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Recently LG Manon Sinha inaugurated the 9th India International MSME Expo and Summit 2023 in New Delhi.

In his address on the occasion, he commended the MSME Development Forum for its endeavours to bring together policymakers and entrepreneurs for the promotion of Micro, Small & Medium Enterprises.

 Micro, Small & Medium Enterprises are accelerating India’s economic growth and powering Hon’ble Prime Minister Shri Narendra Modi Ji’s vision of ‘Make in India’ and ‘Aatmanirbhar Bharat.

Initiatives such as MSME Expo, trade fairs provide an important platform to spread awareness about government schemes, policies and to explore new business opportunities in the sector.

He shared the key interventions of UT administration to facilitate the growth of MSMEs in J&K.

MSMEs are the backbone of industrial growth and equitable development. Our commitment to industries, Small and Medium Enterprises and institutional support as well as infrastructural facilities in J&K is showing results.

Highlighting the immense potential of the MSME sector in Jammu & Kashmir, he said, as many as 2.81 lakh MSMEs have been registered on the Udyam portal in the last 3 years, reflecting the sector’s remarkable growth trajectory.

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