Woman
Entrepreneurship
VIEC (Vibrant India Economic Council)
Vibrant India Economic Council is an emerging non-profit association that represents a diverse range of MSMEs, namely individuals, manufacturers, traders, service providers, rural and cottage industries, independent professionals, consultants, sportsman, artists and other entities. Self-reliance, sustainability, affirmative action, skill training, and women entrepreneurship is our primary goal with an objective to contribute to the growth of the Indian economy and facilitate it become one of the largest economies in the world.
AVPARTNERS
Here at AVPartners, our name says it all: Partner (n): A person who shares or is associated with another in some action or endeavour; sharer; associate.
LEARN MORE ›AUDIO VISUAL
Technology plays a pivotal role in the success of any event. At AVPartners, we understand that you trust us to get it right. As a leading audiovisual outsourcing company...
LEARN MORE ›PEOPLE
At AVPartners we recognise technology is important, but this is merely the tools of our trade. It is our people that deliver the craftsmanship and work with you and your guests...
LEARN MORE ›STYLING
Styling an event takes imagination and skill. At AVPartners, we know how to bring all the elements together; from creative, to technical, to entertainment...
LEARN MORE ›Technology plays a pivotal role in the success of any event. At AVPartners, we understand that you trust us to get it right. As a leading audiovisual outsourcing company...
LEARN MORE ›Here at AVPartners, our name says it all: Partner (n): A person who shares or is associated with another in some action or endeavour; sharer; associate.
LEARN MORE ›At AVPartners we recognise technology is important, but this is merely the tools of our trade. It is our people that deliver the craftsmanship and work with you and your guests...
LEARN MORE ›Styling an event takes imagination and skill. At AVPartners, we know how to bring all the elements together; from creative, to technical, to entertainment...
LEARN MORE ›What is MSME ?
MSMEs in India are classified into three categories as micro, small and medium enterprises, which operate into two broad activities namely Manufacturing and Service. Manufacturing enterprises are engaged in the production or manufacture of goods, while Service enterprises are engaged in the provision of services. The government has defined the classification criteria based on their Capital Investment in plant and machinery or equipment and turnover criteria.
MSME Classification:
Micro, Small and Medium Enterprises (MSME) are the backbone of the Indian economy, accounting for a significant share of the country in exports. The sector comprises enterprises engaged in manufacturing, processing, or preservation of goods as well as providing services, with an investment in plant and machinery or equipment up to Rs. 50 crore and an annual turnover up to Rs. 250 crores.
Micro, Small and Medium Enterprises (MSMEs)
Micro
Investment: Up to Rs. 2.5 Cr
Turnover: Rs. 10 Cr whichever is earlier.
Small
Investment: Up to Rs.25 Cr
Turnover: Rs. 100 Cr whichever is earlier.
Medium
Investment: Up to Rs. 125 Cr
Turnover: Rs. 500 Cr whichever is earlier.
Government Initiatives Supporting MSMEs
The Government of India has introduced multiple schemes to strengthen and promote MSMEs. Key initiatives such as PMEGP, CGTMSE, CLCS, NSIC, TEQUP, and Cluster Development Programs provide financial assistance, credit support, technology upgrades, and skill development to enhance competitiveness and growth.
The Indian government has undertaken several initiatives to promote the growth of the MSME sector. These include schemes like PMEGP, CGTMSE, NSIC, TEQUP, CLCSS, CDP, and others.
As per the latest available data, there are over 63 million MSMEs in India, employing over 110 million people contributing upwards of 30% to the country’s GDP. The sector is a key driver of growth and plays a crucial role in the country’s economic development.
Meet the team that makes the magic happen
Meet our diverse team of world-class creators, designers, and problem solvers.
Client Testimonials
Hear what our clients have to say about their experience with VIEC and how we’ve helped them navigate the MSME landscape.
I am really pleased to see the range of specialist on a single form. This certainly looks like a Single Point Solution to all the issues faced by MSME Sector.
I am really pleased to see the range of specialist on a single form. This certainly looks like a Single Point Solution to all the issues faced by MSME Sector.