India’s Micro, Small and Medium Enterprises sector (the MSME sector), is a very significant contributor to the Indian economy. The sector comprises of 63 million MSMEs which contribute around 31% of country’s GDP, 45% of industrial output and 40% of exports of the country. The sector employs 113 million persons in the country which is one-fourth of the total employment and is the second largest employer next only to Agriculture. The Government of India, keeping in view the importance and the role played by the MSME sector, has created a very progressive ecosystem for the promotion and development of MSMEs. Various policy measures and initiatives have been taken to facilitate establishment of new MSMEs through schemes like Start-up India, Stand-up India, Skill India, Digital India and Make in India. PHD MSME Facilitation Centre of PHD Chamber is set up to achieve these goals and provide all kinds of services required by the MSMEs from time to time.
Mr. Sanjeev Agrawal, 55 years, Group Chairman, is one of the founder promoters of MMG Group other being his Late Father Shri M M Agrawal Ji He holds a Masters degree in Commerce from the Kanpur University and MBA Degree from Coca-Cola University, Atlanta, USA. He was instrumental in establishing the state-of the-art plant of carbonated soft drink under franchisee agreements with M/s Coca-Cola Inc, USA at Kanpur, Sahibabad, Greater Noida and Rourkela. He has been the brain behind establishing the group diversification and growth over the year. He has been instrumental in the group diversification by creating business interest for the group in areas like, Hospitality, Education, Oil & Gas (Service provider to ONGC), Food and Beverages.
Mr. Hemant Jain is Managing Director of KLJ Resources Ltd. He is also Vice Chairman in KLJ Organic Qatar W.L.L. Company, located in Qatar. KLJ Group has invested largest amount for set-up chemical complex in Qatar. Construction of the Plant is underway and once operational KLJ would become the largest producer of Chlorinated solvents in the World. He commands a high status in Indian Inc. as well as in Global business arena within a short span of 16 years. The company is primarily engaged in the activity of import of chemical products which are used for trading purposes in India as well as abroad.
As we all know that Micro, Small and Medium Enterprise (MSMEs) constitute over 90 percent of total enterprises in most of the economies .The sector is critical in meeting the national objectives of generating employment, reducing poverty, and discouraging rural-urban migration. MSMEs manufacture more than 6,000 products ranging from traditional to high tech items. These enterprises help to build a thriving entrepreneurial eco-system, in addition to promoting the use of indigenous technologies. Indian Micro Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. SMEs not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural areas. MSMEs account for about 45% of India’s manufacturing output. PHD MSME Facilitation Centre with all its expertise and information is a key initiative of PHD Chamber to render all kinds of services required by MSMEs. I hope the MSMEs would avail all the benefits of this Centre
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