MSME for Bharat: A hub for grain and cotton trade, strong connectivity has transformed Rohtak into a hub of industrial activity.
Micro, Small, and Medium Enterprises (MSMEs) are considered the backbone of growth in the Indian economy. This sector not only employs millions of people but also plays a major role in fostering innovation and accelerating local and regional development. Amar Ujala is organizing the "MSME for Bharat Conclave" to discuss these opportunities and challenges.
MSME for Bharat Conclave Information
The MSME for Bharat Conclave in Rohtak will be held on September 18th from 11 a.m. to 2 p.m. The venue is Radhakrishnan Auditorium, Maharishi Dayanand University. Several prominent figures from the industry, trade, and development sectors will attend the event. The chief guest will be Mr. Rajesh Nagar, Minister of Food and Supplies, Government of Haryana.
Objective of the Conclave
Experts will share their views on key topics such as digital transformation, easy access to finance, supply chain modernization, export expansion, skill development, and policy reforms. Additionally, new funding options, modern branding and marketing techniques, and practical uses of Artificial Intelligence (AI) will be highlighted.
The conclave will specifically emphasize promoting women's participation, connecting MSMEs to international markets, and providing global recognition to local products through the One District One Product (ODOP) scheme.
Experts believe that such events will prove crucial in connecting the MSME sector with new technology and financial opportunities, preparing them for global competition, and shaping future strategies. This conclave will be a unique opportunity for entrepreneurs across the country, including Rohtak, where industry and business leaders will share their experiences and suggestions.
Let's learn about the importance of the MSME sector in Rohtak, Haryana, to the national economy.
The Specialty of Rohtak's Light Industry
Rohtak in Haryana is known as a major grain and cotton trading center. Light industries are also active here, strengthening the local economy.
The city is located on the main Delhi-Ferozepur railway line, making it a vital link in the trade map of North India. Rohtak is also a major hub on the regional road network, offering easy access to Delhi, Bhiwani, Panipat, and other cities.
Due to its strong position on both trade and transportation fronts, Rohtak continues to be a hub of industrial and economic activity.
Industry Challenges
Industries here face several challenges. Increasing traffic and expensive logistics put pressure on infrastructure, while the grain and cotton trade remains volatile due to seasonality. Small and medium-sized enterprises face a lack of capital and affordable credit. Furthermore, competition from larger industrial hubs and a reliance on traditional technology are slowing the growth of local industries.
read more:- Cotton production to rise despite lower acreage and more rainfall
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