Govt Should Nurture Manufacturing SMEs In India: MAIT | SupportBiz


Govt Should Nurture Manufacturing SMEs In India: MAIT

MAIT organised an event to create awareness among SMEs about the various initiatives, policies and schemes offered by the government

Noida: IT SMEs will play a huge role in the new Government’s objective of making India a manufacturing hub, which is why it's going all out to help those looking to setup manufacturing facilities in the country.With an aim to create awareness among SMEs about the various initiatives, policies and schemes offered by the government, MAIT - the apex body representing India’s IT hardware, training and R&D services sectors - in association with the Ministry of Communication & Information Technology and Ministry of MSME organized the “MAIT ICT SME Conclave – 2014” in Noida.

MAIT SME Conclave offers a single window for all the MSMEs to connect with each other and various government bodies, with a focus on highlight key issues related to the policy framework, funding etc and also to get a better understanding of various schemes and opportunities on offer. The goal of the event was to equip SMEs with knowledge to evaluate business opportunities and take necessary actions for developing their enterprises with the help of information technology.

Speaking at the conclave Anwar Shirpurwala, Executive Director, MAIT said, “The initiative of the new Government is extremely encouraging, especially its focus on the manufacturing sector. However, what is needed is a clear roadmap for implementation. Through this conclave we are socializing government schemes to SMEs and are helping them leverage it for manufacturing.”

In his address, Rahul Gupta, Chairman, SME Chapter, MAIT, said, “To brand itself as a premier IT & manufacturing hub at a global level, Indian Government needs to create an exclusive ecosystem across all industry verticals so that the businesses can build and grow the entire value chain required to come up for excellent results. Public administration also needs to re-structure the taxation and incentives system besides reforming the existing policies such as subsidized land, creating manufacturing corridors, offering subsidies to manufacturers for plants and machinery. A lot more is to be designed, planned and done for an effective roadmap.”

The conclave witnessed participation from various government agencies and representatives from The Ministry of Communications & IT, MSME Development Institute, NSIC, ELCINA and others. Through this initiative MAIT is looking forward to working closely with both with the Government and SMEs, with the goal to turn India into a global manufacturing hub.