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Ministry of MSME to establish 15 new Technology Centres under PPP mode

Updated: Feb 18, 2020 09:42:07am

Ministry of MSME to establish 15 new Technology Centres under PPP mode

New Delhi, Feb 18 (KNN) Ministry of MSME has decided to augment the network of 18 existing technology centers and set up as many as 15 new technology centres under the World Bank assisted technology centre systems programme (TCSP).

These technology centres will be established in Public Private Partnership (PPP) mode in a time span of 3 years. However, the Ministry of MSME said that sectors and area of operation of these TCs will be decided as per need of the MSMEs.

These TCs will provide various technology, skilling, incubation and consultancy leading to enhance the competitiveness of MSMEs, employability of job seekers as well as creation of MSMEs in the country.

Each TC is expected to train 10000 to 15000 unemployed youth/works of industry/students of various institutions in short term to long term training programmes and provide services, consultancy to about 1000 to 1500 enterprises per annum.

Ministry of MSME has established 18 Technology Centres {earlier known as Tool Rooms (TRs) and Technology Development Centres (TDCs)} over a period from the year 1969 to 1999. These TCs operate on a self-sustainable basis as Autonomous societies of Government of India.

The technology centres will be set up on an approximate area of 20 acres land per TC which may be provided by respective State Govt. The estimated cost for one TC may be approx. Rs.200 Crores. These TCs will be managed and operated by Private Players in accordance with mutually agreed terms and conditions.

Ministry has invited bids to set up these Technology Centres in a PPP mode. The proposals in this regard have to be submitted by March 31, 2020. (KNN/SS)




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