Chandigarh, March 16 -- The Government of Punjab is planning to establish a dedicated agency, MSME Punjab, to strengthen and modernise the micro, small and medium enterprises sector in the state.
Punjab Industries Minister Sanjeev Arora said MSMEs contribute nearly 25-30 percent to Indias GDP and remain a key driver of industrial growth, reported The Times Of India.
Speaking at an MSME session during the Progressive Punjab Investors' Summit in Mohali, the minister noted that the state has a strong base of around 1.6 lakh MSME units.
The proposed MSME Punjab platform aims to create a dynamic and globally competitive ecosystem by improving access to finance, technology, markets and skills for enterprises.
Arora said the state governme...