New Delhi, June 20 (KNN) There has been a 400% increase in investment in cluster development program in the year 2017-18.

The Ministry of MSME in a tweet said, “MSMEs have set up a new record by increasing Cluster development program investment in the year 2017-18 by almost 400% as compared to 2013-14.”

Comparative growth in government investment in clusters during the period 2014-18 is 330% more than 2010-14.

The program was initiated by Ministry of Micro, Small and Medium Enterprises as key strategy for enhancing the productivity and competitiveness as well as capacity building of Micro and Small Enterprises (MSEs) and their collectives in the country.