Telangana To Set Up MSME Centre Of Excellence To Boost Technology, Market Access

Hyderabad, Oct 12 (KNN) Telangana plans to establish a Centre of Excellence for Micro, Small and Medium Enterprises (MSMEs) to support technology adoption, market access and investment linkages, IT and Industries Minister D Sridhar Babu said on Saturday.

Inaugurating the LUB MSME South India Summit organised by Laghu Udyog Bharati (Telangana), the minister said the centre would focus on promoting Telangana-made products in domestic and international markets.

Telangana Plans MSME Centre Of Excellence

He said the state government had introduced a dedicated MSME policy to strengthen the sector and improve support for small businesses, reported PTI.

The government is also planning to organise a monthly MSME Grievance Day to address concerns raised by enterprises and facilitate their resolution, he added.

Focus On Industrial Infrastructure And Competitiveness

Sridhar Babu said steps were being taken to improve industrial estates in Hyderabad and its surrounding areas. 

He urged MSMEs to focus on product quality, technology adoption, skill development and production capacity to remain competitive.

(KNN Bureau)