Cicu Celebrates International Msme Day With Focus On Growth And Support

Jun27,2024 | Anil Passi | Ludhiana


The CHAMBER OF INDUSTRIAL & COMMERCIAL UNDERTAKINGS, Ludhiana

(CICU) today hosted a special event to mark International MSME Day, highlighting

the vital role of micro, small, and medium-sized enterprises (MSMEs) in driving

economic growth, innovation, and job creation.

The event, held at CICU Focal Point Complex, brought together industry leaders,

policymakers, and financial institutions to discuss strategies for supporting MSMEs

and advancing the 2030 Agenda for Sustainable Development.

The keynote address was delivered by Ms. Ishita Thaman, Deputy Director of

MSME, Ludhiana, who emphasized the significant contribution of MSMEs to India's

GDP and highlighted the government's commitment to fostering their growth. The

Deputy Director provided valuable insights into various government schemes

designed to empower MSMEs, including CGTMSE.

CICU President, S. Upkar Singh Ahuja, welcomed the attendees and emphasized

the importance of collaboration between stakeholders to create a supportive

ecosystem for MSMEs. "MSMEs are the backbone of our economy, and their

success is crucial for overall economic prosperity," said Ahuja. "CICU is committed

to working with government agencies, financial institutions, and large companies to

provide MSMEs with the resources and support they need to thrive."

The event also featured a panel discussion on the challenges and opportunities

facing MSMEs in the current economic climate. Panelists included Mr. J. S. Bhogal,

Mr. Honey Sethi, Dr. S.B. Singh etc, who shared their perspectives on issues such

as access to finance, technology adoption, and market access.

The event concluded with a networking session, providing attendees with an

opportunity to connect with each other and explore potential collaborations.

**About CICU**

The CHAMBER OF INDUSTRIAL & COMMERCIAL UNDERTAKINGS, Ludhiana

(CICU) is a leading industry association representing the interests of businesses in

the Ludhiana region. CICU provides a platform for its members to engage in policy

advocacy, networking, and knowledge sharing. The event was attended by the

following industrialist:- Sh. Sarabjeet Singh Mann, Gautam Malhotra, Sh. S.B


Singh, Sh, Ram Lubhaya, Sh.Phumann Singh, Sh. Charanjeet Singh Vishkarma,

Sh. J.S Bedi,, Sh. Sanjay Dhiman, Sh. Ravinder Saini, Sh. O.P Bassi, Sh. Rudra

Gupta, Sh. Mandeep Singh, Sh. Gurwinder Singh, Sh, Jaspal Singh, Sh. Mahesh

Arora, Sh. Amit Sharma, Sh. J.K Sablok, Sh. Jeewan Kumar, Sh. Ganesh Gupta

and Sh. Madan Lal Goyal.

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