Delhi MSMEs Visited by High-Level German Delegation from Friedrich Naumann Foundation October 25, 2024 MSME Sampark Msme News 0 A high-level German delegation visited micro, small, and medium enterprises (MSMEs) in Delhi, aiming to understand India’s vital MSME sector and its economic contributions. The delegation, led by Frank Müller-Rosentritt, Member of Parliament, Free Democratic Party, Germany, and Dr. Carsten Klein, Head of the Friedrich Naumann Foundation (FNF) South Asia Regional Office, also included Frank Hoffmann, Regional Project Manager, and Himanshu Chawla, Regional Communication and Program Manager.The FNF team expressed appreciation for the sector’s role in economic growth and employment, discussing ways for MSMEs to advance and promote sustainable growth. Their visit highlighted the potential for collaboration between Germany and India to support the sector’s development.Facilitated by the Foundation for MSME Clusters (FMC), a public trust established in 2005, the visit showcased FMC’s achievements in sustainability, including reducing 41,000 tonnes of CO₂ annually in foundry clusters, creating enterprises using 163,000 tonnes of foundry slag, and replacing 1,800 tonnes of unsustainable materials with bamboo. FNF has been a partner in these efforts, promoting resource efficiency in MSME clusters across India.Friedrich Naumann Foundation operates in over 60 countries, promoting economic freedom, human rights, urban governance, and digital transformation. Through this visit, the FNF team gained insights into India’s MSME sector and its role in the industrial landscape, exploring areas for future collaboration.Disclaimer: This article offers an overview of the German delegation’s visit to Delhi’s MSMEs. The information has been gathered from available sources and is intended for general informational purposes only. Popular Articles IPO News NTPC Green Energy IPO: Special Benefits for NTPC Shareholders and Employees Msme News New Research Highlights MSMEs’ Key Role in Strengthening India-UK Trade Relations Msme News Gujarat Government Announces Relief Package for Flood-Hit MSMEs in Vadodara Msme News SBI Plans to Increase Threshold Limit Under Instant Loan Scheme for MSME Sector Msme News CII MSME FinFest 2024: Empowering MSMEs in Odisha with Better Access to Credit Msme News Commerce Ministry Reports 43% of New White Goods PLI Applicants Are MSMEs Msme News Government Bridges Credit Gap for MSMEs in Recent Years, Says MSME Development Commissioner Msme News FISME and GAME Organize High-Level Roundtable on MSME Financing in New Delhi Msme News Political Parties Look at MSME Sector as Vote Bank IPO News Boss Packaging Solutions IPO Faces Investor Backlash; Mukul Agrawal Comments on ‘Resourceful Yamaha Company
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