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It was a power packed session at Day 1 of International Women’s Entrepreneurial Challenge Foundation, IWEC 2019, organised by FICCI Ladies Organisation (FLO) , when the Hon’ble Minister Shri Nitin Gadkari came to address over 250 women entrepreneurs from 20 countries.
In his address, Shri Gadkari mentioned that MSME contributes to 49% of India’s total export and explained how the Government is using technology and innovations to boost the rural agricultural and tribal sectors of India through new technologies and innovations. He gave simple examples of honey and oranges being used in various products, which has resulted in the increased production and market value of these products. The government is working on backward integration to develop rural industry and create employment. At the same time, the innovations and skill development in the MSME industry in metros and big cities is being done with the collaboration of German government to make the Indian products more competitive in the International market.
He emphasised that the international companies should look at India for setting up their manufacturing base as it will reduce their cost of manufacturing by 25% to 40% while ensuring the quality and the latest technology.
To boost the morale of women entrepreneurs in India, he announced to launch a book and website of 100 successful women entrepreneurs with FLO to show the path and encourage thousands of women willing to become entrepreneurs. Harjinder Kaur Talwar, President FLO appreciated the Government’s initiatives to boost the MSME sector and especially women entrepreneurs. She further stated that women entrepreneurs in India are not looking for reservations, rather opportunities as they are all capable enough to prove themselves.
Joining her sentiment, Ibukun Awosika, President, IWEC Foundation, said, despite enough news about India’s bad weather, the women entrepreneurs showed their faith in India as well as IWEC and came in large numbers.
The mood was upbeat as women entrepreneurs from across the globe are looking at India for opportunities and growth.
