The India Pavilion at Expo2020 Dubai is showcasing the MSME (Micro, Small & Medium Enterprises) sector from January 16 to 26 to global investors highlighting the areas of business collaboration and emerging opportunities in the sector.

Narayan Tatu Rane, Minister of Micro, Small and Medium Enterprises (MSME), Government of India inaugurated the MSME sector floor at India Pavilion virtually at Expo2020 Dubai.

A special film on Khadi was launched during the inaugural ceremony.

A total of 12 feature films, showcasing the strength of the MSME sector in India were screened on various topics including MSME Landscape in India, Backing Businesses (Credit support), SFURTI (Rural Artisans), NSIC (Rapid Incubation), Technology Centres (Charkha se Chandrayan) and Success Stories of India’s MSMEs.

A retail shop has been set up by the Khadi & Village Industries Commission (KVIC) at India Pavilion to showcase its products for a period of one month, starting January 1.

The MSME sector is a key pillar of the Indian economy. There are more than 63 million MSMEs in India, which contributes around 30% of India’s GDP and employ around 110 million people. The sector is also a major contributor to the socio-economic development of the country apart from entrepreneurship development, especially in semi-urban and rural areas of India. – TradeArabia News Service