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ET MSME Awards 2022: Announcing the 26 winners of India’s most comprehensive and influential MSME awards


The EconomicTimes.com announced the winners of the ET MSME Awards 2022, India’s most comprehensive and influential awards, at the Grand Finale and Felicitation Ceremony held in New Delhi in a true celebration of the entrepreneurial spirit and business excellence exemplified by Indian micro, small, and medium enterprises, who form the backbone of the Indian economy.

The dignitaries and speakers at the Grand Finale event of the third edition of the ET MSME Awards felicitated the 26 MSME winners – all of whom represent the strength, resilience, and immense potential of the Indian MSME sector in propelling India’s Amrit Kaal vision of becoming a developed nation by 2047.

Here’s the complete list of the Indian micro, small, and medium enterprises who stood out as the winners of the prestigious ET MSME Award 2022-23:

ET Online

I. OVERALL INDUSTRY AWARDS

Indian MSME of the Year Award: The award recognizes MSMEs that have shown excellence in the fields of business growth, market performance, job created, impact on consumer and economy and other socio-economic and initiatives witnessed.

  • Winner of Indian MSME of the Year Award – Micro: Bio-Age Equipment & Services
  • Winner of Indian MSME of the Year Award – Small: Chemin Enviro Systems Pvt Ltd.
  • Winner of Indian MSME of the Year Award – Medium : Jaipur Rugs Pvt Ltd.

Global Indian MSME of the Year Award: The award recognizes Indian MSMEs that have successfully expanded their business at the global level, or forayed into new markets, and demonstrated global competitiveness.

  • Winner of Global Indian MSME of the Year Award – Manufacturing: Alethea Communications Technologies Pvt. Ltd.
  • Winner of Global Indian MSME of the Year Award – Services: Skilliantech India Pvt. Ltd. (trading as SkillRecruit)

India’s Top Exporter of the Year Award: The award recognizes top Indian MSMEs involved in exporting of goods and services in both the manufacturing and services sectors.

  • Winner India’s Top Exporter of the Year Award – Manufacturing: Hi-Tech Radiators Pvt. Ltd.
  • Winner India’s Top Exporter of the Year Award – Services: Pixstone Images Pvt. Ltd.


II. AWARDS BY MSME CATEGORY

India’s Top-Performing MSME of the Year Award: The award recognizes Indian MSMEs for their exceptional performance in terms of revenue, profit and returns.

  • Winner of India’s Top-Performing MSME of the Year – Micro: Prismatic Softwares Pvt. Ltd.
  • Winner of India’s Top-Performing MSME of the Year – Small: Arris Engineering Services Pvt. Ltd.
  • Winner of India’s Top-Performing MSME of the Year – Medium: Kamaths Ourtimes Ice creams Pvt. Ltd. – Naturals

India’s Fastest-growing MSME Award: The award recognizes Indian MSMEs that have registered the fastest growth over the past year.

  • Winner of India’s Fastest-growing MSME – Micro: Circular Angle Pvt Ltd
  • Winner of India’s Fastest-growing MSME – Small: Jasma Engineering LLP
  • Winner of India’s Fastest-growing MSME – Medium: Swiss Parenterals Ltd.

India’s Top Innovative MSME Award: The award recognizes Indian MSMEs for the disruptive innovations introduced by them in the services or products or manufacturing sectors.

  • Winner of India’s Top Innovative MSME – Micro: Watsan Envirotech Pvt Ltd
  • Winner of India’s Top Innovative MSME – Small: Iysert Energy Research Pvt. Ltd.
  • Winner of India’s Top Innovative MSME – Medium: NewAge Fire Fighting Co Ltd.

III. MSME ENABLER AWARDS

Indian MSME Enabler Award for Tech & Innovation: The award recognizes enterprises for their efforts and success in enabling MSMEs in their tech and digital transformation journey and empowering them to adapt to the growing slew of tech-enabled innovations to make their businesses future-ready.

Winner of Indian MSME Enabler Award for Tech & Innovation: Zoho Corporation

  1. Indian MSME Enabler Award for Banking & Financing: The award recognizes enterprises that have demonstrated exceptional contribution in driving financial awareness, improving MSMEs’ access to financing, developing products or solutions aimed at delivering better growth opportunities while simplifying financial access and process for MSMEs.
  • Winner of Indian MSME Enabler Award for Banking & Financing: SpiceMoney

IV. SPECIAL AWARD CATEGORIES

  • Top-performing Listed Indian SME: The award recognizes top-performing SMEs listed on the BSE SME or NSE Emerge in the past year.
    Winner of Top-Performing Listed Indian SME: Bombay Metrics Supply Chain Ltd
  • Indian MSME Women Entrepreneur of the Year Award: The award celebrates the success of women entrepreneurs in small and medium enterprises in the MSME sector by recognising their contribution in both manufacturing and services industries.
  • Winner of Indian MSME Women Entrepreneur of the Year – Small: Suta Pvt Ltd
  • Winner of Indian MSME Women Entrepreneur of the Year – Medium: Vrijesh Natural Fibre & Fabrics (INDIA) Pvt. Ltd.
  • Best CSR by an Indian SME: The award recognizes Indian SMEs that have positively impacted the society by taking a strategic approach to CSR through a collaborative program.
  • Winner of Best CSR by an Indian SME: Excel Maritime & Logistics Pvt. Ltd.

V. INDUSTRY FOCUSSED AWARD CATEGORIES

Automobile & OEM MSME of the Year: The award recognizes top-performing MSMEs that have made exceptional contributions towards boosting manufacturing and R&D capabilities in the automobile and Original Equipment Manufacturers (OEM) industry.

  • Winner of Automobile & OEM MSME of the Year: Synnova Gears & Transmissions Pvt. Ltd.

Pharmaceutical & Healthcare MSME of the Year: The award recognises top-performing MSMEs that have made exceptional contributions towards boosting manufacturing and R&D capabilities in the healthcare and pharmaceutical industry.

  • Winner of Pharmaceutical & Healthcare MSME of the Year: Symbio Generrics India Pvt. Ltd.

Electrical & Electronics MSME of the Year: The award recognises top-performing MSMEs that have made exceptional contributions towards boosting manufacturing and R&D capabilities in the electrical and electronics industry.

  • Winner of Electrical & Electronics MSME of the Year: Venus Home Appliances Pvt. Ltd.

Clothing & Apparel MSME of the Year: The award recognises top-performing MSMEs that have made exceptional contributions towards boosting manufacturing and self-reliance of the clothing and apparel sector.

  • Winner of Clothing & Apparel MSME of the Year Award: United Polyfab Gujarat Ltd.

The third edition of the ET MSME Awards 2022 is powered by Onsurity and has Dubai Economy and Tourism as Growth Partner; Godrej Capital and Zoom as Platinum Partners; Airtel Business, Vivriti Capital, and MIDC as Gold Partners; IndusInd Bank as Banking Partner; ECGC Ltd as Silver Partner and India SME Accelerator Network and, SMERA as Evaluation Partners.

To know more about the ET MSME 2022-23 initiative as well as view the specially curated sessions under the ET MSME Talks conversation series, visit the ET MSME Award 2022 website here.

ETRise MSME Day 2022 Mega Conclave with Industry Leaders. Watch Now.



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