SOUTH INDIA MSME SUMMIT-2019 CURTAIN RAISER PRESS CONFERENCE By Sri Basavaraj S.Javali, President, KASSIA & Chairman, South India MSME Summit-2019

Bengaluru, 14th Jan, 2019:

First and foremost, they would like to extend a warm welcome to friends from the press on behalf of KASSIA, Office Bearers and on behalf. They would also like to wish all a very HAPPY MAKARA SANKRANTHI

They have called this press conference today to essentially brief press about the South India MSME Summit-2019, being organized at Bengaluru, by the Southern MSME Associations on Thursday, 17th January 2019, at 11.00 AM at the KASSIA Auditorium MSMEs, especially micro and small enterprises, serve as the backbone of the Indian economy. Listed under the priority sector, SMEs contribute the largest to job creation after agriculture SMEs account for about 10 to 12 % of GDP , 40 % of manufacturing output and about 45 % of exports from the Country. They play an extremely vital role in providing employment to the unskilled and semi skilled from the most vulnerable sections of the Society, who otherwise would remain unemployed and may add to social problems. However, SMEs undergo severe hardships in their functioning which affects their growth and development. This is largely due to the eco system that prevails and is unfriendly to their growth and development. In this background, the leading southern MSME Associations have come together organize the South India MSME Summit-2019, at Bangalore in order to project the various issues that continuously hamper their development to the Government and seek suitable solutions The objective of the Summit is to discuss key issues with a view of finding solutions to them within a frame work which provides the right environment for their growth and development. Though the Governments at the Center and the States have a number of policies aimed at improving situation for the benefit of SMEs, most of these policies fail in implementation and remain on paper.

The major problems that confront SMEs relates to finance, absence of good infrastructure chnology issues, marketing, procurement issues, regulatory issues, red tape, harassment and victimization, among others

The South India MSME Summit-2019, which is the 3rd in the series will assemble the following major South India MSME Associations on a single platform at Bangalore.

*Karnataka Small Scale Industries Association, Bengaluru

*Federation of Small & Medium Enterprises of India, Telangana & AP

*Federation of Andhra Pradesh Small & Medium Industries Assn. AP & Telangana

*Federation of Telengana Small (MSME) Industries Assn.

*Confederation of All India Small & Medium Pesticides Mfrs. Assn. Hyderabad

*Association of Lady Entrepreneurs of India, Hyderabad

*Kerala State Small Industries Association,

*Tamilnadu Small and Tiny Industries Association

*Tamilnadu Boilers Association

*Coimbatore Dist. Small Scale Industries Association

*Hosur Industries Association

*Madurai Dist Small and Tiny Industries Association

*Goa State Industries Association among others

The Summit will be inaugurated by Sri Shiva Pratap Shukla, Hon ble Miiser for state Finance, Government of India with Sri D.V.Sadananda Gowda, Hon’ble Minister for Chemicals & Fertilizers, Statistics and Programme Implementation, Sri Giriraj Singh, Hon’ble Minister of State for MSME as Chief Guests.

Sri SR Srinivas, Hon’ble Minister for Small Scale Industries, Government of Karnataka will be Guest of Honour along with senior officials from the Government of India and Government of Karnataka.

The Summit is scheduled to be held on Thursday, 17th January, 2019 at Karnataka Small Scale Industries Association (KASSIA), Bangalore at 11.00 a.m. and will have presentations by the Associations and interaction and discussions. A large number of entrepreneurs are expected to be present at the summit along with the representatives of the leading southern as A common memorandum comprising the key issues that need to be addressed by the Govt. of India and the States will be presented to the Hon’ble Ministers on the occasion.

City Today News



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