Photo Credit: PTI

Union Minister for MSMEs Nitin Gadkari has said that India is in a position to export sanitisers to the world since all sugar and ethanol factories have been encouraged to manufacture sanitisers. This has brought down the price of sanitisers from Rs 1,200 to Rs 160 per litre.

He also said that India was importing PPE kits from China until a few months ago. Today, Indian MSMEs are manufacturing 5,00,000 PPE kits everyday. He however said red tapism needs to be tackled in a big way for the country to progress. 

He was speaking at the launch of ‘MSME Transformation Task Force’ constituted by Ravi Venkatesan, Founder of Global Alliance for Mass Entrepreneurship (GAME) and chaired by Dr K.P Krishnan, former secretary, Government of India.

A report released on the occasion has made recommendations for the revival of the MSME sector which contributes almost 30 percent to India’s GDP and deploys an equally large amount of workforce. The Chief Ministers of Punjab, Karnataka, and Meghalaya were also present at the launch.

Speaking after releasing the report on the occasion of International MSME Day on June 27, Gadkari said, “We will win the war against coronavirus but it will take longer to win the economic war.”

Gadkari said, “Digitisation is very important for MSMEs,” adding that this sector is very important for the Indian economy. “They (MSMEs) contribute 48 percent to India’s total exports and have created around 11 crore jobs.”


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