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The Southern India Mills’ Association

Committed to Foster the Growth of the Textile Industry

‘MSMEs contribute State’s 50% GDP, 45% export’s

As many as 3.67 lakh recorded MSMEs contribute towards 50 per cent of the GDP and 45 per cent exports of Odisha, informed MSME Additional Chief Secretary LN Gupta at a CII meeting at Jajpur on Sunday.
Gupta further informed that the State has 17 lakh farm and nonfarm enterprises, including trading business. He said the focus sectors in the State for MSMEs are food processing, chemicals and petrochemicals, textile, electronics, ancillary and downstream. He also proposed if there could a MSME park at Kalinganagar and every large industry support at least 10 MSMEs.
The conference, called ‘Connect2Indutries’ held by the CII North Odisha Zonal Councilat Jajpur focused on connecting MSMEs and startups to mega industries. The conference provided a platform for the MSMEs to interact and understand the requirements of the large industries.
Council Chairman SS Upadhyay mentioned that MSMEs are the backbone of a developing economy and they are the India’s the biggest employer.
NINL VC and MD SS Mohanty stated that the Kalinganagar Industrial Complex, home to six large industries, is one of the largest Industrial complexes in the country. He opined that Kalinganar should be able to produce 30 per cent of steel produced in India.
VISA Steel director Manoj Kumar proposed a vote of thanks.
Procurement heads from the Tata Steel, VISA Steel, Balasore Alloys Ltd, Jindal Stainless Ltd and Neelachal Ispat Nigam Ltd gave their respective presentations and invited MSMES and start ups to explore opportunities with them.