Bhubaneswar: The Odisha government will organise the Micro Small & Medium Enterprise (MSME) Trade Fair at IDCO Exhibition ground at Unit-III in the state capital from January 8.
This was decided in the state level preparatory committee meeting presided over by chief secretary GC Pati at the State Secretariat on Friday.
Considering the proposals tabled by MSME secretary Surendra Kumar, the chief secretary advised the department to actively involve various industry associations and showcase the marketing linkages for MSME products for the weeklong trade fair which will conclude on January 14.
Besides, Odisha Small Industries Corporation (OSIC), National Small Industries Corporation (NSIC), Utkalika and Bayanika were also advised to focus on showcasing the marketing and credit linkages for MSMEs. While the MSME department will have a separate hall for start-ups, innovators and incubation centres, companies producing pre-fabricated building and construction materials will also be provided stalls in the exhibition.
Chief Secretary has further advised to invite central institutions like Central Institute of Plastics Engineering and Technology (CIPET) and Central Tool Room and Training Centre (CTTC) to participate in the exhibition.
The meeting decided to focus on sectors like tourism, textile, handloom, handicraft agro-industries, food processing, marine products and renewable energy as the state has greater potential and strength in these sectors.
The Directorate of EPM will be the nodal agency for organization of the Trade fair.
It may be mentioned that MSME trade fair is being organised Odisha since 2013 as an annual event.
Talking to the media persons after the meeting, the MSME secretary said apart from proving a platform for MSME producers, this exhibition will invite business delegation from foreign countries through their embassies in India for popularization of Odisha products.
“Attempts will also be made to attract overseas entrepreneurs to invest in Odisha in the sectors like engineering, chemicals, metallurgical processing, marine processing, agriculture, tourism and textiles. The seminars and workshops will be conducted on credit flow, marketing support and technology upgradation etc,” Kumar added.
Buyers sellers meet will also be organized to facilitate the marketing of MSME products in the exhibition. The budget estimate for this trade fair has been around Rs 99 lakhs.
Available data show that the popularity of Odisha trade fair has increased over the years. In the year 2013 the total foot fall in the fair was around 1.40 lakhs which increased to 2.67 lakhs in 2014 and further to 2.50 lakhs in 2015.
Similarly, the business in terms of value generated has also constantly increased from Rs 20 crore in 2013 to Rs 30 crore in 2014 and Rs 80 crore in 2015.