FASII to host Business Accelerator Summit in Kolkata

The summit will be inaugurated by former President Pranab Mukherjee on July 24.

FASII Patron-in-Chief, General V K Singh, Minister of State for External Affairs, Sadhan Pande, Minister of Consumer Affairs and Self-Help Group and Self Employment, Government of West Bengal, would also be present at the summit.

FASII would confer awards on successful MSME entrepreneurs at the summit.

The Business Accelerator Summit is a run-up to the two-day SYNERGY Conclave to be organized by the West Bengal Government between Aug 20 and 21 at the Biswa Bangla Convention Centre, Newtown, Kolkata.

Jahar Chandra Chandra, Regional Chairman, FASII said: “The focus of FASII Business Accelerator Summit, with special emphasis on Micro, Small and Medium Enterprises (MSME) roadmap for INDIA NEXT, is to highlight the difficulties faced by Micro and Small Enterprises in terms of Finance, including delayed payment, Reduction of purchase order to MSEs, Export Bottlenecks, Dearth of proper Research & Development for Technology Upgrade and other related issues.

"The primary objective is to assist the MSME sector unlock its growth potential fully."

FASII will take an initiative to articulate some of the vexed issues like bank credit, delayed payment, reduction of purchase orders, export bottlenecks, dearth of R&D for technology upgrade and so on that are plaguing the growth of MSMEs in the country.

Chiranjib Ghosh, Chairman, West Bengal Chapter, FASII said: “FASII Eastern Region would be pro-active in the coming days to espouse the cause of micro and small industries in the region and work in collaboration with other bodies to unlock the tremendous growth potential of this sector.

"FASII would help the sector embrace digital technology tools and also leverage the advantages of social media. FASII is gearing up to create an effective Business Builder System for growth through seminars, talks shows, events, planning App-based services for the members."