News


Kolhapur Can Benefit from Untapped Export Areas

Jun 19, 2018

World Trade Centre Mumbai organised its 2nd edition of World Trade Day Maharashtra in Kolhapur on the theme ‘Enhancing Export Opportunities for MSMEs’ in association with Maharashtra Industry Trade and Investment Facilitation Cell (MAITRI) and Saturday Club Global Trust at Residency Club, Kolhapur on June 19, 2018. It was part of the Centre’s week-long World Trade Day programme organised in different districts in Maharashtra.

Mr. S. D. Shelke, General Manager, District Industries Centre, Kolhapur said, “Kolhapur is the maximum beneficiary of the Government of Maharashtra’s incentives with 30 percent share. Registered MSME units grow at an annual rate of 15-20%, highest in the state, from 6,000 units in 2005, to 40,000 units, currently”.

Mr. Shelke pointed out that various clusters exists in textile and foundry sectors, while some under implementation in printing and cashew sectors and others proposed in leather, jaggery, silver and spices are developed under Government of India and Government of Maharashtra schemes.

Mr. Sudhir Gogate, Executive Director, Keihin Fie said that auto-component suppliers from Kolhapur cater to Mercedes and Volkswagen, demonstrating zero defects in their production process. He further suggested a shift from metal components to plastics and composites, as a result of changes in the global scenario.

Mr. Mukesh Samtani, Assistant Director, Engineering Export Promotion Council urged textile machinery manufacturers and engineering companies in Kolhapur to explore business opportunities in Columbia and Philippines. Columbia is the second largest market for India’s engineering goods in the Latin America. He invited engineering companies to participate in Bogota International Trade Show. India’s engineering export to Philippines has grown exponentially and invited Indian companies to participate in INDEE Philippines.

Mr. Sunny Garg, Manager, EXIM Bank said that Kolhapur has a huge untapped export potential of USD 18 billion in sugar and allied products, cotton fabric and other natural fabric, articles of iron and steel and machinery.

Mr. Nitin Deshpande, Regional Head, Bank of India advised MSME units to apply for bank credit through Udyog Mitra portal, under which banks sanction loan upto Rs 5 crore within 12 working days and loan above Rs 5 crore within 21 working days.

Top Photo

From (L-R): Mr. K. K. Birnale, Mr. Nitin Deshpande, Mr. Anil Velde, Mr. S. D. Shelke, Mr. Sudhir Gogate, Mr. Milind Patil, Mr. Mukesh Samtani and Mr. Pratap Singh, and Mr. Sunny Garg.

Below Photo

Mr. Sudhir Gogate addressing the audience.