Robust Growth in Kerala’s MSME Sector, says Industries Minister
Thiruvananthapuram: The Micro, Small and Medium Enterprises (MSME) in Kerala has seen an encouraging and robust growth in spite of the global economic crisis, said State Industries and IT Minister P K Kunhalikutty at the logo launch of the upcoming Machinery Expo here.
The Kerala Machinery Expo 2016 aims to bring in technology and machinery from around the country to upgrade facilities and improve productivity among new and established Micro, Small and Medium Enterprises (MSME) in the State.
Kunhalikutty unveiled the logo with the slogan ‘Manufacturing Solutions for Make-in-Kerala’ at a function at Mascot Hotel on Tuesday. “There has been a healthy turnaround in the attitude that you cannot start an enterprise in Kerala,” said the Minister. “There are lots of success stories, and though the textile and cashew industries survive on government support, these sectors havealso recorded good growth,” he said.
Organised by the Department of Industries & Commerce, the Expo will be held at the ADLUX Convention Centre at Angamali in Ernakulam district from January 27 to 30. Technologies and solutions to give further boost to the State’s MSME sector, which has shown stable growth, will be displayed at the Expo.
The first State-level machinery expo will feature 125 stalls at the fully air-conditioned exhibition centre.
The Expo will provide an opportunity for new and established businesses, students and experts in the field to communicate and interact.
“MSMEs, which are mainly one-man management set-ups, are finding it difficult to find the right equipment. This expo brings technology and equipment to the doorstep of the entrepreneurs in the State,” said Industries Principal Secretary P H Kurian IAS. “It is important to have the necessary technology in today’s competitive environment. We are making a start this time with national machinery manufacturers and distributors. Next time, we hope to bring in international equipment,” he said.
The MSME sector, significant for facilitating inclusive growth, has generated 33.2 lakh jobs in the State, putting it ahead of any other state in the country.
Also present at the function were Director of Industries & Commerce P M Francis, Kerala Small Scale Industries Association State President K P Ramachandran Nair and Handloom & Textiles Director Sam C Ittycheria.