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 President of India Launches ODR Portal on MSME Day 2025 to Resolve Payment Disputes Msme News Tamil Nadu Budget 2025: ₹1,918 Crore Allocated to Boost MSME Growth Msme News Akme Fintrade Partners With MAS Financial for Streamlined MSME Financing Msme News India’s Electronics Component Scheme Attracts $13 Billion, MSMEs Emerging as Key Players Msme News India-Israel Investment Pact: Quietly Keeping IMEC Alive Amid Uncertainty Msme News Mudra Yojana has turned several dreams into reality: PM Modi on 10 years of PM Mudra Yojana Msme News Indian Bank Reports ₹700 Crore Profit from Priority Sector Lending Certificates Msme News Digital Push Empowers SC/ST Entrepreneurs: Over 59,000 MSMEs Onboarded on GeM Msme News Finance Ministry Directs PSBs to Pilot New Credit Assessment Model for MSMEs Msme News MSMEs Encouraged to Apply for ZED Certification: A Guide to the Process
Be the first to comment