8
Proceedings Report: Odisha MSME International Trade Fair 2014 Date: 1 st - 7 th January 2014 Venue: IDCO Exhibition Ground, Unit III, Bhubaneswar Organized by : Sponsors: Media Partner: Knowledge Partner:

Odisha MSME International Trade Fair (OMIF) - Gujarat Vibrant 2014

Embed Size (px)

Citation preview

Page 1: Odisha MSME International Trade Fair (OMIF) - Gujarat Vibrant 2014

Proceedings Report:

Odisha MSME International Trade Fair 2014 Date: 1st - 7th January 2014 Venue: IDCO Exhibition Ground, Unit III, Bhubaneswar

Organized by : Sponsors: Media Partner:

Knowledge Partner:

Page 2: Odisha MSME International Trade Fair (OMIF) - Gujarat Vibrant 2014

2

Another Success Story for Gujarat in Another Part of the Country

The Government of Gujarat participated in the Odisha MSME International Trade Fair – 2014, organized

jointly by the MSME Department, Government of Odisha and National Small Industries Corporation Ltd.

iNDEXTb, on behalf of Govt. of Gujarat receiving the "Best Display Stall" from Hon'ble Minister of MSME, Odisha Government

Much in sync with the tradition of Gujarat and Gujarati people to win laurels wherever they are present,

the exhibit of the Gujarat Government was awarded as the ‘Best Display’ in the Government Promotion

Sector amongst all the other participants in the category.

Page 3: Odisha MSME International Trade Fair (OMIF) - Gujarat Vibrant 2014

3

The aesthetically decorated display stall was a unique blend of Gujarat’s rich culture and heritage,

seamlessly blended with the trade and enterprise friendly nature of the state.

Specific Focus on Gujarat The presence of Gujarat in the event of such stature only added more shine to the success of the event.

The Government of Gujarat worked hard to develop an innovative and attractive way to promote the

growth of MSMEs in the State and the efforts put in to design the exhibit definitely paid off in the end.

The panels put up in the exhibit were highly informative, capturing the essence of Gujarat in a very lucid

yet exhaustive manner. The exhibit thus aptly received the token of appreciation from the organizers of

the event. And this was aptly covered by media as indicated by the news clips below.

Page 4: Odisha MSME International Trade Fair (OMIF) - Gujarat Vibrant 2014

4

Stepping Stone for a Future Together The Government of Gujarat is well known for being highly supportive of any industry being set up in the

state; and has always promoted Micro, Small and Medium Enterprises to set up their business units in the

state, along with the larger industries.

The National Manufacturing Policy aims at increasing the present share of manufacturing sector in

GDP from 18% to 25% by 2025

Manufacturing Sector in Gujarat contributes to 27.6% of GSDP in Gujarat with a CAGR of 23% in last

two years

Government of Gujarat has announced to attain the target of 32% contribution of the Manufacturing

Sector in the GSDP of the state through specific interventions in sub sectors such as MSME, a backbone

of Manufacturing Industries in Gujarat state

To create an approach of active linkage of small and large industries of Gujarat with Odisha and other

eastern states

Govt. of Gujarat with the intention of showcasing Gujarat’s industry friendly policies and conducive

environment has thus taken a decision to participate in this international event to create specific focus

on Gujarat and promote the linkage between east and west part of the country.

Visit of His Excellency Governor of Odisha, Dr. S.C. Jamir to the pavilion of Gujarat state

Page 5: Odisha MSME International Trade Fair (OMIF) - Gujarat Vibrant 2014

5

Event Details

Odisha MSME International Trade Fair 2014 ‘Odisha MSME International Trade Fair 2014’ was organized by the Department of MSME, Government of Odisha and the NSIC with the aim of providing a strong platform for the MSMEs, not just in Odisha, but also around the country to gain exposure to the Indian as well as global business scenario and best practices. The event provided a market tool to MSMEs for exploring new markets and exposed them to technical and technological development taking place around them.

The event provided a unique opportunity for all the stakeholders of the MSME sector to network and understand the best way forward to develop the sector and keep it export oriented. The platform benefitted not only the Odisha buyers and the Odisha markets, but also several pan-India delegations comprising of buyers from various states all over India. This event has become a brand of immense value and tremendous potential both from the business as well as knowledge point of view.

Objectives of the event

To discover new market opportunities and technologies through organized meetings with potential customers and suppliers from India and abroad

To exhibit the capabilities and export potential of Indian MSMEs as well as their goods & services

To forge closer linkages and networking amongst MSMEs, through exchange and sharing of experiences as well as know-how on best business practices and strategies

MSME International Trade Fair-2014 is always visited by dignitaries and decision makers from the Govt. and the industry from all over India

Tried & tested platform for business transactions

Page 6: Odisha MSME International Trade Fair (OMIF) - Gujarat Vibrant 2014

6

The event turned out to be highly successful with over 270 exhibits being set up in the trade fair and a

presence of almost 2.67 lakh visitors over the course of the event.

Some of the notable participating organizations at the event included Rourkela Steel Plant, Mahanadi

Coalfield Ltd., NALCO, Hindustan Aeronautics Ltd., Paradip Port Trust, Tata Steel, Indian Oil Corporation

Ltd. and Essel Mining. More than 40 renowned equipment manufacturers, 16 nationalized and private

banks and new entrepreneurs participated enthusiastically in the event. In addition to domestic

participation, delegates from countries like Egypt, Republic of Malawi, Burkina Faso, Zimbabwe,

Ethiopia, Rwanda and Burundi also marked their presence at the international trade fair.

Around 14 seminars, centered on different topics across the spectrum of the MSME sector, were

organized during the event. Along with knowledge sharing sessions, buyer – seller meets were also an

important component of this fair. Seven information centers were set up during the event to disseminate

information on aspects such as funding, setting up MSMEs and marketing of MSMEs.

Important Topics discussed via seminars

Investors meet & Investment opportunity in Food Processing Industries

Investment opportunities in Tourism sector leading to promotion of MSME

Buyer – Seller meet and ancillary development with defence organizations

Credit flow to MSMEs & Credit rating

Export opportunities for MSMEs

National Manufacturing Competitive Programme

CSR activities for inclusive growth

Application of ICT in MSME development

Buyer – Seller meet and ancillary development involving major Public Sector Units of India related to the metals, mining and energy sector

Outcomes

A total business of almost INR 4.51 crore was generated during the trade fair as per sources

NSIC announced that the Government of India intends to establish a MSME facilitation centre in

Bhubaneswar in the coming future

Page 7: Odisha MSME International Trade Fair (OMIF) - Gujarat Vibrant 2014

7

NSIC also has plans to set up 20 – 25 incubation centres all over Odisha within the next four to five

years to encourage new entrepreneurs to flourish in the state

A pact, under which MSMEs of Odisha would be able to garner credit support from around 23 major

nationalized and scheduled banks of the country

The MSME Department of Odisha will be implementing 19 new ideas with the support of Professor

Anil Gupta of IIM, Ahmedabad, who is also a member of National Innovation Council

Lot of interests and enquires for Gujarat were raised throughout the event

Way Forward

The seven day trade fair turned out to be a strong platform for all stakeholders of the MSME sector to

come together and discuss the issues, challenges and way forward in the development of India’s Micro,

Small and Medium Enterprises. Not just from an Odisha point of view, but also from a national point of

view, the event turned out to be highly business oriented and enjoyable for the participants.

Government of India should continue supporting the development of MSMEs all over the country by

facilitating their business vis – a – vis capital support and policy support

Finance and micro finance companies should be encouraged to assist the MSME sector of the country

as finance requirement is a major obstacle in the path of development of this sector

The Government of Gujarat can also propose schemes and policy changes, based on the learnings

from this event, regarding development of MSMEs in the State

Incubation Centers can be set up across Gujarat to encourage entrepreneurs in the State to establish

export oriented MSMEs

The SEZs, SIRs and Industrial Parks coming up in the state can have special provisions for supporting

MSMEs and exposing them to global best practices in manufacturing and marketing of products

Universities in Gujarat can also look towards establishing Centres of Excellence (CoEs) to identify

bottlenecks in the development of MSMEs in the state and find out innovative solutions for the same

Page 8: Odisha MSME International Trade Fair (OMIF) - Gujarat Vibrant 2014

8