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Govt will be pro-active in resolving issues for MSMEs: Chandy

Tags: Oommen Chandy, Kerala, MSMEs, CII, labour, finance, summit

December 24, 2012 | COMMENTS ( 0 )

Govt will be pro-active in resolving issues for MSMEs: Chandy

Kerala Chief Minister Oommen Chandy has said the government will adopt 'pro-active' approach in resolving challenges facing the micro, small and medium enterprises (MSME) sector, and looks forward to the state becoming the country's hub for small and medium industry. The minister during his speech observed various issues like finance, labour and manpower affecting the growth of MSMEs in Kerala.

He was speaking at the India MSME Summit 2012 organized by the Confederation of Indian Industry (CII) in Kochi on Saturday.

"The traditional MSME strongholds in the state are food processing, handloom, coir, cashew and rubber industries. Recently footwear and light industries were added to this list. Despite positive achievements, there are issues that are hindering the growth of the sector, namely- lack of affordable finance, technology and skilled manpower, unavailability of infrastructure, marketing and labour. There are also environmental issues," Chandy said.

Inaugurating the 'India MSME Summit 2012', Chandy said he looks forward to the support of the small and medium sector for transforming the state into India's MSME hub.

Describing the MSMEs in Kerala as a silver lining for the state, the minister said the government believed firmly that enhanced standards in quality and promotion - aided by the right government policies - will help the sector gallop forward.

"The sector's contribution towards domestic requirements, job creation, entrepreneurship development, innovation and self-reliance in Kerala is commendable. Almost 1.94 lakh units in the state are registered as MSME as on March 2012," he added.

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