UP Has the Highest Number of MSME Units: CM Yogi
Chief Minister Yogi Adityanath, while inaugurating the second edition of the UP International Trade Show, stated that Uttar Pradesh has the highest number of Micro, Small, and Medium Enterprises (MSME) units in the country. He emphasized that the state is a leader in the development of MSMEs and has emerged as a significant contributor to India's economic growth.
The UP International Trade Show is being held at the India Expo Center in Greater Noida. CM Yogi, along with MSME Minister Rakesh Sachan, attended the event. Yogi Adityanath mentioned that this trade show provides an excellent platform for the state’s entrepreneurs to showcase their products to a global audience. The trade show features more than 75 products with Geographical Indication (GI) tags, making it a unique opportunity for visitors to experience the rich heritage of UP’s diverse industries.
Opportunities for Everyone:
Addressing the gathering, CM Yogi stated, "This trade show is not just an exhibition but an opportunity for all entrepreneurs—big or small—to display their products and interact with potential buyers. The event is designed to promote business, enhance skill development, and encourage cultural exchange."
Yogi Adityanath also inaugurated several initiatives aimed at supporting the growth of MSMEs in the state. He pointed out that the government has introduced several schemes to benefit small and medium enterprises, including subsidies, loans, and training programs.
Significant Achievements:
- 75 GI Tagged Products: The trade show features more than 75 products with Geographical Indication tags, representing the cultural and industrial heritage of Uttar Pradesh. This includes products from various districts, which are showcased under the state’s flagship One District, One Product (ODOP) scheme.
- MSME Dominance: Uttar Pradesh ranks highest in the country in terms of the number of MSME units, providing employment to millions of people.
- Focus on Inclusive Growth: The state government is committed to ensuring the inclusive growth of all sectors and regions, supporting artisans and small manufacturers.
Boost to Industrial Growth:
The CM highlighted that in the last six years, the number of MSME units in the state has increased significantly, driven by favourable policies and support from the state government. Yogi Adityanath stated that such initiatives have made Uttar Pradesh a favoured destination for industrial investments, attracting domestic and international investors alike.
With over 40,000 MSME units participating in this trade show, the event has set a new benchmark for business interactions and trade opportunities. The focus on products with GI tags underlines the state’s emphasis on promoting traditional industries and handicrafts.
The chief minister also mentioned the successful implementation of the ODOP scheme, which has provided recognition and economic benefits to traditional artisans. The presence of MSME units from various sectors, including textiles, handicrafts, food processing, and engineering, demonstrates the diverse industrial landscape of Uttar Pradesh.
Global Attention:
The trade show is expected to draw significant international interest, with delegates and buyers from various countries attending. This will open up new markets for UP’s products and further strengthen the state's position as an industrial hub.
In his concluding remarks, CM Yogi expressed hope that the UP International Trade Show will become an annual event, providing consistent support to the state’s economic and industrial growth.
