Maharashtra is the first state to see the Hyperloop coming says Shri Rawal

The New Government in India and Maharashtra  have stopped red tapism and started offering red carpet under the  Ease of Doing Business and improved its rating said  Shri Jayakumar Rawal, Hon’ble Minister  of Employment Guarantee Scheme, Tourism,  Government of Maharashtra  while speaking  at the 7th Global Economic Summit on Global Value Chains Accelerating, SME Growth, Development and Sustainability  jointly organised by the All India Association of Industries (AIAI) and World Trade Centre, Mumbai

Shri Rawal further added that “The High Profile Magnetic Maharashtra witnessed signing of Memorandum of Understandings worth Rs 12 lakh crore. The world is a global village and this Summit of WTC Mumbai and AIAI is timely after Magnetic Maharashtra. I am very happy to see the response to the Summit. MSMEs and MSME clusters need support of Maharashtra government, which is doing a lot to improve infrastructure. The world thinks India is a place to manufacture. India is leading in artificial intelligence as well. CEOs of top global information technology companies are from India.

Shri. Rawal felicitated reputed companies such as Mumbai International Airport Ltd –GVK, PSA Advisors and start-up enterprise Neogrowth, Global Express Multilogistics, iLoanz, Thinkph, Imaginarium for their extraordinary contribution to value chain through logistics, finance, innovation and other services.

Shri. Rawal also inaugurated the Exhibition participated by the MSMEs, Cluster and Global Value Chain (GVC) connected industries. Shri. Rawal appreciated the products and various work done by the MSME sector in progress of the nation.

Shri. Prafulla Samal, Hon’ble Minister for Social Security & Empowerment of Persons with Disabilities, Women & Child Development & (Mission Shakti), Micro, Small & Medium Enterprises, Government of Odisha said, “Odisha Government has been working hard in the last two decades to convert its potential into tangible gains keeping in mind the sustainability as well as equity dimensions. In 2008, Odisha government introduced a dedicated policy for MSME sector mandating large industries to develop an MSME park over a certain percentage of land allocated to it. MSMEs in India have emerged as a competent sector and key contributor to the growth of the economy with 40% share in exports and 45% share in manufacturing. The State of Odisha has a strong MSME sector and a conducive environment for innovation and entrepreneurship.

Delivering the welcome address for the session, Shri. Kamal Morarka, Chairman, World Trade Centre Mumbai said,“In the next 10-15 years, Indian economy will witness tremendous growth. India is an excellent place to do business as the country has the advantage of demographic dividend, freedom of press, independent judiciary and policy continuity. Since the year 1991, India has had seven Prime Ministers. However, there is stability and predictability in government policy. I hope the 7th Global Economic Summit will generate useful business leads for the participating delegates and generate more investment in the country.”

 While proposing the vote of thanks Shri. Vijay Kalantri, President, All India Association of Industries (AIAI) and  Vice Chairman, World Trade Centre Mumbai said that the 3-day Summit includes intellectually stimulating panel sessions, case presentations, exhibition, B2B meetings, felicitation of outstanding business organizations, knowledge workshops and field visit. Shri Kalantri added that India has received highest foreign investment this year which exceeds $ 60 bn.

Mr. Kalantri further added that more than 100 overseas delegates from 28 countries and 280 delegates from India participated in this Global Conference.

Mr. Jayakumar Rawal, Hon’ble Minister, Employment Guarantee Scheme and Tourism Development, Government of Maharashtra being felicitated by Mr. Sharad Upasani, Vice Chairman, World Trade Centre, Mumbai.

From Left to Right: Looking on is Mr. Vijay Kalantri, President, All India Association of Industries, Mr. Prafulla Samal, Hon’ble Minister for Social Security & Empowerment of Persons with Disabilities, Women & Child Development & (Mission Shakti), Micro, Small & Medium Enterprises, Government of Odisha and Capt. Somesh Batra, Vice Chairman, World Trade Centre, Mumbai at the 3 day Global Economic Summit organised by All India Association of Industries and World Trade Centre, Mumbai.