Home » Investment » 7th Global Economic Summit on Global Value Chains inaugurated

7th Global Economic Summit on Global Value Chains inaugurated

Integration of MSME sector with Global Value Chains requires the sector to focus more on innovation, be it product innovation or process innovation. For that to happen, steady supply of skilled human capital needs to be ensured to drive the experiments with new ideas. Besides to make the integration effective, availability of World Class infrastructure backed by State of Art logistic services is necessary said Sri L N Gupta, Additional Chief Secretary MSME while addressing the  inaugural session of 7th Global Economic Summit on Global Value Chains at the World Trade Centre, Mumbai today.

It is in this context, he added Govt of Odisha has setup Odisha Skill Development Authority (OSDA) with an aim to train 11 Lakh youths by 2019-20 and 8.5lakh youths have already been skilled. He said that Odisha has been promoting the brand “Skilled in Odisha” globally with an objective to provide outstanding skilled work force comparable to the best in the world.

He further added that promotions of Startups, Innovation and Entrepreneurship remain top priority of Govt of Odisha, for which Government of Odisha has also started Startup Odisha Initiative with the launch of Start-up Odisha Policy last year with a mission to support 1000 start ups and vision of emerging amongst top 3 startup hubs in the country. In last 10 months, 175 startups are registered under the initiative. Besides, 05 registered and 20 other incubators are working under the initiative. We have also launched a massive program of Entrepreneurship development both online and offline, he stated.

The GES 2018 organized by WTC, Mumbai which is being attended by representatives of more than 20 countries and more than 350 delegates. Mr Gupta informed the audience about the various innovative technological interventions introduced by State Govt to facilitate industrial promotions and investment in time bound, hassle free, paperless and transparent manner like GO-SWIFT, GO-SMILE, APPA, GO-PLUS and GO-CARE. He gave a call to the investors to visit Odisha during ensuing MSME International Trade Fair 2018 to be held during March 5th-10th, 2018 and 2nd Edition of Make in Odisha Conclave during November 11-15TH, 2018 and to explore business opportunities.

Thereafter, the Team Odisha led by Sri L N Gupta comprising of DEPM and representatives of World Trade Center, Bhubaneswar met the Ambassador of Poland, Representative of United Nations, ISRO, Minister Counselor Uganda High Commission ,Counselor  High Commission of Bhutan, Director General Trade Promotion of Cambodia , seeking their support in attracting investment and their participation in MSME International Trade Fair scheduled in March 2018 and the Make-in-Odisha Conclave to be held in November 2018.

About Indianindustry Media

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

IREDA invites bids for Rs. 4500 crore Solar PLI scheme

Indian Renewable Energy Development Agency Ltd. (IREDA), a PSU under the Ministry of New & ...

Revenue Deficit Grant of Rs. 9, 871 crore released to 17 States

The Department of Expenditure, Ministry of Finance on Tuesday released the 3rd monthly installment of Post ...

Guidelines issued for fast and efficient vaccination of Civil Aviation Community

Ministry of Civil Aviation (MoCA) has issued enabling guidelines to facilitate the vaccination program in ...

India to import 4,50,000 vials of Remdesivir

The Government of India has started importing the vital drug Remdesivir from other countries to ...

Finance Minister Smt. Nirmala Sitharaman assures industry of Government’s support; Industry should wait & watch to assess the situation

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman, here today urged the industry ...

India has witnessed tremendous growth of 727% for Wheat export and 132% for (Non-Basmati) Rice export during 2020-21

India has consistently maintained trade surplus in the agricultural products over the years. India’s agricultural ...

Exchange rate notification No. 40/2021 – Customs (N.T.)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 ...

Sanction for prosecution accorded in 366 cases in violation of CSR provisions

Whenever any violation of CSR provisions is reported, action against such non-compliant Companies are initiated ...

Bankrupt Companies after lockdown was imposed due to COVID-19 pandemic

As per information from Insolvency and Bankruptcy Board of India (IBBI), details for the period ...

POWERGRID Signs Agreement to Acquire 74% Stake in Jaiprakash Power Ventures Limited

Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSE under Ministry of Power, Government ...

WP2Social Auto Publish Powered By : XYZScripts.com