Bawna Pagaria, Co-Founder & CEO of Indiazona, On Empowerment of Small Businesses

India Economic Summit: Bawna Pagaria, Co-Founder and CEO of Indiazona, speaking at India Economic Summit (IES) 2024, shared her entrepreneurial journey and insights on empowering small and medium businesses (SMBs) in India. During her dress, Pagaria highlighted critical challenges facing Indian SMBs and role of Indiazona in bridging se gaps to foster growth and innovation.

“Since my childhood, I always aspired to start my own business,” Pagaria began, reflecting on her entrepreneurial spirit. “With Indiazona, we’ve interacted with numerous business minds and crafted solutions with a singular mission: to uplift our manufacturers and empower backbone of India’s economy.”

One of key issues Pagaria highlighted is regulatory and compliance burden that hinders small businesses. “In India, SMBs have faced numerous challenges, and compliance is one of biggest. At Indiazona, we’re focused on helping businesses navigate se obstacles so y can focus on what truly matters—developing ir products,” she stated. 

Her speech underscored current opportunities for growth in India, describing country as being at a “very progressive stage” where businesses can thrive. “Now is right time for businesses to scale up. With government initiatives like Make in India and continued support for business sector, potential for small businesses to expand is greater than ever,” Pagaria ded.

Acknowledging vital role of government support, Pagaria praised initiatives that encourage manufacturing and entrepreneurship. “ boost provided by government and its focus on supporting businesses will continue to expand scope for small enterprises. It’s an exciting time for Indian businesses,” she said.

Pagaria also shared valuable lessons from her entrepreneurial journey, particularly about risk management. “A true entrepreneur builds a business from scratch. Over years, I’ve learned that risk-taking is essential. It’s not about avoiding risk, but about navigating it effectively,” she said.