Tuesday, July 21, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Investment

Technology needed to uplift MSMEs

Fiinews by Fiinews
January 15, 2020
in Investment, Manufacturing, Technology
Reading Time: 2 mins read
A A
0
8
0
SHARES
11
VIEWS
LinkedinShare on Twitter

Workshop on MSME technologies

Technology is needed for production, preservation and marketing of products, said Minister of State for Micro, Small and Medium Enterprises Pratap Chandra Saarangi.

Coping up with new technologies is essential to compete in the global market, he added at a workshop on “Outreaching of Emerging Technologies to MSMEs” in New Delhi on 26 Sept 2019.

However, he cautioned against over application of technology which sometimes goes against nature.

The workshop was to raise awareness about generation and dissemination of knowledge about some of the emerging technologies, their applications, the kind of potential they offer, the impact they can have on the sector, challenges faced in adoption and some relevant models from around the world.

The other aim is to chart a way forward for institution-to-institution collaboration to make the penetration of these technologies to the MSMEs faster and effective.

Secretary, Ministry of Micro, Small and Medium Enterprises, Arun Panda said that MSMEs should have access to and be able to adopt latest and new technologies and appealed to business associations to help MSMEs in technology upgradation and access to credit.

Referring to Government’s efforts, he said “Currently, we are running 18 Tool rooms and 15 more tool rooms are under construction. Apart from them, 120 new Tool Rooms/Technology centres have been approved and these 153 centres when fully operational will train approximately eight lakh youngsters in various skills.”

MSME Development Commissioner Ram Mohan Mishra pointed out that India has many good Research Institutes, Technology Institutes and Scientific Labs and it is their pious duty to equip the small industries to provide and equip them with latest technologies to increase their production.

He appealed to business associations to help small industries in this endeavour.

The MSME sector has been recognized globally as a major contributor to Gross Domestic Product (GDP).

The sector occupies a position of strategic importance, currently, there are over 60 million MSMEs across various industries that employs more than 111 million persons and produces more than 8,000 products ranging from traditional to high-tech precision items.

The manufacturing landscape is changing rapidly and there is a strong need for MSMEs to be agile and flexible to be able to survive this change. This workshop has been organized to meet these challenges, said the MSME Ministry. fiinews.com 

Tags: Ministry of Micro Small and Medium Enterprises
ShareTweetShare

Related Posts

Glean
Technology

Tech: Partners help organizations in productivity

by Fiinews
July 21, 2026
0
13

Large enterprises want AI that can do more than answer questions, says Maletira LTM will combine its deep domain and...

Adobe
Technology

Tech: Adobe sees AI-ready India for services

by Fiinews
July 21, 2026
0
18

Ministries can ensure government information remains visible in an AI-first world, says Juvvala India's score of 58.2 in Adobe’s 2025...

ICAI Singapore chapter

Invest: NRIs to generate $70-80bn under FCNR

July 19, 2026
12
Emergent

Invest: Emergent gets strong support for Series C

July 19, 2026
24
Kaisemi

Manufacture: KaiSemi plans India expansion

July 19, 2026
16
Neo Group

Invest: Neo raises Rs.350cr for talent-products

July 18, 2026
20
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

    0 shares
    Share 0 Tweet 0
  • Manufacturing: Approved ‘BioE3’of Biotechnology Dept

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Market: Leadde puts AI video production in India
  • Tech: Partners help organizations in productivity
  • Project: STLOC launches CONCAT in US
  • Tender: 6 PSPs ready for construction
  • Market: President seeks partnerships in Moldova

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.