By Samachar Digital News
Chandigarh 19th
Mar, 2019:- CII organized
an interactive session on ‘Small Business Development’ at its Northern Region
Headquarters in Chandigarh which was attended by 34
representatives from 23 countries. These participants are attending a five week
international exchange initiative conducted by NIESBUD, Mohali under the Ministry
of External Affairs, Government of India and are scholars from Indian Technical
and Economic Cooperation Programme (ITEC) hailing from countries such as
Burundi, Columbia, Ethiopia, Tajikistan, Uganda, Zimbabwe, Egypt and many more.
The interaction
aimed at sharing with the participants about the core activities of CII
encompassing Policy Advocacy, Business Development, Enhancing Competitiveness
and Engaging with the Society. Pawan
Shukla, Executive, NIESBUD, Ministry of Skill Development, Government of
India leading this delegation affirmed that they are looking forward to experience
the Indian entrepreneurship scenario and how the country’s small businesses
have grown and progressed so far, while such interactions will play a pivotal
role as right platform for budding entrepreneurs.
Dr Dinesh Dua,
Past Chairman, CII Chandigarh Council & CEO & Director, Nectar
Lifesciences Ltd addressed the gathering and walked them through the Indian MSME
sector. He said that a favourable government policy framework can work wonders
for the growth of small businesses in any country. He also mentioned that India
is the world's fastest economy with the annual GDP growth of 7.5
per cent. Our country hosts about sixty million MSME units that create
employment for at least 120 million people and the Indian MSME sector ranks to
be the second fastest growing sector of the world next to China.
Dr Dinesh Dua
advised the participants that while setting up a small businesses, the quality
parameters are of primary importance and it is mandatory to follow standard
operating procedures while aiming for RFT, i.e. ‘Right First Time’. He also
gave examples of Six Sigma and Kaizen that have revolutionized the world’s
manufacturing practice. He touched upon the Make in India movement and opined
that it has made ‘Brand India’ globally popular. Dr Dua elaborated upon the
Public Procurement Policy, Micro and Small Enterprises Development Program,
Prime Minister’s Employment Generation Programme and intensive focus on Skill
Development schemes that has improved India’s Ease of Doing Business Ranking
tremendously as also has been successful to quite an extent towards
encountering challenges while establishing small businesses; such as high cost
of credit, minimum access to technology, lack of infrastructure facilities,
regulatory issues, etc. Opportunities were sought in huge inflow of
investments, change in economic pattern, major reduction in deprived
population, better quality products, improved diplomatic relations and many
more.
No comments:
Post a Comment