New Delhi, Oct. 13 -- India's micro, small and medium enterprises (MSMEs) must strengthen collaboration with the government and industry to capitalise on opportunities emerging from global economic shifts, said Shreekant Somany, Chairman and Managing Director of Somany Ceramics Ltd, adding, global headwinds are "both an opportunity and a challenge."

Speaking to ANI on the sidelines of the CII Global MSME Business Summit, Somany said that the Confederation of Indian Industry (CII) has been regularly providing inputs to the government on the needs and challenges of the MSME sector.

He stressed, "There is a need for MSMEs and the government to work together-along with industries-to seize the opportunities arising from ongoing global change...