IndiaMART.com Triggers Global Growth Prospects for SMEs

In Association With TiE Organises SME Conference 2011 on "Going Beyond India - Competing in a Globalized Economy"

NEW DELHI, January 31, 2011 - "It is time for Indian Small and Medium Enterprises (SMEs) to go beyond
India, explore 'Bharat'." This statement by Professor Suresh Tendulkar gave a
whole new dimension to the SME Conference 2011 organised by IndiaMART.com in
association with TiE Delhi NCR recently at Hotel Sheraton, New Delhi. This
year's Conference was centered around the theme of "Going Beyond India -
Competing in a Globalized Economy," underlining critical elements which
vitalize SMEs for global competitiveness. Presence of dignitaries from
various fields such as Mr. Uday Kumar Verma, Honourable Secretary, Ministry
of MSME; Prof. Suresh Tendulkar, Chairman, Indian SME Knowledge Forum,
Director, Central Board of RBI & Former Chairman, Economic Advisory Council
to PM; Mr. Pradeep Gupta, Chairman & Managing Director, CyberMedia Group; Mr.
Dinesh Agarwal, Founder & CEO, IndiaMART.com; Mr. Pavan Vaish, CEO, IBM
Global Services; Mr. Brijesh Agrawal, COO, IndiaMART.com; Mr. Ajay K Koul,
Vice President - Business Alliances, FIIT JEE among several others multiplied
the significance of the Conference.

Opening the session with his encouraging words, Mr. Dinesh Agarwal,
welcomed the distinguished guests. Reiterating on the important role of SMEs
in the growth and development of the economy, he said, "Our SMEs have created
immense employment opportunities for over 60 million people in the country.
They account for approximately 45% of the manufacturing output and 40% of the
total exports of the country. Certainly huge numbers but still leave a lot of
room to achieve their full potential. These figures can grow manifolds if
they possess competitive advantage over their counterparts in global
markets." He added, "At IndiaMART.com, we believe globally competitive and
resilient SMEs are quintessential for further growth and development process
of the Indian economy. Our association with TiE for the SME Conference is a
step towards readying the Indian SMEs with such competitiveness."

Chaired by Mr. Pradeep Gupta, the inaugural session saw Mr. Suresh
Tendulkar share macro perspective on making SMEs competitive in today's
globalised economy. He said, "Being globally competitive depends upon SMEs'
ability to take up challenges and tackle them." He also highlighted that
developed countries have aging population while developing nations have a
working population and added, "In the coming times, growth rate in emerging
markets will be much higher as compared to developed economies." He concluded
by bringing focus back to the country, saying, "Competitiveness needs to be
built not only global markets but also for domestic. It is time for Indian
SMEs to go beyond India, explore 'Bharat'."

Upbeat about the growth of the MSMEs in the times to come, Mr. Uday Kumar
Verma, said, "I am extremely happy and privileged to share my thoughts
here… Of late, MSMEs are getting lot of attention. The decade which has
started rightfully belongs to them. We need to aggressively push their
agenda." He also elaborated on the challenges that prevailed in this sector
such as credit, technology, infrastructure, marketing and skill development."

The next session focused on 'SMEs - Expanding your horizon (setting up
for a globalised economy)'. While Mr. Mritunjay Kapur, Country Managing
Director, chaired the second session on 'SMEs - Expanding Your Horizon
(Setting up for a Globalised Economy)', Mr. Pavan Vaish, CEO, IBM Daksh
Business Process Services, talked about the importance of operational
excellence and a strong value system in a business as prerequisites to take
one's business to a global level. The other eminent speaker Mr. Somenath
Ghosh, Chairman & Managing Director, NRDC also presented his views.

Another session 'Scaling up - Practitioner's Perspective' chaired by Mr.
R. Narayan, CEO, Denave India Pvt. Ltd. proved to be truly insightful and
interactive session for the audience where Mr. Brijesh Agrawal andMr. Ajay
Koul shared their business perspectives. From the mindset of an entrepreneur,
market identification & development, technology, conviction of the team in
the business idea & entrepreneur, product positioning, customer retention to
creating & sharing wealth, the session dealt with every critical factor
involved in scaling up of small businesses.

Other important sessions were: 'My Story Session' chaired by Mr. Ketan
Dewan, Managing Director, KRD Vision, with Mr. Kunwer Sachdev, CEO, Su-Kam
Power Systems Ltd. and Mr. Ashwani Chawla, Founder, Catmoss Retail Ltd.
sharing their success stories; 'Building an innovation culture - Leveraging
Technology, products & IP to Enhance Global Competitiveness' chaired by Mr.
Vinod Sood, Managing Director, Hughes Systique Pvt.Ltd.; and 'Funding - Debt
vs equity- whats the best option for me?' chaired by Ms. Kalpana Jain, Senior
Director, Deloitte Touche Tohmatsu India Ltd.

Each session had an enthusiastic audience which posed different questions
to the panelists. The Conference was hugely successful and was able to
address the issues which concern SME competitivess at a global level.
IndiaMART.com will continue to partner itself with such endeavours that will
aid in enhancing growth prospects for the SMEs.

About IndiaMART.com

IndiaMART.com (www.indiamart.com/) is India's largest online B2B
marketplace connecting global buyers with suppliers through business
directories, online product catalogs, buy-sell offers, industry specific
marketplaces, printed media and trade shows participation.

Founded in 1996 by Mr. Dinesh Agarwal (CEO), the company has a pan-India
presence in over 100 cities. With over 2400 employees located across 55
offices in the country, IndiaMART.com (www.indiamart.com/)offers an
extensive range of value- added products and services to its 1 million
registered members and nearly 5 million global buyers across various
industries and verticals.

IndiaMART.com (www.indiamart.com/) has won numerous awards over
the years and has been widely covered by media such as CNBC, BBC,
BusinessMoney, CNN, Businessworld, Economic Times, Financial Express, etc for
its pioneering role in promoting SME business in the country. Its existing
investors include Intel Capital and Bennett, Coleman & Co. Ltd (Times Group),
India's largest print media group.

About The Indus Entrepreneurs (TiE)

The Indus Entrepreneurs (TiE) is the world's largest organization
dedicated to the advancement of entrepreneurship. TiE was founded in 1992 in
Silicon Valley by a group of successful entrepreneurs, corporate executives,
and senior professionals with roots in the Indus region.

There are currently over 15,000 members and more than 2,500 charter
members in 56 chapters across 14 countries. TiE's mission is to foster
entrepreneurship globally through mentoring, networking, and education.
Dedicated to the virtuous cycle of wealth creation and giving back to the
community, TiE's focus is on generating and nurturing our next generation of
entrepreneurs

TiE members include senior and successful Entrepreneurs, VCs, Angel
Investors, Private Equity, and Law Firms, Tech and Management professionals,
SME's, aspiring entrepreneurs and students.

    Media Contacts
    Pawandeep Kaur
    Manager - PR
    T: +91-120-3911000
    F: +91-120-2424943
    E: pr@indiamart.com

Pawandeep Kaur, Manager - PR, T: +91-120-3911000, F: +91-120-2424943, E: pr at indiamart.com