Technology centres for MSMEs

Why is it in the news?
  • The Ministry of Micro, Small and Medium Enterprises (MSME) will develop 20 technology centres, along with extension centres across the country in another 3-5 years.
  • As per the official statement, these centres would come up at an investment of Rs.200 crore each.
More in the news
  • About 100 extension centres, each at an investment of RS.20 crore have been planned.
  • The aim is to ensure that maximum number of MSME units are benefited from the facilities.
  • As many as 18 tool rooms are operational in the country and 15 more are in different stages of development or have started functioning.
  • These tool rooms are specific to electronics, general engineering and high-end engineering sectors.
  • They have modern technology machinery and testing equipment and the services are offered to industries at a competitive price.
  • The Ministry is also creating trained manpower in virtual reality through the National Small Industries Corporation (NSIC).
  • The Ministry has established about 100 livelihood business incubators at taluk levels to train man power and create new businesses and plans to have more such incubators.
Source
The Hindu.




Posted by Jawwad Kazi on 14th Jan 2019