BWI: SMERA Launches Grading of Maritime Training Institutes

Press release from Business Wire India
Source: SME Rating Agency of India Ltd.
Tuesday, November 16, 2010 10:49 AM IST (05:19 AM GMT)
Editors: General: Consumer interest, People; Business: Accounting & management consultancy services, Advertising, PR & marketing, Banking & financial services, Business services, Education & training, Financial Analyst, Transport engineering
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SMERA Launches Grading of Maritime Training Institutes


Mumbai, Maharashtra, India, Tuesday, November 16, 2010 -- (Business Wire India) -- SME Rating Agency of India Limited (SMERA) is a joint initiative of Small Industries Development Bank of India; Dun & Bradstreet Information services India Pvt Ltd and leading public and private sector banks. SMERA offers enterprise rating services for Micro, Small & Medium Enterprises, Green Ratings, and Rating of Microfinance Institutions.

SMERA, after having rated more than 9000 Micro, Small and Medium enterprises across the country, has now launched Grading Services for Maritime Training Institutes in the country. Directorate General of Shipping - (DGS), under the Ministry of Shipping, Govt. of India, has empanelled SMERA as an additional service provider for Grading its approved Maritime Institutions in the country.

Prior to 1996, Maritime Training Institutes in India were predominantly under the Government mandate. However in 1996 maritime training was opened for private sector participation. Since then, more than 130 institutes are engaged in conducting different types of pre-sea and post-sea courses.

SMERA's grading methodology, amongst other things, would evaluate following factors while assigning Grades to Maritime Institutions, namely: management, faculty, infrastructure, process quality, financial analysis and overall effectiveness.SMERA's Maritime Grading Service would endeavor to benchmark the applicant training institute with desirable best practices as laid down by DGS. The rating process would include submission of data by the applicant followed by a site visit and interaction with the management. The final Grading is arrived based on a committee approach.

Mr. Parag Patki, Chief Executive Officer - SMERA, stated that "We believe that additional choice of an agency will enable Maritime Training Institutions to gain pricing and service level advantages from the existing service providers"

For more information kindly visit www.smera.in



CONTACT DETAILS
Sanjay Kher National Sales Manager - Special Products, SME Rating Agency of India Ltd., +91 (22) 25188108, sanjay.kher@smera.in

KEYWORDS
CONSUMER, PEOPLE, CONSULTANCY SERVICES, MARKETING, BANKING, BUSINESS SERVICES, EDUCATION, Financial Analyst, TRANSPORT

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