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Ministry of Commerce & Industry
23-April, 2018 15:28 IST
MSMEs will play a key role in employment generation- Suresh Prabhu
Shri Suresh Prabhu delivering keynote address at the First International SME Convention – 2018, Delhi
The First International SME Convention – 2018 is being convened inNew Delhi. Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhuwas the Chief Guest at theinaugural function held today. Speaking on this occasion, the Minister congratulated Minister Shri Giriraj Singh for taking leadership in holding this International SME Convention for the first time, in which more than 30 countries are participating. He said that the world is debating strategies to revive global growth, but there are challenges like the rising gap between rich and poor within a country and also between rich and poor countries along with issues likeclimate change and jobless growth. He emphasised that Micro,Small and Medium Enterprises (MSME) will play key rolesin solving these problems.
MSMEs will reduce gap between rich and poor as they are agents of inclusive growth. Micro, Small and Medium Enterprises will help in reducing Green House Gas emissions as they are generally closer to markets leading to reduced carbon footprints. MSMEs will play a key role in employment generation thus countering jobless growth.
He further said that there is a complementary relationship between big enterprises and MSMEs. Only if thesmall survive the big will prosper. Big enterprises and MNCs require global value and supply chain, which is not possible without MSMEs. Need of the hour is strengthening these linkages between big and small, and together both will propel the global economy.
Stressing on role of MSMEs, the Minister said that new Industrial Policy, which will be announced soon, lays great stress on the role of Self Help Groups (SHGs). He also emphasised that MSMEs can take advantage of the Start-up India Program. The Minister suggested that network of MSMEs across countries in Africa, Central Asia and Latin America, may be created to promote their ideas at the global level as MSMEs are the crucible of creation of new ideas in the world of business.
The SME International Convention – 2018 is being organised by the Ministry of MSME and National Small Industries Corporation (NSIC) along with KVIC and Coir Board. During the inaugural function MoS (IC), MSME, Giriraj Singh, MoS of External Affairs, M.J. Akbar, Secretary MSME, Dr.Arun Kumar Panda, Additional Secretary and Development Commissioner, MSME, Ram Mohan Mishra, Chairman of KVIC and Chairman of Coir Board were also present.
***
Ministry of Micro,Small & Medium Enterprises
23-April, 2018 17:40 IST
Business Beyond Borders: International SME Convention – 2018 begins in New Delhi
Minister of State for Micro, Small & Medium Enterprises, Giriraj Singh, addressing delegates at the International SME Convention -2018
Delegates from 37 countries are participating in the first ever International SME Convention being held in New Delhi from 22nd to 24th April 2018. Some of the participating countries are Australia, Austria, France, Indonesia, Italy, Kenya, Korea, Malaysia, Morocco, Nigeria, Philippines, Poland, Russia, Spain, Sri Lanka, South Africa and UAE. Delegates from these countries are representing small enterprises of their countries in the sectors of agriculture, healthcare, strategic defence training, education, logistics, digital entertainment and waste management. The Convention will be also hosting over 400 entrepreneurs from India.
During the 2 days’ Convention a Khadi fashion show called “Transcending Boundaries” will be held. The show is being curated by Sunil Sethi of the Fashion Design Council of India featuring Khadi designs of Rohit Bal, Anju Modi, Payal Jain and Poonam Bhagat. The Convention has a special session for women entrepreneurs where successful women business persons will discuss creating sustainable livelihoods for women entrepreneurs.
The MSME sector has emerged as a most vibrant sector in the Indian economy and has gained recognition throughout the world for doing business in areas as varied as waste management, gems and jewellery, agriculture and food processing and the automotive industry. During this Convention around 150 exhibitors from India and abroad have set up stalls showcasing their business and products. During the inaugural function 35 of India’s “Small Giants” were felicitated by the Minister. The companies felicitated are dealing with logistics, bio-technology, pharma, semi-conductors, textiles, gems and jewellery, security and chemicals.
The Minister hoped that a Convention like this will act like a bridge across all sectors and will help India in making use of its demographic dividend by generating jobs for the youth of this country.
The Polish delegation has the largest number of participants and is led by the Mayor of Sosnowiec, Mr. Arkadiusz Chęciński. Sosnowiec is an industrial city of Southern Poland. On this occasion, Gianfranco Terenzi, President of World Union of Small and Medium Enterprises (WUSME), Prahlad Kakkar, Chairman, India SME forum, Secretary, Ministry of Micro, Small & Medium Enterprises (MSME), Dr. Arun Kumar Panda, Chairman of Khadi and Village Industries Commission and Chairman of Coir Board of India were also present.
***
The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh lighting the lamp to inaugurate the SME expo stalls, at the International SME convention 2018, in New Delhi on April 23, 2018. The Secretary, MSME, Shri Arun Kumar Panda and other dignitaries are also seen.
The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh inaugurating the SME expo stalls, at the International SME convention 2018, in New Delhi on April 23, 2018.
The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh visiting after inaugurating the SME expo stalls, at the International SME convention 2018, in New Delhi on April 23, 2018.
The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh visiting after inaugurating the SME expo stalls, at the International SME convention 2018, in New Delhi on April 23, 2018.
The Union Minister for Commerce & Industry and Civil Aviation, Shri Suresh Prabhakar Prabhu lighting the lamp at the inaugural session of the International SME Convention 2018, in New Delhi on April 23, 2018. The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh, the Minister of State for External Affairs, Shri M.J. Akbar, the Secretary, MSME, Shri Arun Kumar Panda and other dignitaries are also seen.
The Union Minister for Commerce & Industry and Civil Aviation, Shri Suresh Prabhakar Prabhu delivering the keynote address at the inauguration of the International SME Convention 2018, in New Delhi on April 23, 2018.
The Union Minister for Commerce & Industry and Civil Aviation, Shri Suresh Prabhakar Prabhu delivering the keynote address at the inauguration of the International SME Convention 2018, in New Delhi on April 23, 2018.
The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh addressing at the inauguration of the International SME Convention 2018, in New Delhi on April 23, 2018.
The Minister of State for External Affairs, Shri M.J. Akbar addressing at the inauguration of the International SME Convention 2018, in New Delhi on April 23, 2018.
23-April, 2018 15:28 IST
MSMEs will play a key role in employment generation- Suresh Prabhu
Shri Suresh Prabhu delivering keynote address at the First International SME Convention – 2018, Delhi
The First International SME Convention – 2018 is being convened inNew Delhi. Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhuwas the Chief Guest at theinaugural function held today. Speaking on this occasion, the Minister congratulated Minister Shri Giriraj Singh for taking leadership in holding this International SME Convention for the first time, in which more than 30 countries are participating. He said that the world is debating strategies to revive global growth, but there are challenges like the rising gap between rich and poor within a country and also between rich and poor countries along with issues likeclimate change and jobless growth. He emphasised that Micro,Small and Medium Enterprises (MSME) will play key rolesin solving these problems.
MSMEs will reduce gap between rich and poor as they are agents of inclusive growth. Micro, Small and Medium Enterprises will help in reducing Green House Gas emissions as they are generally closer to markets leading to reduced carbon footprints. MSMEs will play a key role in employment generation thus countering jobless growth.
He further said that there is a complementary relationship between big enterprises and MSMEs. Only if thesmall survive the big will prosper. Big enterprises and MNCs require global value and supply chain, which is not possible without MSMEs. Need of the hour is strengthening these linkages between big and small, and together both will propel the global economy.
Stressing on role of MSMEs, the Minister said that new Industrial Policy, which will be announced soon, lays great stress on the role of Self Help Groups (SHGs). He also emphasised that MSMEs can take advantage of the Start-up India Program. The Minister suggested that network of MSMEs across countries in Africa, Central Asia and Latin America, may be created to promote their ideas at the global level as MSMEs are the crucible of creation of new ideas in the world of business.
The SME International Convention – 2018 is being organised by the Ministry of MSME and National Small Industries Corporation (NSIC) along with KVIC and Coir Board. During the inaugural function MoS (IC), MSME, Giriraj Singh, MoS of External Affairs, M.J. Akbar, Secretary MSME, Dr.Arun Kumar Panda, Additional Secretary and Development Commissioner, MSME, Ram Mohan Mishra, Chairman of KVIC and Chairman of Coir Board were also present.
***
Ministry of Micro,Small & Medium Enterprises
23-April, 2018 17:40 IST
Business Beyond Borders: International SME Convention – 2018 begins in New Delhi
Minister of State for Micro, Small & Medium Enterprises, Giriraj Singh, addressing delegates at the International SME Convention -2018
Delegates from 37 countries are participating in the first ever International SME Convention being held in New Delhi from 22nd to 24th April 2018. Some of the participating countries are Australia, Austria, France, Indonesia, Italy, Kenya, Korea, Malaysia, Morocco, Nigeria, Philippines, Poland, Russia, Spain, Sri Lanka, South Africa and UAE. Delegates from these countries are representing small enterprises of their countries in the sectors of agriculture, healthcare, strategic defence training, education, logistics, digital entertainment and waste management. The Convention will be also hosting over 400 entrepreneurs from India.
During the 2 days’ Convention a Khadi fashion show called “Transcending Boundaries” will be held. The show is being curated by Sunil Sethi of the Fashion Design Council of India featuring Khadi designs of Rohit Bal, Anju Modi, Payal Jain and Poonam Bhagat. The Convention has a special session for women entrepreneurs where successful women business persons will discuss creating sustainable livelihoods for women entrepreneurs.
The MSME sector has emerged as a most vibrant sector in the Indian economy and has gained recognition throughout the world for doing business in areas as varied as waste management, gems and jewellery, agriculture and food processing and the automotive industry. During this Convention around 150 exhibitors from India and abroad have set up stalls showcasing their business and products. During the inaugural function 35 of India’s “Small Giants” were felicitated by the Minister. The companies felicitated are dealing with logistics, bio-technology, pharma, semi-conductors, textiles, gems and jewellery, security and chemicals.
The Minister hoped that a Convention like this will act like a bridge across all sectors and will help India in making use of its demographic dividend by generating jobs for the youth of this country.
The Polish delegation has the largest number of participants and is led by the Mayor of Sosnowiec, Mr. Arkadiusz Chęciński. Sosnowiec is an industrial city of Southern Poland. On this occasion, Gianfranco Terenzi, President of World Union of Small and Medium Enterprises (WUSME), Prahlad Kakkar, Chairman, India SME forum, Secretary, Ministry of Micro, Small & Medium Enterprises (MSME), Dr. Arun Kumar Panda, Chairman of Khadi and Village Industries Commission and Chairman of Coir Board of India were also present.
***
The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh lighting the lamp to inaugurate the SME expo stalls, at the International SME convention 2018, in New Delhi on April 23, 2018. The Secretary, MSME, Shri Arun Kumar Panda and other dignitaries are also seen.
The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh inaugurating the SME expo stalls, at the International SME convention 2018, in New Delhi on April 23, 2018.
The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh visiting after inaugurating the SME expo stalls, at the International SME convention 2018, in New Delhi on April 23, 2018.
The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh visiting after inaugurating the SME expo stalls, at the International SME convention 2018, in New Delhi on April 23, 2018.
The Union Minister for Commerce & Industry and Civil Aviation, Shri Suresh Prabhakar Prabhu lighting the lamp at the inaugural session of the International SME Convention 2018, in New Delhi on April 23, 2018. The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh, the Minister of State for External Affairs, Shri M.J. Akbar, the Secretary, MSME, Shri Arun Kumar Panda and other dignitaries are also seen.
The Union Minister for Commerce & Industry and Civil Aviation, Shri Suresh Prabhakar Prabhu delivering the keynote address at the inauguration of the International SME Convention 2018, in New Delhi on April 23, 2018.
The Union Minister for Commerce & Industry and Civil Aviation, Shri Suresh Prabhakar Prabhu delivering the keynote address at the inauguration of the International SME Convention 2018, in New Delhi on April 23, 2018.
The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh addressing at the inauguration of the International SME Convention 2018, in New Delhi on April 23, 2018.
The Minister of State for External Affairs, Shri M.J. Akbar addressing at the inauguration of the International SME Convention 2018, in New Delhi on April 23, 2018.