The seven-day Odisha MSME International Trade Fair 2014, which concluded here on Tuesday, witnessed a total business transaction of Rs 4.51 crore, organisers said.
The fair, jointly organised by Micro, Small, Medium Enterprise (MSME) Department and National Small Industries Corporation ltd (NSIC), had over 270 stalls from across the country. Over 2.67 lakh people visited the fair during the seven days. Apart from doing brisk business of Rs 4.51 crore, the enterprises received 1.26 lakh business enquiries.
The valedictory ceremony was graced by Finance Secretary UN Behera, MSME Secretary Panchan Dash, MCl CMD AN Sahay, NSIC CMD Dr HP Kumar, Director of Industries N Palai, NSIC Deputy Zonal General Manager P C Nayak and EMIl CEO A K Bal.
Speaking on the occasion, Dr Kumar announced that the NSIC will set up an MSME facilitation centre here to further development of MSME sector in the State.
“The facilitation centre is expected to come up in around a year at an investment of Rs 60 crore. The centre will have all service providers like machinery, technological support, financer and export promotion at one place,”the NSIC CMD said.
Similarly, MSME Secretary informed that the Department has developed 19 new ideas with the support of Professor Anil K Gupta of IIM, Ahmadabad, which will be implemented soon in the MSME sector.
Participants like NAlCO, SAIl, HAl, MCl, Tata Steel, Ordinance Factory, Paradip Port Trust and Gujarat MSME were awarded for best display. A trade directory was released on the occasion.