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Union Minister of MSME Jitan Ram Manjhi will inaugurate the closing session on December 15.
MSMEs contribute approximately 30 per cent of the country’s GDP.
The trade show, which concludes on Saturday, features exhibits by public and private companies in leisure and rescue boating, water sports tourism and kayaking.
Key players from different sectors of the machine world have arrived from across the country to showcase their products at the three-day grand expo which will be on till Saturday.
Around 200 NRIs in the business sector and other major investors nationwide are expected to attend the two-day event.
Around 8% or 11,833 enterprises shut down because of financial and marketing reasons. Only 503 units closed because of labour issues such as not getting workers, says the Minister for Industries.
Referring to the investigative series titled Lakshanamotha Kallam (The Perfect Lie), Industries Minister P Rajeeve reiterated that the State Government is ready to check if there are lapses in the figures compiled by his department
The data on the Industries Department website listing the investments and job opportunities created last year in the State is apparently not credible.
Manorama News recently telecast an investigative series titled ‘Lakshanamottha Kallam (The Perfect Lie) which exposed the claims of the government regarding the success of the programme.
While the financial challenges faced by Indian MSMEs are diverse, they can be managed easily with an MSME loan.
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