MMS finance seminar on 19 June

On 19 June 2014, Mumbai Mudrak Sangh (MMS) will organise a half-day seminar at the MIG Club in Mumbai.

07 Jun 2014 | By PrintWeek India

The first half would include presentations by Microsoft on the path ahead with cloud and actual live user experiences. This will be followed by a panel discussion called: Funding ka Funda.

According to Medha Virkar, president of the MMS, "Most printing presses belong to the small and medium enterprise category and are mainly closely held companies. Also, now, many of the banks are focusing on SME groups. In such a scenario, it is necessary for MMS members to understand the various options available for procurement of finance."

Uday Dhote, who is the brain behind the seminar, "There are also many unanswered questions in the minds of members like, how do banks look at the financial statements and project proposal, what is the importance of structuring the financial statements for future growth, what are the new schemes available under MSME, etc."

The discussion boasts of an impressive array of panelists. These are Sanjay Kale, AGM, State Bank of India; Vijay Bhave, technical director, Janata Sahakari Bank; Sanjay Agrawal, senior president – business banking, Yes Bank; Nilesh Challawar, vice president – sales, Electronica Finance; Amit Goyal, general manager, SIDBI; Kamal Chopra, co-chairman of government relations at All India Federation of Master Printers; Ajay Wadke, who is a CA. The session will be moderated by Pramod Gosavi, who is a consultant at TCS Ltd.

The MMS is one of the principal associations of printers in Mumbai for more than 60 years. It is also an important constituent of the state apex body – ‘Maharashtra Mudran Parishad’ and the national apex body – ‘All India Federation of Master Printers. 

Virkar said, "The primary responsibility of MMS is to work in the best interest of its members who are a part of the graphic arts industry. MMS hopes to achieve this through a meaningful mobilisation of the printers’ abilities towards achieving excellence and creating mutual trust. Our association regularly holds seminars, workshops and events where we share knowledge to benefit our members."