Auto-component manufacturer and alumnus of IIT-Kanpur, Sandeep Jain, has been unanimously elected President of the Federation of Indian Micro and Small & Medium Enterprises (FISME) for 2024-25.
His name was approved in the meeting of the Central Executive Committee of FISME held in New Delhi. Before moving up to Presidentship, he served as Vice President of FISME.
In its long tradition of being run democratically, FISME holds annual elections for the one third members of the strength of its CEC and the newly constituted body elects the President for the year.
Jain takes over the reins of FISME from Prashant Patel, a manufacturer of dyes and chemicals having plants in Ahmedabad and Surat.
Sandeep Jain is a B.Tech in Mechanical Engineering from IIT Kanpur. He started his career with TVS Electronics & Tata Unisys and later set up SOLO Components Pvt Ltd, based in Gurgaon in 1991.
SOLO is a fully integrated CNC Machine shop supplying Precision Machined Castings of ferrous and non-ferrous alloys operating from 3 plants housing 52 CNC machines and employing 150 people. The company supplies precision machined parts and components to OEMs in the auto supply chain, engineering, telecom, and medical, among others.
Keeping in view the industry body’s thematic focus is both reforming the legacy constraints in the MSME ecosystem and emerging challenges of tech and climate change shaping the markets, FISME says it has relied on Jain who is expected to address both legacy challenges and embrace emerging trends like AI, IoT, and climate solutions to ensure MSME relevance.
Jain is also an alumnus of the prestigious Indo-German Manager Training program and is the Northern Region head for IGBDA – association of the alumnus of this program.