Chandigarh
Power2SME, India’s
first ‘Buying Club’ for SMEs, signed a Memorandum of Understanding (MoU) with
Directorate of MSME, Government of Haryana. This MoU aims at strengthening
eCommerce linkages for MSMEs in Haryana.
The MoU was
signed between Sudha Sarin, Senior Vice President, Power2SME Pvt Ltd, and Vikas
Gupta, IAS, Director General, Directorate of MSME, Haryana in the
presence of Dushyant Chautala, Deputy Chief Minister, Haryana.
The MoU
envisages focused conversations on digital enablement, empowerment &
enhanced market access for MSMEs of Haryana. As per this initiative, Power2SME
will conduct SME Transformation Camps across various districts of Haryana under
the aegis of the Directorate of MSME, Haryana. Power2SME will also facilitate
the onboarding of regional MSMEs on its digital portal SMEShops.com
through these transformation camps.
Deputy Chief
Minister, said, “Our government is focused towards promoting entrepreneurship,
enhancing inclusive and balanced regional development in the state. The
strategic collaboration will help MSMEs, artisans in remote parts of the state,
to overcome challenges restricting their access to domestic and international
markets. This will not only give a boost to sales of existing entrepreneurs,
but also create unprecedented opportunities for new entrepreneurs. Through this
initiative, we are aiming at significantly enhancing visibility of indigenous
and specialized products from the state, be it industrial products, or
traditional handicraft products, and further strengthening ‘Brand Haryana’.”
Speaking about
the MoU, R Narayan, Founder & CEO, Power2SME, President FICCI CMSME, said,
“Haryana has always provided a hotbed of opportunity to the entrepreneurial
sector of the state. This MoU aims to seal the deal between Make in India &
Digital India to provide further impetus to the sector and produce exemplary
results to boost employment and economic contribution from the MSME sector.”
“Haryana
has several key industries such as automotive, agro and food processing
industry, textiles, engineering, etc. with significant presence of MSMEs. The
state government is focused on promoting MSME development, and believe
that this initiative will ensure market and geographical expansion for the
MSMEs of Haryana,” said Vijayendra Kumar, IAS, Principal Secretary Industries
& Commerce, Government of Haryana.
“Advancement
and holistic growth of our MSMEs is a key focus area for the Directorate of
MSME as it provides a huge lever to the economic and social development of the
state. This MoU will help our MSMEs transcend geographic boundaries and reach
out to newer markets. We look forward to creating impact and generate larger
market opportunities for our MSMEs,” emphasised Vikas Gupta, IAS, DG,
MSME.
The MoU comes
in the wake of the recent budget which has announced doubling of budget
allocation to MSMEs, reduction in duty of raw material which will provide
inputs to Atmanirbhar Bharat. Given the incentives available on digital
platforms, it is imperative to promote digital literacy amongst MSMEs. The MoU
will help MSMEs attain higher efficiencies and productivity, with transparency
at each level, which will translate into increased opportunities for the MSME
sector.
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