ROTADYNE TOOLS’ CHAIRMAN CHANDRASEKHAR MARATHE TALKS ABOUT THE FUTURE OF MSME IN INDIA

 

 

 

 

 

 

 

The coronavirus pandemic has brought about changes in all courses of human lives, and the business sector is no different. During the time of lockdown, several industries in India have suffered, and now, people have started seeing light at the end of the tunnel as the vaccination rollout is progressing steadily. Chandrasekhar Marathe, Chairman of Rotadyne Tools believes that the MSME sector has started showing signs of improvement, and he also added that India could soon become a global manufacturing hub.

INDIAN DOMINANCE IN THE MANUFACTURING SECTOR

Chandrasekhar Marathe claimed that the future of the manufacturing sector will be in the hands of India, especially considering the current scenario where world countries are openly taking a stand against China.

“After the lockdown, from July, things are doing pretty well, at least in the engineering sector. The demand has increased a bit, and I believe it will continue for some time. Moreover, all countries have now taken an open stand against China and it will be beneficial for India. Even companies in the United States are shifting to India, so engineering will do good for some time,” said Chandrasekhar.

ROTADYNE TOOLS PVT LTD SHINING BRIGHT IN TIMES OF CORONAVIRUS PANDEMIC

Even though several companies have faced set back during the times of coronavirus pandemic, Rotadyne Tools Pvt Ltd led by Chandrasekhar is unflinchingly carrying out its business. With sheer determination and proper planning, the company successfully combated the pandemic that shook the entire economic sector.

Rotadyne Tools Pvt Ltd is planning to export more in the coming months, and they have already signed deals with two customers, and three more companies will be soon added to the lineup. Chandrasekhar revealed that the company is aiming to double the current turnover within the next two years.

MSME’S ARE ALREADY ATMANIRBHAR

According to Chandrasekhar, the medium and small-scale industries in India are already Atmanirbhar. Chandrasekhar also urged the government to introduce new programs and initiatives to improve the state of MSMEs in the nation.

“MSME Sector has always been Aatmanirbhar right from the beginning. The government is doing several things for farmers and large business companies, but MSMEs are being ignored, especially because MSMEs do not make much noise.  MSMEs were always Atmanirbhar,” said Chandrasekhar.

Chandrasekhar revealed that one of the main challenges faced by MSMEs in Maharashtra and other states is nothing but the non-availability of funds. He also urged the government to take adequate measures to allocate funds to MSMEs, and requested banks to consider the potential of business to analyze the issuing funds.