The Minister of MSME, Nitin Gadkari has announced that the share of MSME exports in the country will be raised to 50 per cent and sector’s gross domestic product (GDP) also to 50 per cent in the next five years. The ministry will also create 5 crore jobs in the next five years.
The minister was addressing a business summit titled ‘Globalising the Brand Khadi: The Pride of India’, organised by the Confederation of Indian Industry (CII) in Mumbai.
Calling upon enterprising people in the private sector to come forward to promote khadi, the ministry stated that the khadi sector needs to be strengthened and its turnover needs to be raised further. He also launched Tech Saksham, a CII Tech Project, aimed at accelerating MSME growth through technology enablement. CII Tech-Saksham for MSMEs, a MSME ministry-CII project, brings together technology majors Dell Technologies India, HP India, Intel India, Vodafone Idea, WhatsApp India and Yes Bank to address technological gaps faced by MSMEs in their growth.
