Latest News

Central PSUs should hold regular meetings with MSMEs: Official

PSU Watch Bureau

New Delhi: Central Public Sector Undertakings (CPSUs) should conduct meetings regularly for the micro, small and medium enterprises to make the procurement process simpler for local enterprises, an official said.

The plant-level advisory committee (PLAC) meetings will enable the enterprises to understand the specific requirements of big industrial houses, PK Gupta, Director of the MSME Development and Facilitation Office, Cuttack said on Friday.

The traders can prepare products that are suitable to the big firms and it would increase the chances for getting orders, Gupta said at a seminar in Bhubaneswar on a public procurement policy for the MSMEs and the role of the CPSUs.

"If a meeting is held at regular intervals, entrepreneurs will get a chance to interact with decision-makers and can understand specific requirements of the organisation," he said.

Gupta urged the CPSUs to organise the PLAC meetings as early as possible.

The seminar is a part of the Propack Odisha, which is being organised by the Odisha Association of Small and Medium Enterprises at the Janata Maidan.

More than 40 industries from the packaging and food processing sector are participating in the four-day expo. Over 100 SMEs from across Odisha are also taking part in the exhibition.

The expo aims to showcase new business and networking opportunities to the state MSMEs and support the creation of new markets and business channels for exhibitors.

(With PTI inputs)

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

BSNL employees seek 4G network sharing with VI to curb customer exodus

SCOPE promotes overall wellbeing with Health Talk cum Health Screening Camp

Indian Overseas Bank announces e-auction for Rs 13,471.68 crore NPA portfolio

Jio, Airtel, Vodafone Idea to participate in Rs 96,317 crore spectrum auction

FPSB India, IFSCA sign pact to promote GIFT IFSC as 'Global Finance Hub'