Gujarat Chief Minister Bhupendra Patel on Thursday inaugurated Indo-American Chamber of Commerce’s (IACC) Centre of Excellence for MSME in the city, an official release said.
The Centre, the first ever by IACC in India, aims to upgrade and strengthen Micro, Small and Medium Enterprises (MSMEs) to effectively cater to the export markets, said the release.
On the occasion, the chief minister termed MSME as the backbone of the economy. He stated that the MSME sector will play a crucial role in making India the third-largest economy during the third term of Prime Minister Narendra Modi.