To handhold MSMEs, Odisha MSME Dept Urges NALCO to undertake Vendor Development Program

New Delhi, Nov 25 (KNN) In an attempt to handhold the Micro, Small and Medium Enterprises (MSMEs) of the state, the State MSME Department has urged National Aluminium Company (Nalco) to undertake vendor development programmes.

With Vendor Development Programs in place, the state government expects a positive procurement to emerge for the MSMEs.  

L N Gupta, additional chief secretary (MSME), Odisha,in a press interview informed that it has urged the firm to conduct at least four vendor development programmes every year.

He has further asked the firm to conduct programs with specific focus on women, SC/ST and differently-abled entrepreneurs.

Responding to the MSME Department’s request, Nalco informed that the program is under consideration.

At present Nalco procures over 160 crore and services worth 182 crore annually for the S&P complex. Also the purchase from MSMEs in the previous year stood at Rs 29 crore.

During the current year, Nalco has procured over Rs 12 crore and services valued at Rs 57 crore from different vendors and suppliers in Odisha. Nalco has identified 180 items to be procured from the MSMEs, the firm informed in a release. (KNN/DA)