Government to set up more technology centres for growth of MSMEs: Bhanu Pratap Singh Verma
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Union minister of state for micro, small and medium enterprises (MSMEs) -- Bhanu Pratap Singh Verma has said the central government will increase the number of technology centres to provide tools, trained personnel and consultancy to MSMEs for stimulating growth of industries. Verma highlighted the crucial role played by the sector during the COVID-19 crisis.
He stated the MSME sector plays a major role in the development of manufacturing as well as services and contributes significantly to the growth of the Indian economy. MSMEs also generate the largest employment after the agriculture sector. Moreover, it said the technology centres, set up countrywide by the Ministry of MSME, offer stimulus for growth and integrated development of industries by way of providing quality tools, trained personnel and consultancy.
He also said the ministry is in the process of setting up more such technology centres across the country to cater to increasing technological needs of the MSME sector owing to competitiveness in the global market. Such centres will also fulfil the MSME sector's demand for skilled manpower to become competitive globally and self-reliant in the domestic market.
