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States » EastPosted at: May 3 2023 6:54PM


MSME sector an important pillar of Indian economy : WBSIDCL MD

Kolkata, May 3 (UNI) The MSME sector is an important pillar of the Indian economy, contributing significantly to job creations and economic growth, according to Nikhil Nirmal, MD, WBSIDCL.
Speaking at an event titled "Empowering MSME's of West Bengal", hosted by Indian Chamber of Commerce in collaboration with West Bengal Small Industries Development Corporation Ltd (WBSIDCL), on Wednesday, Nirmal said, " According to Nikhil Nirmal IAS, "The MSME sector is an important pillar of the Indian economy, contributing significantly to job creations and economic growth. It is crucial to empower MSME's and provide them with the assistance and resources they require to develop and prosper. The initiative is a step towards achieving the goal. It aims to strengthen the state's micro, small, and medium enterprises (MSMEs). "
" Since its inception under the MSME&T department, the agency has created 51 industrial parks and commercial estates across the state, offering infrastructural and marketing support to MSMEs. The estates offer land and sheds at reduced prices for the establishment of companies with modern facilities, resulting in a large number of employment opportunities in the state. The business also assists roughly 200 MSME suppliers with marketing and supplies operating items to government buildings. During the pandemic, WBSIDCL took steps to vaccinate the workforce, meet urgent supply needs in government hospitals, and provide economic relief to MSMEs, " he added.
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