In a bid to ensure that the Micro, Small and Medium Enterprises sector in the state continues to grow at a rapid pace, as witnessed following the enactment of the MSME Development Act in 2006, Gujarat has further initiated a host of proactive measures with the state government assuring full support and infrastructure for setting up MSMEs in Gujarat.
In order to further drive the growth in this sector, MSMEs will be a major focus area during the 8th edition of the Vibrant Gujarat Global Summit, to be held at the Mahatma Mandir in Gandhinagar from January 10 - 13, 2017.
In February this year, the Gujarat Government set up dedicated facilitation desks for MSMEs at Gandhinagar, Ahmedabad, Surat, Rajkot and Vadodara with the objective of providing complete support and guidance to investors and entrepreneurs. The state's Industrial Policy also favors setting up of MSMEs while offering a number of incentives.
From 4,131 MSME units registered in 2006-07 the number rose to 3,76,357 MSMEs by October 2015. Investment in the state's MSMEs has also seen almost a 9 fold increase between 2010-11 and 2015-16.
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