Pune emerges most preferred destination for MSME

Mumbai, Mar 16 (KNN) Despite the pathetic situation due to COVID-19, Pune has emerged as the most preferred destination for Micro Small and Medium Enterprises (MSME), said the state Economic Survey.

In terms of employment generation, of the 17.67 lakh Udyog Aadhar generated for the MSME units, 4.04 lakh are in Pune and of the 91.01 lakh jobs generated, Pune has cornered 23.59 jobs.

It has also managed to grab 69,866 crores out of the Rs 2,38,543 crores total investments brought in by the MSME units in Maharashtra, the survey added.

The district has again topped in the state in terms of investments in Special Economic Zone (SEZs) as Maharashtra has 37 SEZs of which 20 are in Pune and of the total Rs 58,531 crores of investment that has happened in these areas, Rs 32,415 crores are from Pune.

The economic survey further revealed that Pune has also attracted largest investments in areas earmarked by the Maharashtra Industrial Development Corporation (MIDC), but stand below Konkan region in the tally.

Since October, 2015, the MSMEs have been issued a twelve digit Unique Identification Number as Udyog Aadhaar Number which is provided by the Ministry of Micro, Small and Medium Enterprises. This hassle free registration makes the enterprise eligible for all government benefits and schemes like low rate interest, easy loan, loan without guarantee, subsidies, etc. Upto March, 2020 the number of MSMEs registered for Udyog Aadhaar were 17.67 lakh.