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2014-02-25

\'Corporates, government must extend support to state MSMEs\'

Small scale industries can flourish in Odisha if big corporate houses and government extend support and cooperation, state MSME Minister Damodar Rout said.

\'Corporates, government must extend support to state MSMEs\'

Small scale industries can flourish in Odisha if big corporate houses and government extend support and cooperation, state MSME Minister Damodar Rout said.

 

“Odisha has great MSME feasibility to provide raw materials to the large scale industries. If the major corporate houses cooperate, Odisha can have significant development in the MSME sector,” said Rout.

 

“The state government should be a major buyer of products manufactured by small units which are need of support and cooperation from all,” he said at an event in Bhubaneswar organised by Utkal Chamber of Commerce and Industry, Odisha's apex industry body.

 

“Odisha has a heritage of trade and commerce for the past 3,000 years and we are abundantly blessed with all the resources we need yet we are paradoxically the poorest of the poor,” Rout added.

 

Guest of honour Rajeev Dube, Director, Group Corporate Services, Aditya Birla Group said the company already has investments close to Rs 25,000 crore in Odisha and looks forward to invest much more.

 

"Despite challenges the growth of the state cannot be argued upon and there is no reason why it could not be the next Australia of India," he added.

 

In his welcome address, UCCI President Ramesh Mahapatra said the body would find vendors for the MSME sector this year and with consistent efforts the state will be a mirror to other states.

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