February 16 2016, 13.52 PM IST || Pocket News Alert
200 Exhibitors include South Central Railways, Vishakha Steel Plant (VSP), BHEL, NMDC, ONGC, BDL, BEL, SC Railways, GAIL, HAL, Defence , NTPC. CPSU’s and other Govt. Organizations will participate
Jupally Krishna Rao, Minister of Industries and Etela Rajendar, Minister of Finance to grace
“MSMEs face enormous challenges in terms of productivity and establishing a credible foothold in global arena. Marketing is seen as key for future prospects”: Chandra Sekhar, Director MSME DI and P. Girija, President, COWE
Public Procurement Policy for Micro and Small Enterprises (MSEs) Order, 2012
mandated the Central Government Ministries, Departments and Public
Sector Undertakings to procure minimum of 20 per cent of their annual value
of goods or services from Micro and Small Enterprises. This platform brings Govt bodies, PSUs and MSMEs on one single platfrom
Hyderabad, February 16, 2016….. The Micro, Small & Medium Enterprises – Development Institute, an organization of Ministry of MSME, Govt of India in association with Confederation of Women Entrepreneurs(COWE) of India announced a two day National Vendor Development Program cum Industrial Exhibition. It will be held on 19th and 20th February at NSIC Business Park, ECIL Post, Kushaiguda.
Disclosing this addressing a press conference here in city today D. Chandra Sekhar, Director, MSME DI and P. Girija, President, COWE informed that it will be formally inaugurated by Jupally Krishna Rao, Minister for Industries who will be the Chief Guest and Etela Rajender, Minister of Finance, Government of Telangana, Guest of Honour.
Ch. Malla Reddy, MP, NVVS Prabhar, MLA; Sudhir Reddy, President, Telangana Industrial Welfare Federation, Venkata Chalapathy, General Manager of NSIC and R. Parthasarathy, General Manager of BHEL will grace as the guests of honour.
D.Chandra Sekhar added that the MSME DI Hyderabad has jurisdiction of both Telangana and Andhra Pradesh. We work to help MSMEs by organizing Workshops, Training, Promotion and Development. The current program is an annual event. This is one of the last four national programs organized this year. The earlier exhibitions were held at Guntur, Kakinada, Vishakhapatnam. We also promote 25 schemes of Government of India, he informed.
The similar exhibition held last year has generated Rs 10crore orders for MSMEs. According to Public Procurement Policy for Micro and Small Enterprises (MSEs) Order, 2012 all the Central Government Ministries, Departments and Public Sector Undertakings should procure minimum of 20 per cent of their annual value of goods or services from Micro and Small Enterprises. This order mandated in the year 2015. So many PSU and Government bodies have to procure goods worth hundreds of crores. But, their challenge is to identify those MSMEs who can supply such goods worth many crores. So, this platform will bring all of them together on a single platform informed Chandra Sekhar and Girija. This is a very useful to all, they informed.
Indian MSMEs face enormous challenges in terms of productivity and establishing a credible foothold in global arena. Marketing is seen as key for future prospects. We need to desperately scale up our efforts to fuel manufacturing, develop skills to produce better products with more creative approach, assure quality and add value to enhance the share in domestic and global market. This will provide a common platform for MSME large and medium scale sectors for a live interaction to understand their requirements, and facilitate in establishing business linkages informed D. Chandra Sekhar Reddy and P. Girija.
The program is organized for the benefit of micro, small & medium enterprises of Andhra Pradesh and Telangana States. The program is being supported by CPSUs, Bankers and all local industries associations.
The objectives of the program is to Identify and explore the business, bench marking for challenging the best, to build strong business linkages to fulfill the heightened quest for cost efficiencies, to promote networking among the industrialists, traders, large, medium enterprises & PSU and to showcase the strength and core competence of MSME's
The prime objective of it is to facilitate a business tie-up between Government & CPSUs viz., SCR, VSP, BHEL, NTPC, ECIL, NMDC, BEL, Coal India Ltd., Defense Establishments and large private sector industries with MSMEs for mutual benefits and to provide appropriate marketing linkages.
More than 200 stalls of Government, Large, Medium, Small & Micro units and 10 CPSUs are expected to exhibit their products. The other exhibitors include Raw Materials Suppliers, Heat Treatment Furnace manufacturers, Packaging machine and machine suppliers, Technology Providers & Consultants, Importers & Exporters, State Government Departments and Undertakings, R & D institutions and Financial Institutions and Tool Rooms & Testing Laboratories
This event will provide an opportunity to MSMEs to showcase their capability to PSUs/ Govt. Organizations and Large Industries that outsource their products and services to MSMEs. The participating PSUs would also exhibit their requirements from the MSME sector.
The two day event will provide a suitable forum for buyers & sellers to interact with each other for establishing business relationships for the supply of required materials and it would be an ideal platform for PSUs to identify vendors, thus promoting market avenues for MSMEs. Participants would be enlightened on Vendor Registration procedures and Procurement policies of PSUs and Govt. agencies during the seminar.
The program is supported by COWE, SBI, SBH, Andhra Bank, Canara Bank, Corporation Bank, FAPSIA & Others. The Vendors who will participate include South Central Railways, Visakha Steel Plant (VSP), BHEL, NMDC, ONGC, BDL, BEL, SC Railways, GAIL, HAL, Defense, NTPC. CPSU’s and other Govt. Departments
A Souvenir comprising useful business information, National Manufacturing Competitiveness Program of Govt. of India for MSME, Public Procurement Policy, Purchase procedures of PSUs and list of their outsourcing requirements will be published for circulation.
