Indian Government Official Arun Kumar talks about attending IPEX and the state of printing in India
Published on July 8, 2010
Arun Kumar: Arun Kumar. I’m Director in the Ministry of, Micro Small and Medium Enterprises, Government of India. I am here on a delegation along with us offset printers of Delhi, Northern India you can say as well as from South India - they are here. I realize from South India they have come here to participate at this IPEX. The printing industry is growing very, very fast in India. After they introduction of **** which you may be aware of the printing industry will take a leap frog jump. Suddenly you can find that the per capita consumption of pulp and other paper and printing material we would be, you know, it would take a quantum jump in terms of you can compare the market, the domestic market itself. It’s quite large. As per the assessment - current assessment - the market in India is – Printing market in India is growing at 73%. But what I see in the future, that includes grow at a rate of not less than 100%. So India is going to become the second, once again, the next global target in the coming years.
Every printing industry, every big manufacturer, they will have to look upon to India for their market and the sky is the limit for them.
So I am here generally to promote the Indian Micro Small and Medium Enterprises, how to take advantage of this. This is –
Interviewer: Great, and what is a Micro and Small Medium Enterprise in India?
Arun Kumar: India is as per our definition in the plant and in most Indian industry is $2-$2.5 million is a medium industry, anybody below them, below that level of investment in their plant, $2-$2.5 million, they are in the category of MSM Micro, small and medium enterprises. And government of India is implementing many schemes to give them a level playing field so that they can compete with the large industries. As you are aware, that the micro, small and medium enterprises, they are the – one of the largest employment providers. So we work along with our industry associations like Mr. **** ****. And –
Interviewer: We spoke to you the other day.
Arun Kumar: So, he is a – they are our, you know, partner you can say, to them we try to promote our MSMB to the foreign markets.
Interviewer: And how do you do that through the Ministry?
Arun Kumar: Through the Ministry, what we do that we try to – we encourage them to participate in the foreign exhibits and trade fairs. We encourage them to take business delegation to foreign markets to study their markets for technology transfers, for business tie ups, and for that we give them some kind of financial assistance. It is very, very nominal, but it is a kind of incentive that we give.