BANGALORE: Public Sector Units (PSUs) in the State must consider purchasing at least 50 per cent of their requirements from the small industries, opined Raju Gowda, Minister for Small Industries.
He was speaking at the valedictory function at the 2nd edition of the MSME Defence Expo 2012 held in the city on Sunday.
He said that this would help promote the sector and instil a strong sense of confidence.
Gowda also said that the State government has identified 3,000 acres in Yadgir and invited companies to set up shop in the area meant to promote the micro, small and medium scale enterprises (MSME) sector and make active investments in the region.
Commissioner of Industries Department Maheshwar Rao said that the sector must play an active role in contributing to the defence and aerospace industries.
Rao said that during the Global Investors Meet 2012, to be held later this year, there would be over 20,000 metres of space for facilitating business to business (B2B) meetings where vendors and customers could meet and enhance their business opportunities.
A number of MSME units had displayed there products in the event