New Delhi, Dec 8 (KNN) In order to set up a Technology Centre (Tool Room) at Kanpur, a tripartite Memorandum of Understanding (MoU) has been signed today, among Ministry of Textiles, Ministry of Micro, Small & Medium Enterprises (MSME) & National Textile Corporation (NTC).
 
Under the MoU, Ministry of MSME will fund the project, while NTC would provide the land in a closed, unviable mill.

Kalraj Mishra, Union Minister of MSME; Santosh Kumar Gangwar, Minister of State for Textiles (I/C), and Murli Manohar Joshi, M.P. from Kanpur were present on the occasion.

Management will be through a Governing Council where Development Commissioner, MSME will be Chairman and Ministry of Textiles representative, co-chair.

Benefits to Ministry of Textiles include, among others, skilling of youth in textile sector, thus, providing requisite skilled manpower to the textile industry, said an official release.

The Technology Centre would provide support in manufacturing of quality tools that would improve productivity of MSMEs and enable them to become competitive in national and international markets; it would also provide trained manpower and consultancy in related areas. Since National Textile Corporation is moving forward towards modernization, expansion and integration, the setting up of the Technology Centres would be immensely beneficial to NTC as well.
 
Drawing inspiration from the vision of the Prime Minister for ‘Skill India’, Ministry of Textiles, through Integrated Skill Development Scheme (ISDS) targets to train 15 lakh youth in the textile sector by 2017. The Ministry is exploring several alternatives to achieve this target, including evolving synergy with ongoing schemes/institutions and with other Ministries as well.
 
The MoU with Ministry of MSME is one such synergistic initiative in this direction. (KNN Bureau)