Activities Round Up

Date : 11 Apr to 11 Apr 2014
Place : New Delhi
Organised by : FISME

Dr. D Gandhikumar re-elected as FISME President

 
Dr. D Gandhikumar, was re-elected as President of the Federation of Indian Micro and Small & Medium Enterprises (FISME) at the meeting of Central Executive Committee here.
 
Gandhikumar, the promoter of the Coimbatore based Gandhikumar Foundry has been re-elected for another year at a time when the MSME sector is going through one of the most difficult periods with the manufacturing sector at a nine month low and several of the sectors reporting as much de-growth as over 40 per cent as per the official data for February.

“We hope the new government will be more active on manufacturing and revive the economy for the sake of employment generation and promotion of the entrepreneurship,” Gandhikumar, 59, said, after being chosen again to head the apex body of the MSME sector.
 
He said FISME would closely work with the new government at the Centre and see that the working environment for the MSMEs is improved.  “A major breakthrough is required to bring down the raw material cost as also to overcome the problems of power shortages in several parts of the country.  The industry has to be made competitive both in the domestic market and exports,” he said.