
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.