Chennai, October 2022: Dr. E Muthuraman from Tamil Nadu has been appointed as the new Chairman of the Micro Small and Medium Enterprises Promotion Council. Earlier, Dr. E Muthuraman was serving as the Council’s Vice Chairman. Due to his active contribution to the council now he has been appointed as the new Chairman of the Micro Small and Medium Enterprises Promotion Council. Former Chief Justice of India, K G Balakrishnan handed over the appointment letter to Dr.E.Muthuraman at New Delhi.
Madurai based Dr. E. Muthuraman is a Phd scholar from the renowned Wisdom University of America, who is involved in various welfare programs of the Central and State Governments. Appreciated by Union Minister Ramdas Atwale for his excellent work during the Covid pandemic, Dr. E Muthuraman has previously served as Director of State Warehouse, Telangana State, Advisory Committee Member of Food Corporation of India and Governing Council Member of Bureau of Indian Standards.
The Micro, Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. It contributes significantly in the economic and social development of the country by fostering entrepreneurship and generating largest employment opportunities at comparatively lower capital cost, next only to agriculture. MSMEs are complementary to large industries as ancillary units and this sector contributes significantly in the inclusive industrial development of the country. The MSMEs are widening their domain across sectors of the economy, producing diverse range of products and services to meet demands of domestic as well as global markets. The Council will be working in close association with the Ministry to assist the MSME units in their efforts.
The Council is committed to work for the development of SMEs from manufacturing, service sectors and allied industrial / business sectors and shall be integrating Micro, Small and Medium Enterprises, Banks, Financial Institutions, Policy makers, Young & Women entrepreneurs and Start–Ups to establish and enhance contacts for better business growth and expansion.
The Council shall not only be a voice of the MSME sector of India, but it also aims to handhold the MSMEs and help them explore business opportunities across the globe with the broader aim to project India as the top exporter in the World. The Council shall have under its banner not just MSMEs across India, but it shall have the support of all the State Small Industries Development Corporations (SSIDCS), with the aim to reach at the grass root level and the remotest MSME unit.