Activities Round Up

Date : 09 Oct to 09 Oct 2015
Place : New Delhi
Organised by : FISME

FISME organizes Commonwealth workshop on linking MSMEs with Global Value Chains

Apex industry body for the MSMEs, FISME, along with the Commonwealth Secretariat (London) today conducted a National Workshop of MSME associations in which representatives from more than 40 MSME associations from across the country actively participated.
The workshop was conducted with an aim to upgrade and link the Indian MSMEs with the Global Value Chains (GVCs).
Additional Secretary, Ministry of MSME, S N Tripathi was the chief guest for the event.
While addressing the event, Tripathi assured that the government will make doing business easier for MSME.
Speaking about the event he acknowledged that the event provided opportunity for a structured discussion on how to link Indian SMEs with the GVC.
It is important to identify areas where India SMEs can join both – the Indian value chain and the Global Value Chain.
“MSME Ministry would be happy to associate in those lines.  We already have few programmes in these lines,” he said.

The Commonwealth is a voluntary association of 53 independent and equal sovereign states. It is home to 2.2 billion citizens, of which over 60 per cent are under the age of 30.

At the behest of Government of India, the Commonwealth Secretariat has commissioned a study to find the reasons for the exclusion of Indian MSMEs from the GVCs. The study is to also suggest support programmes to Government of India to ‘Link Indian SMEs to Global Value Chains’. 

Rashmi Banga, who is heading the Commonwealth initiative from London, was leading the Workshop along with a team of researchers.

 “Today both the private sector and the policy makers are working on various aspects of GVCs in order to understand better their various dimensions. The central concern, of course, is what GVCs deliver to the national economy and sustenance of growth, employment and inclusive development. From this perspective the initiative of Commonwealth Secretariat to host a   brainstorming session on developing global value chains in India is not a day too early,” said Sangam Kurade, President of Federation of Indian Micro and Small & Medium Enterprises (FISME).

MSME associations from across the states such as Rajasthan, Uttar Pradesh, Karnataka, Telangana, Andhra Pradesh, Tamil Nadu, Kerala, Madhya Pradesh, Goa, Maharashtra, West Bengal, Gujarat,  Bihar, Jharkhand and Punjab would be participating in the initiative.