Ecosystem for MSMEs in AP - TeluguPeople.com News

Visakhapatnam: Reiterating the government's commitment to strengthening the manufacturing ecosystem, Kondapalli Srinivas, Minister for MSME, SERP, NRI Empowerments & Relations, Government of Andhra Pradesh, highlighted that India'traditionally strong in the services sector'must now expand its presence in global manufacturing value chains.

Inaugurating the 22nd CII Global MSME Business Summit in New Delhi organised by the Confederation of Indian Industry (CII) in association with the Ministry of Micro, Small, and Medium Enterprises, Government of India, noted that India is one of the world's largest and most democratic consumer markets. 'If industry can cater to India, it automatically gains a platform to serve the world. Our goal is to create an ecosystem where MSMEs can grow from small to medium and eventually become large enterprises,' he said.

The Minister urged the CII to further work closely with the government agencies to develop policies that support MSME growth, with particular focus on standardisation and certification to help Indian products gain acceptance in global markets, on establishing more testing and certification labs across India, and educating industry on international compliance standards. He emphasized that aligning product standards with global requirements would significantly boost India's export competitiveness.

'Indian MSMEs must be guided to take maximum advantage of FTAs and global market access opportunities,' he said.

Highlighting rapid technological advancements, particularly in artificial intelligence, the Minister stated that new technologies make global integration more accessible than ever. 'The world has become smaller and more connected. The MSME must leverage technology to connect Indian entrepreneurs with global opportunities,' he said.

Calling for deeper cooperation, the Minister said, 'I request CII to further work closely with the government to strengthen India's MSME sector, expand domestic capabilities, and build global value chains. Together, we can create a powerful ecosystem that shapes the future of Indian industry.'

CII organised the 22nd edition of the Global MSME Business Summit 2025 on Monday at The Lalit, New Delhi, themed 'From Local to Global: Plugging MSMEs into Resilient Value Chains.' The Summit featured high-impact sessions on digitisation , automation, AI, smart financing, risk management, the green transition, and unlocking the potential of women-led MSMEs.

The Summit witnessed the presence of the prominent dignitaries such as Mr Ed Jager, Minister (Commercial), High Commission of Canada in India; Shri Rajat Kumar Saini, CEO & MD, National Industrial Corridor Development Corporation Ltd. (NICDC); Mr Sunil Chordia, Chairman, CII National MSME Council & CMD, Rajratan Global Wire Ltd.; Mr M Ponnuswami, Co-Chairman, CII National MSME Council & CMD, Pon Pure Chemical India Pvt Ltd.