Saturday, October 31, 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
  • ASEANFastest Growing
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • ASEANFastest Growing
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
13
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

Assetmark
Investment

Invest: AssetMark expands presence in India with GCC

by Fiinews
October 29, 2026
0
10

Hyderabad centre to foster collaboration, innovation and professional development AssetMark, a leading US-based wealth management platform serving more than 10,000...

Prince Alois
Investment

Invest: Prince Alois updated on economic progress

by Fiinews
October 29, 2026
0
13

Minister Goyal and Prince Alois focused on strengthening TEPA Hereditary Prince Alois of Liechtenstein was updated on India’s investment performance...

Textile Association of India

Manufacture: Textile PLI reopened for applications

October 29, 2026
15
PIB

Invest: India-SG power interconnection discussed

October 29, 2026
15
CSLA

Manufacture: Rs.10,000cr container scheme approved

October 29, 2026
14
OneConsent PHD

Tech: OneConsent to help business with DPDPA

October 28, 2026
16
SBI YONO

POPULAR NEWS

  • Wipro emerges leader in Everest’s MatrixTM 2018

    0 shares
    Share 0 Tweet 0
  • Projects: Indian yards set to build green ships, says DNV expert

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

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

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

    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: VinFast signs 50+ LoIs with e-motorcycles
  • Export: India commits Green Hydrogen to markets
  • Invest: AssetMark expands presence in India with GCC
  • Invest: Prince Alois updated on economic progress
  • Export: India-Mexico sign PTA Terms of Reference

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

© 2026 FIINEWS - Design and developed by 7clicksmedia.

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

© 2026 FIINEWS - Design and developed by 7clicksmedia.