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IISc to leverage its resource for upgrading MSMEs' competitiveness

Updated: Jun 17, 2014 03:20:53pm
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Bengaluru Jun 17 (KNN) The prestigious Indian Institute of Science (IISc) will use its vast repository of knowledge of researchers, professors and intellectuals for improving competitiveness of the micro, small and medium enterprises (MSMEs) through innovation and other means.

It is in this context that MSME Minister Kalraj Mishra inaugurated the “Centre of Excellence” located in Indian Institute of Science (IISc) campus here today. The Centre of Excellence is a joint initiative of Ministry of MSME and IISc, Bengaluru under an MOU signed between them.

“With its vast repository of knowledge of researchers, professors, and intellectuals, IISc would contribute to innovation, competitiveness and growth in MSME sector through this centre,” an statement said  

The centre will act as a platform for process and product design and development by identifying and providing comprehensive solutions for indigenization and value engineering to industries. The concept was initiated after detailed deliberations, and eight departments within IISc were identified for the purpose. These are Computer Science and automation, Electrical Engineering, Electrical Communication Engineering, Electronic Systems Engineering, Aerospace Engineering, Chemical Engineering, Mechanical Engineering and Material Engineering. 

The initiative will take manufacturing sector particularly MSMEs to new scales, the minister said. (KNN Bureau)

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