Industry Experts Encourages Young Entrepreneurs at MSME Start Up Expo in New Delhi

The 5th India International MSME Start Up Expo witnessed encouraging sessions for the young innovators by experts focusing on innovation, reformation and transformation at Pragati Maidan, New Delhi.

The key speakers at the event included Minister of State, Department of Consumer Affairs, Food & Public Distribution CR Chaudhary, Chairman ITDC, UAE SK Aggarwal, Minister of State, Ministry of Agriculture Gajendra Singh Shekhawat, Chairman Stic Travels Subhash Goyal and many others.

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.

Addressing the event, Minister of State, Department of Consumer Affairs, Food & Public Distribution CR Chaudhary, emphasised on encouraging young entrepreneurs. He states, “There is a need of more employment and export in the country. Employment is generated by new setups. Young people have new innovative ideas. In fact, more than 60% of stalls have been taken by young innovators country need. Even as per our Prime Minister, Narendra Modi, youth should be encouraged to an entrepreneur. One must become service provider not service seeker. Thus, SMEs should be given more assistance and support. Only then the moto – ‘Perform, Reform and Transform’ will happen. People of Delhi and nearby areas should come and take advantage of the expo and should encourage new innovators.”

Discussing about agriculture sector, Ministry of Agriculture Gajendra Singh Shekhawat says, “The two major problems of our agriculture sector are fragmentation of land and high pressure on resources. There is no capacity building in agriculture sector. MSME is the only way to revive the sector in India. The holistic solutions provided by the government have helped in improving the sector but to sustain it we need MSME involvement to take it further and this will help in doubling the income of the farmer”  

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 were various topics covered in the on-going expo in different sessions that is Innovative Financing & Founding Opportunities for MSMEs & Startups, MSME in Tourism, Logistics & Service sector, Vendor Development in Railways, Defence & Govt/PSUs and Agri Business: Doubling Farmer’s income.

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 , Startups 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.