Kochi Feb 4: Manufacturers in Kerala should come out with more value-added products if they want to compete in the global market, Minister for Public Works Shri V K Ebrahim Kunju said today.
Inaugurating the three-day Kerala Business-to-Business Meet 2016 at the CIAL Trade Fair & Exhibition Centre in Nedumbassery, Kochi, the Minister said that Small & Medium Enterprises (SMEs) play a very crucial role in the overall economic development of the state. The meet will provide the SMEs in Kerala greater exposure to businesses outside Kerala and even India, he said.
Unveiling the Buyer and Seller Directories on the occasion, Minister for Fisheries, Ports and Excise Shri K Babu said that Kerala has witnessed around 12 percent industrial growth rate in the past four years, which is very high compared to other states in India.
The government has been focussing on five key areas including manpower, raw materials, capital, favourable political climate and marketing for the promotion of industrial growth in the state, he added.
Speaking on the occasion, Shri Anwar Sadath MLA said the government has been keen on promoting an industry-friendly climate in Kerala and has provided all possible support to individuals who want to start new business ventures in the state.
Shri P H Kurian, Principal Secretary, Industries & IT, said the2016 B2B meet, like in the past years, is an effort onthe part of the government to scale up the SME sector in Kerala. Pointing out that trade between countries is the best thing happening in the world,he said SMEs should upgrade the quality of the products each time they venture into a larger marketplace.
Shri P M Fancis, Director, Industries and Commerce, proposed the vote of thanks. Shri M G George Muthoot, Chairman,FICCI Kerala State Council, and Shri K P Ramachandran Nair, State President, Kerala State Small Industries Association (KSSIA), also spoke on the occasion.
As many as 200 SMEs from Kerala and nearly 480 buyers from 21 countries and 18 Indian states are participating in the meet, which is organized by the Department of Industries and Commerce and will conclude on February 6. It is expected that about 7000 pre-scheduled business meetings will be conducted during the three-day event.
SMEs from seven chosen sectors: food processing industry, handlooms, textiles & garments, rubber, wood-based industries, Ayurveda, herbal & cosmetics, engineering with electrical & electronics, are participating in the meet.
The Kerala Bureau of Industrial Promotion (K-BIP) is the nodal agency for the event, which is organised in association with the Directorate of Industries & Commerce, Directorate of Handlooms & Textiles, Kerala State Industrial Development Corporation (KSIDC), Kerala Industrial Infrastructure Development Corporation (Kinfra) and the Federation of Indian Chambers of Commerce and Industry (FICCI).
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