Focus on enhancing competitiveness in industrial sector
The chief minister Trivendra Singh Rawat inaugurated the two-day Uttarakhand industrial summit 2019 organised jointly by Confederation of Indian Industry (CII) and the State government in Haridwar on Friday. The summit will showcase exhibition of industrial products and services, vendor development programme for MSMEs, a session on enhancing competitiveness of MSMEs and a conference of future of manufacturing focusing on manufacturing excellence mission. Sessions on sustainable packaging, waste management session and Industry 4.0 are the major highlights.
Addressing the gathering on the occasion, the chief minister said that till now, MoUs for over Rs 40,000 crore have been signed with investors for the mountainous regions of the state. This has boosted the morale of the industrialists. Further he said that 27 per cent of the area of the state was covered by pine trees and many products were being made from this tree. He said for balanced growth of the state it was necessary that people of mountainous regions get employment. The efforts are being undertaken to increase per capita income of people and bridge the gap between people living in the mountains and the plains. That is why tourism was given status of industry.
The CM also said that the government gave full authority to district magistrates for enhancing growth of MSMEs. The amendment to GST rates by the Central Government has sent a positive message to the industrial sector, he said. Under ease of doing business, single window system was introduced for industries, said Rawat. The Urban Development and Housing minister Madan Kaushik said that in the 2021 Kumbh Mela, Indian Oil Corporation was giving much assistance. He exhorted the industrialists to work in the hotel business and increasing adventure tourism in the state.
Major industries like Hero Motocorp, BHEL, Mahindra and Mahindra, Munjal Showa, Shivam Autotech, Rockman industries, ITC, Tupperware among 45 indutries have showcased their exhibits in the summit. The exhibitors are from five states and two union territories said CII Uttarakhand State council chairman Mukesh Goyal.
When asked, the former chairman of CII State council, Vikas Garg said, “The effect of economic slowdown is more on some sectors of industry where demand cycle is less. The government is taking steps to increase the demand so that the manufacturing can be enhanced. The MSMEs have long been demanding from the government to change the definition of small and medium enterprises for which we are assured that the government is taking measures. This will give boost to these manufacturing industries. Even for automobile industry which is facing the brunt of this slow demand cycle, we are hopeful that government would listen to its demands.”
Saturday, 28 September 2019 | PNS | Haridwar
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