through conventions like these. We have honoured innovators;
they can inspire others to innovate.”
He stressed the importance of ensuring a wider outreach for
original technology developed by SMEs. He said, “Sometimes
there are some products, which are useful to the society. It
is important that these products reach to a majority of the
people.”
Shri Modi also spoke about the importance of using eco-friendly
technology and encouraged the Industrialists to patent their
technologies. Shri Modi declared that the government would
be setting up a new unit to assist industries regarding patenting
laws.
Highlighting the importance of events like VGGS, Shri Modi
declared, “Events like these can inspire people to use and integrate
new technology into their businesses.” Further, he affirmed,
“Through this summit we are also looking at potential global
markets. This can benefit SMEs.”
Shri Modi spoke at length on the importance of the SME sector.
He declared, “We want an economy with mass production and
production by masses. The SME sector can help in generating
substantial employment for the youth.”
Emphasizing Gujarat’s initiatives for the development of the
SME sector, Shri Modi said, “We are looking at a cluster-based
development approach for SMEs. For a large industry to build a
car, more than 500-600 small industries are needed to supply
components.”
Talking about Gujarat’s initiatives to develop skilled manpower,
Shri Modi said, “Considerable time is spent in training those who
are newly employed. However, if industries get skilledmanpower,
their efficiency can improve. For this, we require a need-based
approach. Gujarat has made efforts in this direction. We aim to
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