Friday, June 22, 2018

Suresh Prabhu Inaugurates 5th India International MSME Start Up Expo

Amid enthusiastic young entrepreneurs and global participants, the 5th India International MSME Start Up Expo was jointly inaugurated by Union Minister of Commerce and Industry and Civil Aviation Suresh Prabhu, Uttar Pradesh Industrial Development Minister Satish Mahan and Minister of State (IC) PMO Dr Jitendra Singh at Pragati Maidan, New Delhi

The occasion was also graced by Secretary General Uttar Pradesh MP Aggarwal, Additional Chief Executive Noida AK Srivastava, Ambassador of Thailand - Chutintorn Gongsakdi, Ambassador of Azerbiajan Dr. Ashraf Shilhalvyev Ambassador of Uzbekistan Farhood Arziev and Minister Counsellor Embassy of Japan Kenko SONE.

The three-day event starting June 22-24, 2018 was spearhead by the MSME Development Forum, a not for profit organisation, which has been at the forefront of growth and promotion of small businesses with a thrust on start-ups towards building entrepreneurs in India. The Forum works as a catalyst for interface between government and entrepreneurial activities and has been relentlessly working towards developing an entrepreneurial culture in the country.

Inaugurating the event, Shri Suresh Prabhu said, “Prime Minister made a profound statement that without participation, development and regeneration of small and medium startups, we cannot succeed ignition of new India. One of the fundamental and cardinal principles of SMEs is that they take wealth to different corners of the country. SMEs earn money and in process help wealth distribution of that unlike large industries.” 

Addressing the event Minister of Industrial Development in the Uttar Pradesh Government Satish Mahana says, “Uttar Pradesh is now ready to welcome all as a new industrial hub. We are ready to address all sorts of issues and also ready to provide assistance. And we wish success of the investors.”  

On the occasion, Minister of State (IC) PMO, DONER Dr. Jitendra Singh says, “The States which have not participated are not aware about the centre like MSME- DF. New media will be based on strong economy and livelihood. Promotion of MSMEs ventures is important for youth. Path breaking initiative have been taken by the government for MSME in development of economy.

When an event like this happens again we(Uttar Pradesh ) will put all our sources together.”

Rajnish Goenka, Chairman, MSME – DF says, “We are aiming to make India as World's manufacturer and sourcing hub alternative to China. Importantly, we have also tried to create a political will among political parties to acknowledge this movement. There are 12 crores MSMES and 6 crores MSME units that need administrative support to create better values in society. It directly and indirectly involves more than 60 crores people of the country. In fact, MSME start-up & youth could become the game changers.”

The agenda of the exposition is to promote entrepreneurship & self-employment to generate maximum job opportunities. The event will also provide one stop global platform to connect, network, partner and share information with Domestic & International SMEs to find new business opportunities in either country. The expo also aims to spread awareness about Government’s promotional schemes to make new Entrepreneur and transform job seekers to job creators. It accelerates growth of MSMES , Statups and Budding entrepreneur .In addition, it focuses to bring Small Entrepreneurs on a single platform and address their persistent issue and concerns. The agenda will also target to be the leading MSME Startup Advocacy Forum.

The event witnesses more than 20,000 visitors, 250 exhibitors, 100 B2G/B2B Meetings, 50 Embassies & Global Participants, 30 banks and investors, 15 PSUs-Government Departments and 10 concurrent summits.

These mega events will rediscover the Ease of doing business and Opportunities in different states of India. This triangular network will expand the spectrum of this Expo. Apart from this, Startup fest, Small industries trade fair, Funding & Finance fair, vendor development Fest and ease of doing business summit are also the main attractions of the event. Several Government department, boards and PSU are putting up there to booths educate and vendor development programmes and opportunities.

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