B2B Meet Encourages MSMEs to Achieve Global Standards: CII, B2B Meet Encouraged Micro Small and Medium Enterprises, Buyer Seller Meet Organized By CII Haryana State Council, Buyer Seller Meet at CII Conference Hall in Gurgaon

Top Stories

»	Need good leadership to realise vision of Viksit Bharat: PM Modi at SOUL Conclave
»	Indiaâs fruit exports break new ground in rich markets as Centreâs GI tags drive growth
»	Rabi 2024 clocks 1,132 LMT wheat production, ample availability in country: Centre
»	PM Internship Scheme Round 2 with over one lakh opportunities open for applications
»	Centre inks over Rs 1,220 crore contract with BEL for 149 software-defined radios

SME Times News Bureau | 30 Jun, 2010
"Quality standards, competitive pricing and timely delivery are the key elements to forge business linkages," said P K Bansal, Additional Director Industries, Government of Haryana at the day-long Buyer Seller Meet that was organized by CII Haryana State Council at CII Conference Hall, Gurgaon on Tuesday.

Bansal said that industry should invest in research and development and use the latest technology in order to achieve business excellence. He further opined that micro, small and medium enterprise (MSME) sector is highly unorganized in India and thus a research fund should be allocated for the prosperity of this industry. Today the sector needs funds for training, research, infrastructure, IT application and the likes.

The meet apprised the MSME sector, about the standards followed by the large companies and helped them to equip themselves with the international production standards in production and engineering.

R P Vaishaya, Director, MSME Development Institute, Karnal, Ministry of MSME, Government of Haryana stated that MSMEs are playing an important role in development of the country, employment generation and exports. The government through credit linked modernization / expansion programs, cluster development, quality certifications etc. is trying to provide the best possible support to the sector.

Speaking about facilitating business environment for the sector, S K Sinha, Director - Planning & Marketing, National Small Industries Corporation Limited (NSIC) stated that India is home to 26 million MSMEs which accounts for 45% of industrial output, and 40% of exports. He mentioned that NSIC through its various programs has been promoting a facilitating business environment for MSMEs.

Raj Bhatia, Vice Chairman, CII Haryana State Council, in his Welcome address highlighted the need for a strong public policy on procurement of goods and services from MSMEs which comprises 13 million units in India. It is to be noted that the US procurement targets ranges from 20% to 30%, whereas in the EU and Japan it is 5-7%. In India, the public procurement from the MSME is less than 1%. said that apart from support of the government and large industrial houses, MSME's today have to evolve themselves to meet the challenges of the future. On the other hand, government and large organizations should find ways to foster the sector and minimize existing business gap.

Ravi Kumar Pisipathy, Convenor, MSME Panel, CII Haryana & Plant Head, Hero Honda Motors Ltd stated that the advent and adaption of IT has made global business possible for enterprises. This buyer seller meet is the beginning of bringing together the two crucial sides of business in understanding the specifications and requirements of an industry. This is acting as a base program, which in times to come will become sector specific.

Representatives from large organizations while addressing the session on Fostering New Business Linkages shared the process of selection of vendors for their organizations. Delhi International Airport Pvt Ltd (DIAL), Indian Sugar & General Engineering Corporation (ISGEC), Engineering Projects (India) Pvt Ltd (EPIL), Whirlpool of India Ltd, MSME Development Institute and Engineering Export Promotion Council, Hero Honda Motors Ltd and others presented their Purchase and Procurement policies and discussed their needs and the required standards with the participants. The presentations provided first hand vendor information to the small enterprises.

One to one meetings were organized with the representatives of the large companies. The delegates found the one to one meetings very useful and said that these meetings that were organized for the MSMEs with the large companies is very crucial for them to grow and build linkages. They said it is usually difficult to get an appointment and have a meeting with the Business heads of large corporates but it has been possible to meet these senior officials through this Buyer Seller Meet. The Meet was well attended by small and medium companies from the NCR region.