ENA MSME 2020-03-18 06:09:31 <p><strong>New Delhi, March 18 (KNN)</strong> Amidst declining exports due to worldwide fears of Corona pandemic, Government seems to be determined to give a push to exports through Micro, Small and Medium Enterprises (MSMEs). </p> <p>The Ministry of MSME has issued an Order constituting a Committee for regular deliberations and discussions regarding various issues and opportunities of bilateral/multilateral cooperation with other countries. The Committee shall meet every month. </p> <p>MSMEs contribute close to 40% to Indias total exports valuing US$ 330 Bn (2018-19).</p> <p>Union MSME Minister Nitin Gadkari is aggressively pushing for identification of new exportable products in the MSME sector and relevant export markets for them.</p> <p>Ministry of MSME supports MSMEs for market access in select markets. </p> <p>The Committee is to look into identification of right trade fairs and market access tools to enter into focused markets. </p> <p>Apart fr0m reviewing export promotion policies, it is also expected to deliberate on issues such as non-tariff measures, logistics and e-commerce. </p> <p>Besides their traditional strong holds in sectors such as textiles and garments, leather and gems and jewellery, MSMEs are significant players in auto-components and light engineering, drugs and pharma. </p> <p>The committee members include major trade bodies like FICCI, PHDCCI, FISME, FIEO, export promotion councils and NSIC.</p> 24711 https://knnindia.co.in/news/newsdetails/msme/msme-ministry-constitutes-committee-on-international-cooperation 2020-03-18 06:09:31 knnindia.co.in