DPIIT and UNIDO sign Trust Fund Agreement
India joined the BRICS Centre for Industrial Competencies (BCIC) to provide integrated support services to manufacturing companies and Micro, Small and Medium Enterprises (MSMEs) across BRICS countries, with a focus on strengthening Industry 4.0 competencies https://www.commerce.gov.in/.
The BCIC joining ceremony was held at an event organised by the Department for Promotion of Industry and Internal Trade (DPIIT), the Ministry of Commerce & Industry said on 4 Feb https://fieo.org/.
Launched in partnership with the United Nations Industrial Development Organization (UNIDO), BCIC serves as a one-stop centre for MSMEs https://www.bseindia.com/.
On the occasion, a Trust Fund Agreement was signed between DPIIT and UNIDO. The Agreement was signed by Economic Adviser, DPIIT, Agrim Kaushal, and Director, UNIDO, Dr. Cristiano Pasini, formalizing India’s participation in the BCIC framework.
The National Productivity Council (NPC) has been designated as the India Centre for BRICS Industrial Competencies. Under the policy guidance of DPIIT and with technical support from UNIDO, NPC will spearhead India’s engagement with BCIC and contribute to capacity building, productivity enhancement and adoption of advanced manufacturing practices https://www.nseindia.com/.
The event was presided over by Secretary, DPIIT, Amardeep Singh Bhatia, and was attended by Director General, NPC, Neerja Sekhar, along with senior officials from DPIIT, the Ministry of MSME, the Ministry of External Affairs, representatives from UNIDO, and industry partner Federation of Indian Chambers of Commerce and Industry (FICCI). Fiinews.com
