Policy and Progress Advocacy
On a continual basis, the Government of India refines and introduces policies with the aim to promote financial independence, production of goods within India and adoption of the latest technologies within the defence manufacturing sector. The Federation of MSME Vendors of Defence and Aerospace works along with the government and also puts forth concerns of the stakeholders and members of Federation so that the policymakers have an unbiased view of the defence manufacturing industry and its requirements. This enables the government to form policies taking into consideration the requirements of the stakeholders and MSME vendors and manufacturers. The Federation engages with the government at the state and central levels to create a conducive environment for MSMEs to that it contributes towards the growth of the nation at its full potential. The Federation of MSME Vendors of Defence and Aerospace also works in partnership with the government to ascertain the progress of development and procurement in the sector.
Policy and Market Research
Many opportunities arise both at the National and International levels. MSME can enjoy numerous such opportunities that arise at domestic and global arena. The Federation of MSME Vendors of Defence and Aerospace helps to keep track of these opportunities besides identifying new trends and new global policies that have an effect on defence MSMEs. This enables MSMEs in the sector to stay on top of the latest trends and also enhance their knowledge base so that they are in tune with the happenings and the latest developments in the industry. The Federation works to analyse policies and opportunities to maximise potential of MSME manufacturers and vendors so that they can offer industry-specific products and services. It allows MSMEs working in the defence sector to offer the latest and most relevant products and services. The Federation shall endeavour to augment global business opportunities for its members, by participating in trade fairs, seminars, attending delegations, sending delegations etc.