Coimbatore, Jan 1 (KNN) In order to help entrepreneurs improve their standards to meet international competition, the district administration has identified about 20 acres of land to set up Micro Small and Medium Enterprises (MSME) technology centre in Sulur.

The union ministry of MSME had sanctioned Rs 200 crore to set up the centre in the district under the scheme ‘establishment of new technology centres’.

“The chosen land is fulfilling the specifications, including a non-residential area and with adequate transportation facilities, that are required to set up the centre. A team of MSME officials from New Delhi is expected to inspect the land within a week or two, ‘said R Vijayakumar, assistant director in-charge of MSME Development Institute, Coimbatore.

"Once the site is approved by them, the project would move to the next stage," he added.

Vijayakumar said they have been planning to procure latest equipment in all sections including textile and automobiles after holding talks with the representatives of each association.

Commenting on MSME faces problems in purchasing high-cost equipment, Vijayakumar said such equipment would be procured and made available for the industries to use adding that ''this will help entrepreneurs to meet international competition and infuse confidence to budding MSMEs.''

 

Vijayakumar, further said that we are also planning to train students, and the district being an educational hub, it would be useful to a lot of students.

Published On : 01-01-2020

Source : KNN India