IKEA shows interest in Bengal MSME sector likely to benefit

first_imgKolkata: Swedish multinational IKEA, which operates in 50 countries, has expressed interest in procuring natural fibre and bamboo from Bengal, giving an impetus to the state’s Micro, Small and Medium Enterprises (MSME) sector.The group that recently opened its first store in the country in Hyderabad, has a plan of investing Rs 2,000 crore in the current financial year, to procure natural fibre and bamboo. There are possibilities of investment of a major part of it in Bengal. Also Read – Rain batters Kolkata, cripples normal lifeWith the expression of interest in procuring natural fibre and bamboo from the state, the company, with a global presence, is going to leave its footprint in Bengal. According to senior officials of the state MSME and Textiles department, this is an indicator of further investment in Bengal.IKEA’s top official on Tuesday attended the third plenary session in the State MSME Conclave on Rural Entrepreneurship Hub (REH), that was coordinated by the former president of Bengal Chamber of Commerce and Industry Ambarish Dasgupta. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedThe IKEA official explained the company’s role in exports of products made by artisans and the MSME sector. At the same time, he has shown keenness in procuring natural fibre and bamboo from Bengal. There will be proper quality stipulations as well.Sources said that there have also been discussions of the IKEA authorities with the top brass of the Bengal government, in connection with opening of a store in the state.It has been learnt that they want to open store at a location close to a Metro station, as they want people from all strata to visit their store and buy goods. The state Finance minister Amit Mitra, who is also the MSME and Textiles minister, said in the Concluding Session of the conclave that the artisans and MSME entrepreneurs have started receiving huge orders from abroad as well.”In such a situation, it is important to meet the deadlines by delivering the ordered objects on time. So, there is a need of a supply chain management system and the West Bengal State Export Promotion Society will help the MSME entrepreneurs in meeting their deadlines,” Mitra said.It may be mentioned that certificate of registration as a rural entrepreneurship hub has been given to three MSME entrepreneurs. 300 such entrepreneurs will be getting the same. There were thorough discussions in the three other plenary sessions – Lean Manufacturing, SME Listing and Export Orientation.last_img

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