home Advertise
With Us

Micro Small and Medium Enterprises get ministry salve amid slowdown

JAMSHEDPUR: The Micro Small and Medium Enterprises (MSMEs) in the Adityapur industrial area, which are looking for early revival, received a shot in the arm when the Union ministry for MSME assured helping the slowdown-hit industry in exploring new market.

The Vendor Connect meet organized by 
CII Jharkhand on Wednesday evening here witnessed Union MSME director assuring the slump-hit ancillaries of all possible help for an early revival.

The representatives of the recession-hit 1000-odd ancillaries were glad on hearing from 
director of Union MSME department Mahadev Lakra that the ministry is keen to shoulder the responsibility with CII in exploring business opportunities for the ailing local MSME's.

Lakra said in the recent years his department has unveiled several new policies aimed at strengthening the ancillary industry and it is the job of the industry bodies to enlighten the ancillary unit owners about the same.

The CII Jharkhand chairman S K Behera assured the Adityapur ancillary representatives that he would play an active role in securing work order for the ancillaries from Railway and Defence, the two prominent public organizations that are unaffected by the slump in the economy.

"We all need to come together and work jointly for effective and fast revival of the ailing industry and CII shall play whatever possible role it could in securing work order for the local ancillaries from the Railway and Defence," said Behera.

Seraikela-Kharswan Chamber of Commerce and Industry president A K Srivastava, who was also present on the dias, appealed to the state government to work out measures to bail out the ailing ancillary industry. "I look forward to the state government to encourage response for extending cooperation for the early revival of the ailing ancillaries," said Srivastava.