New Delhi, May 10 (FN Bureau) Business leaders across sectors on Wednesday opined that the MSMEs, which contribute 33 percent to India’s GDP and 50 percent of the country’s exports, will have an important role to play to achieve the ‘Net Zero target’ envisioned by Prime Minister Narendra Modi. Business leaders including Global Master Trainer and District Director BNI India, Murali Srinivasan, MCCIA President Deepak Karandikar, PRAJ Vice President Dr Ravindra Utgikar, IT expert Shrikant Sarda, VIIT Director Dr Vivek Deshpande, recently took part in a panel discussion ‘ How MSMEs can sustain in today’s world ‘ to mark the 8th anniversary celebration of BNI-Pimpri Chinchwad at Lekha Farms in Ravet.
The session was moderated by Devanand Deshmukh, Executive Director, BNI Pimpri-Chinchwad. Dr Ravindra Utgikar said, “MSME contributes 33 percent of the Indian GDP and is a large source of employment generation. They also contribute 50 percent to the Exports. And hence if the Net Zero target, envisioned by Prime Minister Narendra Modi, the MSMEs will have a big and crucial role to play.” There are four elements in Net Zero, which include Energy Transition, Deforestation, Carbon Capture and Storage, Circular Economy. “As far as sustainability is concerned it is getting unprecedented importance in today’s world. The MSME are the backbone of the Indian economy and big corporates have got a big role to play to bring the MSME into the mainstream. Also, the MSME will need to demonstrate their uniqueness then only the big or large corporates can do business with them,” Utgikar said.
Deepak Karandikar said there are 6.7 crore MSME in India and that the MCCIA is working to get the MSMEs out of trouble, which they are facing. Murali Srinivasan gave the example of BNI saying it was an example before the MSMES on how to become sustainable as the organisation not only survived in the pandemic but its members increased. Shrikant Sarda emphasised on the use of technology saying it will give an advantage to the MSMEs while Dr Vivek Deshpande said that educational institutions can design specific courses to train the MSME staff.