Delhi MSMEs Visited by High-Level German Delegation from Friedrich Naumann Foundation October 25, 2024 MSME Sampark Msme News 0 A high-level German delegation visited micro, small, and medium enterprises (MSMEs) in Delhi, aiming to understand India’s vital MSME sector and its economic contributions. The delegation, led by Frank Müller-Rosentritt, Member of Parliament, Free Democratic Party, Germany, and Dr. Carsten Klein, Head of the Friedrich Naumann Foundation (FNF) South Asia Regional Office, also included Frank Hoffmann, Regional Project Manager, and Himanshu Chawla, Regional Communication and Program Manager. The FNF team expressed appreciation for the sector’s role in economic growth and employment, discussing ways for MSMEs to advance and promote sustainable growth. Their visit highlighted the potential for collaboration between Germany and India to support the sector’s development. Facilitated by the Foundation for MSME Clusters (FMC), a public trust established in 2005, the visit showcased FMC’s achievements in sustainability, including reducing 41,000 tonnes of CO₂ annually in foundry clusters, creating enterprises using 163,000 tonnes of foundry slag, and replacing 1,800 tonnes of unsustainable materials with bamboo. FNF has been a partner in these efforts, promoting resource efficiency in MSME clusters across India. Friedrich Naumann Foundation operates in over 60 countries, promoting economic freedom, human rights, urban governance, and digital transformation. Through this visit, the FNF team gained insights into India’s MSME sector and its role in the industrial landscape, exploring areas for future collaboration. Disclaimer: This article offers an overview of the German delegation’s visit to Delhi’s MSMEs. The information has been gathered from available sources and is intended for general informational purposes only. Popular Articles Msme News Andhra Pradesh Set to Launch MSME Digitisation Initiative Msme News New Safety Regulations for Machinery, Equipment to Impact MSMEs: GTRI Msme News MSMEs Secure ₹999 Crore from NSIC Venture Capital Fund by July 2024 Msme News Tamilnad Mercantile Bank (TMB) Focuses on MSME Growth, Partners with McKinsey for Strategy Development Msme News Ministry of MSME Hosts Seva Parv 2025: Virasat se Vikas in Varanasi Msme News NAFCUB Urges UCBs to Boost MSME Lending, Focus on Economic Growth Msme News Protectionist Measures on Steel Imports Will Hurt MSMEs: EEPC Msme News The ₹30 Lakh Crore Credit Gap: Why India’s MSMEs Still Can’t Get the Money They Need IPO News Northern Arc Capital IPO Allotment Likely on Sept 20: How to Check Status Online Msme News Fabindia Partners with Ministry of MSME to Empower India’s Traditional Artisans Under PM Vishwakarma Scheme
Be the first to comment