CUTTACK: As many as 137 enquiries were generated, which could build up into sustainable buyer-seller partnerships between mother plants and local MSMEs, as the three-day national level vendor development programme-cum-industrial exhibition and buyer-seller meet ‘MSME Expo-Odisha 2015’ held at Balijatra Grounds here drew to a close on Friday.
Around 103 MSMEs and 13 mother plants, Government Departments, large industries and banks participated in the exhibition organised by MSME Development Institute, State MSME Department, CTTC Bhubaneswar and Odisha Industries Association.
Attending the valedictory session, Industries Minister Debi Prasad Mishra said the Government had brought out the IPR 2015 which makes all process for industries easy and hassle-free. He said they have already initiated to create a land bank for the benefit of interesting entrepreneurs at a concessional rate. Establishment of various investment manufacturing zones and parks will give the MSME sector a huge boost, he said.
Speaking on the occasion, General Manager, Ordnance Factory, Badamal AK Agarwal said they have upped local MSME procurement for production of arms, ammunition and mortars for Indian Defence Forces to over 48 per cent this year. General Manager (E&M)/HOD, MCL P Raghunandanan said the PSU has enhanced purchases under Public Procurement Policy to 31 per cent against the target of 20 per cent.