In a bid to promote local enterprise and provide business opportunities to MSMEs, CII is set to have CII industrial expo-2014 at Haridwar between November 6 and 9. Its flagship was launched by the State Cabinet Minister Harish Chandra Durgapal at Haridwar on Friday.
In his address, Durgapal said that MSMEs are the fulcrum of the State’s economy and hence a key priority for the State Government. He congratulated CII for hosting the Industrial Expo. The Expo was a platform for all the industries to come together, learn from one another and also explore business opportunities together.
Also launching CII’s Online SME Finance Facilitation Center, Durgapal said that the center was a good initiative which would help the MSMEs address their finance needs.
Delivering the opening remarks, Manu Kocchar, Chairman CII Uttarakhand State Council, said that MSMEs form the bedrock of the country’s and state’s economy. More than 70% of CII membership is MSME and hence a key priority for the Confederation.
Elaborating on the CII Industrial Expo, which is entering its 3rd edition this year and would be held at SIIDCUl Haridwar from 6-9 November 2014, Prashant Mahadik, Vice Chairman CII Uttarakhand State Council, said that the expo provides business development opportunities to the MSMEs by helping them link up with the large companies. It also helps the large industry identify the local vendors, encouraging development of the local enterprise in the process, he added.
The 3rd edition of the Expo is shaping up well. In all, more than 150 exhibitors from across the country and over 10,000 business visitors are expected to participate in the event. The event comprises an exhibition as well as Buyer Seller Meets. Confirmed buyers include Rail Coach Factory, Kapurthala; DMW Indian Railways, Patiala; TATA Motors, Pantnagar; Delphi TVS Diesel Systems; Minda Corporation Pantnagar. With about 2 more months left before the event, it is expected to host more than 15 Buyer Seller Meets.
In addition to NSIC, the event is also supported by many ‘supporting associations’ including Asian Professional Securities Association (APSA), New Delhi, Western UP Chamber of Commerce and Industry Meerut, BBNIA , Baddi, SIIDCUl Entrepreneur’s Welfare Society (SEWS), SIIDCUl, Pantnagar, Uttarakhand, SIIDCUl Entrepreneur’s Welfare Association (SEWA), SIIDCUl, Haridwar, Uttarakhand Productivity Council (UPC), Roorkee, Hardwar Management Association (HMA) Haridwar. Elaborating on the CII Finance Facilitation Center for SMEs Sandeep Jain, Past Chairman CII Uttarakhand State Council said that the center will be aggregating financing options from various major financial institutions and match them with SME financing demands. SME Members across India can easily approach this Centre through an online interface for their credit requirement. The partner banks and institutions include Indian Bank, Indian Overseas Bank, Federal Bank, Muthoot Fincorp ltd, Religare Finvest, DCB Bank & Reliance Capital. In addition to providing access to finance, the center will also provide online training to SMEs on various aspects of finance management, information about various government schemes for SMEs and access to exports and peer to peer networking.
Also present on the occasion were SC Nautiyal, Additional Director Industries, Dr S Farooq, Rajiv Berry, Hemant K Arora – Past Chairs CII Uttarakhand and other senior industry captains.