MSMEs To Help `Make in India' Successful: Kalraj Mishra | SupportBiz


MSMEs To Help `Make in India' Successful: Kalraj Mishra

Mishra said from April 1, this year, it would made mandatory for all PSUs to make a minimum purchase of 20% from MSMEs

New Delhi: The micro, small and medium enterprises (MSME) sector of the country would help make successful the `Make in India' pledge of Prime Minister Narendra Modi, Minister for MSME Kalraj Mishra has said.

"It is not the large industry, but the MSME sector of the country that will help in making the `Make in India' pledge successful," Mishra said at an event here last evening.

He said that the MSME department would start incubation centres in small towns across the country, while large incubation centres would be set up in big towns through the PPP route.

He said the government would be coming up with quality upgradation schemes for the MSME sector so that these products were able to compete and be preferred over those from countries like China which are flooding the market.

Mishra said that the MSME sector was the way forward to create entrepreneurship development among the youth of the country and for job creation.