FE Emerging Business Growth Workshops: Rajasthan’s top MSME voices gather in Jaipur to strategise future growth
FE Emerging Business Growth Workshops – Jaipur edition: The multi-city initiative, presented by Adobe, to support MSMEs with a platform for knowledge sharing, networking and collaboration in India’s regional business hubs kickstarted with the pink city of Jaipur on October 6. The half-day event, which had Tally Solutions as the Associate Partner, was packed with insightful panel discussions, masterclass, expert talk and more by the who’s who of Rajasthan’s MSME ecosystem involving 13 speakers from Rajasthan Financial Corporation, SIDBI, Laghu Udyog Bharati, Rajasthan Export Promotion Council, TiE Rajasthan, Rajasthan Chamber of Commerce & Industry, and others.
With nearly 14.5 lakh units registered with the MSME Ministry’s Udyam portal, which aims at formalising the unorganised segment of India Inc., Rajasthan has the fifth highest population of MSMEs eligible for various government benefits such as priority sector lending from banks. Within Rajasthan, Jaipur is the hub of MSMEs with over 3 lakh units.
The state is also the largest producer of blended fabric and wool in India and has the highest reserve of marble resources, limestone and sandstone in the country. In fact, in September 2022, the Rajasthan government launched its MSME Policy to set up 20,000 new MSMEs with a cumulative investment of Rs 10,000 crores and 1 lakh jobs.
Against this backdrop, the Jaipur workshop began with the Chief Guest Address by Balwant Singh Ligree, Executive Director, Rajasthan Financial Corporation (RFC). RFC, under the government of Rajasthan, aims to provide long-term financial support to the MSMEs in the state. The corporation also helps translate into practice the industrial policies and priorities of the central and the state
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