Sabare International receives SME of the year award
12 May '06
1 min read
Sabare International, one of India's manufacturers and distributors of home furnishings.
The company was the recipient of the prestigious CNBC-TV18's Emerging India Awards in all the three categories instituted for the textile industry.
Sabare won the 'The Small and Medium Enterprise of the Year', award for the textile industry. Sabare International was short listed from 35,000 entries across the country. This award was presented by ICICI Bank Business Banking and powered by CRISIL.
The Emerging India Awards is the first ever awards created for India's small and medium enterprises. The awards were hosted to encourage SMEs to outperform and to honour the deserving enterprises. The Emerging India Awards have created a new benchmark of excellence for India's small and medium enterprises.
Sabare US, a US subsidiary of Sabare, in Atlanta, with an office in Phoenix, and plans to have three subsidiaries in China, the biggest in Shanghai.
The Panipat and Noida factories have expertise in value-added tapestry lines and Sabare is strategically located in these areas, to reap all the economies of scale and skill for the special varieties and value-adds.