International MSME Trade Fair-2019 ianugurated in Odisha


Bhubaneswar: Finance Minister Sashibhusan Behera on Monday said promotion and growth of MSMEs has been the top most priority of the Odisha government, as he inaugurated the International MSME Trade Fair-2019.

He informed that more than 400 MSMEs and 40 Start-ups are participating in the trade fair.

Besides, 32 entrepreneurs from four countries namely Iran, Bangladesh, South Korea and Cambodia are participating in the trade fair. He welcomed them all to explore business opportunities in Odisha.

Behera stated that more than 3.67 lakh MSM enterprises have been established in the state with a cumulative investment of more than Rs 17,863 crore.

They are providing employment to over 14.61 lakh persons.

He added that investment promotion in the MSME sector remains a focus area of the government and informed that altogether 724 projects worth Rs.2765 crore have been approved by District Level Single Window Committees since April, 2015.

He wished all the international participants, industry associations, entrepreneurs and startups all the very best for their business promotion and entrepreneurial endeavours.

Speaking on this occasion, MSME Minister Prafulla Samal said that development of MSMEs and provision of a conducive eco-system for their development remains state’s focus.

Not only through the newly declared policies for MSME and food processing sectors, but also the government is assisting the entrepreneurs with the help of credit mobilisation to MSMEs, he added.

Union MSME secretary Arun Kumar Panda congratulated the state government for organizing the Odisha MSME International Trade Fair and taking steps for growth of MSMEs in the state.

He assured to extend all cooperation for the growth of MSMEs of Odisha through cluster funding, ZED, GeM and Digital Marketing.

Odisha MSME secretary L.N. Gupta stated that the theme of this trade fair is “Innovation, Entrepreneurship and Startups”.