CII-BCG report on M&E pegs the contribution of the sector at 2.8 percent of GDP and job creation potential at 7 - 8 lakhs in the next five years.
The state government’s initiative to give topmost priority and thrust for facilitating and coordinating the growth and development of the MSMEs help in creating business opportunities
“You will see the death of physical banks, because the costs will be so enormous”
Greater digitization of manufacturing means that future manufacturing will be smart, safe and integrated. Indian companies should access global markets for better performance, he added.