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2-day summit on SMEs from tomorrow

Our Bureau

New Delhi , Nov. 21

IN the backdrop of the plethora of opportunities available to small and medium enterprises (SMEs) to expand operations on a global scale, CII and the Ministry of Small Scale Industries, Government of India, are organising a two-day Indian Global Summit on SMEs on November 23 and 24 at New Delhi.

The convention is aimed at bringing "SMEs across the world on one platform, foster collaborative initiatives and facilitate integration with the world economy," stated CII.

Many small firms in high-technology sectors and knowledge-based goods and services providers are rapidly becoming internationalised, particularly through strategic alliances with larger companies.

The participants include entrepreneurs, CEOs, planners and decision makers from governments, SME associations, financial institutions, consultants, academia, R&D agencies, senior bureaucrats, potential investors and over 150 overseas delegates from 35 countries, according to CII.

The summit will cover issues such as challenges and opportunities for SMEs in the global scenario.

The session on `Enabling policies' will explore the implications of Government interventions at the policy level, while looking at the best practices around the world and facilitate identification of critical gaps in policy interventions by the States to create a working public-private partnership.

The summit will be inaugurated by Mr Mahabir Prasad, Minister for Small Scale Industries, while Dr R. Chidambaram, Principal Scientific Adviser to the Government of India, will deliver a special address.

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