New Delhi, 2008 – Vi-Ga, one of the fastest growing footwear company has won the Best SME Award 2007 organized by the Indian Chamber of Small and Medium Business Limited. This Award, which is the highest honour in the SME Chamber, has been conferred on Mr. Vinayak Mahtani, CEO, Vi-Ga for his tremendous contribution to the SMEs.

Vi-Ga was awarded the trophy of the National level SMS Excellence Award 2007, by the Small & Medium Business Development Chamber of India on the occasion of 6th international conference on SME Financing, Better Banking Regulation and Integration of SMEs.

Dr. C. Rangarajan, Chairman, Economic Advisory Council to Prime Minister while handing over the award said, “Vi-Ga has firmly established itself as a leading player in the retail footwear category in the country. Vi-Ga has built an incredibly successful business from scratch, one which has had a truly transformational impact on our industry, on the customers it serves and on India’s economy. Mr. Mahtani’s brave and ambitious strategies will continue to resonate across the country, our industry and the business community globally, becoming a benchmark for emerging footwear markets worldwide. We congratulate Vinayak Mahtani, on what has been an immense personal contribution to the vitality of the Footwear world."

On the receiving the award Mr. Vinayak Mahtani said, “This is a tremendous honour and I would like to thank the Chamber of India for considering us worthy of this award. This award is a tribute to the SME integration in India, Vi-Ga’s vision and the emergence of Retail boom on the Indian horizon. It has been a privilege for me personally and Vi-Ga to have been a part of this revolution that has delivered affordable services for all and has contributed to the lives of millions across India.”

"We are delighted and honored to receive this prestigious award from Government of India. We would like to thank our customers for their strong support in a short span of three years and we will continue to focus on bringing high fashion, quality products throughout the region with the vision to provide international fashion at pocket friendly prices." Added Mr Mahtani

In the quest for the unique and unusual Vi-Ga describes itself the finest for the fashion footwear at affordable prices for the entire family. All the buying for Vi-Ga happens internationally as well as nationally with designing teams in Dubai, Düsseldorf, Delhi & Singapore. A strong growing retail presence in North of India, Vi-Ga aims to provide “fashion footwear at affordable prices” to the fashion conscious patrons.

Vi-ga, ‘good shoes better prices’ is famous and enjoyed for its variety available in accessories like bags, wallets and footwear. Vi-Ga, has categorized its extensive range into sub-brands like Maharani, Page 3, Logo, Easy step, Fifth Avenue, Victory for ladies; Logo, Wall Street, Victory, Easy Step, Wanted for Men whereas Junior, Ms. Attitude, Mini, Victory for kids each catering to exclusive categories & designs.

Mr. Chandrakant Salunkhe, Chairman, SME Chamber of India said “ He is now extending his business plans to Indian retail on the pan India basis by opening 100 more stores in India by 2010. I just know he will do for this sector what he has done for the Indian Retail – and Indian consumers will be the big winners.”

About Vi-Ga
German Organisation incorporated in 1986 ventured into India on 1st April 2005 in New Delhi. Vi-Ga Opened its 1st store on 5th October at Central Market, Lajpat Nagar, New Delhi with the company motto being “ Good Shoes Better Prices’’, Vi-Ga is targeting the mid segment of society & believe in providing footwear for the whole family.

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