Live
- Madanapalle Rythu Bazaar revived after 14 yrs
- Arunachal musician booked for publicly killing chicken, drinking its blood
- Pushpayagam at Srivari temple on Nov 9
- Nagula Chavithi: Lord rides on Pedda Sesha Vahanam
- Redefining Skincare
- TGBIE announces due dates for exam fee payment
- Man, daughter held for killing 60-year-old woman
- India’s Mandeep Jangra wins WBF’s world title
- Tirupati: Hygiene concerns soar at eateries in pilgrim city
- Minister Sridhar Babu poses ten questions to BRS
Just In
MSMEs growth engines of Indian economy: SVU V-C
Assures all support for the growth of MSME incubators
He was addressing the inaugural session of the 2-day vendor development programme-cum-buyer-seller interaction meet & industrial exhibition here on Monday. It was organised by the MSME Development Institute of the Government of India, Visakhapatnam, in association with Veeranjaneya Printers and Toners Association. Prof Reddy said MSMEs play an important role in the Indian economy in terms of employment generation, export promotion and overall economic growth. MSMEs are the largest employers as they employ 110 million people and contribute about 30 percent of the country's GDP, he added.
Out of total exports from the country, MSME exports have a share of about 48 percent, he said, adding that SV University has been recognised as a nodal agency for MSMEs by the Government of India. He said they are ready to extend any type of support for the growth of MSME incubators.
OSD in TTD KN Ramakrishna, SBI AGM A Murali, Ramanjaneya from SCR, RINL AGM PSS Prasad, V Vijay Bhaskar, Secretary, Veeranjaneya Printers & Toners Association, In-charge Assistant Director, MSME-DFO, Visakhapatnam GVR Naidu, GM, District Industries Centre, Tirupati, Prathap Reddy and others participated in the programme.
The CPSUs, bankers and others have been interacting with participating MSMEs during the two-day programme. Around 250 prospective and existing entrepreneurs have been participating for business interaction from the SME sector. The CPSUs give detailed presentations on their vendor perspective, policy, scope for vendor enlistment and indigenisation under Make in India initiative.
© 2024 Hyderabad Media House Limited/The Hans India. All rights reserved. Powered by hocalwire.com