New Delhi: On the occasion of International MSME Day, Shri Nitin Gadkari the minister for MSME and Road Transport and Highways addressed a virtual conference on Indian MSMEs as Growth Engines to Economy and emphasized the overall implementation of various initiatives under AatmaNirbhar Bharat, also eyeing other industries such as Agriculture, Food Processing Industry, Leather and Tribal Industries. With the aid of new technology, relevant researches, innovation, and quality improvement, the initiative would play a major role in industrial development.
An integrated services portal of Udyam Registration Portal with Common Service Centre (CSC) was launched by Gadkari regarding the increasing benefits of various government schemes amongst MSMEs in far-flung areas.
Minister of State for MSME and Animal Husbandry, Dairying & Fisheries, Shri Pratap Chandra Sarangi stated that Ministry is supporting MSMEs through various schemes and initiatives to enhance manufacturing competitiveness and unleash the true potential of MSMEs. And have emphasized on MEMEs to adopt digital tools and techniques in unprecedented times, to re-build and craft new models ensuring the speedy revival of their businesses and become future-ready.
During the Panel Discussions chaired by Secretary (MSME) and Additional Secretary & Development Commissioner (MSME), special emphasis was laid on the Export promotion and making use of Free Trade Agreements (FTA) for achieving India’s goal of becoming a $5 trillion economy by 2025. Also, MSME E-commerce would be enabled for Business Beyond Borders for online-market boost and will gain advantages against increased revenues and margins, improved market reach, access to new markets, savings in marketing spending, customer acquisition, and enhanced customer experience.
On the occasion of International MSME Day, the Virtual Conference on Indian MSMEs as Growth Engines to Economy was organized by the Ministry of MSME in association with India SME Forum, Electronics & Computer Software Export Promotion Council, Export Promotion Council for Handicrafts, the Gem & Jewellery export promotion council, Council for Leather Exports and All India Plastics Manufacturers’ Association on the role of MSMEs in fueling the growth to achieve the PM’s vision of USD 5 Trillion Economy.
Furthermore, support will be in forward from MSME Ministry to strengthen the nation’s economy.