New Delhi: Union Minister of Road Transport & Highways and MSME Shri Nitin Gadkari, inaugurated the 39th India International Trade Fair(IITF) here today. He was accompanied by the Minister of State for Commerce & Industry Shri Som Parkash. The theme for this edition of the Fair is “Ease of Doing Business” inspired by the unique achievement of India of rising up to the 63rd rank on the World Bank’s Ease of Doing Business Index from 142nd rank in year 2014.
Addressing the gathering on the occasion, Shri Gadkari said, the country has made good progress in the field of MSMEs. He said, MSMEs contribute up to 29 per cent of India’s total exports. The sector has generated employment to over a crore people recently. The Minister described the MSME sector as the growth engine for India’s development.
Gadkari called upon the entrepreneurs to come forward with new and fresh ideas on improving designs, reducing costs, and harnessing businesses. He said, various States are abundant with rich minerals and raw materials. “The need is to convert them into business and industrial opportunity”, he added. The Minister informed the audience that the government is working on setting up new technology training centres for quality production, which is internationally acceptable.