The CII-AVANTHA Centre for competitiveness for SMEs, a centre of the Confederation of Indian Industry and the Delhi-based AVANTHA group are intended to start four new clusters in northern Indian cities in the current fiscal.
Aiming to enhance the competitiveness of micro,
small and medium enterprises (MSMEs) based in the northern region,
through interventions in areas such as cost management, productivity,
energy efficiency and total employee involvement these four new
clusters are planned at Jaipur, Jalandhar, Baddi and Mandi
R Narayaran, who heads
the CII-AVANTHA Centre for Competitiveness, as per a Business
Standard report, said, "Small and medium enterprises have the
potential to emerge as big-time growth drivers of the economy and
also as a dynamic engine of employment generation." Starting of the
four new clusters is aimed to translate this potential into reality,
According to the
officials, at first the centre's counselors will survey these
industries and ascertain the various trades in which these clusters
would run. The trades could range from light engineering, electrical,
mechanical and auto components to textiles, rubber or others.
clusters will guide and help MSMEs to focus on adoption of automation
and latest technologies. It would also bring down their factor costs
while enhancing productivity and quality.