New Delhi, July 26 (KNN) The Government has decided to launch within a month a portal on the lines of Alibaba in China and Amazon in the US for selling products manufactured by small industries, said Nitin Gadkari, MSME Minister.

During question hour in Lok Sabha, Gadkari expressed confidence that it will generate a turnover
of Rs 10 lakh crore in the next two years of its launch.

It will provide a good opportunity to the MSME sector which contributes significantly in job generation and promoting growth of the country, he added.

"We have also decided to launch a portal for promotion of MSME, we have also talked to GeM (Government e-Market place) and I have also discussed with Piyush Goyal (Commerce and Industry Minister). We are launching a new portal for MSME. It will be launched in a month," he said.

He also said that the government has adopted Cluster Development Approach as a key strategy for enhancing productivity, competitiveness and capacity building of MSMEs.