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Public sector undertakings envisage greater MSME connect
The CII-Telangana organised a seminar on vendor development & procurement procedures with select defence organisations and public sector undertakings (PSUs) here on Wednesday.
Madhapur: The CII-Telangana organised a seminar on vendor development & procurement procedures with select defence organisations and public sector undertakings (PSUs) here on Wednesday.
Senior officials from ARCI & Research Centre Imarat, Bharat Dynamics Limited and Electronics Corporation of India Ltd shared details of their procurement procedures, vendor registration process, ongoing projects, assignments and opportunities for private partners, quality requirements and inspection procedures.
Delivering welcome address, Raminder Singh Soin, the convenor of Defence & Aerospace Panel & Managing Director of Resolute Electronics, mentioned that the MSME sector had emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades.
The defence procurement procedure (DPP) is industry-friendly, where the provisions clearly state goals like giving a boost to 'Make in India' initiative, enhancing the involvement of private sector, building indigenous design and development capabilities, promoting absorption of world class technologies, providing premium consideration to high quality products, promoting growth of the MSME sector, and reducing time lines across various stages of procurement, etc.
Soin thanked the PSUs RCI, Bharat Dynamics and ECIL for sharing their procurement procedures with the MSME organisation which will help boost their performance.
Amit Pathak, General Manager-India of Pratt & Whitney, in his special address noted that Hyderabad was the most happening city for defence and aerospace sector in the country. Around 50% of manpower which is engaged in India is from the MSME sector. Some handholding and policy reform would help the MSME sector flourish. In order to be competitive, MSMEs also need to maintain high quality products, he said.
Appreciating the various government schemes for MSMEs, Pathak said that there were a lot of opportunities for MSMEs under 'Make in India' initiative. MSMEs have to step-by-step match the requirements of PSUs.
Other speakers at the seminar included S Gopinath, Outstanding Scientist & Director for System Integration Directorate at RCI, M N Suresh, Executive Director of Bharat Dynamics Ltd, Utpal Sen, GM– SED & Marketing of ECIL, besides others. The daylong programme was attended by around 100 MSME units.
