Empowering MSMEs with News & Insights

MSMEs need to change their way of doing business: Gadkari to overseas students

Updated: Apr 28, 2020 06:10:21am
image

MSMEs need to change their way of doing business: Gadkari to overseas students

New Delhi, Apr 28 (KNN) Micro Small and Medium Enterprises (MSMEs) have to change their way of doing business operations in order to contain the spread of COVID-19, said Union MSME Minister Nitin Gadkari.

In a webinar with Indian overseas students in various countries, Gadkari said, "Our industries – big, medium, small or micro will also have to effect a paradigm shift in the way they were doing their business operations wherein apart from ensuring use of masks, senitisers and social distancing and making food-shelters arrangements for labour in keeping with social distancing norms, they need to take up boosting import substitution, start business and industries in new areas away from major cities thus decongest the metro towns.''

''Companies need to look for new partnerships with global firms attracting them to set up for JVs etc in India,'' he added.

Gadkari also stated, that our efforts need to meet not only Indian demand but also cater to the global market as many companies and counties are looking to shift away from China. He called upon the young Indian students studying abroad to contribute in this goal in a big way as youth have stakes in India thriving and leading the world.

The Minister also mentioned that 22 Green Express Highways are being developed and work on a new alignment of Delhi -Mumbai Expressway has started.

''This has resulted an opportunity for industry to make future investments in industrial clusters, industrial parks, logistics parks, etc,'' he added.

The Minister said that his Ministry will help in getting necessary clearances in three months for ventures adding that ''a big push is being given to infrastructure development and to the growth of rural, tribal and agriculture sectors/areas."

Gadkari pointed out that all stake holders will have to work together, and expressed confidence that we will win war against Corona as well as the war on economic front.

Gadkari interacted with Overseas Indian Students from 43 Universities of various countries apart from Indian origin scientist from NASA.

COMMENTS

    Be first to give your comments.

LEAVE A REPLY

Required fields are marked *