November 30, 2016
The 5th Edition of the National Vendor Development Programme (NVDP) 2016, which is a platform to connect PSUs and major buyers with MSMEs, will start here on December 14.
About 60 vendors will exhibit their machining facilities and capability, and 20 outsourcing companies and PSUs such as HAL, BHEL, railways and defence establishments will take part in the three day programme, D Shanmuganathan, director of MSME Development Institute, Chennai, told reporters here. The programme is jointly organised by the institute and Coimbatore SIDCO Industrial Estate Manufacturers Welfare Association (COSIEMA), he said.
last edition generated a business of nearly Rs 5 crore, and this year a 15per cent increase is expected, COSIEMA president, MV Loganathan said.
With a positive atmosphere for manufacturing under the Narendra Modi government with initiatives like Make in India, Start Up and Zero Effect Zero Defect, the MSME sector has become more confident to meet challenges and will contribute substantially for the economic growth of India, he said.
Coir Board Chairman CP Radhakrishnan will inaugurate the programme.