Neglected MSMEs in Indore threaten to boycott GIS 2014
Hotline: 1800 102 2007
X
Search Business Opportunities
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.

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
  • Women's clothing
    About: 50 Shades is a venture of Zuhana Exporters Pvt. Ltd...
    Locations looking for expansion Tamil nadu
    Establishment year 1991
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Chennai Tamil nadu
  • About Us: Elixir Fitness Gym is run by Celebrity Fitness Expert..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Clinics & Nursing Homes
    About Us    LA Styles Pvt. Ltd. is founded upon one core..
    Locations looking for expansion Gujarat
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 30lac - 50lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • About Us  woodee pizza is a revolutionary vision of 2 young..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
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