Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • Blockbuster Movie ” Love You Loktantra” to release soon with a star studded star cast! Entertainment
  • ELCINA Announces 12th SOURCE INDIA Summit To Create a Robust Buyer-Seller Roadmap for the Manufacturing Enterprises Business
  • Alliance Chairman Subhash Dawar of Surat Receives ‘Excellence in Business Leadership’ Award Lifestyle
  • I was initially daunted with the prospect of acting but started to understand the nuts and bolts of the crafts- Says Former Miss India International Ayeesha S Aiman Entertainment
  • PallyCon, a Multi DRM and Forensic Watermarking Service for OTT apps, Adds App Security to its digital arsenal Business
  • The Impact of Turnover on Business Valuation and Growth Strategies Finance
  • Ravi Gautam’s Soch: A Perception to Premiere at India International Film Festival of Boston and Chicago South Asian Film Festival Entertainment
  • Meet Rahul Yadav: The Influencer Taking the Online World by Storm Business

FICO honor 34 MSME entrepreneurs at the special conclave ‘MSMEs-The Future is Now’ in Ludhiana

Posted on October 22, 2022 By

Ludhiana (India), October 22: About 34 entrepreneurs from the Micro Small and Medium Enterprises (MSME) sector in the State of Punjab were honored for their immense contribution to the industrial sector at the special conclave ‘MSME-The Future is Now’ organized by Federation of Industrial and Commercial Organisation (FICO)-I AM SME OF INDIA at Ludhiana.

MSMEs play an important role in the economic development of Punjab, particularly in the areas of production, exports, and employment creation. The key to Ludhiana’s rise as a major industrial centre in India lies in the expansion of its micro, small, and medium enterprise sector. Over the years, Ludhiana, Punjab’s industrial hub, has become a synonym for industrial excellence in the region’s far northern reaches.

The city is home to tens of thousands of micro, small, and medium-sized enterprises. People’s inherent entrepreneurial spirit has made Ludhiana a centre for the machine tool industry. Ludhiana has also become an important hub for the design, development, and production of machines. The fact that the city has been steadily climbing the business success ladder in the manufacturing sector and has set several industrial growth records over the past few years is attributable to the visionary initiatives of the industry bodies, which are continually striving to establish new standards of industrial excellence.

MSMEs in the post-pandemic era play a double function as supply units for larger sectors and as major contributors to societal and economic growth.

The goal of the prestigious business event was to convene industry leaders in one place to plot the course for the development of the MSMEs in the city of Ludhiana and the entire state of Punjab.

Rajive Chawla, the chairman, of I AM SME OF INDIA and mentor of FICO, spoke at length about the future of MSMEs in India and shared his thoughts on the potential of MSMEs in Punjab.

As Chawla put it, “Punjab state has a great potential and this is an ideal time to innovate and create new benchmarks in business.” “As a group, FICO never stops striving to improve the commercial and industrial sectors. It plans to serve commerce and industry even better in the years to come.”
The special attraction at the event was an innovation by Citizen Group and a special stall by Crystal Switchgears.

Gurmeet Kular, president, of FICO, congratulated the members for the 9th annual session and thanked the esteemed guests for the exemplary work done by them during the Covid Pandemic.

Kular said, “The next decade (2022-2032) belongs to the MSMEs”. “FICO has collaborated with MIBF for the Mumbai International Bike Fair, and with Tata Solar for solar power projects and ACMA for Gujarat Cycle Expo.”

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Business Tags:Business

Post navigation

Previous Post: Zephyr Peacock-backed 20Cube Logistics to Go Public via SPAC Deal
Next Post: Yeh Diwali, Job Wali! With Imarticus Learning’s latest Diwali offerings, gift yourself the necessary skills and a job

Related Posts

  • Indxx Licenses India Big 5 Conglomerates Index to Korea Investment Management for an ETF Business
  • Business Mint’s Nationwide Awards Under 30 Inspiring Entrepreneurs – 2022 Announced Business
  • Antariksh Group Bags Leader in Logistics At Times Brand Icons 2021 Business
  • Tech Behind Atharv Lifestyle’s Timely Delivery: Promise, Precision and Premium Living Business
  • India’s largest football stadium turned into a 250-bed COVID hospital by AMRI Hospitals Business
  • LLumar and Gras-i Celebrate 25 Years of Innovation and Leadership in India’s Performance Films Market Business

Recent Posts

  • V6 Sports Launches World-Class Certified DRS System — Built in India, Designed for Global Cricket
  • BE Hub Launches in Pune to Empower Grassroots Entrepreneurs of Bharat
  • Why Skinimalism Is More Than a Trend: Dr. Jagdish Sakhiya on the New Face of Skincare
  • Rajhans Redefines Entertainment with Inclusive Cinema Surat Experience
  • Dr. Elie Organics & Thinksharp Foundation Launch Lonikand Biodiversity Park

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • Tiger on Eiger – Largest artwork atop the Swiss Peak Press Release
  • WWI Giveaway 2025: Rs. 15,00,000 to Win Your Dream Wedding with WeddingWire India Lifestyle
  • Athflex Rolls out Its Exclusive Range of Performance-cum-leisure Wear Lifestyle
  • 14th Asia Africa Business & Social Forum: Awards & Business E-Summit Business
  • Goel Ganga Group: Shaping Cities and Creating Exceptional Living Experiences Business
  • This AI Startup Is Turning India’s Hiring Chaos into Quick Commerce Business
  • MAG Finserv enters into a Co-Lending Partnership for Gold Loans with Central Bank of India Business
  • Sterling Diagnostics collaborates with Haptik to provide Innovative Chatbot Solutions Business

Copyright © 2025 Daily News India.

Powered by PressBook News WordPress theme