India is a major source for skilled labor across the globe and has innumerable small and medium scale enterprises working in various sectors. SPX India is an organization that has formed a database of all small and medium sized organizations operating in India. The agency is a venture of UNIDO, a United Nations initiative and endorsed by Ministry of Micro, Small and Medium Enterprises, Govt. of India.

It is well known that numerous enquiries are made in India for reliable small and medium Indian companies that work in the machinery, electrical & electronic, chemical, metal & non-metal working, plastic, rubber as well as textile industries. The integrated database is aimed to help prospective foreign companies that are looking for organizations which deliver high quality work at cost effective rates.

A well oiled chain between the buyers and suppliers of Indian products has been needed for a long time and SPX India has provided an effective database. Now, industrial subcontracting in Chennai, India and other similar regions is much easier, due the well maintained database. Similarly, maincontracting of supply chains in Pune, India has become more efficient, again, owing to the vast record of companies.

The usefulness of the data center developed by SPX India has been widely acknowledged, as foreign companies have begun to understand the capacities, capabilities and supply potential of various medium-scale Indian organizations from one point of information.

This database has been developed after several comprehensive censuses, and special care was taken to include all the organizations present throughout the country, particularly in Chennai, Pune and Gurgaon. The database is formed to encourage and streamline industrial maincontracting and subcontracting activities.

The promotion of this venture will help in developing a continuous demand and supply chain, which will help the SMES of India as well as the foreign companies. The databases have been developed for the auto components, leather and footwear companies of India, thereby putting comprehensive information at the client’s disposal.

Other benefits of the list of small and medium companies developed by the company include the substantial promotion of subcontracting consultancy in Pune. All organizations that have been profiled by SPX India in the major centers of production and trade, such as Pune, Chennai and Gurgaon have already begun reaping the profits of this noble initiative.

Some of the partner organizations of this socially aimed venture are Confederation of Indian Industries (CII), Indian Shoe Federation (ISF) and Ambattur Industrial Estate Association (ISF).

Along with these, Indian Finished leather Manufacturers and Exporters Association (IFLEMA), Small Industry Development bank of India - SIDBI, Indian Venture Capital and Private Equity Association - IVCA and The Automotive Component Manufacturers Association of India - ACMA have also endorsed the project. The endeavor has also received complete support from the Government of Italy.