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Home > Buzz > Ajay Thakur Champions Indias SME Revolution with New Book Vision to Victory

Ajay Thakur Champions India’s SME Revolution with New Book Vision to Victory

Updated on: 25 October,2024 03:33 PM IST  |  Mumbai
Buzz | sumit.zarchobe@mid-day.com

Thakur’s work provides a roadmap for accelerating the growth of this critical sector aims to inspire the next generation of entrepreneurs and business leaders.

Ajay Thakur Champions India’s SME Revolution with New Book Vision to Victory

Ajay Thakur

Ajay Thakur, a prominent figure in India’s financial markets with over three decades of experience, has launched his latest book, Vision to Victory: Unleashing India’s SME Potential, published by Invincible Publications Pvt Ltd. The book offers a comprehensive guide to unlocking the true potential of India’s small and medium enterprises (SMEs), which have long been recognized as the backbone of the nation’s economy. Thakur’s work provides a roadmap for accelerating the growth of this critical sector and aims to inspire the next generation of entrepreneurs and business leaders.


Throughout his illustrious career, Thakur has held pivotal roles in major financial institutions, including Stock Holding Corporation of India, Vadodara Stock Exchange, and BSE (Bombay Stock Exchange). Most notably, he was instrumental in establishing the first-ever SME and Startup Platform in India, enabling small and medium businesses to access much-needed capital and scale their operations. This platform has been transformative for India’s SMEs, offering them a direct path to growth and development.

Thakur’s career began in 1994 as an Executive at Stock Holding Corporation of India. A year later, he moved to the Vadodara Stock Exchange as a Management Executive, where he gained in-depth knowledge of market operations and the clearing house. His work during this period laid the foundation for his future achievements. However, it was his leadership at BSE that truly cemented his legacy, as he successfully launched the SME and Startup Platform, transforming the financial landscape for countless small businesses.

In Vision to Victory, Thakur shares his expertise and insights, accumulated over decades of working at the forefront of India’s capital markets. The book identifies the key challenges facing SMEs and startups in India and offers practical solutions to overcome them. Thakur’s vision is to create an ecosystem where Indian SMEs can thrive and play a significant role in driving the nation’s economic growth.

Reflecting on the impact of SME platforms, Thakur explains, “SMEs being the backbone of the economy has got the access to equity funding through SME Platforms of the Exchanges. This has resulted into transformation of many SMEs and they have grown into big companies. This has further helped into employment generation and equitable growth.” His words underline the vital role that these platforms play in empowering SMEs, driving job creation, and fostering more equitable development across the country.

Vision to Victory is an essential read for anyone looking to understand the dynamics of India’s SME sector, from policymakers and investors to entrepreneurs aiming to scale their businesses. With Thakur’s deep understanding of the sector, the book serves as both an inspiring vision for the future and a practical guide for achieving success in an increasingly competitive global marketplace.

As Thakur continues to be a vocal advocate for the SME sector, his book is poised to influence and guide the future trajectory of India’s small and medium enterprises, ensuring their vital contributions to the country’s economy continue to grow.

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