NEW DELHI: "MSMEs need to adopt disruptive thinking to take better advantage of the growth dividend opportunity," opined an expert panel at the Edelweiss SME Lending BSE MSME Day.
The theme this year "Limited to Unlimited Celebrating Entrepreneurship, Unlocking Value", was an initiative to salute the spirit of the Indian entrepreneurs and acknowledge their immense contribution in driving India's growth story on India's first International Micro, Small and Medium-sized Enterprises (MSME) day today.
The event inauguration was done with the ceremonial "Ringing of the bell" by Rashesh Shah, Chairman and CEO, Edelweiss Group and Ashish Kumar Chauhan, MD & CEO, BSE.
Suresh Prabhu, Minister of Commerce & Industry and Civil Aviation and Sudhir Mungantiwar, Minister of Finance & Planning, Forests, Government of Maharashtra, supported the celebrations with video messages for the audience comprising India's leading MSMEs and SMEs, many of which are listed on the exchange.
Mr Prabhu said, "MSMEs are the backbone of the Indian economy, are the largest contributors to employment in India, provide significant output and also help exports. Most importantly, they enable development of the Indian society inclusively. Small Industries are key to many large scale Industries as they provide support in terms of components and other allied services essential for these industries to survive. I wish to congratulate you and wish you all the best for the future."
Mr Mungantiwar said, "Our society is growing rapidly. MSMEs are very big chunk of our GDP growth.We need to support these businesses in their growth journey. On this International SME day, as the Finance Minister of Maharashtra, I assure our SME players that we will stand alongside them and make sure they get the required support for their businesses."