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FASII to host Business Accelerator Summit with special emphasis on MSME on July 24

Updated: Jul 20, 2018 08:08:31am
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FASII to host Business Accelerator Summit with special emphasis on MSME on July 24

New Delhi, July 20 (KNN) The Federation of Associations of Small Industries of India (FASII), a national body for small scale industries is organizing a Business Accelerator Summit with special emphasis on MSME: The Pathfinder of INDIA NEXT in Kolkata on July 24, 2018.

The summit will be inaugurated by former President Pranab Mukherjee.

FASII would confer the awards to successful MSME entrepreneurs at the summit.

The Business Accelerator Summit is a kick-off to the two-day SYNERGY Conclave to be organized by the West Bengal Government between Aug 20 and 21 at the Biswa Bangla Convention Centre in Kolkatta.

Jahar Chandra Chandra, Regional Chairman, FASII said that the focus of FASII Business Accelerator Summit is to highlight the difficulties faced by Micro and Small Enterprises in terms of finance, including delayed payment, reduction of purchase order to MSEs, export bottlenecks, dearth of proper research & development for technology upgrade and other related issues.

He said "The primary objective is to assist the MSME sector unlock its growth potential fully.”

FASII will take an initiative to articulate some of the vexed issues like bank credit, delayed payment, reduction of purchase orders, export bottlenecks, dearth of R&D for technology upgrade and so on that are plaguing the growth of MSMEs in the country.

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