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Business EconomyPosted at: Jan 6 2018 4:52PM


“MSMEs create employment for 120 million people in India”: Pravin Daryani

Hyderabad, Jan 6 (UNI) A&A Group Chairman and Managing Director Pravin Daryani has said that MSMEs was creating employment to 120 million people in India, which was more than the total population of Germany, Malaysia and Singapore combined.
They contribute 38 per cent of the overall GDP of India (approximately Rs 54,450 crore) which was more than the total GDPs of Bangladesh, Pakistan and Sri Lanka put together, Mr Pravin said.

Indian Institute of Learning and Development (IILD), a leading name in MSME businessmen coaching in India which forayed to Hyderabad and opened a branch recently here and observed Entrepreneurs’ Day on Friday. IILD is a subsidiary of A&A Group.

In a statement here on Saturday, Mr Pravin said “MSMEs are progressive because they are already walking on the path of progress. We want to make them realize their might and how they can influence commerce, economy and the entire ecosystem. Entrepreneurs’ Day celebrates their existence.”
In the past decade India has seen a meteoric increase in the number of businesses, and a paradigm shift in people’s attitude towards business. The MSMEs, although largely unorganized, form an indispensable part of the country’s business landscape. They need immediate recognition from the populace that has benefitted much from their business activities, he said.
As a gesture of goodwill, IILD’s team of trainers and consultants conducted training on ‘professionalism at workplace’ at the offices of more than a 100 companies from textile, pharmaceutical, automotive, engineering, food and other industries across the country. The training sessions covered approximately 3,000 employees at companies based in Hyderabad, Mumbai, Ahmedabad, Indore, Ludhiana, and Delhi. The mega events was based around the theme “catalysing a cultural shift at workplaces”, the statement added.
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