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October 27, 2014

Bengal to promote MSME sector in SE Asian countries

Bengal to promote MSME sector in SE Asian countries
The state government has decided to send several department secretaries to countries like South Korea, Japan, Malaysia and others to attract investments for the micro, small and medium scale industries in the state. Apart from trying to bring investments to the state, secretaries will prepare for the forthcoming Bengal global business summit, scheduled to be held in the city in January, along with promoting the Biswa Bangla brand.
Among the secretaries chosen for the trips are the finance secretary, the WBIDC managing director, the MSME secretary, the urban development secretary, the transport secretary and the higher education secretary. A few other secretaries could also be chosen to visit a other countries in Europe. The secretaries will make the visits by November.
West Bengal Chief Minister Ms Mamata Banerjee will be present at the national level meeting of Federation of Indian Chambers of Commerce and Industry (FICCI) on November 7.
It was after the CM's Singapore trip that it was decided that the initiative will be followed by sending representatives to Singapore and other countries in an effort to bring investments, with special emphasis on the micro, small and medium scale industries. The government also formed sectoral committees on urban infrastructure, tourism and transport to follow up to pursue the industry initiatives.
The government is stressing on developing the MSME sector. Bengal has secured first position in the field of micro, small and medium enterprises (MSME) sector in terms of growth. 152 new clusters have been set up in the last three years in the MSME, handloom and khadi sectors and more than 35,000 new units have been set up in MSME sector with employment of nearly 3.20 lakh. The MSME sector has seen the highest credit disbursement worth Rs 35,000 crore over the last three years.
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