Two-Day National Vendor Development Programme-cum-Industrial Exhibition kicks off in city

Two-day National Vendor Development Programme-cum-Industrial Exhibition kicked off here at NSIC Business Park, Kushaiguda in Hyderabad today. Dr. Sailajanath S., Hon’ble Minister for Primary Education, SSA, Adult Education, Government of Andhra Pradesh inaugurated the two-day event. Addressing the gathering, he appreciated the initiative of MSME and COWE for Micro, Small and Medium industries. There are no companies without these small companies. No company progresses without these companies. I am happy to note that a beginning is made to address Micro, Small and Medium industries. He appreciated the efforts of the COWE-Confederation of Women Entrepreneurs in this direction. Our Government is dedicated for the upliftment of this sector. Our Chief Minister is committed for proving required skills to the youth under Rajiv Yuvakiranalu, who which Government has so far spent Rs 725. If you need any skill development to be done for any MSME sector, you can also take the help of Rajiv Yuvakiranalu, he said. He also inaugurated the exhibition.

The Exhibition-cum-Vendor Development program is being organised jointly by The Micro, Small & Medium Enterprises – Development Institute (MSME), Govt. of India and Confederation of Women Entrepreneurs (COWE) today and tomorrow. There is no entry free for the same.

Speaking on the occasion R. K. Wanchoo, Executive Director of Bharat Heavy Electricals said the MSME sector plays in important role of providing supply and service support to the large industries. A strong MSME sector is necessary for Large Scale industries to grow. We at BHEL as a matter of policy encourage MSMEs to supply parts, sub-assemblies, components and services and take a lead role in developing and registering them as our partners. This event is a step in right direction to encourage capable MSMes to enroll as venders to the participating PSUs and other Large Scale Industries, he informed.

In India the procurement policy introduced by the central government makes it mandatory for central government ministries, departments and PSUs to procure minimum of 20% of their annul value of goods or services from MSMEs. This 20% amounts to around Rs 35000crore, which is a huge market, observed Ms. Soudhamini , President of COWE.

Mr. G.R. Akadass, Director, MSME-DI, Hyderabad gave the keynote address. Minister S. Sailajanath also released a Souvenir on the occasion. Mr. R.K. Wanchoo, Executive Director, BHEL; Mr. Rajat Kumar, IAS, Commissioner of Industries; Mr. Sabyasachi Ghosh, IAS, Secretary (FP), Government of Andhra Pradesh; Mr. Bandari Raji Reddy, MLA, Uppal Constituency; Mr. Kotha Rama Rao, Corporator; and office bearers from COWE Ms. Uma Gurkha and others graced the inaugural.

The exhibition with 150 stalls put up by PSUs, MSMEs, Financial institutions and other promotional agencies will provide an opportunity to Micro, Small and Medium Enterprises to showcase their capabilities to PSUs and other large industries that outsource products and services to MSMEs. It will serve as a forum for the buyers and sellers to interact with each other for establishing business and fostering long-term relationships for supply of required material and a platform for PSUs to identify vendors, thus promoting market avenues for MSMEs. A seminar will also be organised during the event wherein participants will be enlightened on Vendor Registration procedures, Procurement Policies of PSUs and Government agencies, Requirements of PSUs, Role of facilitating agencies, etc.

The participants in this program include All Micro, Small, Medium Manufacturing Sectors /Service Providers; Raw Materials Suppliers; Heat Treatment Furnace manufacturers; Packaging machine and machine suppliers; Technology Providers & Consultants; Importers & Exporters; State Government Departments and Undertakings; R & D institutions and Financial Institutions and Tool Rooms & Testing Laboratories

The objective of this program is to Identify and explore the business opportunities in the highly competitive era, build strong business linkages to fulfill the heightened quest for cost efficiencies, promote networking among the industrialists, traders, large, medium enterprises and PSUs and show case the strength and core competencies of MSMEs. This two-day event will provide a common platform for MSMES, large and medium scale sectors for a live interaction to understand their requirements, and facilitate in establishing business linkages, informed Ms. P. Soudhamini, President of Confederation of Women Entrepreneurs (COWE). COWE has invited several women Industrialists, manufacturers, service providers, consultants, facilitators and distributors to showcase their products and utilize the opportunity, she added.

The Government of India is committed to provide market support to the MSME sector by way of promoting MSMEs to become the Vendors of Railway, Defence, Public Sector Undertaking, and Government Departments etc. The National Vendor Programme is a platform for matchmaking of MSMEs and PSUs, Govt. Department for mutual business development.

Vendors who are participating 11 include The Singereni Collieries Co. Ltd, NTPC Limited, HMT Limited, Nuclear Fuel Complex, Hindustan Lever Limited, APSRTC, Bharat Heavy Electricals Ltd., South Central Railway, Hindustan Machine Tools, Electronics Corporation of India Limited, AP GENCO, Bharat Heavy Plate & Vessels LTD, Hyderabad Industries Ltd, Bharat Earth Movers Limited (BEML), Hindustan Aeronautics Limited, Defence Metallurgical Research Laboratory (DMRL), National Mineral Development Corporation, etc. Financial institutions such as SBI, SBH, Andhra Bank, PNB, Andhra Pradesh State Financial Corporation (APSFC), Canara Bank, Bank of Baroda and Small Industries Development Bank of India (SIDBI) are also supporting the event. The programme includes exhibition of the products and services of MSMEs having ambition to outsource their products to the PSUs, State Governments etc. followed by the concurrent Buyers Sellers meet, Vendor Registration, etc.