Bhubaneswar: The Odisha Chapter of the Confederation of Indian Industry (CII) organised MSME Connect here on Wednesday to provide information on various financial schemes, government policies and incentives and vendor developments for the benefit of micro, small and medium enterprises (MSMEs).
State Principal Secretary of MSME Department NK Sundaray said MSMEs in India account for more than 80 per cent of the total number of industrial enterprises, produce over 8,000 value-added products, accounts for 45 per cent of the manufacturing output and 40 per cent of the total export of the country and employs over six crore people.
He stressed that progress in the MSME sector has to be sustainable. There prime issues which need to be addressed and solved at the earliest are the cost of capital, lack of synergy in schemes of the Central and state governments and use of available resources as per the market demand.
State’s Director of Industries KN Khatai rued the apathy of the people of the State towards entrepreneurship and said that even the existing entrepreneurs are loath to get registered with the DICs.
He suggested activation of the Plant Level Coordination Committee (PLCC) and establishment of strong interaction between large and small-scale industries to make MSMEs more competitive.
Director of MSME Development Institute Alok Ray referred to the state’s MSME Development Policy 2009 to emphasise the need for development of infrastructure, capacity building among entrepreneurs of small-scale industry and cluster development.
Past Chairman CII Odisha JB Pany advised MSME units to concentrate on market penetration.
Speakers from large industries included MP Patra from Nalco, CB Bhattacharjee from Tata Steel, Director of JSPL BP Mishra, Amit Panda from Hindalco, H Pradhan from Tata Sponge and SS Srichandan from IMFA.