New Delhi: The Northern India Regional Conclave of the Institute of Cost Accountants of India (ICMAI) organised the Delhi MSME Conclave at the SCOPE Complex Auditorium, bringing together industry leaders, policymakers, banking institutions and practising professionals to discuss ways to strengthen India’s Micro, Small and Medium Enterprises (MSME) ecosystem.
The conclave was organised under the theme “Vocal for Local”, with discussions focusing on innovation, technology adoption, digitalisation, sustainability, market access and measures to support sustainable business growth.
Manoj Kumar Singh, Senior General Manager, The National Small Industries Corporation Ltd. (NSIC), participated in the conclave as a Special Guest and Panelist.
NSIC Highlights Support for MSME Development
During the conclave, Manoj Kumar Singh highlighted NSIC’s role in providing a range of support services aimed at strengthening MSMEs and helping them expand their businesses.
The organisation’s support areas include:
- Marketing support to help MSMEs access wider markets
- Technology assistance and technology adoption
- Credit facilitation for improving access to finance
- Digitisation and digital transformation
- Capacity building for enterprises
- Enterprise development services to support business growth
These initiatives are aimed at helping MSMEs improve their competitiveness and build stronger, more sustainable businesses.
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Delhi MSME Conclave Focuses on Technology and Innovation
The conclave focused on several key areas considered important for the future growth of India’s MSME sector.
Key Focus Areas
- Innovation and entrepreneurship
- Digitalisation of MSME operations
- Technology adoption
- Sustainable business practices
- Enhanced market access
- Capacity building and enterprise development
- Improved access to credit and financial support
The discussions highlighted the importance of adopting new technologies and digital tools to help MSMEs become more competitive in domestic as well as international markets.
Taking MSMEs From Local to Global
A key vision highlighted during the conclave was to support Indian MSMEs in moving “Local to Global.”
The discussions emphasised the need to strengthen the capabilities of MSMEs so they can access larger markets, adopt modern technologies and compete more effectively.
The approach also aligns with the broader vision of Atmanirbhar Bharat, with a focus on creating a more competitive, resilient and sustainable MSME sector.
Industry Leaders and Stakeholders Discuss MSME Growth
The Delhi MSME Conclave brought together representatives from different parts of the business and institutional ecosystem.
Industry leaders, policymakers, banking institutions and practising professionals participated in discussions on actionable measures for strengthening MSMEs.
The discussions focused on creating an enabling environment for sustainable business growth while improving access to technology, finance, markets and other essential support services.
About NSIC
The National Small Industries Corporation Ltd. (NSIC) is a Government of India enterprise under the Ministry of Micro, Small and Medium Enterprises (MSME). It works to support the growth and development of MSMEs by providing services related to marketing, technology, finance facilitation, digitalisation, capacity building and enterprise development.
