'Exploring new markets, collaboration hold key for MSMEs' growth path'

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Signs of economic recovery, says IT and Industries Principal Secretary
Making effective use of digitalisation, exploring new domestic and export market and collaboration among themselves would hold the key to sustainable growth for MSMEs post COVID-19, Principal Secretary IT and Industries Jayesh Ranjan has said.

Speaking at a conference on "empowering MSMEs and bringing the growth back amidst the changing trade dynamics" organised by the Confederation of Indian Industry (CII) here on Saturday he stated that there were evident signs of economic recovery with the way the manufacturing sector was rebounding and the GST collection was increasing. There was a definite opportunity for MSME sector to start riding on this economic revival, he noted.

"This unprecedented scenario requires coordinated and genuine effort from within the sector to overcome supply chain challenges, although there are solutions available. But, the…
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