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The Hindu
17-05-2025
- Business
- The Hindu
Karandlaje calls on woman, SC/ST entrepreneurs to use reservation
Union Minister of State for Labour and Employment, Micro, Small, and Medium Enterprises Shobha Karandlaje has called on female entrepreneurs and those from SC/ST communities to avail themselves of the 3% reservation in supply of spare parts to public sector undertakings (PSUs) of the Union government. Speaking at the inauguration of the four-day IMEX-Hubballi (Industrial Manufacturing Exhibition) organised by North Karnataka Small Scale Industries Association (NKSSIA) in Hubbali on Friday, Ms. Karandlaje said that PSUs were procuring 25% of spare parts from micro, small and medium enterprises (MSME) and the Union government had provided 3% reservation to female and SC/ST entrepreneurs. She however pointed out that the PSUs were not getting spare parts from female entrepreneurs at the expected level. 'As of now, only 1.5% of their demand was being supplied by female entrepreneurs. They should take note of it and focus on production of quality products and spare parts required for major industries,' she said. The Minister called on the entrepreneurs and industrialists from North Karnataka to register their industries in the Government e Market (GEM) portal as it would enable PSUs to place their purchase indent with respective industries. Ms. Karandlaje highlighted several of the measures taken by the Centre for supporting the MSME sector and said that 30% of the contribution to the GDP was from the sector. President of NKSSIA Girish Nalavadi emphasised the need for establishment of major industries in North Karnataka to facilitate the growth of the MSME sector in the region. He also urged the government for providing suitable land for holding industrial exhibitions. Inaugurating the industrial exhibition, Union Minister for Consumer Affairs, Food and Public Distribution Pralhad Joshi said that in the last 11 years the Centre had taken several measures to promote development of trade and commerce and industries. Because of these measures India had emerged as the fourth biggest economy in the world, he said. Mr. Joshi said that in the last one decade foreign direct investment to the tune of $667 billion had happened. 'Quality highways are being laid across the country and there is adequate power production. All infrastructure necessary for industrial development is being provided,' he said. In all, 272 stalls have been set up in the exhibition in which industries from Karnataka, Tamil Nadu, and Andhra Pradesh are participating.
Time of India
03-05-2025
- Business
- Time of India
IMEXHUBLI expo and Udyami Ratna award ceremony from May 16
Hubballi: The Industrial Manufacturing Exhibition ' IMEXHUBLI 2025 ' and Udyami Ratna award eventy will be held from May 16 to 19 at Kallur Layout, located behind the New Court in Hubballi . Tired of too many ads? go ad free now The North Karnataka Small Scale Industries Association (NKSSIA) is organising this event. Union minister Shobha Karandlaje will inaugurate the event, while Union minister Pralhad Joshi and industries minister MB Patil will be present. Speaking to reporters here on Friday, Girish Nalwadi, president of NKSSIA, said that IMEXHUBLI 2025 serves as an essential venue for business networking and industrial development in the manufacturing sector. This trade exhibition will display innovative machinery parts, industrial valves, pumps, and motors, alongside recent developments in maintenance and automation technologies. Participants will gain insights into state-of-the-art developments across sectors including iron and steel, oil and gas, pharmaceuticals, and food processing industries, fostering industrial partnerships and advancement, he added. Ramesh Patil, event chairman, said that the exhibition incorporates the National Vendor Development Programme, featuring prominent central PSUs and MNCs, creating valuable marketing prospects for enterprises. The event will also acknowledge the Industrial RAMP initiative, a govt of India programme, highlighting its industrial contributions. NKSSIA will present the Udyami Ratna 2024 awards, celebrating outstanding industrial achievements. Tired of too many ads? go ad free now Sixteen awards will recognise accomplishments across categories including micro, small, and medium enterprises, innovative industry performance, women industrialists, startup entrepreneurs, and physically challenged entrepreneurs. The lifetime Udyami Ratna 2024 award presentation is scheduled for May 17, he added.
