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'Make in India' puts SMEs on the growth trajectory: MAIT

Government intervention for creating market for locally manufactured products could lead to the creation of exporting SMEs, said MAIT

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Soma Tah
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BANGALORE, INDIA: MAIT in association with the Ministry of Communication & Information Technology and Ministry of MSME organized “MAIT ICT SME Conclave – 2014” in Thiruvananthapuram last week. The Conclave aimed to create awareness among SMEs about the various initiatives, policies and schemes by the government.

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As per the estimates of Ministry of IT & Communications, the demand for IT hardware & electronics is expected to touch $400 billion by 2020 in India. With the current rate and base of domestic production, an expected $320 billion worth of IT Hardware & electronics is expected to be imported into India to cater to this burgeoning demand. It is a good opportunity for Indian manufacturers to participate in the Make in India campaign and join the mainstream IT Community in India.

Rahul Gupta, Chairman, SME Chapter, MAIT, said, “The government’s role in pushing the growth of the manufacturing sector and paving way for the growth of SMEs cannot be undermined. By opening doors for investment in the country to domestic and international players, it aims to further give a boost to economic growth. However, some concrete SME focused initiatives are still awaited. What is required, is the right mix of government intervention for creating  market for locally manufactured products and  freedom, which could lead to the creation of dynamic exporting SMEs.”

The Conclave witnessed participation from various government agencies and representatives from The Ministry of Communications & IT, MSME Development Institute, Trivandrum Chambers of Commerce & Industry, NSIC and others.

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Some of the issues discussed at the conclave are related to training of the manpower and skill development, funding procedures, setting up of electronic manufacturing clusters and various schemes for supporting SMEs in the sector.

Ajith S, Head – e Governance, Kerala IT Mission, “Our aim is to create a platform for SMEs and young entrepreneurs in Kerala to innovate, contribute to the development of our economy and expand their business in a dynamic market situation. SMEs are essential part of the government initiative to promote the use of IT in e-governance.”

MAIT is looking forward to work closely both with the Government and SME manufactures towards making India a manufacturing hub. It has also introduced a website catering to the various information needs of the SMEs. This portal would give the best opportunity for SMEs to showcase their solutions to a wide audience. It aims to create ample B2B opportunities within SMEs.