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The target of five trillion dollar economy would be achieved by Micro, Small and Medium Enterprises (MSME) and Small and Medium sized enterprises (SME), said Union Minister for MSME Nitin Gadkari at an event here on Friday.
"We will fulfill the dream of five trillion dollor economy of Prime Minister Narendra Modi by MSME and SM," said Gadkari during the 6th India International MSME Expo.
The MSME sector has created around 11 crore jobs so far, he added.
The Minister also said that MSME is working on creating an e-portal called Bharat Craft which would be similar to e-portal such as Amazon and Alibaba.
"We have also created a website called Samadhaan where entrepreneurs can raise his/her problems. By this website (Samadhaan) we have received approx 40,000 problems so far," he added.
Gadkari also focused on how to produce CNG from waste water, Khadhi Gram Udyog and many more small businesses. They have also talked about Medical Devices park in Visakhapattanam.
The objective of the three-day event is to provide opportunity to various exhibitors to showcase their skills and to also give opportunity to visitors to find new business opportunities. It will also focus on various challenges being faced by small as well as medium entrepreneurs via different sessions.
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