New Delhi, Oct 20 (KNN) Given the impact of MSMEs in India, it is imperative to integrate them into the global value chain by establishing possible linkages with international partners, said Alka Arora, Joint Secretary, Ministry of MSME.

Leading a delegation of 32 SMEs in the 8th European Congress on SMEs at Kotawice, Poland, she said India is home to more than 60 million MSMEs, which have the ability and capability to access international markets and work as ancillaries to larger international firms.  

These MSMEs provide livelihood to more than 100 million people and create value for the entire global community, she added.

Further she added that in order to fructify the opportunities for Indian SMEs, the Congress will be an opportunity to make direct business relations between European and Indian SMEs.

Small and Medium Enterprises from around 50 countries participated in this 3 day event that was concluded on October 19.

The main theme of the event was “Business-Self-Government Together for Economy”.

The organizers allotted a special session of one and a half hour for discussion about trade and business opportunities with India and Indian SMEs.