New Delhi, Sep 18 : Union Commerce and Industry Minister Piyush Goyal said on Wednesday that the future of India lies in the MSME sector and urged industries of the sector to demand the support of the government for development of clusters.
'It is in the MSME sector that the future of India lies and industries of the sector should demand the support of the Government in development of clusters near ports, availability of land in bulk, common effluent treatment plants and common testing facilities,' he said.
Goyal gave way the export awards of Chemical and Allied Products Export Promotion Council (CAPEXIL) at a function where Minister of State for Micro, Small and Medium Enterprises Pratap Chandra Sarangi was also present.
He urged the industry to engage with the world, grasp all available opportunities through free trade agreements but also protect the national interest, their business interests and above all that of the consumers.
The Minister said that in the chemicals and allied sectors, which has some of the oldest industries in the country, has much more potential than has been tapped and it is time that the entire sector should make a combined effort to take up new challenges, set higher goals and aspire for extraordinary results.
Goyal said though India’s exports of the chemicals and allied sectors amounted to 10 per cent of the global chemical market, it was time now to aspire to be the number one exporter of products from this sector.(UNI)