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MSMEs should explore cluster approach to achieve economic development: Sarangi January 22, 2021 MSME sector contributes 29.7% to India’s GDP and accounts for 49.66% of exports “The MSME industry needs to expand, its scope is enormous. We need to think of ways to provide entrepreneurs their due, to improve market availability and access and to provide technology,” said Pratap Chandra Sarangi, Union Minister of State for Micro, Small and Medium Enterprises. Participating in an interactive session with Laghu Udyog Bharati-Karnataka Chapter, Sarangi said that the government understands the importance of MSMEs for the nation and is fully committed to support the MSME sector and reach its full potential. Now, the time has come to be a self-reliant country and for this MSME can play a very important role in this mission of nation-building, he said. ....