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Sunday, November 24, 2024

Union Minister Narayan Rane: New Innovative Initiatives at Ni-MSME

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Under the visionary leadership of Union Minister of MSME, Narayan Rane, the 16th Governing Council and 15th Annual General Meeting of the National Institute for MSME (Ni-MSME) convened in New Delhi, marking a significant milestone in the sector’s development.

Launch of Export Acceleration and Experience Centre (EAEC)

Union Minister Narayan Rane’s approval of the Export Acceleration and Experience Centre (EAEC) at UdyamAlok, Ni-MSME, Hyderabad, marks a transformative leap for MSMEs. This initiative enhances their export capabilities and aligns with the vision of Atmanirbhar Bharat. The comprehensive suite of services includes market research, and digital marketing training. It also provides logistics solutions, access to funding, and exposure to global marketplaces.

Introduction of Centre of Excellence for MSME Enablement of Technology (COMET)

In collaboration with IIT-Hyderabad, Ni-MSME is set to establish the Centre of Excellence for MSME Enablement of Technology (COMET), aimed at providing MSMEs with cutting-edge, design-centric technologies. This groundbreaking initiative will facilitate technology development, testing, demonstration, and certification, offering a digital catalogue and B2B marketplace for technologies. COMET will address MSMEs’ technological challenges, promote skill development, and foster an entrepreneurial spirit, positioning them as formidable global contenders.

Also read: MSME Exports: Charting a Path to International Success

Government’s Commitment to Innovation and Growth

The approval of EAEC and COMET underscores the government’s unwavering commitment to fostering innovation and growth within the MSME sector. With these initiatives, Ni-MSME is poised to catalyse the transformation of MSMEs into dynamic, globally competitive entities, driving the nation towards self-reliance and prosperity.

Union Minister Narayan Rane’s approval of pioneering centres at Ni-MSME reflects the government’s proactive approach. It aims to empower MSMEs and position them as key contributors to India’s economic growth. Strategic initiatives ensure unprecedented growth in the MSME sector.

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