SME Times News Bureau | 16 May, 2018
on Tuesday termed the launch of 12
Champion Sectors as a bold step, adding that it will help the economy
and create jobs.
Global Exhibition on Services and launched a portal on 12 Champion
Sectors in Services in Mumbai, Kovind stated that the launch of 12
Champion Sectors is a bold new step that will contribute to both
India’s economy and the global economy, and will create jobs.
President welcomed around 500 international delegates who are
participating in this Global Exhibition from about 100 countries.
commended the Ministry of Commerce and Industry of the Government of
India, as well as the Government of Maharashtra, the Confederation of
Indian Industry and the Services Export Promotion Council, for this
expressed confidence that it would promote the Indian services domain
and enlarge and deepen India's engagement with the global services
said that the services sector represents a vibrant and expanding
component of the global economy.
services dominates in terms of employment, value addition,
productivity and innovation. The pace of technology is intensifying
the contribution of services in other sectors – including
agriculture, infrastructure and manufacturing, he said.
would not be an exaggeration to say that services forms the backbone
of the 21st century global economy, the President added.