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CM Patnaik inaugurates MSME tradefair in the city

Statesman News Service | Bhubaneswar |

Chief minister Naveen Patnaik invited entrepreneurs from Iran, South Korea and Bangladesh who are participating at the international trade fair here to explore business opportunities in Odisha and said 3.12 lakh MSME units have been set up in the state with a cumulative investment of more than Rs 15,300 crore due to pro-active policies of the government.

Promotion and growth of MSMEs has been the topmost priority of the Government, he while inaugurating the International MSME Trade Fair,2018 and Entrepreneurship Week with focus on Food Processing.

He was delighted to note that more than 300 MSMEs and 30 Startups are participating in the Trade Fair. Besides 30 entrepreneurs from Iran, South Korea & Bangladesh are participating for the first time in the Trade Fair.

The MSME sector in Odisha is providing employment to over 13 lakh persons, he said. He added that investment promotion in the MSME and Food Processing sector remains a focus area of the government and informed that altogether 336 projects worth Rs.1,796 crore have been approved by District Level Single Window Committees since April, 2015.

Minister MSME, W&CD and SSEPD, Mr Prafulla Samal stated that development of MSMEs and provision of a conducive eco-system for their development remains our focus.

Not only through the newly declared policies for MSME and Food Processing Sectors, but also with the help of credit mobilisation to MSMEs, the government is assisting the entrepreneurs.

Dr Arun Kumar Panda, Secretary, MSME, GoI assured all cooperation for the growth of MSMEs of Odisha through cluster funding ZED, GeM and Digital Marketing. L.N. Gupta, ACS, MSME informed that the trade fair has 350 stalls.

30 ST / SC and 60 numbers of Women Entrepreneurs have put up their stalls in this pavilions. Seminars on the MSME topics namely “Credit & Marketing Linkage to MSMEs & Exporters”, “Boosting MSME Business through ZED, GEM, IPR and Digital Marketing” “Development of MSMEs with Focus on Women and ST/SC Entrepreneurs /Startups” will be held over the next four days.