ELCINA Micro & Small Industries Forum (EMSIF)
The Executive Committee of ELCINA has decided to establish a Micro & Small Industries Forum (MSIF) with the objective to focus on strengthening and growing our Micro and Small industries to the next level.
The Electronic Systems Design & Manufacturing (ESDM) Sector is growing very rapidly and policy support is being provided by Government to attract large investments. At the same time numerous Micro, Small and even Medium scale electronics units have shut down due to viability issues as a consequence of reduced and zero tariffs under ITA-1 and trade barriers which have rendered them unprofitable. MSIF is being established to enable small units to avail these benefits and become competitive.
The current government policies for supporting this vulnerable segment have been found inadequate and there benefits do not percolate down to the Small units. Since implementation of ITA-1 in April 2005, a very large number of MSME’s have fallen by the wayside as they just could not cope with the cut throat competition they faced from imports, especially from China and some South East Asian countries.