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The Technopark in Thiruvananthapuram, Kerala, India has signed an agreement to establish an MSME (Micro, Small, and Medium Enterprises) Technology Centre. This initiative aims to support and enhance technology-driven growth for small and medium-sized businesses. The center will provide resources, training, and infrastructure to promote innovation and development in the MSME sector. The collaboration between Technopark and MSMEs is expected to boost economic growth and create employment opportunities in the
Times Of India
Published on February 21, 2024
MSME News | Thiruvananthapuram, Kerala, India: In a significant development, Technopark, one of India’s premier technology parks, has signed a pact to establish an MSME (Micro, Small, and Medium Enterprises) Technology Centre. The agreement aims to bolster technological growth and innovation within the MSME sector.
Key Highlights: Of MSME News
Empowering MSMEs
The establishment of the MSME Technology Center underscores the commitment to empower small and medium-sized businesses. By providing access to cutting-edge technologies, the center aims to enhance their competitiveness and productivity.
Land Lease Agreement
Technopark has exchanged a land lease agreement with the development commissioner of MSME, Government of India. To establish the Technology Center, about 9.50 acres of Technocity property will be leased for a duration of 90 years.
Focus on Advanced Manufacturing
The center’s primary focus will be on promoting advanced manufacturing technologies. This includes areas such as automation, additive manufacturing, and precision engineering. By equipping MSMEs with these tools, the center aims to elevate their production capabilities.
Skill Development and Training:
The Technology Centre will serve as a hub for technical skill development. It will offer training programs, workshops, and certifications to young individuals, creating a skilled workforce ready to contribute to the industry.
Advisory Services:
MSMEs often face challenges related to technology adoption, market access, and business strategies. The center will provide technical and business advisory support to address these issues. Experienced professionals will guide entrepreneurs and help them make informed decisions.
Digital Ecosystem Enhancement
Developed under the Technology Centres and Extension Centres (TCEC) scheme of the Union Ministry, the MSME Technology Centre will play a crucial role in augmenting Kerala’s overall digital ecosystem. It will foster collaboration, knowledge sharing, and innovation.
Summery
This initiative holds immense promise for economic growth, job creation, and the overall development of the MSME sector in Kerala. As Technopark continues to be a beacon of technological progress, the establishment of this center reinforces its commitment to fostering innovation and supporting businesses at every stage of their journey. 🌟🚀
News Source: Times of India
FAQ
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What is MSME?
MSME’s full form Is Micro Small Medium Enterprises
What is technopark
Technopark Thiruvananthapuram: Located in Kerala, India, this technopark is home to over 400 IT and ITES companies.
