity of 50,000 metric tonnes. Its global certifications (FSSC 22000, WHO GMP, ISO 9001:2015, HACCP, halal, and kosher) ensure that MSMEs sourcing from Sudeep Nutrition meet stringent regulatory standards, facilitating market access and export opportunities to the likes of the US, Canada, and Germany, to name a few. Its ingredients have found their way in products made by Nestle, PepsiCo, Abbott, Pfizer, Torrent Pharma, Mankind, and Nutrition's growth has been exemplary. Apart from having 13 global warehouses, including in markets like the US, Mexico, and Bangladesh, it reported a compounded annual growth rate of 358% in the three years ending FY24. For this reason, it was recognised as the Fastest-Growing MSME (Medium) at the ET MSME Awards 2024, India's most prestigious MSME company's impact stems from its specialised approach to customised premixes, which include blends of vitamins, minerals, amino acids, and other functional ingredients. By democratising access to sophisticated nutritional enhancement, Sudeep Nutrition has enabled micro, small, and medium food manufacturers to compete with larger corporations, levelling the field in the cutthroat food and beverage market. Its backward integration strategy has been revolutionary for India's MSME ecosystem, allowing for price benefits and operational Nutrition's technological innovations extend beyond basic mixing to advanced processing capabilities. A technology with the ability to modify fine particles into agglomerated powders with better stability and dissolution capabilities has opened new product development possibilities for MSMEs. This has been especially impactful for manufacturers of infant formulas, making it easier for them to meet international standards while maintaining cost company's role as an ecosystem enabler extends beyond product supply to comprehensive technical support. Sudeep Nutrition assists with different development challenges such as active ingredient stability, providing MSMEs with specialised knowledge that would otherwise require substantial R&D investment. This has empowered more than 1,000 enterprises worldwide to innovate and expand their portfolios without the barriers of technical expertise and capital its comprehensive approach combining technical innovation, backward integration, and extensive support, this ET MSME Award winner exemplifies how specialised MSMEs can drive ecosystem-wide transformation, proving that revolutionary change can begin with excellence in niche more winner vignettes of the ET MSME Awards , keep an eye on this space.
Time of India
19-06-2025
- Business
- Time of India
Romsons International: Pioneering Indian medical device manufacturing
The category winner of the ET MSME Awards 2024 has evolved from being a humble lab equipment maker in the 1950s to becoming an exporter par excellence. Here's a look at its journey. Tired of too many ads? Remove Ads Catheters, surgical gloves, and anaesthesia products Disposable syringes, IV cannulas, and infusion sets Mother and baby care products such as breast pumps and baby wipes Incontinence care products like adult diapers Diagnostic and monitoring devices, including glucometers and blood pressure monitors PPE kits and face masks Tired of too many ads? Remove Ads (This article is generated and published by ET Spotlight team. You can get in touch with them on etspotlight@ Manipal Hospitals, Fortis, Max Healthcare, Medanta, Apollo Hospitals. When your clients are some of India's most prestigious medical institutions, it's a given that you are at the forefront of healthcare International has pioneered medical device manufacturing in India since 1952. Established as 'Romsons Scientific and Surgical Industries' by Ram Lal Khanna in Amritsar, the company began with laboratory and scientific equipment before expanding into disposable medical equipment, producing its first non-sterile Nelaton catheter in 1967. This marked the beginning of Romsons' journey into the medical device 1994, the company founded Romsons International in Agra, a wholly export-oriented unit. The following years saw significant milestones, including ISO 9002:1994 certification in 1999 and CE mark accreditation, enabling exports to European countries. In 2003, Romsons achieved ISO 9001:2000 certification, and by 2007, it had also obtained ISO 13485:2003 certification, underscoring its commitment to quality and regulatory International has a portfolio exceeding 200 products across:Romsons' major international markets are the United States, United Kingdom, Vietnam, Maldives, Oman, and Bangladesh. It also participates in prestigious international trade fairs such as FIME in Miami, MEDICA in Germany, and Arab Health in Dubai. All in all, its distributor network is over 1,500-strong in more than 80 countries, which is no small feat: in FY24, export sales accounted for around 96% of company has earned numerous accolades for excellence, including awards from FICCI, CII, the Chamber of Commerce in India, and special recognition from the Ministry of MSME, Government of India. It won the Top Exporter of the Year (Manufacturing) category at the ET MSME Awards 2024, standing out from a pool of over 15,000 entries at India's largest, most credible MSME such as this exemplifies Romsons' leadership, and by extension, India's growing prowess in the global medical device industry. Through continuous innovation, adherence to stringent quality standards, and a robust global presence, Romsons has solidified its position as a trusted name in indigenous medical equipment more winner vignettes of the ET MSME Awards , keep an eye on this space.
Time of India
12-06-2025
- Business
- Time of India
Prevest DenPro Limited: India's rising star in global dental materials manufacturing
Live Events Small enterprise, big impact. That sums it up for Prevest DenPro Limited, one of India's shining stars in the MSME (micro, small, and medium enterprise) sector. Its growing prominence in the global healthcare sector is especially laudable considering its modest beginnings in Jammu in one of the world's leading dental materials manufacturers, Prevest DenPro serves dental professionals across over 85 countries worldwide. True to its slogan, 'The Future of Dentistry', the company's foundation rests on a commitment to R&D, operating from state-of-the-art manufacturing facilities spanning over 60,000 square feet. This extensive infrastructure supports the production of more than 100 dental products, encompassing both clinical and laboratory clinical product portfolio includes adhesives, bonding agents, composites, impression materials, orthodontic products, and teeth whitening solutions. Its laboratory products include acrylics, auxiliaries, and base plates, addressing nearly every dental indication from diagnosis to treatment. It has launched indigenous biomaterials such as CalUltra (calcium hydroxide cavity liners), CalApex (root canal sealer), and Fusion Crysta (orthodontic adhesive kit).PreVest DenPro's commitment to innovation has earned it multiple accolades. These include the MSME Women Entrepreneur (Small) category at the ET MSME Awards 2024 for Co-founder and Executive Director Namrata Modi. It is recognised by the Indian Dental Association as a top dental manufacturer (nominated for the 'National Oral Healthcare Sushruta Award'), and was conferred the Top Exporter Award by The Federation of Indian Exporters. India's Ministry of Commerce has also recognised the company as a 'Star Export House'.Prevest DenPro's export-oriented business model has established it as a significant contributor to India's robust medical device exports. The company maintains rigorous quality standards through ISO 13485, CE, and MDSAP certifications, ensuring compliance with international regulatory requirements. This commitment to quality has earned the trust of dental professionals globally, with products finding applications across endodontics, orthodontics, periodontics, restorative dentistry, and aesthetic dental device manufacturer has also established a strong presence in the United States through Prevest DenPro USA Inc., demonstrating its global expansion strategy. The company's dedication to continuous improvement and innovation, backed by a state-of-the-art research centre, positions it at the forefront of dental material technology. As the dental industry continues to evolve, Prevest DenPro Limited remains committed to developing innovative, high-quality products at affordable prices, solidifying its position as a trusted partner in advancing global dental healthcare more winner vignettes of the ET MSME Awards , keep an eye on this space.
Time of India
12-06-2025
- Business
- Time of India
This medium enterprise is building foundations for India's growth
Live Events The construction industry, largely dominated by men, is witnessing a gradual transformation as women entrepreneurs establish themselves as formidable business leaders and innovators. These pioneers aren't just participating in the sector; they are reshaping it with fresh perspectives and unwavering construction companies bring unique strengths to an industry often criticised for rigid practices. They frequently emphasise collaborative management styles, prioritise safety protocols more rigorously, and demonstrate exceptional attention to detail in project execution. Such leadership translates to improved workplace cultures, reduced turnover, and enhanced client facing challenges including access to capital, industry scepticism, and networking barriers in circles dominated by men, women entrepreneurs in this sector are proving their mettle through ventures such as commercial construction and services such as sustainable building, smart building technologies, and modular construction. SB Scaffolding (India) Pvt. Ltd., which operates under the Saarvi Group, is one such.A prominent MSME (micro, small, and medium enterprise) in India's infrastructure sector, SB Scaffolding is led by Director and Promoter Nalini Chaskar. It specialises in the design, supply, and setup of scaffolding systems, aluminium formworks, and suspended safety platforms. The company has been a trusted partner for government agencies, multinational corporations, and construction companies since 2012. Its client roster includes BASF India, High Parra Construction, KC Power Infra Ltd, Prime Interiors, and Agnice Fire Scaffolding places a strong emphasis on product quality. The company sources high-grade steel and other materials to manufacture durable, reliable scaffolding systems that can withstand the demands of various construction activities. All materials undergo rigorous testing to meet international quality standards. From its facility in Navi Mumbai, the company also makes and exports high-grade infrastructural equipment to Singapore, Zambia, Malta, Saudi Arabia, and Papua New the aegis of Nalini Chaskar and Managing Director Santosh Chaskar, SB Scaffolding has received several business accolades. These include the Best Women Director award in the category of family-owned business at the Bombay Stock Exchange in December 2023 and the MSME Women Entrepreneur (Medium) at the ET MSME Awards 2024. The ET MSME Awards are India's largest MSME awards platform, having received over 15,000 registrations in its last Scaffolding India Pvt. Ltd. aims to expand its nationwide reach and explore more international markets. With the construction sector experiencing robust growth, the company will continue playing a crucial role in supporting the infrastructure development that underpins India's economic more winner vignettes of the ET MSME Awards , keep an eye on this space.
