Star International MSME Forum Chairman Harish Chandra Meets Joint Secretary at Ministry of MSME to Discuss MSME Growth, Government Schemes & Delayed Payment Challenges in India
The Star International MSME Forum was honoured to visit Kartavya Bhawan for a strategic meeting with the Joint Secretary of the Ministry of MSME, Government of India.
Representing the Forum during this important engagement were Harish Chandra, Chairman of the Star International MSME Forum, and Mahakk A. Thakur, President & Co-Founder of the Forum. Their participation reflected the Forum’s continued commitment toward strengthening India’s MSME ecosystem through policy advocacy, international collaboration, innovation, and business diplomacy.
Strategic Discussions on MSME Growth & Government Support
The meeting focused on strengthening cooperation between government institutions and MSME leadership platforms to accelerate entrepreneurship, industrial growth, innovation, exports, and global business opportunities for Indian MSMEs.
Key discussions included:
- MSME internationalization opportunities
- Export promotion & global market access
- MSME schemes and government support initiatives
- Industrial subsidies and financial assistance programs
- Startup and innovation ecosystem development
- Technology adoption & digital transformation
- Skill development and entrepreneurship
- International business networking and collaborations
- Investment opportunities for MSMEs
- Strengthening policy support for small businesses
The interaction reflected a shared vision toward empowering Indian MSMEs through stronger institutional support, strategic policy implementation, and sustainable economic development initiatives.
Discussion on MSME Delayed Payment Challenges
A major point of discussion during the meeting was the issue of delayed payments faced by MSMEs, which continues to be one of the biggest challenges affecting small and medium enterprises across India.
The leadership of the Star International MSME Forum highlighted the importance of timely payment mechanisms, stronger awareness regarding MSME payment protection provisions, and improved implementation of government frameworks designed to safeguard MSMEs from financial stress caused by payment delays.
The discussion emphasized the need for:
- Faster payment resolution systems
- Greater awareness about MSME payment protection laws
- Stronger industry accountability
- Financial stability for small businesses
- Improved access to working capital support
- Enhanced support through MSME facilitation mechanisms
The meeting acknowledged that resolving delayed payment issues is essential for strengthening cash flow, business sustainability, employment generation, and long-term growth of India’s MSME sector.
Leadership Vision of Star International MSME Forum
Under the leadership of Harish Chandra and Mahakk A. Thakur, the Star International MSME Forum continues to actively create global opportunities for MSMEs, startups, entrepreneurs, exporters, manufacturers, and innovators through diplomatic engagement, international networking, policy dialogue, and strategic collaborations.
The Forum remains committed to connecting businesses with government stakeholders, embassies, investors, trade councils, and international markets to strengthen India’s global MSME ecosystem.
India’s MSME Sector: Driving Economic Growth & Innovation
India’s MSME sector remains one of the strongest pillars of the national economy, contributing significantly toward:
- Employment generation
- Manufacturing and industrial development
- Exports and international trade
- Innovation and entrepreneurship
- Startup ecosystem growth
- Rural and regional economic development
Strategic interactions between government authorities and MSME leadership platforms are essential in accelerating industrial growth, innovation, global competitiveness, and sustainable business opportunities for Indian enterprises.
Strengthening Government–Industry Partnerships
The visit to Kartavya Bhawan further reflects the commitment of the Star International MSME Forum toward fostering stronger collaboration between policymakers, entrepreneurs, innovators, industry leaders, and the international business community.
The Forum looks forward to contributing actively toward initiatives that support MSME empowerment, innovation-led industrial growth, export expansion, startup development, financial inclusion, and sustainable economic progress for India’s entrepreneurial ecosystem.