Gadkari proposes creating website to post new ideas to encourage research & innovation in MSMEs
There is an urgent need to encourage research and innovation in Micro, Small and Medium Enterprises (MSME) sector said Nitin Gadkari, Union Minister for Micro Small and Medium Enterprises (MSME) and Road Transport and Highways.
For this, he has proposed creating a new website where people can post new ideas, suggestions and innovations.
Inaugurating the MSME Day 2019 celebration and second international SME Convention here, he said “This will help develop a bank of innovation and ideas where all stake holders can share their suggestions, technologies etc.”
Speaking on the occasion Gadkari said, “With an aim to encourage, motivate and inspire the young entrepreneurs we have organized this program. Entrepreneurs, science and knowledge to be used altogether to bring innovation in this vast field.”
“We should think professionally on how joint ventures can be made with foreign entrepreneurs and investors and India should be in best five lists of the strongest world economy," Gadkari added further.
Our main mission is not to neglect the waste but it should be used in a way to convert into wealth, he added.
He stated, “Dream of Prime Minister Narendra Modi is to make the economy of the country of 5 Trillion Dollar and to achieve it, it is utmost important to grow this sector.”