Nalco to provide hand-holding support to MSME vendors

Navratna PSU N alco is ready to provide hand-holding support to its regular MSME vendors who ensure quality and timely delivery of products, the aluminium major's CMD T K Chand said.

As a responsible large-scale industry, Nalco shall make efforts to publicise select MSME brands, along with its own brand image publicity, he added.

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Chand was addressing the inaugural ceremony of MSME-Expo Odisha 2016 in Cuttack yesterday. The Expo, along with a 3-day National Level Vendor Development Programme, is being held at Killa Maidan, Cuttack.

Addressing representatives of various industries, banks, small enterprises, start-ups, as well as officials of MSME departments of the state and Centre, Chand appreciated the micro, small and medium enterprises of Odisha for scoring better in terms of providing employment and returns-on-investment compared to the national average.

"MSMEs are the game changers of the day, driving growth and development," Chand said.

Reiterating Nalco's commitment towards the development of MSMEs of Odisha, Chand suggested to the state government to prepare a mobile application for MSMEs, which will address various issues faced by them and also provide information and updates on policy initiatives.

"While the state is geared up to promote ancillary industries, Nalco is setting up an Aluminium Park in Angul, in collaboration with IDCO to support downstream and upstream industries," Chand added.