• Linkdin
Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow
         Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow
Maximize your media exposure with Fibre2Fashion's single PR package  |   Know More

Innovative SMEs to drive Indian economy: CII

19 Mar '08
3 min read

Transforming micro, small and medium enterprises (MSMEs) into world class entities was the theme of the fifth India Global Summit on MSMEs 2008, held in New Delhi from 18-19 March 2008.

The Summit was organized by the Confederation of Indian Industry (CII), the Ministry of Micro, Small and Medium Enterprises, Government of India, in association with SIDBI.

Inaugurating the Summit, Mr. Vayalar Ravi, Minister of Overseas Indian Affairs, Government of India, called the growth of this sector a 'movement'.

He mentioned that the Government of India has supported this sector since the 1950s, and with the enactment of Micro, Small and Medium Enterprises Development Act (MSMED Act) 2006, the Government of India continues to give full support to the MSME's.

The Minister also released the CII SME Annual Report and the Publication “Opportunity India: Advantage Indian SMEs”, a study of Joint Ventures and Technology Collaboration between Indian SMEs and Foreign companies.

Providing the Nigerian perspective, Madame Modupe A. Adelaja, Director General, Small and Medium Enterprises Development Agency of Nigeria said that Nigerians have always been entrepreneurial in nature, and the Nigerian government while recognizing that this energy needed to be tapped to reduce poverty among its 140 million strong population, focused on wealth creation through MSMEs as one critical point of its 7-point development agenda. India and Nigeria, she said, have a common historical background, and Nigeria can learn from the Indian experience.

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search