India to Become the World’s Manufacturing Hub: Shri Praveen Khandelwal
Interactive Session Held at UCCI
Udaipur: The Udaipur Chamber of Commerce & Industry (UCCI), in collaboration with the Confederation of All India Traders (CAT), organized an interactive session on Tuesday, 24 February 2026, with Shri Praveen Khandelwal, Member of Parliament (Chandni Chowk, New Delhi) and Secretary General of CAT.
The event was chaired by Mr. Manish Galundia, President of UCCI, who welcomed the chief guest and attendees. The program outline was presented by Honorary General Secretary Mr. Ashish Chhabra.
In his address, Shri Praveen Khandelwal highlighted that the central budget for FY 2025-26 has placed special emphasis on the development of the MSME sector, which remains a top priority for the government. He informed that the government has allocated ₹10,000 crore for MSME development and an additional ₹4,000 crore under the ‘Atmanirbhar Bharat Fund’ to promote the Make in India initiative.
He further explained that policy frameworks and funds are being established to develop infrastructure across approximately 250 existing industrial clusters, with the entire funding provided by the central government. He urged UCCI to take a leading role in identifying potential cluster sectors in southern Rajasthan to benefit from this initiative.
Shri Khandelwal observed that the corporate sector’s growth has reached saturation, while the MSME sector holds immense potential. He emphasized that although India is currently the largest consumer economy globally, the government aims to make India the world’s largest manufacturing economy, promoting Make in India and indigenous products.
He also shared details about India Trade Festival 2026, to be held from 1–4 May 2026 at India Mandapam, Pragati Maidan, New Delhi. The inauguration will be done by the Hon’ble Prime Minister, with participation from approximately 20 central ministers and 10–15 state chief ministers, along with diplomats from 50 countries.
The festival will feature sector-wise stalls, B2B and B2C meetings, food stalls, and cultural evenings. Only digital payments will be accepted, and facilities such as a mobile app, QR code registration, AI assistants, Google Maps-based navigation, and volunteer support will be available for visitors.
Shri Khandelwal also mentioned that India’s pride, the BrahMos missile, will be showcased, along with names of around 200 Indian companies involved in its production. Additionally, 50 acres near Jewar International Airport have been reserved for a trade expo.
He further outlined the government’s efforts to expand international trade to 83 countries, with Indian traders playing a key role. India aims to increase its global export contribution from 3% to 15%. Trade agreements have already been signed with the 27 European Union countries, and agreements with the USA are expected by late March or early April 2026.
Shri Khandelwal also shared that the government is in the process of removing nearly 1,000 punitive provisions related to financial and tax errors and implementing a single-shot clearance/NOC system to facilitate the establishment of new MSME units.
During the Q&A session, members raised queries regarding the festival and MSME schemes, which Shri Khandelwal addressed in detail.
The session was conducted by Honorary General Secretary Mr. Ashish Chhabra. Other dignitaries present included CAT National Joint Secretary Mr. Sumit Agarwal, Rajasthan State Executive Chairman Mr. Manoj Goyal, CAT Women Wing Udaipur President Mrs. Vijay Laxmi Galundia, Secretary Dr. Sonu Jain, CAT Udaipur Chapter President Mr. Dinesh Choradia, and Secretary Mr. Mahendra Talesra, among others.
Several senior members and patrons, including Mr. B.H. Bapna, former presidents Mr. P.S. Talesra, Mr. V.P. Rathi, treasurer Mrs. Haseena Chakkiwala, Mr. Zaki Chakkiwala, Mr. Rakesh Samar, Dr. Hitanshu Kaushal, Mr. Anshul Mogra, Mr. Shaleen Harlalka, and Mrs. Priya Mogra, were also present.
The program concluded with a vote of thanks by Treasurer Mrs. Haseena Chakkiwala.
At the end of the session, the poster for India Trade Festival 2026 was officially unveiled.
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