The State government's initiative to establish one lakh Micro, Small, and Medium Enterprises (MSMEs) in one year as part of the observance of 'Entrepreneurship year' is well on track with more than 50,000 new ventures being established when the campaign completes 145 days, Industries Minister P. Rajeeve has said.
Addressing a press conference here on Friday, he said that a total of ₹2,960 crore of investments came through these ventures, while 1.09 lakh new job opportunities were created.
As many as 5,000 new MSMEs have been launched during this period in Malappuram as well as Ernakulam, while 4,000 new MSMEs each have been launched in Thiruvananthapuram, Palakkad, Kollam, Thrissur and Kozhikode.
