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Indian Textile Journal
Home » Focus on MSME vital
Industry Update

Focus on MSME vital

By April 1, 20151 Min Read
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The new government is on the right path with ´Make in India´, but I just hope that the idea is carried forward with concrete steps in the upcoming budget. The budget should boost the domestic SME´s and encourage their growth. MSME´s account for nearly 45 per cent of the national GDP, and that figure can increase significantly with the right changes. Basic infrastructure facilities being put in place, emphasis on advanced technology and ease of financial opportunities are the key points that the budget must address. Another important facet will be the swift and effective implementation of the GST. All in all it is an exciting budget, which I hope will concentrate first and foremost on the real economic India ´ the MSMEs in India´s towns and villages.´

– Lubeina Shahpurwala, Co-Director, Mustang

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