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Key Points

Delhi Assembly Speaker Vijender Gupta emphasized MSMEs as key drivers of India's export growth, targeting a 70% share. He linked their expansion to PM Modi's "Local to Global" vision during an international summit. The event explored AI, digital adoption, and global market access for small businesses. Gupta urged entrepreneurs to innovate and integrate into global supply chains for economic transformation.

Key Points: Delhi Speaker Vijender Gupta Pushes MSMEs to Boost India's Global Exports

  • MSMEs contribute 45% of India's exports with potential to reach 70%
  • Summit focused on AI, digital adoption, and global competitiveness
  • Gupta links MSME growth to PM Modi's "Local to Global" vision
  • Event drew trade reps from 20+ nations including US and UAE
2 min read

Delhi Assembly Speaker Vijender Gupta calls for promoting MSMEs

Delhi Assembly Speaker Vijender Gupta highlights MSMEs' role in India's exports, urging innovation and global partnerships to elevate their share to 70%.

"The strength of India does not rest only in its large industries, but in the countless small dreams that millions of MSME entrepreneurs are fulfilling every day. – Vijender Gupta"

New Delhi, Aug 18

Delhi Assembly Speaker Vijender Gupta said on Monday that MSMEs contribute nearly 45 per cent of India’s total exports, and with the right policy framework, global partnerships and innovation, this share can rise to 60-70 per cent.

Delivering the keynote address as Chief Guest at an MSME summit organised by industry bodies along with the Services Export Promotion Council (SEPC), he said the growth of such enterprises is the path that will lead India towards becoming an economic superpower.

The theme of the summit — ‘Empowering MSMEs, Connecting Globally’— set the stage for deliberations on Artificial Intelligence and digital adoption in MSMEs, export strategies, women and youth entrepreneurship, and international competitiveness.

Gupta said the summit embodies Prime Minister Narendra Modi’s call of “Local to Global”, describing it as “not just a slogan but the manifesto of India’s economic revolution.”

With participation from trade representatives of over 20 countries — including the US, UK, Russia, and the UAE — the summit provides a platform for Indian entrepreneurs to access new markets, adopt advanced technologies, and expand their global footprint.

“The strength of India does not rest only in its large industries, but in the countless small dreams that millions of MSME entrepreneurs are fulfilling every day. These small dreams are together showing India the path towards becoming a developed nation,” said Gupta.

He called upon entrepreneurs to move beyond “Make in India” towards “Made for the World”, a vision inspired by PM Modi, stressing that innovation, quality enhancement, and integration with global supply chains are key to achieving this goal.

He also urged women and youth to seize the opportunities being created through government policies, international collaborations, and platforms such as this summit.

“Let us collectively pledge to empower India’s MSMEs to emerge as global leaders in trade and innovation,” he said.

“By harnessing our entrepreneurial spirit, technological advancement, and cultural strengths, we can transform our economy into not merely a self-reliant one but a dynamic force that drives inclusive growth,” he said.

The summit was attended by diplomats, visionary business leaders, leading industrialists, renowned scholars, and dynamic entrepreneurs from across the globe.

- IANS

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Reader Comments

P
Priya S
As a woman entrepreneur running a handicraft export business, I'm excited about the focus on women entrepreneurship. But ground reality is different - banks still hesitate to give us loans without male guarantors. Policy implementation needs work!
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Rohit P
"Made for the World" is a great vision but first we need to fix basic infrastructure issues. My MSME in Faridabad faces 6-8 hour power cuts daily. How can we compete globally like this? Government needs to walk the talk.
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Sarah B
Working with Indian MSMEs as a UK trade consultant. The craftsmanship and innovation is world-class! But documentation and compliance standards need improvement to match international expectations. This summit is a step in right direction 👍
V
Vikram M
Instead of just summits, government should create more incubation centers in tier 2/3 cities. Youth like me from smaller towns have ideas but no guidance or funding. "Local to Global" should start with empowering local talent first!
K
Kavya N
Digital adoption is crucial! During lockdown, my mom's small saree business survived only because we moved online. But most traditional MSME owners don't know how to use tech. Need simple training programs in regional languages.
M
Michael C
As someone who sources from Indian MSMEs for my retail

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