YES BANK launches MSME ‘Scale-Up' series, a unique Industry-Academia collaboration, to upskill MSMEs from Tier 2 and Tier 3 cities with MDI Gurgaon as its Training Partner and Spark Minda, a global entity in automotive components. The initiative is aimed at boosting MSME businesses by educating them on latest manufacturing technologies, global best practices and innovative finance management.

The maiden chapter of the Series kicked off in MDI Gurgaon, in collaboration with the first Corporate Anchor ‘Spark Minda'. The curriculum of the pilot workshop has been jointly designed by Management Development Institute (MDI), Spark Minda Supply Chain Heads and YES BANK's MSME subject matter experts. Spanning across 2 days, the residential training program was attended by top 50 promoter-level MSME suppliers of Spark Minda, Ashok Minda Group.

This is the first of the series of similar workshops planned in partnership with different Corporate Anchors across industries during the year.

Commenting on the initiativ Rana Kapoor, Managing Director & CEO, YES BANK said, "India's MSMEs have played a key role in its economic development, accounting for almost 45 % of industrial output and over 8% of GDP. YES BANK is committed to being a one stop solution provider for the MSME sector by not only catering to all their banking requirements but also providing scale-up trainings through such unique collaboration to promote operational efficiency, digitization and a robust environmental and occupational health & safety performance, thus handholding them to becoming globally competitive."

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