2014-09-18

Neglected MSMEs in Indore threaten to boycott GIS 2014

MSME representatives have charged the state government with not keeping up promises made in last 10 years.

Neglected MSMEs in Indore threaten to boycott GIS 2014

MSME at state's backyard feel neglected and have threatened to boycott global investment summit to be held in Indore from October 8 to 10, as reported by The Times of India.


MSME representatives have charged the state government with not keeping up promises made in last 10 years.


“In every election from 2003 to 2013, BJP promised a separate department for MSMEs in its manifesto, but it never turned into a reality. In last 10 years, state's focus has been on big and mega industries. MSMEs are nowhere in picture,” Ashok Khandelia, president, Association of Industries, Dewas, told TNN.


Government has now promised a lot, including reforms in land allotment and industrial policy- both to be MSME friendly- but how much is delivered is yet to be seen, he said.

"Their entire focus is on GIS and they are visiting international markets seeking investments, but there is no focus on state. It is eyewash. They call us just for participation and nothing happens thereafter," Deepak Sharma, President, Madhya Pradesh Laghu Udhyog Sangathan (LUS) told TNN.


"Craters on Govindpura Industrial Area is an example of the plight of MSMEs in MP. The only industry that can flourish here is fisheries in the ponds and potholes of the roads during monsoon," Sharma added.


For record there are about 1.09 lakh registered MSMEs generating employment to 45 to 50 lakh people in state.
 

 

Related opportunities
  • Corporate Training
    Walchand PeopleFirst Ltd (WPFL) is the India Master Franchise for..
    Locations looking for expansion Maharashtra
    Establishment year 1950
    Franchising Launch Date 2003
    Investment size Rs. 10lakh - 20lakh
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Quick Service Restaurants
    PUCHKAMAN – The Street Food Ka Superhero Puchkaman is a unit..
    Locations looking for expansion West bengal
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 5lakh - 10lakh
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Kolkata West bengal
  • Multi Cuisine Restaurant
    Lavish restaurant with a spectacular Arabic style pagoda & menu..
    Locations looking for expansion Delhi
    Establishment year 2012
    Franchising Launch Date 2023
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
  • Beauty & Wellness Training Institute
    The International MAKEUP MASTERY PROGRAM The UK International London Beauty School..
    Locations looking for expansion Uttar pradesh
    Establishment year 2023
    Franchising Launch Date 2024
    Investment size Rs. 30lakh - 50lakh
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bishrakh Uttar pradesh
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
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

pincode
;
ads ads ads ads