Business Network International (BNI), the world's largest referral marketing organization, has reached 50,000 members in India, marking a significant milestone in its efforts to empower small businesses in Tier 3 and 4 cities nationwide. With 50,830 members across 1080 chapters in 121 cities, BNI has established its presence in the country. The referral-based network has generated 31,93,874 referrals, contributing to an impressive business volume of 30,516 Crores in the last 12 months. The average value of a seat in BNI stands at 65.54 Lakh per annum.
BNI recognizes the immense potential and entrepreneurial talent in Tier 3 and 4 cities, and the ongoing initiative aims to unlock this potential by fostering collaboration and providing opportunities for exponential business growth in these cities, along with tier 1 and tier 2 cities. BNI believes that empowering small businesses and promoting cooperation can contribute to the economic development of both local communities and the nation.
Dr. Ivan Misner, BNI's Founder & Chief Visionary Officer, expressed his pride and gratitude for BNI's growth and the Givers Gain® philosophy, emphasizing the importance of developing a network in good times to reap its fruits during the most challenging times. BNI not only supports startup businesses but also helps existing businesses scale their companies by maximizing relationships and building a powerful personal network to generate referrals for life.
HemuSuvarna, BNI India National Director, expressed his enthusiasm for the organization's remarkable growth and the prospect of an even more significant impact in the future. He emphasized that India is the most exciting growth story for BNI, with BNI Members generating an astounding Rs 30516 crores in business in the past 12 months. Mumbai has also led the world in innovations it has brought forth, benefiting the MSME sector directly, promoting collaboration and phenomenal business growth across geographies.
Mac Srinivasan, Global Markets President, emphasized BNI's crucial role in connecting entrepreneurs globally and facilitating business growth through referrals. With over 305,984 members across 77 countries, BNI is touching the lives of over a quarter of a million individuals worldwide, helping them build their businesses, expand their networks, and achieve their goals. The unique chapter structure ensures exclusivity for each profession or trade, providing members unparalleled networking opportunities.
BNI's milestone celebration and bolstering of its empowering initiative for Tier 3 and 4 cities mark a transformative moment for India's business landscape. By unlocking the potential of small businesses and promoting collaboration, BNI aims to drive sustainable growth and transform the lives of countless entrepreneurs throughout the country.