UNIDO to spend USD 107 million to make Indian enterprises more competitive
Updated: Sep 10, 2013 04:34:45pm
New Delhi, Sept 10 (KNN) United Nations Industrial Development Organization (UNIDO) will spend USD 107 million (about Rs 695 crore) in the next five years to improve competitiveness of Indian enterprises.
An agreement to this effect was recently signed in Vienna.
The UNIDO said that the country programme for India (2013-2017) will transfer new technology, such as the latest energy efficiency and renewable energy technologies, to improve the competitiveness of industrial enterprises in India. It will also increase productivity, quality, and occupational health and safety, and the environmental sustainability of industrial production. All projects will have a strong emphasis on sustainable, green industrial development, with a special focus on environmental protection and energy efficiency.
Phase two of the UNIDO Centre for South-South Industrial Cooperation (UCSSIC) will enhance south-south industrial cooperation and will especially benefit the least developed countries. In its first phase, the UCSSIC developed 13 projects in various sectors, such as agro-industry, renewable energy, cluster development and capacity building. The UCSSIC also established institutional networking and capacity building with 12 other developing countries.
In 1966, India was one of the founder members of UNIDO, and UNIDO implemented the first technical cooperation project in India in 1968. To date, over 400 projects have been completed, with a total budget of over USD 100 million. Currently, 31 projects are being implemented, with more than a dozen more in the pipeline. (KNN/SD)
An agreement to this effect was recently signed in Vienna.
The UNIDO said that the country programme for India (2013-2017) will transfer new technology, such as the latest energy efficiency and renewable energy technologies, to improve the competitiveness of industrial enterprises in India. It will also increase productivity, quality, and occupational health and safety, and the environmental sustainability of industrial production. All projects will have a strong emphasis on sustainable, green industrial development, with a special focus on environmental protection and energy efficiency.
Phase two of the UNIDO Centre for South-South Industrial Cooperation (UCSSIC) will enhance south-south industrial cooperation and will especially benefit the least developed countries. In its first phase, the UCSSIC developed 13 projects in various sectors, such as agro-industry, renewable energy, cluster development and capacity building. The UCSSIC also established institutional networking and capacity building with 12 other developing countries.
In 1966, India was one of the founder members of UNIDO, and UNIDO implemented the first technical cooperation project in India in 1968. To date, over 400 projects have been completed, with a total budget of over USD 100 million. Currently, 31 projects are being implemented, with more than a dozen more in the pipeline. (KNN/SD)
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