MSME Exports Crucial for “Viksit Bharat”: IIFT Seminar

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A seminar on the “Role of MSME Exports in Building Viksit Bharat,” recently organised by the Indian Institute of Foreign Trade (IIFT), brought together policymakers, industry leaders, and academics to discuss the critical role of Micro, Small, and Medium Enterprises (MSMEs) in India’s economic growth.

The seminar, attended by Mr. Sanjeev Bhatia, Regional Director – North, GJEPC, and Mr. Sanjay Madaan, Chief Manager (M&R), highlighted the importance of government schemes, technological advancements, skill development, and interdepartmental collaboration in boosting MSME exports and achieving a “Viksit Bharat.”

Prof. Rakesh Mohan Joshi, Vice Chancellor, IIFT, emphasised the strong correlation between rising exports and employment generation, stressing the need for technological upgradation to bridge existing gaps and drive sustainable growth.

Mr. Devendra Kumar Singh, Chairperson of the Cooperative Election Authority, highlighted the increasing registrations on the Udyam portal but pointed out the disconnect faced by micro-enterprises. He emphasized the need for stronger identification and connectivity measures for these businesses.

Mr. Mohit Bhasin, Global Co-Lead and National Lead, Economic Growth and Public Services at KPMG, presented a roadmap for “Viksit Bharat in Manufacturing,” envisioning achieving USD 2 trillion in exports in the coming years.

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