IT is fine, but be equally proactive to SMEs also: KASSIA to CM
Updated: Nov 10, 2014 01:22:05pm
Bengaluru, Nov 10 (KNN) Karnataka Small Scale Industries Association (KASSIA) has appealed to the state government for urgent action to address the needs of the small and medium scale enterprises in the state, similar to its response to the large information technology (IT) companies.
“The state government’s speedy response to the concerns of large IT companies is in stark response to its laidback attitude to the needs of the small and medium scale enterprises (SME) sector. This is all the more ironic considering that the volume of job creation relative to capital invested is much more in the SME sector,” said KASSIA in a press release today.
Noting the recent developments on Infosys’ plan to relocate from Devanahalli to Electronic City and the speedy clearance given to Honeywell for its Rs 1373-cr project, Chidananda M. Rajamane, president, KASSIA, observed that while the government was right in responding with alacrity to their concerns, the same was sadly missing when it comes to meeting the long-pending requirements of the SMEs for industrial land, infrastructure, public procurement policy, etc.
Putting the issue in the right perspective, he said that while Honeywell’s mega investment of Rs 1373 crore was expected to generate 500 jobs, a similar investment in creating industrial estates for MSMEs could generate several thousand jobs.
“We therefore appeal to the Chief Minister to show the same kind of reciprocation while addressing the needs of small entrepreneurs in view of the fact that far from being a laggard, the SME sector’s contribution to the economy is much more than the favored sector,” Rajamane said. (KNN/ES)
“The state government’s speedy response to the concerns of large IT companies is in stark response to its laidback attitude to the needs of the small and medium scale enterprises (SME) sector. This is all the more ironic considering that the volume of job creation relative to capital invested is much more in the SME sector,” said KASSIA in a press release today.
Noting the recent developments on Infosys’ plan to relocate from Devanahalli to Electronic City and the speedy clearance given to Honeywell for its Rs 1373-cr project, Chidananda M. Rajamane, president, KASSIA, observed that while the government was right in responding with alacrity to their concerns, the same was sadly missing when it comes to meeting the long-pending requirements of the SMEs for industrial land, infrastructure, public procurement policy, etc.
Putting the issue in the right perspective, he said that while Honeywell’s mega investment of Rs 1373 crore was expected to generate 500 jobs, a similar investment in creating industrial estates for MSMEs could generate several thousand jobs.
“We therefore appeal to the Chief Minister to show the same kind of reciprocation while addressing the needs of small entrepreneurs in view of the fact that far from being a laggard, the SME sector’s contribution to the economy is much more than the favored sector,” Rajamane said. (KNN/ES)
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