KOCHI: Industries Minister A C Moideen said small and micro enterprises (SME) in Kerala had the potential to employ and rehabilitate expatriates who are forced to return to the state due to financial crisis in foreign countries.
After inaugurating Vyapar-2017, the three-day Kerala business-to-business meet at Bolgatty here on Thursday, Moideen said the government was ready to help small and micro entrepreneurs in the state.
“For Kerala, small and micro enterprises are more suitable than big industries. They have a huge potential to generate employment, besides manufacturing quality products and marketing them globally. Future generations can look to the SME sector, which has always been a true reflection of Kerala’s ‘distinctiveness,’ for employment,” he said.
This sixth edition of Vyapar, organised by the Department of Industries and Commerce, is expected to witness around 7,500 business meeting.
The meet provides a platform for small and medium industries to market their products directly to buyers from the other states and abroad. Delegates from more than 46 countries are participating in the meeting, including special delegations from Japan and Sri Lanka.
The Department of Industries and Commerce has selected 200 sellers who are showcasing their products at the venue.
“Participation of special delegates shows the meet has gained global importance,” said K V Thomas MP.
Industries and Commerce director P M Francis said the purpose of Vyapar-2017 was to expand business, strengthen the state’s economy and explore business potential abroad.
On the occasion, Moideen gave away the Best Seller Award to Chalakkudy-based Rapol Saniplast.