Medium, small and micro -grinding companies (MSME) are real partners in the development of the nation because they represent 40% of Indian GDP on Friday, 40% of total exports and 45% of total production, Shobha, Ministry of Foreign MSME, MSME Foreign Ministry.
The addressing of a large audience of entrepreneurs, bankers, media and members of the industrial association at MSME Marketing Conclave, which took place in Kassia, has described MSMes as “real partners in the development of our nation” and also identified the four main challenges that MSME faces as technology, financing, financing, qualified work and marketing.
“The solution to these questions is essential for maintaining economic growth of India and global competitiveness. And the rapid acceptance of emerging technologies and innovation in production must be maintained with global trends. MSME often seeks to find markets for their products.
Mrs. Karandlaja repeated the commitment of the center to build independent India through the support of indigenous production, technology development and strengthening skills. She urged entrepreneurs to focus on the quality, adding values and global competitiveness, especially in sectors such as food processing, machines, textiles and digital industry.
On this occasion, the Chairman and CEO (CMD) National Small Industries Corporation (NSIC) Subhransu Sekhar Acharya said that the success of the sustainable MSME sector consisted of strengthening three key pillars – creation of enterprises, building capacities and facilitation of loans and market ties.
Sechar said that the Ministry of MSME commissioned NSIC to administrate the Sovereign Fund for MSME of 10,000 GBP, which aimed to provide growth capital to businesses that exhausted their capital and collateral capacity, allowing them to increase further debts and scale.
As part of this flagship, the government focuses on board 5 Lakh MSmes on the Ondc platform over the next two years, adding 50% reserved for entrepreneurs.
Published – October 10, 2025 20:38
