CII Trichy Zone Hosts MSME District Connect Event in Pudukottai
The Confederation of Indian Industry (CII) Trichy zone organized a significant MSME district connect event in Pudukottai on Thursday. This gathering served as a comprehensive platform to raise awareness about the Zero Defect, Zero Effect (ZED) certification and various government support schemes designed to bolster micro, small, and medium enterprises (MSMEs).
Substantial Financial Support Highlighted
During the event, a key revelation was made regarding the Pradhan Mantri MUDRA Yojana. It was disclosed that loans amounting to a staggering ₹1,200 crore have been disbursed within the Pudukottai district alone since the scheme's inception in 2015. Organizers emphasized that this substantial figure underscores the robust financial backing readily available to support and empower local businesses in the region.
Focus on Ecosystem Strengthening and Quality
The primary objective of the event was to fortify the MSME ecosystem across nearby districts. This was to be achieved through enhanced professional networking and strategies for scaling existing businesses. Participants received detailed advice on improving manufacturing quality by adopting the ZED framework. They were also strongly encouraged to utilize the government's digital registration portals to access significant credit facilities, which are crucial for business expansion and growth.
Leadership Insights and Strategic Discussions
"The objective was to provide a comprehensive knowledge-sharing platform and bring together industrial leaders, government officials, and entrepreneurs to discuss quality standards, financial assistance, and regional industrial growth," stated Ajay Jayaraj, Chairman of the CII Trichy zone.
Further elaborating on the event's goals, Sundaram, Convenor of the districts' impact panel for Pudukottai, explained the critical need for developing a cohesive regional industrial ecosystem. He detailed the instrumental role played by CII in facilitating business scaling and fostering professional networking among stakeholders.
Emphasis on Operational Efficiency
The event also placed a strong emphasis on modern operational methodologies. The significance of implementing lean manufacturing principles and the 5S methodology was thoroughly explained to attendees. These approaches are vital for enhancing operational efficiency, reducing waste, and improving overall productivity within MSMEs, thereby making them more competitive in the market.