Hotline: 1800 102 2007
X
Search Business Opportunities
2012-12-24

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 m

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.

Related opportunities
  • Competitive Exam Coaching Institute
    About Us: Chennai RACE Coaching is an education industry in the..
    Locations looking for expansion Tamil nadu
    Establishment year 2012
    Franchising Launch Date 2015
    Investment size Rs. 30lac - 50lac
    Space required 5000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Chennai Tamil nadu
  • E-Commerce & Related
    About Us:   India's First e-Commerce platform to take MOM &POP stores..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
  • Laundry & Dry Cleaning
    Fully Integrated One-Stop Laundry Solutions Expert! About Us: Waashub is a full-scale..
    Locations looking for expansion Karnataka
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Gyms and Fitness Centres
    About Us: As an introduction, Plus Fittness is an award winning,..
    Locations looking for expansion Maharashtra
    Establishment year 1996
    Franchising Launch Date 2017
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 4000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts