MSMEs showcase ‘Make in India’ products at 10th MSME Expo

| Updated: 26 August, 2024 7:15 pm IST

NEW DELHI – The 10th India International Trade Fair and MSME Expo, held from August 22 to August 24 at Pragati Maidan, provided a significant platform for small and medium enterprises (SMEs) to showcase their ‘Make in India’ products. The event highlighted the innovation and entrepreneurial spirit of Indian businesses, contributing to the national vision of self-reliance.

Vinod Rajpal, Founder of Shubham Lifts Private Limited, a Delhi-based company, expressed his pride in contributing to the ‘Make in India’ initiative. “Our elevators are predominantly Made in India, with 60% of the components manufactured domestically and 40% imported from European countries. This expo has given us a great opportunity to showcase our products, which we hope will drive increased sales,” Rajpal said in a conversation with The New Indian.

The expo also featured a wide range of handmade products. Among them, Artylogs, a Delhi-based enterprise, drew attention with its unique home decor and beauty products crafted from ceramic powder. Upma Bassi, a representative of Artylogs, shared her optimism about the expo’s potential impact. “We are a small team of 7-8 people, and we believe that this MSME expo will significantly boost our sales,” Bassi said.

Japanese, Indian made Pick-and-Place Robot. Photo by: Tejasvi Pandey

Another noteworthy participant was AV Automation, a Gurugram-based industrial automation solutions provider. The company showcased a high-capacity pick-and-place robot capable of lifting weights ranging from 7 kg to 1,000 kg. Bhusan Diwan, the Founder of AV Automation, emphasized the mixed nature of their solution. “While the robots themselves are imported from the Japanese company Nachi, the integrated parts are manufactured in India. This aligns with the ‘Make in India’ initiative,” Diwan explained.

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India’s first automated website for GST refunds, ‘My GST Refund,’ also made its debut at the expo. “To avail of the service, users just have to enter their GST number after signing up to determine their eligibility for a refund. Big companies like SleepyOwl, Honda, and Bombay Savings are also using our service,” said Rishi Raj, the Chief Marketing Head of My GST Refund. “We aim to assist MSMEs by consulting them on GST refunds,” he added.

The expo provided valuable insights into government schemes supporting MSMEs, aligning with the ‘Make in India’ initiative. The event underscored the crucial role of MSMEs in the Indian economy, showcasing their contributions to innovation, employment, and economic growth.

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