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Press Release

MSMEs as game changers for inclusive growth & employment : Dr. Chand, Nalco CMD

calender06/12/2016
Press Release
Press Release

Bhubaneswar, 06/12/2016 :“As a responsible large-scale industry, Nalco is ready to provide handholding support to its regular MSME vendors who ensure quality and timely delivery of their products. Nalco shall make efforts to publicize the select MSME brands, along with its brand image publicity,” said Dr. Tapan Kumar Chand, CMD, Nalco, while addressing the inaugural ceremony of MSME-Expo Odisha 2016 on 5th December. The Expo, along with a 3-day National Level Vendor Development Programme, is being held at Killa Maidan, Cuttack.

While addressing the representatives of various industries, banks, small enterprises, start-ups, as well as officials of MSME Departments of the State and Centre, Dr. Chand appreciated the Micro, Small and Medium Industries of the State for scoring better in terms of providing employment opportunities and return-on-investment as compared to the national average. “MSMEs are the game changers of the day, driving growth and development,” Dr. Chand added. Reiterating Nalco’s commitment towards the development of MSMEs of Odisha, Dr. Chand suggested the State Government to prepare a mobile application for the MSMEs, which will address various issues faced by the MSMEs and also provide them information and updates on policy initiatives.

“While the State is geared up to promote ancillary industries, Nalco is setting up an Aluminium Park in Angul, in collaboration with IDCO to support downstream and upstream industries,” Dr. Chand informed.

Among others, Shri Jogendra Behera, Minister of MSME, Public Grievances & Pension Administration, Govt of Odisha, Shri Amitav Baksi, Chief Procurement Officer, Tata Steel Limited, Shri Tejeswar Parida, President, Odisha Khadi & Village Industries Board, Shri Abani Kanungo, President, Orissa Industries Association, Shri K.L. Rao, Director, MSME-DI, Govt of India, Cuttack, Shri S. Maity, Managing Director, Central Tool Room & Training Centre, Bhubaneswar also addressed the gathering. About 100 MSMEs, Mother Industries and Financial Institutions are participating in this Expo. Nalco, as a mother industry, has put up a stall in the Expo to showcase its activities and opportunities for development of MSME sector. Shri Jogendra Behera, Minister of MSME, Govt of Odisha inaugurated Nalco Stall, in presence of Dr. Chand and other dignitaries.