AIFMP to distribute Rs 9,00,397 to delegates of Print Technology Expo

The All India Federation of Master Printers (AIFMP) will distribute an amount of Rs 9,00,397 among the delegates who visited the Print Technology Exhibition at Kuala Lumpur on 14-18 August, 2014, under the banner of AIFMP.

AIFMPs

“AIFMP has already received the grant from Ministry of MSME, Government of India, under international cooperation scheme,” said Kamal Chopra, Chairman, International Cooperation, AIFMP. He said that a distribution ceremony for this grant-in-aid would be organised, where the amount will be distributed to the eligible entrepreneurs who visited the Print Technology Exhibition.

Chopra added that under the Government of India International Cooperation scheme, 75% to 85% of the airfare is reimbursed to the eligible registered entrepreneurs possessing EM Part-2 certificate, after following the prescribed procedure of submitting the feedback report and outcome of the visit. “Under this scheme, the entrepreneurs are encouraged to visit overseas exhibitions to learn and understand the latest developments, to increase quality production to withstand the increasing global competition,” he said. .

Mr. Dev Nair, President – AIFMP, said, “In these period of outsourcing, India can become a hub for providing printing and packaging services to the world. We have an excellent potential for export of these services, but there is a need to be cost competitive and leverage our capacities in this sector for this purpose.”

Nair added that with 12.5% growth per annum, Indian printing and packaging industry is growing at a very fast pace and  can generate phenomenal increase in employment opportunities as well.

Anand Limaye, Honorary General Secretary, AIFMP, thanked the Ministry of MSME for providing such opportunities for the overall development of the SMEs.