Sigachi Industries Limited received top 100 SME Award 2022 in the 9th edition of the India SME 100 Awards 2022 by Shri Bhanu Pratap Singh Verma, Minister of State for MSME, Government of India. Sigachi received this honor because of the company’s struggle on building world-class products and supplying excellent services to customers worldwide.
SMEs are basically Small and Mid-size Enterprises, are businesses that maintain revenues, assets, or a number of employees below a certain threshold. Each country has its own SME. SMEs play an important role in the economy. They are playing an important in the Indian economy as well. They employ more than 40% of India’s work force.
Sigachi Industries is driving the India’s growth in the Microcrystalline Cellulose industry with its focus on innovation and quality within the industry. In 2021, the company has also successfully launched its IPO and received a good response. The Jury Board of the 9th Edition of India SME 100 Awards consists of eminent personalities such as Shri Dhanendra Kumar, IAS, Former Chairman Competition Commission of India, Chairman of the Jury Board, Shri Joginder Singh Joneja, Former CMD, National Small Industries Corporation, Vice Chairman of the Jury Board, and many more.