MoS MSME Bhanu Verma puts focus on development of Tier 2 & 3 cities

New Delhi, Sept 14 (KNN) Holistic development across Tier II and Tier III cities must be focused upon for the constant development and growth of the country, said Minister of State for MSME Bhanu Pratap Singh Verma.

He pointed out the immense untapped potential of cities such as Bundelkhand, Chittrakut and Kanpur.

The Minister was speaking at the launch of ESR Group’s (Singapore) first in-city distribution site (under FDI) and chose a MSME, Arwade Infrastructure Limited as the project and construction partner.

As per media reports this project will amplify in-city distribution in Delhi to support quick commerce activities in densely populated catchment areas of Rohini, Shalimar Bagh, Pitampura, Ashok Vihar, and Model Town.

Calling it a another milestone in India’s long-term vision for MSMEs, the minister said, “Aligned with the Government of India’s vision for growth and development, the new in-city distribution centre will act as a growth catalyst for the Indian economy. I am delighted to be a part of the great initiative and extend my full support to the project.”

Speaking at the occasion, Nitin Arwade, Managing Director, Arwade Infrastructure Ltd, said, “We are honoured to be partners to ESR for their first Urban Distribution Centre in India. ESR successfully developed multi-storey logistics facilities and distribution centres in the Asia Pacific region. We wish to implement their international learnings in the Indian market.”

Abhijit Malkani, CEO, of ESR India expressed their vision to develop the first multilevel urban distribution centre in Delhi and soon expand to other key metros.

The ground breaking ceremony was attended by CA Rahul Gupta (Executive Council Member of MSME Business forum of India), Subhash Gupta (HSIIDC Kundli, President).  (KNN Bureau)