60 Million MSMEs Provide Livelihood to 100 Million People in India
Ms. Alka Arora, JS (SME) addressing entrepreneurs about the opportunities for cooperation between the SMEs of India and Poland at the 8th European Congress ,Katowice, Poland.
A delegation of 32 Indian Small and Medium Enterprises (SMEs) led by Ms. Alka Arora, Joint Secretary, Ministry of Micro, Small & Medium Enterprises (MSME), participated in the 8th European Congress on SMEs at Kotawice, Poland.
Inaugurating the event, Ms. Alka Arora said India is home to more than 60 million MSMEs, which have the ability and capability to access international markets and work as ancillaries to larger international firms.
These MSMEs provide livelihood to more than 100 million people and create value for the entire global community. Ms. Arora said, given the impact of MSMEs in India, it is imperative to integrate them now into the global value chain by establishing possible linkages with international partners.
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In order to explore the opportunities for Indian SMEs, the Congress will be an opportunity to make direct business relations between European and Indian SMEs.
Small and Medium Enterprises from around 50 countries are participating in the 3-day event, which will continue till 19th of October. The main theme of the event is “Business-Self-Government Together for Economy”.
The organizers have allotted a special session of one and a half hour for discussion about trade and business opportunities with India and Indian SMEs. The visiting Indian delegation is also expected to showcase Indian products and services at the Expo in the Indian Pavilion.
Photo courtesy: Ministry of MSME
